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 |
---|---|---|---|---|---|---|---|---|
HA | PUT | SWEEP | NEUTRAL | 01/17/25 | $3.00 | $25.0K | 170 | 14.4K |
NVT | CALL | TRADE | BULLISH | 11/17/23 | $50.00 | $200.0K | 568 | 2.3K |
PLUG | CALL | SWEEP | BEARISH | 01/17/25 | $10.00 | $33.1K | 27.8K | 872 |
BA | PUT | SWEEP | BULLISH | 12/15/23 | $165.00 | $26.9K | 2.7K | 345 |
GE | PUT | SWEEP | BULLISH | 01/19/24 | $115.00 | $61.2K | 1.2K | 224 |
PAYC | CALL | TRADE | NEUTRAL | 11/17/23 | $135.00 | $32.7K | 23 | 26 |
NSC | CALL | TRADE | BEARISH | 06/21/24 | $200.00 | $25.4K | 53 | 22 |
GNRC | PUT | TRADE | BEARISH | 01/19/24 | $110.00 | $28.1K | 1.1K | 12 |
NOC | CALL | TRADE | BEARISH | 01/16/26 | $320.00 | $98.3K | 5 | 5 |
SAVE | CALL | TRADE | BULLISH | 01/17/25 | $7.50 | $46.2K | 1.8K | 0 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For HA HA, we notice a put option sweep that happens to be neutral, expiring in 449 day(s) on January 17, 2025. This event was a transfer of 357 contract(s) at a $3.00 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 $25.0K, with a price of $70.0 per contract. There were 170 open contracts at this strike prior to today, and today 14433 contract(s) were bought and sold.
• For NVT NVT, we notice a call option trade that happens to be bullish, expiring in 22 day(s) on November 17, 2023. This event was a transfer of 2000 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $200.0K, with a price of $100.0 per contract. There were 568 open contracts at this strike prior to today, and today 2301 contract(s) were bought and sold.
• Regarding PLUG PLUG, we observe a call option sweep with bearish sentiment. It expires in 449 day(s) on January 17, 2025. Parties traded 291 contract(s) at a $10.00 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 $33.1K, with a price of $114.0 per contract. There were 27885 open contracts at this strike prior to today, and today 872 contract(s) were bought and sold.
• For BA BA, we notice a put option sweep that happens to be bullish, expiring in 50 day(s) on December 15, 2023. This event was a transfer of 91 contract(s) at a $165.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $26.9K, with a price of $296.0 per contract. There were 2788 open contracts at this strike prior to today, and today 345 contract(s) were bought and sold.
• For GE GE, we notice a put option sweep that happens to be bullish, expiring in 85 day(s) on January 19, 2024. This event was a transfer of 68 contract(s) at a $115.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $61.2K, with a price of $900.0 per contract. There were 1284 open contracts at this strike prior to today, and today 224 contract(s) were bought and sold.
• For PAYC PAYC, we notice a call option trade that happens to be neutral, expiring in 22 day(s) on November 17, 2023. This event was a transfer of 3 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $32.7K, with a price of $10924.0 per contract. There were 23 open contracts at this strike prior to today, and today 26 contract(s) were bought and sold.
• For NSC NSC, we notice a call option trade that happens to be bearish, expiring in 239 day(s) on June 21, 2024. This event was a transfer of 21 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $25.4K, with a price of $1210.0 per contract. There were 53 open contracts at this strike prior to today, and today 22 contract(s) were bought and sold.
• Regarding GNRC GNRC, we observe a put option trade with bearish sentiment. It expires in 85 day(s) on January 19, 2024. Parties traded 10 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $28.1K, with a price of $2810.0 per contract. There were 1130 open contracts at this strike prior to today, and today 12 contract(s) were bought and sold.
• For NOC NOC, we notice a call option trade that happens to be bearish, expiring in 813 day(s) on January 16, 2026. This event was a transfer of 5 contract(s) at a $320.00 strike. The total cost received by the writing party (or parties) was $98.3K, with a price of $19670.0 per contract. There were 5 open contracts at this strike prior to today, and today 5 contract(s) were bought and sold.
• For SAVE SAVE, we notice a call option trade that happens to be bullish, expiring in 449 day(s) on January 17, 2025. This event was a transfer of 50 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $46.2K, with a price of $925.0 per contract. There were 1849 open contracts at this strike prior to today, and today 0 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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