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 | BULLISH | 10/06/23 | $245.00 | $36.5K | 16.4K | 72.3K |
F | CALL | SWEEP | BEARISH | 12/15/23 | $14.00 | $45.2K | 29.3K | 7.6K |
CPRI | CALL | TRADE | NEUTRAL | 10/20/23 | $52.50 | $60.0K | 4.4K | 4.4K |
TH | PUT | SWEEP | BEARISH | 12/15/23 | $12.00 | $30.6K | 59 | 3.2K |
GM | CALL | SWEEP | BEARISH | 12/15/23 | $39.00 | $37.2K | 8.4K | 1.4K |
RCL | PUT | SWEEP | BULLISH | 10/06/23 | $89.00 | $33.3K | 966 | 1.0K |
CHWY | CALL | TRADE | BEARISH | 10/20/23 | $18.00 | $28.5K | 1.6K | 747 |
SNBR | CALL | SWEEP | BULLISH | 12/15/23 | $20.00 | $103.7K | 244 | 506 |
GPS | CALL | SWEEP | BEARISH | 10/20/23 | $10.00 | $26.7K | 3.3K | 493 |
QS | CALL | SWEEP | BULLISH | 04/19/24 | $6.00 | $28.2K | 821 | 400 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA TSLA, we observe a put option trade with bullish sentiment. It expires in 3 day(s) on October 6, 2023. Parties traded 100 contract(s) at a $245.00 strike. The total cost received by the writing party (or parties) was $36.5K, with a price of $365.0 per contract. There were 16487 open contracts at this strike prior to today, and today 72383 contract(s) were bought and sold.
• Regarding F F, we observe a call option sweep with bearish sentiment. It expires in 73 day(s) on December 15, 2023. Parties traded 2500 contract(s) at a $14.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $45.2K, with a price of $18.0 per contract. There were 29357 open contracts at this strike prior to today, and today 7612 contract(s) were bought and sold.
• For CPRI CPRI, we notice a call option trade that happens to be neutral, expiring in 17 day(s) on October 20, 2023. This event was a transfer of 1500 contract(s) at a $52.50 strike. The total cost received by the writing party (or parties) was $60.0K, with a price of $40.0 per contract. There were 4464 open contracts at this strike prior to today, and today 4413 contract(s) were bought and sold.
• Regarding TH TH, we observe a put option sweep with bearish sentiment. It expires in 73 day(s) on December 15, 2023. Parties traded 471 contract(s) at a $12.00 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 $30.6K, with a price of $65.0 per contract. There were 59 open contracts at this strike prior to today, and today 3225 contract(s) were bought and sold.
• Regarding GM GM, we observe a call option sweep with bearish sentiment. It expires in 73 day(s) on December 15, 2023. Parties traded 1489 contract(s) at a $39.00 strike. This particular call needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $37.2K, with a price of $25.0 per contract. There were 8407 open contracts at this strike prior to today, and today 1489 contract(s) were bought and sold.
• For RCL RCL, we notice a put option sweep that happens to be bullish, expiring in 3 day(s) on October 6, 2023. This event was a transfer of 136 contract(s) at a $89.00 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 $33.3K, with a price of $245.0 per contract. There were 966 open contracts at this strike prior to today, and today 1025 contract(s) were bought and sold.
• Regarding CHWY CHWY, we observe a call option trade with bearish sentiment. It expires in 17 day(s) on October 20, 2023. Parties traded 332 contract(s) at a $18.00 strike. The total cost received by the writing party (or parties) was $28.5K, with a price of $86.0 per contract. There were 1640 open contracts at this strike prior to today, and today 747 contract(s) were bought and sold.
• For SNBR SNBR, we notice a call option sweep that happens to be bullish, expiring in 73 day(s) on December 15, 2023. This event was a transfer of 384 contract(s) at a $20.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $103.7K, with a price of $270.0 per contract. There were 244 open contracts at this strike prior to today, and today 506 contract(s) were bought and sold.
• For GPS GPS, we notice a call option sweep that happens to be bearish, expiring in 17 day(s) on October 20, 2023. This event was a transfer of 438 contract(s) at a $10.00 strike. This particular call needed to be split into 32 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $61.0 per contract. There were 3304 open contracts at this strike prior to today, and today 493 contract(s) were bought and sold.
• Regarding QS QS, we observe a call option sweep with bullish sentiment. It expires in 199 day(s) on April 19, 2024. Parties traded 200 contract(s) at a $6.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $28.2K, with a price of $141.0 per contract. There were 821 open contracts at this strike prior to today, and today 400 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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