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 | TRADE | NEUTRAL | 09/29/23 | $240.00 | $35.5K | 16.9K | 94.0K |
RIVN | CALL | SWEEP | BEARISH | 10/06/23 | $22.50 | $84.0K | 778 | 2.7K |
FFIE | PUT | SWEEP | BEARISH | 10/20/23 | $3.00 | $386.6K | 124 | 2.3K |
TAL | CALL | TRADE | NEUTRAL | 10/20/23 | $9.00 | $39.1K | 315 | 1.1K |
WYNN | PUT | SWEEP | BEARISH | 03/15/24 | $92.50 | $240.0K | 409 | 250 |
ARMK | PUT | TRADE | BULLISH | 09/20/24 | $40.00 | $103.9K | 167 | 166 |
ABNB | PUT | SWEEP | BULLISH | 11/17/23 | $130.00 | $27.7K | 3.1K | 131 |
NKE | CALL | TRADE | BULLISH | 01/17/25 | $82.50 | $37.2K | 35 | 130 |
DKS | PUT | SWEEP | BEARISH | 12/15/23 | $95.00 | $34.2K | 118 | 101 |
LI | PUT | TRADE | BEARISH | 10/13/23 | $37.00 | $31.0K | 125 | 100 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For TSLA TSLA, we notice a put option trade that happens to be neutral, expiring in 2 day(s) on September 29, 2023. This event was a transfer of 50 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $35.5K, with a price of $710.0 per contract. There were 16901 open contracts at this strike prior to today, and today 94073 contract(s) were bought and sold.
• Regarding RIVN RIVN, we observe a call option sweep with bearish sentiment. It expires in 9 day(s) on October 6, 2023. Parties traded 800 contract(s) at a $22.50 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 $84.0K, with a price of $105.0 per contract. There were 778 open contracts at this strike prior to today, and today 2718 contract(s) were bought and sold.
• For FFIE FFIE, we notice a put option sweep that happens to be bearish, expiring in 23 day(s) on October 20, 2023. This event was a transfer of 2221 contract(s) at a $3.00 strike. This particular put needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $386.6K, with a price of $174.0 per contract. There were 124 open contracts at this strike prior to today, and today 2322 contract(s) were bought and sold.
• Regarding TAL TAL, we observe a call option trade with neutral sentiment. It expires in 23 day(s) on October 20, 2023. Parties traded 851 contract(s) at a $9.00 strike. The total cost received by the writing party (or parties) was $39.1K, with a price of $46.0 per contract. There were 315 open contracts at this strike prior to today, and today 1119 contract(s) were bought and sold.
• Regarding WYNN WYNN, we observe a put option sweep with bearish sentiment. It expires in 170 day(s) on March 15, 2024. Parties traded 250 contract(s) at a $92.50 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $240.0K, with a price of $960.0 per contract. There were 409 open contracts at this strike prior to today, and today 250 contract(s) were bought and sold.
• For ARMK ARMK, we notice a put option trade that happens to be bullish, expiring in 359 day(s) on September 20, 2024. This event was a transfer of 165 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $103.9K, with a price of $630.0 per contract. There were 167 open contracts at this strike prior to today, and today 166 contract(s) were bought and sold.
• For ABNB ABNB, we notice a put option sweep that happens to be bullish, expiring in 51 day(s) on November 17, 2023. This event was a transfer of 37 contract(s) at a $130.00 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 $27.7K, with a price of $750.0 per contract. There were 3171 open contracts at this strike prior to today, and today 131 contract(s) were bought and sold.
• Regarding NKE NKE, we observe a call option trade with bullish sentiment. It expires in 478 day(s) on January 17, 2025. Parties traded 20 contract(s) at a $82.50 strike. The total cost received by the writing party (or parties) was $37.2K, with a price of $1860.0 per contract. There were 35 open contracts at this strike prior to today, and today 130 contract(s) were bought and sold.
• Regarding DKS DKS, we observe a put option sweep with bearish sentiment. It expires in 79 day(s) on December 15, 2023. Parties traded 95 contract(s) at a $95.00 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 $34.2K, with a price of $360.0 per contract. There were 118 open contracts at this strike prior to today, and today 101 contract(s) were bought and sold.
• For LI LI, we notice a put option trade that happens to be bearish, expiring in 16 day(s) on October 13, 2023. This event was a transfer of 100 contract(s) at a $37.00 strike. The total cost received by the writing party (or parties) was $31.0K, with a price of $310.0 per contract. There were 125 open contracts at this strike prior to today, and today 100 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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