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 | 05/03/24 | $190.00 | $96.3K | 23.7K | 97.2K |
GRWG | CALL | SWEEP | BULLISH | 01/17/25 | $3.50 | $144.4K | 410 | 1.8K |
GM | PUT | SWEEP | BEARISH | 06/21/24 | $40.00 | $26.2K | 10.9K | 1.0K |
RCL | CALL | TRADE | NEUTRAL | 05/10/24 | $139.00 | $448.0K | 19 | 1.0K |
AMZN | PUT | SWEEP | BEARISH | 01/17/25 | $170.00 | $25.4K | 9.8K | 672 |
CVNA | PUT | SWEEP | BULLISH | 05/03/24 | $70.00 | $74.1K | 2.6K | 630 |
UA | CALL | SWEEP | BULLISH | 01/17/25 | $7.50 | $39.9K | 2.5K | 594 |
EXPE | PUT | TRADE | BULLISH | 06/20/25 | $125.00 | $439.5K | 358 | 300 |
SBUX | CALL | SWEEP | BULLISH | 06/20/25 | $90.00 | $126.8K | 307 | 286 |
KMX | PUT | SWEEP | BEARISH | 01/17/25 | $65.00 | $108.3K | 1.1K | 238 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA TSLA, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on May 3, 2024. Parties traded 432 contract(s) at a $190.00 strike. This particular call needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $96.3K, with a price of $223.0 per contract. There were 23777 open contracts at this strike prior to today, and today 97250 contract(s) were bought and sold.
• For GRWG GRWG, we notice a call option sweep that happens to be bullish, expiring in 262 day(s) on January 17, 2025. This event was a transfer of 1926 contract(s) at a $3.50 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $144.4K, with a price of $75.0 per contract. There were 410 open contracts at this strike prior to today, and today 1890 contract(s) were bought and sold.
• Regarding GM GM, we observe a put option sweep with bearish sentiment. It expires in 52 day(s) on June 21, 2024. Parties traded 750 contract(s) at a $40.00 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 $26.2K, with a price of $35.0 per contract. There were 10937 open contracts at this strike prior to today, and today 1015 contract(s) were bought and sold.
• Regarding RCL RCL, we observe a call option trade with neutral sentiment. It expires in 10 day(s) on May 10, 2024. Parties traded 1000 contract(s) at a $139.00 strike. The total cost received by the writing party (or parties) was $448.0K, with a price of $448.0 per contract. There were 19 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a put option sweep with bearish sentiment. It expires in 262 day(s) on January 17, 2025. Parties traded 20 contract(s) at a $170.00 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 $25.4K, with a price of $1273.0 per contract. There were 9831 open contracts at this strike prior to today, and today 672 contract(s) were bought and sold.
• Regarding CVNA CVNA, we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on May 3, 2024. Parties traded 331 contract(s) at a $70.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $74.1K, with a price of $224.0 per contract. There were 2631 open contracts at this strike prior to today, and today 630 contract(s) were bought and sold.
• Regarding UA UA, we observe a call option sweep with bullish sentiment. It expires in 262 day(s) on January 17, 2025. Parties traded 570 contract(s) at a $7.50 strike. This particular call needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $39.9K, with a price of $70.0 per contract. There were 2583 open contracts at this strike prior to today, and today 594 contract(s) were bought and sold.
• For EXPE EXPE, we notice a put option trade that happens to be bullish, expiring in 416 day(s) on June 20, 2025. This event was a transfer of 300 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $439.5K, with a price of $1465.0 per contract. There were 358 open contracts at this strike prior to today, and today 300 contract(s) were bought and sold.
• For SBUX SBUX, we notice a call option sweep that happens to be bullish, expiring in 416 day(s) on June 20, 2025. This event was a transfer of 122 contract(s) at a $90.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $126.8K, with a price of $1040.0 per contract. There were 307 open contracts at this strike prior to today, and today 286 contract(s) were bought and sold.
• Regarding KMX KMX, we observe a put option sweep with bearish sentiment. It expires in 262 day(s) on January 17, 2025. Parties traded 172 contract(s) at a $65.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $108.3K, with a price of $630.0 per contract. There were 1135 open contracts at this strike prior to today, and today 238 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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