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 | 11/17/23 | $245.00 | $89.1K | 21.1K | 136.7K |
EXPE | CALL | TRADE | BULLISH | 11/17/23 | $120.00 | $81.0K | 16.7K | 1.8K |
ABNB | CALL | SWEEP | BULLISH | 12/15/23 | $130.00 | $30.7K | 2.7K | 1.2K |
RIVN | PUT | TRADE | BULLISH | 12/15/23 | $20.00 | $264.9K | 11.3K | 346 |
DKS | CALL | SWEEP | BULLISH | 01/17/25 | $165.00 | $45.9K | 469 | 314 |
WYNN | CALL | TRADE | BULLISH | 12/15/23 | $90.00 | $168.0K | 1.2K | 292 |
TM | CALL | SWEEP | BEARISH | 01/19/24 | $200.00 | $82.3K | 1.1K | 246 |
ORLY | PUT | SWEEP | BULLISH | 11/17/23 | $990.00 | $43.3K | 480 | 211 |
CROX | CALL | SWEEP | BULLISH | 03/15/24 | $90.00 | $183.0K | 173 | 209 |
HD | CALL | TRADE | BEARISH | 03/15/24 | $310.00 | $26.0K | 2.5K | 192 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA TSLA, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on November 17, 2023. Parties traded 241 contract(s) at a $245.00 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 $89.1K, with a price of $370.0 per contract. There were 21128 open contracts at this strike prior to today, and today 136717 contract(s) were bought and sold.
• For EXPE EXPE, we notice a call option trade that happens to be bullish, expiring in 2 day(s) on November 17, 2023. This event was a transfer of 73 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $81.0K, with a price of $1110.0 per contract. There were 16723 open contracts at this strike prior to today, and today 1833 contract(s) were bought and sold.
• Regarding ABNB ABNB, we observe a call option sweep with bullish sentiment. It expires in 30 day(s) on December 15, 2023. Parties traded 57 contract(s) at a $130.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $30.7K, with a price of $540.0 per contract. There were 2704 open contracts at this strike prior to today, and today 1206 contract(s) were bought and sold.
• Regarding RIVN RIVN, we observe a put option trade with bullish sentiment. It expires in 30 day(s) on December 15, 2023. Parties traded 895 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $264.9K, with a price of $296.0 per contract. There were 11354 open contracts at this strike prior to today, and today 346 contract(s) were bought and sold.
• For DKS DKS, we notice a call option sweep that happens to be bullish, expiring in 429 day(s) on January 17, 2025. This event was a transfer of 73 contract(s) at a $165.00 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 $45.9K, with a price of $630.0 per contract. There were 469 open contracts at this strike prior to today, and today 314 contract(s) were bought and sold.
• For WYNN WYNN, we notice a call option trade that happens to be bullish, expiring in 30 day(s) on December 15, 2023. This event was a transfer of 750 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $168.0K, with a price of $224.0 per contract. There were 1271 open contracts at this strike prior to today, and today 292 contract(s) were bought and sold.
• Regarding TM TM, we observe a call option sweep with bearish sentiment. It expires in 65 day(s) on January 19, 2024. Parties traded 196 contract(s) at a $200.00 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 $82.3K, with a price of $420.0 per contract. There were 1109 open contracts at this strike prior to today, and today 246 contract(s) were bought and sold.
• Regarding ORLY ORLY, we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on November 17, 2023. Parties traded 40 contract(s) at a $990.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $43.3K, with a price of $1099.0 per contract. There were 480 open contracts at this strike prior to today, and today 211 contract(s) were bought and sold.
• For CROX CROX, we notice a call option sweep that happens to be bullish, expiring in 121 day(s) on March 15, 2024. This event was a transfer of 183 contract(s) at a $90.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $183.0K, with a price of $1000.0 per contract. There were 173 open contracts at this strike prior to today, and today 209 contract(s) were bought and sold.
• For HD HD, we notice a call option trade that happens to be bearish, expiring in 121 day(s) on March 15, 2024. This event was a transfer of 19 contract(s) at a $310.00 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $1370.0 per contract. There were 2550 open contracts at this strike prior to today, and today 192 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.
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