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 | BULLISH | 02/09/24 | $185.00 | $26.5K | 25.1K | 94.6K |
F | PUT | SWEEP | BULLISH | 09/20/24 | $9.00 | $28.1K | 841 | 9.2K |
YUMC | CALL | TRADE | NEUTRAL | 02/16/24 | $40.00 | $95.5K | 1.3K | 2.3K |
GM | PUT | SWEEP | BULLISH | 03/15/24 | $37.00 | $67.2K | 11.1K | 1.0K |
CVNA | PUT | SWEEP | BEARISH | 02/16/24 | $43.00 | $116.5K | 131 | 1.0K |
EBAY | CALL | SWEEP | BULLISH | 06/21/24 | $40.00 | $58.4K | 2.5K | 1.0K |
JD | CALL | SWEEP | BULLISH | 03/15/24 | $25.00 | $26.7K | 18.6K | 1.0K |
NKE | PUT | TRADE | BEARISH | 06/21/24 | $105.00 | $61.6K | 4.2K | 656 |
AMZN | PUT | SWEEP | BULLISH | 07/19/24 | $170.00 | $25.5K | 856 | 560 |
LVS | CALL | SWEEP | BULLISH | 04/19/24 | $57.50 | $46.3K | 462 | 434 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on February 9, 2024. This event was a transfer of 99 contract(s) at a $185.00 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 $26.5K, with a price of $268.0 per contract. There were 25160 open contracts at this strike prior to today, and today 94691 contract(s) were bought and sold.
• Regarding F F, we observe a put option sweep with bullish sentiment. It expires in 227 day(s) on September 20, 2024. Parties traded 1000 contract(s) at a $9.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $28.1K, with a price of $28.0 per contract. There were 841 open contracts at this strike prior to today, and today 9245 contract(s) were bought and sold.
• Regarding YUMC YUMC, we observe a call option trade with neutral sentiment. It expires in 10 day(s) on February 16, 2024. Parties traded 1470 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $95.5K, with a price of $65.0 per contract. There were 1358 open contracts at this strike prior to today, and today 2341 contract(s) were bought and sold.
• For GM GM, we notice a put option sweep that happens to be bullish, expiring in 38 day(s) on March 15, 2024. This event was a transfer of 989 contract(s) at a $37.00 strike. This particular put needed to be split into 45 different trades to become filled. The total cost received by the writing party (or parties) was $67.2K, with a price of $68.0 per contract. There were 11127 open contracts at this strike prior to today, and today 1077 contract(s) were bought and sold.
• For CVNA CVNA, we notice a put option sweep that happens to be bearish, expiring in 10 day(s) on February 16, 2024. This event was a transfer of 924 contract(s) at a $43.00 strike. This particular put needed to be split into 59 different trades to become filled. The total cost received by the writing party (or parties) was $116.5K, with a price of $126.0 per contract. There were 131 open contracts at this strike prior to today, and today 1053 contract(s) were bought and sold.
• For EBAY EBAY, we notice a call option sweep that happens to be bullish, expiring in 136 day(s) on June 21, 2024. This event was a transfer of 127 contract(s) at a $40.00 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 $58.4K, with a price of $460.0 per contract. There were 2517 open contracts at this strike prior to today, and today 1036 contract(s) were bought and sold.
• Regarding JD JD, we observe a call option sweep with bullish sentiment. It expires in 38 day(s) on March 15, 2024. Parties traded 186 contract(s) at a $25.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $143.0 per contract. There were 18670 open contracts at this strike prior to today, and today 1030 contract(s) were bought and sold.
• For NKE NKE, we notice a put option trade that happens to be bearish, expiring in 136 day(s) on June 21, 2024. This event was a transfer of 85 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $61.6K, with a price of $725.0 per contract. There were 4223 open contracts at this strike prior to today, and today 656 contract(s) were bought and sold.
• For AMZN AMZN, we notice a put option sweep that happens to be bullish, expiring in 164 day(s) on July 19, 2024. This event was a transfer of 22 contract(s) at a $170.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $25.5K, with a price of $1161.0 per contract. There were 856 open contracts at this strike prior to today, and today 560 contract(s) were bought and sold.
• For LVS LVS, we notice a call option sweep that happens to be bullish, expiring in 73 day(s) on April 19, 2024. This event was a transfer of 425 contract(s) at a $57.50 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $46.3K, with a price of $109.0 per contract. There were 462 open contracts at this strike prior to today, and today 434 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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