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 | PUT | SWEEP | BULLISH | 04/28/23 | $160.00 | $41.4K | 1.5K | 11.8K |
VFC | CALL | TRADE | BULLISH | 05/19/23 | $25.00 | $94.5K | 4.5K | 1.8K |
GME | CALL | TRADE | BEARISH | 09/15/23 | $32.00 | $204.0K | 51 | 1.2K |
LEVI | PUT | TRADE | BULLISH | 05/19/23 | $18.00 | $83.2K | 56 | 882 |
TJX | CALL | TRADE | BULLISH | 04/21/23 | $75.00 | $29.4K | 1.8K | 403 |
PSNY | CALL | TRADE | BEARISH | 01/17/25 | $5.00 | $25.0K | 3.1K | 319 |
EXPE | CALL | TRADE | BULLISH | 04/06/23 | $91.00 | $47.0K | 58 | 300 |
NKE | PUT | SWEEP | BEARISH | 04/21/23 | $125.00 | $37.9K | 5.5K | 167 |
ABNB | CALL | SWEEP | BULLISH | 07/21/23 | $130.00 | $50.8K | 1.3K | 112 |
HELE | PUT | TRADE | BEARISH | 08/18/23 | $130.00 | $26.8K | 59 | 7 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a put option sweep that happens to be bullish, expiring in 24 day(s) on April 28, 2023. This event was a transfer of 167 contract(s) at a $160.00 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 $41.4K, with a price of $248.0 per contract. There were 1534 open contracts at this strike prior to today, and today 11872 contract(s) were bought and sold.
• Regarding VFC VFC, we observe a call option trade with bullish sentiment. It expires in 45 day(s) on May 19, 2023. Parties traded 1750 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $94.5K, with a price of $54.0 per contract. There were 4575 open contracts at this strike prior to today, and today 1802 contract(s) were bought and sold.
• For GME GME, we notice a call option trade that happens to be bearish, expiring in 164 day(s) on September 15, 2023. This event was a transfer of 1200 contract(s) at a $32.00 strike. The total cost received by the writing party (or parties) was $204.0K, with a price of $170.0 per contract. There were 51 open contracts at this strike prior to today, and today 1200 contract(s) were bought and sold.
• Regarding LEVI LEVI, we observe a put option trade with bullish sentiment. It expires in 45 day(s) on May 19, 2023. Parties traded 800 contract(s) at a $18.00 strike. The total cost received by the writing party (or parties) was $83.2K, with a price of $104.0 per contract. There were 56 open contracts at this strike prior to today, and today 882 contract(s) were bought and sold.
• Regarding TJX TJX, we observe a call option trade with bullish sentiment. It expires in 17 day(s) on April 21, 2023. Parties traded 70 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $29.4K, with a price of $420.0 per contract. There were 1895 open contracts at this strike prior to today, and today 403 contract(s) were bought and sold.
• Regarding PSNY PSNY, we observe a call option trade with bearish sentiment. It expires in 654 day(s) on January 17, 2025. Parties traded 200 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $125.0 per contract. There were 3168 open contracts at this strike prior to today, and today 319 contract(s) were bought and sold.
• Regarding EXPE EXPE, we observe a call option trade with bullish sentiment. It expires in 2 day(s) on April 6, 2023. Parties traded 147 contract(s) at a $91.00 strike. The total cost received by the writing party (or parties) was $47.0K, with a price of $320.0 per contract. There were 58 open contracts at this strike prior to today, and today 300 contract(s) were bought and sold.
• Regarding NKE NKE, we observe a put option sweep with bearish sentiment. It expires in 17 day(s) on April 21, 2023. Parties traded 115 contract(s) at a $125.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $37.9K, with a price of $330.0 per contract. There were 5583 open contracts at this strike prior to today, and today 167 contract(s) were bought and sold.
• Regarding ABNB ABNB, we observe a call option sweep with bullish sentiment. It expires in 108 day(s) on July 21, 2023. Parties traded 64 contract(s) at a $130.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $50.8K, with a price of $795.0 per contract. There were 1300 open contracts at this strike prior to today, and today 112 contract(s) were bought and sold.
• Regarding HELE HELE, we observe a put option trade with bearish sentiment. It expires in 136 day(s) on August 18, 2023. Parties traded 7 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $26.8K, with a price of $3840.0 per contract. There were 59 open contracts at this strike prior to today, and today 7 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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