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 |
---|---|---|---|---|---|---|---|---|
TSLA | CALL | SWEEP | BULLISH | 03/28/24 | $180.00 | $39.2K | 39.2K | 182.8K |
CVNA | PUT | SWEEP | BEARISH | 03/28/24 | $90.00 | $58.6K | 5.3K | 5.3K |
NIO | CALL | TRADE | BEARISH | 09/20/24 | $8.00 | $140.0K | 5.0K | 5.0K |
AMZN | CALL | SWEEP | BULLISH | 04/19/24 | $185.00 | $64.7K | 42.6K | 3.0K |
BABA | CALL | SWEEP | BULLISH | 04/05/24 | $70.00 | $40.9K | 667 | 820 |
BBY | CALL | SWEEP | BEARISH | 05/17/24 | $82.50 | $26.2K | 338 | 626 |
PDD | PUT | SWEEP | BULLISH | 01/17/25 | $95.00 | $26.8K | 2.6K | 345 |
NCLH | CALL | TRADE | BEARISH | 05/17/24 | $17.50 | $44.0K | 14.8K | 268 |
W | CALL | SWEEP | BULLISH | 01/17/25 | $130.00 | $46.2K | 2.3K | 246 |
OLLI | CALL | SWEEP | BULLISH | 08/16/24 | $90.00 | $25.5K | 44 | 164 |
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 1 day(s) on March 28, 2024. This event was a transfer of 238 contract(s) at a $180.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $39.2K, with a price of $165.0 per contract. There were 39259 open contracts at this strike prior to today, and today 182861 contract(s) were bought and sold.
• Regarding CVNA CVNA, we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on March 28, 2024. Parties traded 338 contract(s) at a $90.00 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 $58.6K, with a price of $172.0 per contract. There were 5351 open contracts at this strike prior to today, and today 5387 contract(s) were bought and sold.
• For NIO NIO, we notice a call option trade that happens to be bearish, expiring in 177 day(s) on September 20, 2024. This event was a transfer of 5000 contract(s) at a $8.00 strike. The total cost received by the writing party (or parties) was $140.0K, with a price of $28.0 per contract. There were 5034 open contracts at this strike prior to today, and today 5039 contract(s) were bought and sold.
• For AMZN AMZN, we notice a call option sweep that happens to be bullish, expiring in 23 day(s) on April 19, 2024. This event was a transfer of 300 contract(s) at a $185.00 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 $64.7K, with a price of $216.0 per contract. There were 42613 open contracts at this strike prior to today, and today 3011 contract(s) were bought and sold.
• For BABA BABA, we notice a call option sweep that happens to be bullish, expiring in 9 day(s) on April 5, 2024. This event was a transfer of 200 contract(s) at a $70.00 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 $40.9K, with a price of $205.0 per contract. There were 667 open contracts at this strike prior to today, and today 820 contract(s) were bought and sold.
• Regarding BBY BBY, we observe a call option sweep with bearish sentiment. It expires in 51 day(s) on May 17, 2024. Parties traded 79 contract(s) at a $82.50 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 $26.2K, with a price of $331.0 per contract. There were 338 open contracts at this strike prior to today, and today 626 contract(s) were bought and sold.
• For PDD PDD, we notice a put option sweep that happens to be bullish, expiring in 296 day(s) on January 17, 2025. This event was a transfer of 28 contract(s) at a $95.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $26.8K, with a price of $960.0 per contract. There were 2633 open contracts at this strike prior to today, and today 345 contract(s) were bought and sold.
• Regarding NCLH NCLH, we observe a call option trade with bearish sentiment. It expires in 51 day(s) on May 17, 2024. Parties traded 100 contract(s) at a $17.50 strike. The total cost received by the writing party (or parties) was $44.0K, with a price of $440.0 per contract. There were 14879 open contracts at this strike prior to today, and today 268 contract(s) were bought and sold.
• Regarding W W, we observe a call option sweep with bullish sentiment. It expires in 296 day(s) on January 17, 2025. Parties traded 110 contract(s) at a $130.00 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 $46.2K, with a price of $420.0 per contract. There were 2328 open contracts at this strike prior to today, and today 246 contract(s) were bought and sold.
• Regarding OLLI OLLI, we observe a call option sweep with bullish sentiment. It expires in 142 day(s) on August 16, 2024. Parties traded 93 contract(s) at a $90.00 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 $25.5K, with a price of $275.0 per contract. There were 44 open contracts at this strike prior to today, and today 164 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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