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 | PUT | SWEEP | BEARISH | 03/15/24 | $180.00 | $63.9K | 53.4K | 22.2K |
EXPE | CALL | SWEEP | NEUTRAL | 03/15/24 | $136.00 | $45.4K | 352 | 1.6K |
ATMU | PUT | TRADE | BULLISH | 03/15/24 | $30.00 | $676.7K | 36.2K | 1.0K |
WYNN | PUT | TRADE | BEARISH | 06/20/25 | $80.00 | $590.0K | 204 | 1.0K |
BURL | PUT | TRADE | BULLISH | 03/15/24 | $205.00 | $29.2K | 57 | 1.0K |
PDD | PUT | SWEEP | BULLISH | 06/21/24 | $75.00 | $28.5K | 11.7K | 728 |
AMZN | CALL | SWEEP | BULLISH | 01/17/25 | $150.00 | $28.5K | 20.8K | 525 |
GM | CALL | SWEEP | BULLISH | 08/16/24 | $40.00 | $167.8K | 2.4K | 520 |
PRKS | CALL | SWEEP | BEARISH | 04/19/24 | $50.00 | $61.1K | 243 | 501 |
BABA | PUT | TRADE | BULLISH | 06/21/24 | $70.00 | $90.8K | 16.6K | 304 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding TSLA TSLA, we observe a put option sweep with bearish sentiment. It expires in 7 day(s) on March 15, 2024. Parties traded 94 contract(s) at a $180.00 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 $63.9K, with a price of $680.0 per contract. There were 53400 open contracts at this strike prior to today, and today 22292 contract(s) were bought and sold.
• For EXPE EXPE, we notice a call option sweep that happens to be neutral, expiring in 7 day(s) on March 15, 2024. This event was a transfer of 238 contract(s) at a $136.00 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 $45.4K, with a price of $191.0 per contract. There were 352 open contracts at this strike prior to today, and today 1630 contract(s) were bought and sold.
• For ATMU ATMU, we notice a put option trade that happens to be bullish, expiring in 7 day(s) on March 15, 2024. This event was a transfer of 1010 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $676.7K, with a price of $670.0 per contract. There were 36249 open contracts at this strike prior to today, and today 1010 contract(s) were bought and sold.
• For WYNN WYNN, we notice a put option trade that happens to be bearish, expiring in 469 day(s) on June 20, 2025. This event was a transfer of 1000 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $590.0K, with a price of $590.0 per contract. There were 204 open contracts at this strike prior to today, and today 1009 contract(s) were bought and sold.
• Regarding BURL BURL, we observe a put option trade with bullish sentiment. It expires in 7 day(s) on March 15, 2024. Parties traded 365 contract(s) at a $205.00 strike. The total cost received by the writing party (or parties) was $29.2K, with a price of $80.0 per contract. There were 57 open contracts at this strike prior to today, and today 1004 contract(s) were bought and sold.
• For PDD PDD, we notice a put option sweep that happens to be bullish, expiring in 105 day(s) on June 21, 2024. This event was a transfer of 114 contract(s) at a $75.00 strike. This particular put needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $28.5K, with a price of $250.0 per contract. There were 11761 open contracts at this strike prior to today, and today 728 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a call option sweep with bullish sentiment. It expires in 315 day(s) on January 17, 2025. Parties traded 7 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 $28.5K, with a price of $4085.0 per contract. There were 20889 open contracts at this strike prior to today, and today 525 contract(s) were bought and sold.
• For GM GM, we notice a call option sweep that happens to be bullish, expiring in 161 day(s) on August 16, 2024. This event was a transfer of 501 contract(s) at a $40.00 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 $167.8K, with a price of $335.0 per contract. There were 2497 open contracts at this strike prior to today, and today 520 contract(s) were bought and sold.
• For PRKS PRKS, we notice a call option sweep that happens to be bearish, expiring in 42 day(s) on April 19, 2024. This event was a transfer of 139 contract(s) at a $50.00 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 $61.1K, with a price of $440.0 per contract. There were 243 open contracts at this strike prior to today, and today 501 contract(s) were bought and sold.
• For BABA BABA, we notice a put option trade that happens to be bullish, expiring in 105 day(s) on June 21, 2024. This event was a transfer of 230 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $90.8K, with a price of $395.0 per contract. There were 16624 open contracts at this strike prior to today, and today 304 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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