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.
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 | CALL | SWEEP | BULLISH | 12/22/23 | $260.00 | $25.1K | 29.1K | 103.6K |
AMZN | CALL | SWEEP | BULLISH | 12/22/23 | $155.00 | $35.8K | 16.0K | 51.1K |
JD | CALL | SWEEP | BEARISH | 03/15/24 | $27.50 | $51.0K | 8.2K | 1.5K |
NIO | CALL | SWEEP | BULLISH | 06/21/24 | $7.50 | $65.9K | 24.7K | 932 |
NKE | CALL | SWEEP | BEARISH | 01/19/24 | $125.00 | $26.4K | 12.5K | 623 |
BYD | PUT | TRADE | BULLISH | 01/19/24 | $60.00 | $47.5K | 1.5K | 528 |
KSS | CALL | TRADE | BULLISH | 12/22/23 | $22.00 | $33.0K | 588 | 160 |
PDD | PUT | SWEEP | BEARISH | 03/15/24 | $125.00 | $27.0K | 5.1K | 102 |
LULU | PUT | TRADE | NEUTRAL | 01/05/24 | $500.00 | $78.4K | 61 | 79 |
ULTA | CALL | TRADE | BEARISH | 01/19/24 | $500.00 | $66.7K | 848 | 63 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding TSLA TSLA, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on December 22, 2023. Parties traded 84 contract(s) at a $260.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $25.1K, with a price of $299.0 per contract. There were 29150 open contracts at this strike prior to today, and today 103615 contract(s) were bought and sold.
• For AMZN AMZN, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on December 22, 2023. This event was a transfer of 301 contract(s) at a $155.00 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 $35.8K, with a price of $119.0 per contract. There were 16053 open contracts at this strike prior to today, and today 51106 contract(s) were bought and sold.
• Regarding JD JD, we observe a call option sweep with bearish sentiment. It expires in 88 day(s) on March 15, 2024. Parties traded 250 contract(s) at a $27.50 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 $51.0K, with a price of $204.0 per contract. There were 8229 open contracts at this strike prior to today, and today 1585 contract(s) were bought and sold.
• For NIO NIO, we notice a call option sweep that happens to be bullish, expiring in 186 day(s) on June 21, 2024. This event was a transfer of 301 contract(s) at a $7.50 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 $65.9K, with a price of $219.0 per contract. There were 24753 open contracts at this strike prior to today, and today 932 contract(s) were bought and sold.
• For NKE NKE, we notice a call option sweep that happens to be bearish, expiring in 32 day(s) on January 19, 2024. This event was a transfer of 88 contract(s) at a $125.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $26.4K, with a price of $300.0 per contract. There were 12528 open contracts at this strike prior to today, and today 623 contract(s) were bought and sold.
• Regarding BYD BYD, we observe a put option trade with bullish sentiment. It expires in 32 day(s) on January 19, 2024. Parties traded 528 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $47.5K, with a price of $90.0 per contract. There were 1541 open contracts at this strike prior to today, and today 528 contract(s) were bought and sold.
• For KSS KSS, we notice a call option trade that happens to be bullish, expiring in 4 day(s) on December 22, 2023. This event was a transfer of 50 contract(s) at a $22.00 strike. The total cost received by the writing party (or parties) was $33.0K, with a price of $660.0 per contract. There were 588 open contracts at this strike prior to today, and today 160 contract(s) were bought and sold.
• Regarding PDD PDD, we observe a put option sweep with bearish sentiment. It expires in 88 day(s) on March 15, 2024. Parties traded 91 contract(s) at a $125.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $27.0K, with a price of $296.0 per contract. There were 5112 open contracts at this strike prior to today, and today 102 contract(s) were bought and sold.
• Regarding LULU LULU, we observe a put option trade with neutral sentiment. It expires in 18 day(s) on January 5, 2024. Parties traded 70 contract(s) at a $500.00 strike. The total cost received by the writing party (or parties) was $78.4K, with a price of $1120.0 per contract. There were 61 open contracts at this strike prior to today, and today 79 contract(s) were bought and sold.
• For ULTA ULTA, we notice a call option trade that happens to be bearish, expiring in 32 day(s) on January 19, 2024. This event was a transfer of 75 contract(s) at a $500.00 strike. The total cost received by the writing party (or parties) was $66.7K, with a price of $890.0 per contract. There were 848 open contracts at this strike prior to today, and today 63 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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.