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 | 10/13/23 | $255.00 | $39.0K | 8.2K | 58.0K |
VFS | PUT | SWEEP | BEARISH | 10/13/23 | $7.00 | $39.2K | 5.5K | 4.3K |
F | CALL | TRADE | BULLISH | 01/17/25 | $12.35 | $346.0K | 15.1K | 2.2K |
RIVN | CALL | SWEEP | BULLISH | 11/17/23 | $20.00 | $27.9K | 6.9K | 2.1K |
PENN | CALL | SWEEP | BULLISH | 11/17/23 | $25.00 | $27.5K | 3.3K | 938 |
LULU | CALL | SWEEP | BULLISH | 10/20/23 | $362.50 | $25.7K | 505 | 396 |
RGR | CALL | SWEEP | BULLISH | 11/17/23 | $55.00 | $34.7K | 296 | 320 |
CROX | CALL | TRADE | BEARISH | 10/20/23 | $85.00 | $26.5K | 387 | 176 |
ANF | CALL | SWEEP | BULLISH | 10/20/23 | $49.00 | $26.1K | 124 | 107 |
HD | CALL | SWEEP | NEUTRAL | 11/17/23 | $305.00 | $25.8K | 441 | 103 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on October 13, 2023. This event was a transfer of 64 contract(s) at a $255.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $39.0K, with a price of $610.0 per contract. There were 8202 open contracts at this strike prior to today, and today 58031 contract(s) were bought and sold.
• Regarding VFS VFS, we observe a put option sweep with bearish sentiment. It expires in 4 day(s) on October 13, 2023. Parties traded 800 contract(s) at a $7.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $39.2K, with a price of $49.0 per contract. There were 5518 open contracts at this strike prior to today, and today 4383 contract(s) were bought and sold.
• Regarding F F, we observe a call option trade with bullish sentiment. It expires in 466 day(s) on January 17, 2025. Parties traded 2000 contract(s) at a $12.35 strike. The total cost received by the writing party (or parties) was $346.0K, with a price of $173.0 per contract. There were 15116 open contracts at this strike prior to today, and today 2213 contract(s) were bought and sold.
• Regarding RIVN RIVN, we observe a call option sweep with bullish sentiment. It expires in 39 day(s) on November 17, 2023. Parties traded 220 contract(s) at a $20.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $27.9K, with a price of $127.0 per contract. There were 6930 open contracts at this strike prior to today, and today 2145 contract(s) were bought and sold.
• Regarding PENN PENN, we observe a call option sweep with bullish sentiment. It expires in 39 day(s) on November 17, 2023. Parties traded 483 contract(s) at a $25.00 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 $27.5K, with a price of $57.0 per contract. There were 3387 open contracts at this strike prior to today, and today 938 contract(s) were bought and sold.
• Regarding LULU LULU, we observe a call option sweep with bullish sentiment. It expires in 11 day(s) on October 20, 2023. Parties traded 20 contract(s) at a $362.50 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $25.7K, with a price of $1285.0 per contract. There were 505 open contracts at this strike prior to today, and today 396 contract(s) were bought and sold.
• Regarding RGR RGR, we observe a call option sweep with bullish sentiment. It expires in 39 day(s) on November 17, 2023. Parties traded 316 contract(s) at a $55.00 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 $34.7K, with a price of $110.0 per contract. There were 296 open contracts at this strike prior to today, and today 320 contract(s) were bought and sold.
• For CROX CROX, we notice a call option trade that happens to be bearish, expiring in 11 day(s) on October 20, 2023. This event was a transfer of 100 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $26.5K, with a price of $265.0 per contract. There were 387 open contracts at this strike prior to today, and today 176 contract(s) were bought and sold.
• Regarding ANF ANF, we observe a call option sweep with bullish sentiment. It expires in 11 day(s) on October 20, 2023. Parties traded 32 contract(s) at a $49.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $820.0 per contract. There were 124 open contracts at this strike prior to today, and today 107 contract(s) were bought and sold.
• Regarding HD HD, we observe a call option sweep with neutral sentiment. It expires in 39 day(s) on November 17, 2023. Parties traded 51 contract(s) at a $305.00 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 $25.8K, with a price of $507.0 per contract. There were 441 open contracts at this strike prior to today, and today 103 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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