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 will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels.
Below are some instances of options activity happening in the Consumer Discretionary sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
TSLA | CALL | SWEEP | BULLISH | 06/16/23 | $260.00 | $58.2K | 33.1K | 127.9K |
XPEV | CALL | SWEEP | BULLISH | 07/21/23 | $12.50 | $174.6K | 30.0K | 18.9K |
RIVN | CALL | SWEEP | BULLISH | 07/21/23 | $15.00 | $54.9K | 20.8K | 5.8K |
CVNA | CALL | TRADE | BULLISH | 06/16/23 | $25.50 | $34.4K | 810 | 2.8K |
NIO | CALL | SWEEP | BULLISH | 01/17/25 | $12.50 | $353.8K | 7.9K | 2.1K |
F | CALL | SWEEP | BULLISH | 01/17/25 | $16.35 | $59.8K | 8.0K | 1.9K |
NKE | PUT | SWEEP | BEARISH | 06/23/23 | $112.00 | $72.9K | 874 | 1.5K |
DHI | PUT | SWEEP | BULLISH | 08/18/23 | $120.00 | $33.7K | 423 | 781 |
LVS | CALL | TRADE | BEARISH | 06/23/23 | $57.00 | $63.0K | 37 | 301 |
NCLH | CALL | SWEEP | BULLISH | 09/15/23 | $19.00 | $45.0K | 5.8K | 192 |
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 1 day(s) on June 16, 2023. Parties traded 201 contract(s) at a $260.00 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 $58.2K, with a price of $290.0 per contract. There were 33154 open contracts at this strike prior to today, and today 127937 contract(s) were bought and sold.
• For XPEV XPEV, we notice a call option sweep that happens to be bullish, expiring in 36 day(s) on July 21, 2023. This event was a transfer of 2211 contract(s) at a $12.50 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $174.6K, with a price of $79.0 per contract. There were 30052 open contracts at this strike prior to today, and today 18957 contract(s) were bought and sold.
• Regarding RIVN RIVN, we observe a call option sweep with bullish sentiment. It expires in 36 day(s) on July 21, 2023. Parties traded 350 contract(s) at a $15.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $54.9K, with a price of $157.0 per contract. There were 20831 open contracts at this strike prior to today, and today 5831 contract(s) were bought and sold.
• For CVNA CVNA, we notice a call option trade that happens to be bullish, expiring in 1 day(s) on June 16, 2023. This event was a transfer of 175 contract(s) at a $25.50 strike. The total cost received by the writing party (or parties) was $34.4K, with a price of $197.0 per contract. There were 810 open contracts at this strike prior to today, and today 2853 contract(s) were bought and sold.
• Regarding NIO NIO, we observe a call option sweep with bullish sentiment. It expires in 582 day(s) on January 17, 2025. Parties traded 1315 contract(s) at a $12.50 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $353.8K, with a price of $269.0 per contract. There were 7952 open contracts at this strike prior to today, and today 2175 contract(s) were bought and sold.
• Regarding F F, we observe a call option sweep with bullish sentiment. It expires in 582 day(s) on January 17, 2025. Parties traded 329 contract(s) at a $16.35 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $59.8K, with a price of $182.0 per contract. There were 8024 open contracts at this strike prior to today, and today 1976 contract(s) were bought and sold.
• For NKE NKE, we notice a put option sweep that happens to be bearish, expiring in 8 day(s) on June 23, 2023. This event was a transfer of 424 contract(s) at a $112.00 strike. This particular put needed to be split into 61 different trades to become filled. The total cost received by the writing party (or parties) was $72.9K, with a price of $172.0 per contract. There were 874 open contracts at this strike prior to today, and today 1533 contract(s) were bought and sold.
• Regarding DHI DHI, we observe a put option sweep with bullish sentiment. It expires in 64 day(s) on August 18, 2023. Parties traded 45 contract(s) at a $120.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $33.7K, with a price of $750.0 per contract. There were 423 open contracts at this strike prior to today, and today 781 contract(s) were bought and sold.
• Regarding LVS LVS, we observe a call option trade with bearish sentiment. It expires in 8 day(s) on June 23, 2023. Parties traded 280 contract(s) at a $57.00 strike. The total cost received by the writing party (or parties) was $63.0K, with a price of $225.0 per contract. There were 37 open contracts at this strike prior to today, and today 301 contract(s) were bought and sold.
• For NCLH NCLH, we notice a call option sweep that happens to be bullish, expiring in 92 day(s) on September 15, 2023. This event was a transfer of 200 contract(s) at a $19.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $45.0K, with a price of $225.0 per contract. There were 5823 open contracts at this strike prior to today, and today 192 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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