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 |
---|---|---|---|---|---|---|---|---|
TSLA | CALL | SWEEP | BULLISH | 02/24/23 | $210.00 | $32.1K | 20.8K | 100.2K |
M | PUT | SWEEP | BEARISH | 01/19/24 | $18.00 | $447.6K | 2.1K | 1.8K |
SIG | PUT | TRADE | BEARISH | 07/21/23 | $65.00 | $28.5K | 23 | 936 |
FNKO | PUT | SWEEP | BEARISH | 03/17/23 | $10.00 | $35.2K | 87 | 622 |
HD | PUT | TRADE | BEARISH | 04/21/23 | $265.00 | $34.0K | 334 | 275 |
SBUX | PUT | TRADE | BEARISH | 04/21/23 | $110.00 | $27.2K | 1.6K | 220 |
AMZN | CALL | TRADE | NEUTRAL | 01/19/24 | $99.00 | $26.8K | 2.5K | 153 |
GM | PUT | TRADE | BULLISH | 01/17/25 | $40.00 | $28.7K | 6.4K | 62 |
MBLY | CALL | TRADE | BEARISH | 12/15/23 | $50.00 | $28.4K | 294 | 52 |
ABNB | PUT | SWEEP | BEARISH | 07/21/23 | $120.00 | $44.5K | 190 | 52 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA TSLA, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on February 24, 2023. Parties traded 102 contract(s) at a $210.00 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 $32.1K, with a price of $315.0 per contract. There were 20833 open contracts at this strike prior to today, and today 100251 contract(s) were bought and sold.
• Regarding M M, we observe a put option sweep with bearish sentiment. It expires in 332 day(s) on January 19, 2024. Parties traded 1865 contract(s) at a $18.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $447.6K, with a price of $240.0 per contract. There were 2153 open contracts at this strike prior to today, and today 1865 contract(s) were bought and sold.
• For SIG SIG, we notice a put option trade that happens to be bearish, expiring in 150 day(s) on July 21, 2023. This event was a transfer of 50 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $28.5K, with a price of $570.0 per contract. There were 23 open contracts at this strike prior to today, and today 936 contract(s) were bought and sold.
• For FNKO FNKO, we notice a put option sweep that happens to be bearish, expiring in 24 day(s) on March 17, 2023. This event was a transfer of 587 contract(s) at a $10.00 strike. This particular put needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $35.2K, with a price of $60.0 per contract. There were 87 open contracts at this strike prior to today, and today 622 contract(s) were bought and sold.
• For HD HD, we notice a put option trade that happens to be bearish, expiring in 59 day(s) on April 21, 2023. This event was a transfer of 100 contract(s) at a $265.00 strike. The total cost received by the writing party (or parties) was $34.0K, with a price of $340.0 per contract. There were 334 open contracts at this strike prior to today, and today 275 contract(s) were bought and sold.
• For SBUX SBUX, we notice a put option trade that happens to be bearish, expiring in 59 day(s) on April 21, 2023. This event was a transfer of 44 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $27.2K, with a price of $620.0 per contract. There were 1663 open contracts at this strike prior to today, and today 220 contract(s) were bought and sold.
• For AMZN AMZN, we notice a call option trade that happens to be neutral, expiring in 332 day(s) on January 19, 2024. This event was a transfer of 20 contract(s) at a $99.00 strike. The total cost received by the writing party (or parties) was $26.8K, with a price of $1340.0 per contract. There were 2506 open contracts at this strike prior to today, and today 153 contract(s) were bought and sold.
• Regarding GM GM, we observe a put option trade with bullish sentiment. It expires in 696 day(s) on January 17, 2025. Parties traded 50 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $28.7K, with a price of $575.0 per contract. There were 6410 open contracts at this strike prior to today, and today 62 contract(s) were bought and sold.
• For MBLY MBLY, we notice a call option trade that happens to be bearish, expiring in 297 day(s) on December 15, 2023. This event was a transfer of 50 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $28.4K, with a price of $568.0 per contract. There were 294 open contracts at this strike prior to today, and today 52 contract(s) were bought and sold.
• For ABNB ABNB, we notice a put option sweep that happens to be bearish, expiring in 150 day(s) on July 21, 2023. This event was a transfer of 43 contract(s) at a $120.00 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 $44.5K, with a price of $1035.0 per contract. There were 190 open contracts at this strike prior to today, and today 52 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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