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 | PUT | SWEEP | BULLISH | 01/26/24 | $180.00 | $35.6K | 30.4K | 123.8K |
PLBY | CALL | SWEEP | BEARISH | 01/17/25 | $2.50 | $50.2K | 7.9K | 2.7K |
CZR | CALL | SWEEP | BULLISH | 02/16/24 | $48.00 | $37.5K | 2.9K | 1.7K |
LEN | CALL | SWEEP | BULLISH | 01/26/24 | $150.00 | $34.1K | 258 | 978 |
ABNB | PUT | TRADE | BEARISH | 03/15/24 | $145.00 | $883.5K | 1.0K | 975 |
JD | CALL | SWEEP | NEUTRAL | 01/17/25 | $35.00 | $49.9K | 5.7K | 858 |
TOL | CALL | SWEEP | BULLISH | 02/16/24 | $101.00 | $83.4K | 3 | 556 |
PDD | CALL | SWEEP | BEARISH | 03/15/24 | $150.00 | $170.6K | 2.5K | 292 |
TJX | CALL | SWEEP | BULLISH | 04/19/24 | $100.00 | $38.1K | 3.7K | 250 |
AMZN | CALL | SWEEP | BULLISH | 01/17/25 | $150.00 | $32.4K | 21.9K | 193 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on January 26, 2024. This event was a transfer of 120 contract(s) at a $180.00 strike. This particular put needed to be split into 41 different trades to become filled. The total cost received by the writing party (or parties) was $35.6K, with a price of $295.0 per contract. There were 30409 open contracts at this strike prior to today, and today 123861 contract(s) were bought and sold.
• For PLBY PLBY, we notice a call option sweep that happens to be bearish, expiring in 358 day(s) on January 17, 2025. This event was a transfer of 2393 contract(s) at a $2.50 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 $50.2K, with a price of $21.0 per contract. There were 7967 open contracts at this strike prior to today, and today 2784 contract(s) were bought and sold.
• Regarding CZR CZR, we observe a call option sweep with bullish sentiment. It expires in 22 day(s) on February 16, 2024. Parties traded 500 contract(s) at a $48.00 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 $37.5K, with a price of $75.0 per contract. There were 2920 open contracts at this strike prior to today, and today 1713 contract(s) were bought and sold.
• For LEN LEN, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on January 26, 2024. This event was a transfer of 976 contract(s) at a $150.00 strike. This particular call needed to be split into 40 different trades to become filled. The total cost received by the writing party (or parties) was $34.1K, with a price of $35.0 per contract. There were 258 open contracts at this strike prior to today, and today 978 contract(s) were bought and sold.
• Regarding ABNB ABNB, we observe a put option trade with bearish sentiment. It expires in 50 day(s) on March 15, 2024. Parties traded 950 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $883.5K, with a price of $930.0 per contract. There were 1094 open contracts at this strike prior to today, and today 975 contract(s) were bought and sold.
• Regarding JD JD, we observe a call option sweep with neutral sentiment. It expires in 358 day(s) on January 17, 2025. Parties traded 282 contract(s) at a $35.00 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 $49.9K, with a price of $177.0 per contract. There were 5781 open contracts at this strike prior to today, and today 858 contract(s) were bought and sold.
• Regarding TOL TOL, we observe a call option sweep with bullish sentiment. It expires in 22 day(s) on February 16, 2024. Parties traded 556 contract(s) at a $101.00 strike. This particular call needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $83.4K, with a price of $150.0 per contract. There were 3 open contracts at this strike prior to today, and today 556 contract(s) were bought and sold.
• Regarding PDD PDD, we observe a call option sweep with bearish sentiment. It expires in 50 day(s) on March 15, 2024. Parties traded 251 contract(s) at a $150.00 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 $170.6K, with a price of $680.0 per contract. There were 2599 open contracts at this strike prior to today, and today 292 contract(s) were bought and sold.
• Regarding TJX TJX, we observe a call option sweep with bullish sentiment. It expires in 85 day(s) on April 19, 2024. Parties traded 222 contract(s) at a $100.00 strike. This particular call needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $38.1K, with a price of $172.0 per contract. There were 3780 open contracts at this strike prior to today, and today 250 contract(s) were bought and sold.
• For AMZN AMZN, we notice a call option sweep that happens to be bullish, expiring in 358 day(s) on January 17, 2025. This event was a transfer of 12 contract(s) at a $150.00 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 $32.4K, with a price of $2705.0 per contract. There were 21979 open contracts at this strike prior to today, and today 193 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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