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 | CALL | SWEEP | BEARISH | 01/05/24 | $250.00 | $159.9K | 11.4K | 67.6K |
AMZN | PUT | TRADE | BULLISH | 01/05/24 | $150.00 | $108.7K | 5.1K | 15.5K |
BABA | CALL | SWEEP | BEARISH | 01/19/24 | $85.00 | $40.8K | 48.0K | 4.9K |
NIO | CALL | TRADE | BEARISH | 05/17/24 | $8.00 | $35.4K | 10.3K | 1.8K |
VFC | PUT | SWEEP | BULLISH | 02/16/24 | $17.50 | $31.8K | 10.4K | 1.5K |
CZR | CALL | SWEEP | BULLISH | 03/15/24 | $55.00 | $62.7K | 1.8K | 1.4K |
CVNA | PUT | SWEEP | BEARISH | 02/16/24 | $45.00 | $41.0K | 11.1K | 1.4K |
SIG | PUT | TRADE | NEUTRAL | 02/16/24 | $100.00 | $162.0K | 115 | 494 |
NKE | CALL | TRADE | NEUTRAL | 02/16/24 | $105.00 | $91.0K | 394 | 489 |
JD | CALL | SWEEP | BEARISH | 01/05/24 | $25.00 | $53.7K | 184 | 485 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA TSLA, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on January 5, 2024. Parties traded 410 contract(s) at a $250.00 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 $159.9K, with a price of $390.0 per contract. There were 11469 open contracts at this strike prior to today, and today 67654 contract(s) were bought and sold.
• For AMZN AMZN, we notice a put option trade that happens to be bullish, expiring in 3 day(s) on January 5, 2024. This event was a transfer of 750 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $108.7K, with a price of $145.0 per contract. There were 5126 open contracts at this strike prior to today, and today 15532 contract(s) were bought and sold.
• For BABA BABA, we notice a call option sweep that happens to be bearish, expiring in 17 day(s) on January 19, 2024. This event was a transfer of 1336 contract(s) at a $85.00 strike. This particular call needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $40.8K, with a price of $30.0 per contract. There were 48048 open contracts at this strike prior to today, and today 4971 contract(s) were bought and sold.
• For NIO NIO, we notice a call option trade that happens to be bearish, expiring in 136 day(s) on May 17, 2024. This event was a transfer of 200 contract(s) at a $8.00 strike. The total cost received by the writing party (or parties) was $35.4K, with a price of $177.0 per contract. There were 10329 open contracts at this strike prior to today, and today 1835 contract(s) were bought and sold.
• For VFC VFC, we notice a put option sweep that happens to be bullish, expiring in 45 day(s) on February 16, 2024. This event was a transfer of 358 contract(s) at a $17.50 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 $31.8K, with a price of $89.0 per contract. There were 10448 open contracts at this strike prior to today, and today 1574 contract(s) were bought and sold.
• Regarding CZR CZR, we observe a call option sweep with bullish sentiment. It expires in 73 day(s) on March 15, 2024. Parties traded 322 contract(s) at a $55.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $62.7K, with a price of $195.0 per contract. There were 1889 open contracts at this strike prior to today, and today 1421 contract(s) were bought and sold.
• Regarding CVNA CVNA, we observe a put option sweep with bearish sentiment. It expires in 45 day(s) on February 16, 2024. Parties traded 100 contract(s) at a $45.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $41.0K, with a price of $410.0 per contract. There were 11147 open contracts at this strike prior to today, and today 1400 contract(s) were bought and sold.
• Regarding SIG SIG, we observe a put option trade with neutral sentiment. It expires in 45 day(s) on February 16, 2024. Parties traded 450 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $162.0K, with a price of $360.0 per contract. There were 115 open contracts at this strike prior to today, and today 494 contract(s) were bought and sold.
• Regarding NKE NKE, we observe a call option trade with neutral sentiment. It expires in 45 day(s) on February 16, 2024. Parties traded 175 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $91.0K, with a price of $520.0 per contract. There were 394 open contracts at this strike prior to today, and today 489 contract(s) were bought and sold.
• For JD JD, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on January 5, 2024. This event was a transfer of 217 contract(s) at a $25.00 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 $53.7K, with a price of $248.0 per contract. There were 184 open contracts at this strike prior to today, and today 485 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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