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 |
---|---|---|---|---|---|---|---|---|
HAL | CALL | TRADE | NEUTRAL | 02/17/23 | $45.00 | $41.8K | 2.3K | 2.3K |
BTU | PUT | SWEEP | BULLISH | 01/19/24 | $20.00 | $150.0K | 1.3K | 1.1K |
OXY | CALL | TRADE | BULLISH | 01/19/24 | $23.00 | $3.2 million | 31.1K | 743 |
SHEL | PUT | TRADE | BULLISH | 04/21/23 | $57.50 | $62.9K | 1.3K | 545 |
CVX | CALL | TRADE | NEUTRAL | 02/17/23 | $180.00 | $30.9K | 5.3K | 536 |
NFE | PUT | TRADE | BEARISH | 03/17/23 | $30.00 | $47.5K | 1.3K | 502 |
XOM | PUT | TRADE | BEARISH | 06/20/25 | $105.00 | $185.2K | 0 | 150 |
CTRA | CALL | SWEEP | BULLISH | 07/21/23 | $22.00 | $38.0K | 112 | 108 |
PSX | CALL | TRADE | BULLISH | 03/17/23 | $110.00 | $25.9K | 180 | 102 |
SLB | CALL | SWEEP | BULLISH | 02/17/23 | $57.50 | $80.4K | 5.5K | 69 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding HAL HAL, we observe a call option trade with neutral sentiment. It expires in 22 day(s) on February 17, 2023. Parties traded 2200 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $41.8K, with a price of $19.0 per contract. There were 2321 open contracts at this strike prior to today, and today 2357 contract(s) were bought and sold.
• Regarding BTU BTU, we observe a put option sweep with bullish sentiment. It expires in 358 day(s) on January 19, 2024. Parties traded 500 contract(s) at a $20.00 strike. This particular put needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $150.0K, with a price of $300.0 per contract. There were 1388 open contracts at this strike prior to today, and today 1105 contract(s) were bought and sold.
• Regarding OXY OXY, we observe a call option trade with bullish sentiment. It expires in 358 day(s) on January 19, 2024. Parties traded 738 contract(s) at a $23.00 strike. The total cost received by the writing party (or parties) was $3.2 million, with a price of $4350.0 per contract. There were 31143 open contracts at this strike prior to today, and today 743 contract(s) were bought and sold.
• Regarding SHEL SHEL, we observe a put option trade with bullish sentiment. It expires in 85 day(s) on April 21, 2023. Parties traded 268 contract(s) at a $57.50 strike. The total cost received by the writing party (or parties) was $62.9K, with a price of $235.0 per contract. There were 1304 open contracts at this strike prior to today, and today 545 contract(s) were bought and sold.
• Regarding CVX CVX, we observe a call option trade with neutral sentiment. It expires in 22 day(s) on February 17, 2023. Parties traded 34 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $30.9K, with a price of $910.0 per contract. There were 5385 open contracts at this strike prior to today, and today 536 contract(s) were bought and sold.
• For NFE NFE, we notice a put option trade that happens to be bearish, expiring in 50 day(s) on March 17, 2023. This event was a transfer of 500 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $47.5K, with a price of $95.0 per contract. There were 1355 open contracts at this strike prior to today, and today 502 contract(s) were bought and sold.
• Regarding XOM XOM, we observe a put option trade with bearish sentiment. It expires in 876 day(s) on June 20, 2025. Parties traded 150 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $185.2K, with a price of $1235.0 per contract. There were 0 open contracts at this strike prior to today, and today 150 contract(s) were bought and sold.
• Regarding CTRA CTRA, we observe a call option sweep with bullish sentiment. It expires in 176 day(s) on July 21, 2023. Parties traded 100 contract(s) at a $22.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $38.0K, with a price of $380.0 per contract. There were 112 open contracts at this strike prior to today, and today 108 contract(s) were bought and sold.
• For PSX PSX, we notice a call option trade that happens to be bullish, expiring in 50 day(s) on March 17, 2023. This event was a transfer of 50 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $25.9K, with a price of $518.0 per contract. There were 180 open contracts at this strike prior to today, and today 102 contract(s) were bought and sold.
• For SLB SLB, we notice a call option sweep that happens to be bullish, expiring in 22 day(s) on February 17, 2023. This event was a transfer of 529 contract(s) at a $57.50 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $80.4K, with a price of $152.0 per contract. There were 5533 open contracts at this strike prior to today, and today 69 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 about 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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