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 | PUT | TRADE | BEARISH | 04/26/24 | $160.00 | $25.0K | 13.9K | 187.5K |
AMZN | CALL | SWEEP | BEARISH | 04/26/24 | $180.00 | $59.5K | 16.1K | 24.7K |
CZR | CALL | SWEEP | BEARISH | 01/16/26 | $60.00 | $72.6K | 17.5K | 2.4K |
NCLH | PUT | TRADE | BULLISH | 07/19/24 | $20.00 | $37.2K | 1.1K | 790 |
PENN | PUT | SWEEP | BULLISH | 05/03/24 | $16.00 | $40.4K | 183 | 301 |
JD | CALL | TRADE | NEUTRAL | 05/17/24 | $23.00 | $27.0K | 2.2K | 250 |
ETSY | CALL | TRADE | BEARISH | 01/17/25 | $75.00 | $30.6K | 1.0K | 81 |
LI | PUT | TRADE | BULLISH | 01/16/26 | $28.00 | $43.4K | 1.7K | 50 |
APTV | CALL | SWEEP | BULLISH | 08/16/24 | $62.50 | $29.7K | 0 | 26 |
CMG | PUT | SWEEP | BEARISH | 05/17/24 | $2650.00 | $32.8K | 41 | 21 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a put option trade that happens to be bearish, expiring in 2 day(s) on April 26, 2024. This event was a transfer of 100 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $250.0 per contract. There were 13983 open contracts at this strike prior to today, and today 187591 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on April 26, 2024. Parties traded 500 contract(s) at a $180.00 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 $59.5K, with a price of $120.0 per contract. There were 16177 open contracts at this strike prior to today, and today 24755 contract(s) were bought and sold.
• For CZR CZR, we notice a call option sweep that happens to be bearish, expiring in 632 day(s) on January 16, 2026. This event was a transfer of 175 contract(s) at a $60.00 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 $72.6K, with a price of $415.0 per contract. There were 17515 open contracts at this strike prior to today, and today 2418 contract(s) were bought and sold.
• For NCLH NCLH, we notice a put option trade that happens to be bullish, expiring in 86 day(s) on July 19, 2024. This event was a transfer of 186 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $37.2K, with a price of $200.0 per contract. There were 1156 open contracts at this strike prior to today, and today 790 contract(s) were bought and sold.
• For PENN PENN, we notice a put option sweep that happens to be bullish, expiring in 9 day(s) on May 3, 2024. This event was a transfer of 1034 contract(s) at a $16.00 strike. This particular put needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $40.4K, with a price of $39.0 per contract. There were 183 open contracts at this strike prior to today, and today 301 contract(s) were bought and sold.
• For JD JD, we notice a call option trade that happens to be neutral, expiring in 23 day(s) on May 17, 2024. This event was a transfer of 50 contract(s) at a $23.00 strike. The total cost received by the writing party (or parties) was $27.0K, with a price of $540.0 per contract. There were 2279 open contracts at this strike prior to today, and today 250 contract(s) were bought and sold.
• Regarding ETSY ETSY, we observe a call option trade with bearish sentiment. It expires in 268 day(s) on January 17, 2025. Parties traded 34 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $30.6K, with a price of $900.0 per contract. There were 1035 open contracts at this strike prior to today, and today 81 contract(s) were bought and sold.
• Regarding LI LI, we observe a put option trade with bullish sentiment. It expires in 632 day(s) on January 16, 2026. Parties traded 50 contract(s) at a $28.00 strike. The total cost received by the writing party (or parties) was $43.4K, with a price of $870.0 per contract. There were 1769 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold.
• For APTV APTV, we notice a call option sweep that happens to be bullish, expiring in 114 day(s) on August 16, 2024. This event was a transfer of 25 contract(s) at a $62.50 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 $29.7K, with a price of $1190.0 per contract. There were 0 open contracts at this strike prior to today, and today 26 contract(s) were bought and sold.
• For CMG CMG, we notice a put option sweep that happens to be bearish, expiring in 23 day(s) on May 17, 2024. This event was a transfer of 20 contract(s) at a $2650.00 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 $32.8K, with a price of $1640.0 per contract. There were 41 open contracts at this strike prior to today, and today 21 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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