This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels.
Here's the list of options activity happening in today's session:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
LYFT | CALL | SWEEP | BULLISH | 01/20/23 | $15.00 | $27.8K | 90.1K | 9.8K |
UBER | CALL | SWEEP | NEUTRAL | 03/17/23 | $30.00 | $36.0K | 18.9K | 2.1K |
GE | CALL | TRADE | BEARISH | 02/17/23 | $80.00 | $43.0K | 438 | 1.4K |
BLNK | PUT | SWEEP | BEARISH | 01/19/24 | $18.00 | $26.3K | 4.5K | 917 |
RUN | PUT | SWEEP | BULLISH | 01/13/23 | $29.00 | $51.4K | 698 | 570 |
JBLU | CALL | SWEEP | BEARISH | 06/16/23 | $7.00 | $36.0K | 411 | 410 |
PLUG | PUT | TRADE | BULLISH | 01/19/24 | $12.50 | $66.6K | 8.0K | 240 |
WAB | PUT | SWEEP | BULLISH | 07/21/23 | $95.00 | $119.0K | 2.5K | 229 |
BA | PUT | TRADE | BULLISH | 01/19/24 | $170.00 | $183.6K | 3.3K | 203 |
ENVX | PUT | TRADE | BULLISH | 04/21/23 | $10.00 | $40.7K | 768 | 152 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For LYFT LYFT, we notice a call option sweep that happens to be bullish, expiring in 10 day(s) on January 20, 2023. This event was a transfer of 1857 contract(s) at a $15.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $27.8K, with a price of $15.0 per contract. There were 90147 open contracts at this strike prior to today, and today 9838 contract(s) were bought and sold.
• Regarding UBER UBER, we observe a call option sweep with neutral sentiment. It expires in 66 day(s) on March 17, 2023. Parties traded 200 contract(s) at a $30.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $36.0K, with a price of $180.0 per contract. There were 18976 open contracts at this strike prior to today, and today 2180 contract(s) were bought and sold.
• For GE GE, we notice a call option trade that happens to be bearish, expiring in 38 day(s) on February 17, 2023. This event was a transfer of 384 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $43.0K, with a price of $112.0 per contract. There were 438 open contracts at this strike prior to today, and today 1441 contract(s) were bought and sold.
• For BLNK BLNK, we notice a put option sweep that happens to be bearish, expiring in 374 day(s) on January 19, 2024. This event was a transfer of 31 contract(s) at a $18.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $26.3K, with a price of $850.0 per contract. There were 4517 open contracts at this strike prior to today, and today 917 contract(s) were bought and sold.
• For RUN RUN, we notice a put option sweep that happens to be bullish, expiring in 3 day(s) on January 13, 2023. This event was a transfer of 90 contract(s) at a $29.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $51.4K, with a price of $571.0 per contract. There were 698 open contracts at this strike prior to today, and today 570 contract(s) were bought and sold.
• For JBLU JBLU, we notice a call option sweep that happens to be bearish, expiring in 157 day(s) on June 16, 2023. This event was a transfer of 275 contract(s) at a $7.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $36.0K, with a price of $131.0 per contract. There were 411 open contracts at this strike prior to today, and today 410 contract(s) were bought and sold.
• For PLUG PLUG, we notice a put option trade that happens to be bullish, expiring in 374 day(s) on January 19, 2024. This event was a transfer of 239 contract(s) at a $12.50 strike. The total cost received by the writing party (or parties) was $66.6K, with a price of $279.0 per contract. There were 8018 open contracts at this strike prior to today, and today 240 contract(s) were bought and sold.
• Regarding WAB WAB, we observe a put option sweep with bullish sentiment. It expires in 192 day(s) on July 21, 2023. Parties traded 229 contract(s) at a $95.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $119.0K, with a price of $520.0 per contract. There were 2515 open contracts at this strike prior to today, and today 229 contract(s) were bought and sold.
• Regarding BA BA, we observe a put option trade with bullish sentiment. It expires in 374 day(s) on January 19, 2024. Parties traded 135 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $183.6K, with a price of $1360.0 per contract. There were 3395 open contracts at this strike prior to today, and today 203 contract(s) were bought and sold.
• Regarding ENVX ENVX, we observe a put option trade with bullish sentiment. It expires in 101 day(s) on April 21, 2023. Parties traded 151 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $40.7K, with a price of $270.0 per contract. There were 768 open contracts at this strike prior to today, and today 152 contract(s) were bought and sold.
Options Alert Terminology
- Call Contracts: The right to buy shares as indicated in the contract.
- Put Contracts: The right to sell shares as indicated in the contract.
- Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it.
- Premium/Option Price: The price of the contract.
For more information, visit our Guide to Understanding Options Alerts or read more news on unusual options activity.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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