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 |
---|---|---|---|---|---|---|---|---|
COIN | CALL | TRADE | BULLISH | 02/02/24 | $134.00 | $1.4 million | 367 | 9.9K |
ABR | PUT | SWEEP | BULLISH | 03/15/24 | $12.00 | $27.6K | 17.5K | 4.6K |
NU | PUT | SWEEP | BEARISH | 01/17/25 | $10.00 | $199.8K | 722 | 2.5K |
AFRM | CALL | SWEEP | BULLISH | 02/09/24 | $43.00 | $35.0K | 169 | 730 |
AXP | CALL | SWEEP | BEARISH | 06/21/24 | $230.00 | $113.9K | 228 | 585 |
SQ | CALL | SWEEP | BEARISH | 02/16/24 | $66.00 | $52.6K | 284 | 540 |
SOFI | PUT | SWEEP | BEARISH | 03/01/24 | $7.00 | $26.5K | 765 | 487 |
C | CALL | SWEEP | BEARISH | 03/15/24 | $52.50 | $34.6K | 33.5K | 368 |
PYPL | CALL | SWEEP | BEARISH | 06/21/24 | $65.00 | $88.8K | 7.2K | 202 |
BAC | CALL | TRADE | BULLISH | 06/20/25 | $28.00 | $36.7K | 5.9K | 50 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding COIN COIN, we observe a call option trade with bullish sentiment. It expires in 7 day(s) on February 2, 2024. Parties traded 9000 contract(s) at a $134.00 strike. The total cost received by the writing party (or parties) was $1.4 million, with a price of $165.0 per contract. There were 367 open contracts at this strike prior to today, and today 9915 contract(s) were bought and sold.
• For ABR ABR, we notice a put option sweep that happens to be bullish, expiring in 49 day(s) on March 15, 2024. This event was a transfer of 395 contract(s) at a $12.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $27.6K, with a price of $70.0 per contract. There were 17510 open contracts at this strike prior to today, and today 4654 contract(s) were bought and sold.
• For NU NU, we notice a put option sweep that happens to be bearish, expiring in 357 day(s) on January 17, 2025. This event was a transfer of 1273 contract(s) at a $10.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $199.8K, with a price of $157.0 per contract. There were 722 open contracts at this strike prior to today, and today 2572 contract(s) were bought and sold.
• For AFRM AFRM, we notice a call option sweep that happens to be bullish, expiring in 14 day(s) on February 9, 2024. This event was a transfer of 100 contract(s) at a $43.00 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 $35.0K, with a price of $350.0 per contract. There were 169 open contracts at this strike prior to today, and today 730 contract(s) were bought and sold.
• Regarding AXP AXP, we observe a call option sweep with bearish sentiment. It expires in 147 day(s) on June 21, 2024. Parties traded 400 contract(s) at a $230.00 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 $113.9K, with a price of $284.0 per contract. There were 228 open contracts at this strike prior to today, and today 585 contract(s) were bought and sold.
• Regarding SQ SQ, we observe a call option sweep with bearish sentiment. It expires in 21 day(s) on February 16, 2024. Parties traded 200 contract(s) at a $66.00 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 $52.6K, with a price of $263.0 per contract. There were 284 open contracts at this strike prior to today, and today 540 contract(s) were bought and sold.
• For SOFI SOFI, we notice a put option sweep that happens to be bearish, expiring in 35 day(s) on March 1, 2024. This event was a transfer of 450 contract(s) at a $7.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $26.5K, with a price of $59.0 per contract. There were 765 open contracts at this strike prior to today, and today 487 contract(s) were bought and sold.
• Regarding C C, we observe a call option sweep with bearish sentiment. It expires in 49 day(s) on March 15, 2024. Parties traded 150 contract(s) at a $52.50 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $34.6K, with a price of $231.0 per contract. There were 33533 open contracts at this strike prior to today, and today 368 contract(s) were bought and sold.
• For PYPL PYPL, we notice a call option sweep that happens to be bearish, expiring in 147 day(s) on June 21, 2024. This event was a transfer of 164 contract(s) at a $65.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $88.8K, with a price of $543.0 per contract. There were 7270 open contracts at this strike prior to today, and today 202 contract(s) were bought and sold.
• Regarding BAC BAC, we observe a call option trade with bullish sentiment. It expires in 511 day(s) on June 20, 2025. Parties traded 49 contract(s) at a $28.00 strike. The total cost received by the writing party (or parties) was $36.7K, with a price of $750.0 per contract. There were 5931 open contracts at this strike prior to today, and today 50 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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