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.
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 | TRADE | BULLISH | 09/01/23 | $250.00 | $31.4K | 29.9K | 24.2K |
GM | CALL | SWEEP | BEARISH | 12/15/23 | $36.00 | $148.0K | 584 | 1.0K |
GOTU | CALL | SWEEP | BULLISH | 10/20/23 | $3.00 | $31.8K | 338 | 976 |
DHI | PUT | SWEEP | BULLISH | 11/17/23 | $125.00 | $50.3K | 952 | 780 |
LVS | CALL | TRADE | BULLISH | 10/20/23 | $57.50 | $33.4K | 2.0K | 722 |
DKS | PUT | TRADE | NEUTRAL | 01/17/25 | $85.00 | $29.6K | 665 | 345 |
LULU | CALL | SWEEP | NEUTRAL | 09/08/23 | $400.00 | $33.8K | 164 | 317 |
HD | PUT | TRADE | BULLISH | 11/17/23 | $345.00 | $25.8K | 318 | 76 |
RCL | PUT | TRADE | BEARISH | 10/20/23 | $97.50 | $27.6K | 317 | 76 |
ASO | PUT | TRADE | NEUTRAL | 10/20/23 | $65.00 | $30.1K | 109 | 36 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a call option trade that happens to be bullish, expiring in 1 day(s) on September 1, 2023. This event was a transfer of 38 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $31.4K, with a price of $827.0 per contract. There were 29937 open contracts at this strike prior to today, and today 24293 contract(s) were bought and sold.
• For GM GM, we notice a call option sweep that happens to be bearish, expiring in 106 day(s) on December 15, 2023. This event was a transfer of 1000 contract(s) at a $36.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $148.0K, with a price of $148.0 per contract. There were 584 open contracts at this strike prior to today, and today 1011 contract(s) were bought and sold.
• Regarding GOTU GOTU, we observe a call option sweep with bullish sentiment. It expires in 50 day(s) on October 20, 2023. Parties traded 914 contract(s) at a $3.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $31.8K, with a price of $35.0 per contract. There were 338 open contracts at this strike prior to today, and today 976 contract(s) were bought and sold.
• Regarding DHI DHI, we observe a put option sweep with bullish sentiment. It expires in 78 day(s) on November 17, 2023. Parties traded 52 contract(s) at a $125.00 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 $50.3K, with a price of $969.0 per contract. There were 952 open contracts at this strike prior to today, and today 780 contract(s) were bought and sold.
• For LVS LVS, we notice a call option trade that happens to be bullish, expiring in 50 day(s) on October 20, 2023. This event was a transfer of 200 contract(s) at a $57.50 strike. The total cost received by the writing party (or parties) was $33.4K, with a price of $167.0 per contract. There were 2005 open contracts at this strike prior to today, and today 722 contract(s) were bought and sold.
• For DKS DKS, we notice a put option trade that happens to be neutral, expiring in 505 day(s) on January 17, 2025. This event was a transfer of 40 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $29.6K, with a price of $740.0 per contract. There were 665 open contracts at this strike prior to today, and today 345 contract(s) were bought and sold.
• For LULU LULU, we notice a call option sweep that happens to be neutral, expiring in 8 day(s) on September 8, 2023. This event was a transfer of 44 contract(s) at a $400.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $33.8K, with a price of $770.0 per contract. There were 164 open contracts at this strike prior to today, and today 317 contract(s) were bought and sold.
• For HD HD, we notice a put option trade that happens to be bullish, expiring in 78 day(s) on November 17, 2023. This event was a transfer of 15 contract(s) at a $345.00 strike. The total cost received by the writing party (or parties) was $25.8K, with a price of $1725.0 per contract. There were 318 open contracts at this strike prior to today, and today 76 contract(s) were bought and sold.
• For RCL RCL, we notice a put option trade that happens to be bearish, expiring in 50 day(s) on October 20, 2023. This event was a transfer of 69 contract(s) at a $97.50 strike. The total cost received by the writing party (or parties) was $27.6K, with a price of $400.0 per contract. There were 317 open contracts at this strike prior to today, and today 76 contract(s) were bought and sold.
• Regarding ASO ASO, we observe a put option trade with neutral sentiment. It expires in 50 day(s) on October 20, 2023. Parties traded 32 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $30.1K, with a price of $943.0 per contract. There were 109 open contracts at this strike prior to today, and today 36 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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