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 | TRADE | BEARISH | 02/23/24 | $195.00 | $27.5K | 18.2K | 73.1K |
NKE | CALL | SWEEP | BEARISH | 02/23/24 | $108.00 | $26.4K | 1.1K | 6.9K |
AMZN | CALL | SWEEP | BULLISH | 04/19/24 | $175.00 | $47.0K | 23.1K | 2.7K |
CHWY | PUT | SWEEP | BULLISH | 09/20/24 | $10.00 | $41.1K | 256 | 2.3K |
DASH | PUT | SWEEP | BULLISH | 05/17/24 | $100.00 | $26.3K | 280 | 2.1K |
BABA | CALL | TRADE | BULLISH | 04/19/24 | $85.00 | $30.9K | 11.8K | 1.0K |
ABNB | CALL | SWEEP | NEUTRAL | 06/21/24 | $150.00 | $29.0K | 3.3K | 837 |
TCOM | CALL | TRADE | BEARISH | 03/15/24 | $45.00 | $37.5K | 2.2K | 806 |
WING | PUT | SWEEP | BEARISH | 03/15/24 | $250.00 | $30.0K | 1.4K | 732 |
CZR | CALL | TRADE | NEUTRAL | 01/17/25 | $45.00 | $38.6K | 1.4K | 511 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For TSLA TSLA, we notice a call option trade that happens to be bearish, expiring in 2 day(s) on February 23, 2024. This event was a transfer of 100 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $27.5K, with a price of $275.0 per contract. There were 18257 open contracts at this strike prior to today, and today 73177 contract(s) were bought and sold.
• For NKE NKE, we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on February 23, 2024. This event was a transfer of 1509 contract(s) at a $108.00 strike. This particular call needed to be split into 48 different trades to become filled. The total cost received by the writing party (or parties) was $26.4K, with a price of $17.0 per contract. There were 1190 open contracts at this strike prior to today, and today 6982 contract(s) were bought and sold.
• For AMZN AMZN, we notice a call option sweep that happens to be bullish, expiring in 58 day(s) on April 19, 2024. This event was a transfer of 100 contract(s) at a $175.00 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 $47.0K, with a price of $470.0 per contract. There were 23122 open contracts at this strike prior to today, and today 2735 contract(s) were bought and sold.
• For CHWY CHWY, we notice a put option sweep that happens to be bullish, expiring in 212 day(s) on September 20, 2024. This event was a transfer of 579 contract(s) at a $10.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $41.1K, with a price of $71.0 per contract. There were 256 open contracts at this strike prior to today, and today 2303 contract(s) were bought and sold.
• For DASH DASH, we notice a put option sweep that happens to be bullish, expiring in 86 day(s) on May 17, 2024. This event was a transfer of 83 contract(s) at a $100.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $26.3K, with a price of $317.0 per contract. There were 280 open contracts at this strike prior to today, and today 2104 contract(s) were bought and sold.
• Regarding BABA BABA, we observe a call option trade with bullish sentiment. It expires in 58 day(s) on April 19, 2024. Parties traded 179 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $30.9K, with a price of $173.0 per contract. There were 11816 open contracts at this strike prior to today, and today 1095 contract(s) were bought and sold.
• Regarding ABNB ABNB, we observe a call option sweep with neutral sentiment. It expires in 121 day(s) on June 21, 2024. Parties traded 24 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 $29.0K, with a price of $1210.0 per contract. There were 3329 open contracts at this strike prior to today, and today 837 contract(s) were bought and sold.
• For TCOM TCOM, we notice a call option trade that happens to be bearish, expiring in 23 day(s) on March 15, 2024. This event was a transfer of 500 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $37.5K, with a price of $75.0 per contract. There were 2238 open contracts at this strike prior to today, and today 806 contract(s) were bought and sold.
• Regarding WING WING, we observe a put option sweep with bearish sentiment. It expires in 23 day(s) on March 15, 2024. Parties traded 501 contract(s) at a $250.00 strike. This particular put needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $30.0K, with a price of $60.0 per contract. There were 1405 open contracts at this strike prior to today, and today 732 contract(s) were bought and sold.
• Regarding CZR CZR, we observe a call option trade with neutral sentiment. It expires in 331 day(s) on January 17, 2025. Parties traded 53 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $38.6K, with a price of $730.0 per contract. There were 1424 open contracts at this strike prior to today, and today 511 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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