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 | BULLISH | 06/07/24 | $170.00 | $221.5K | 48.2K | 115.9K |
GME | CALL | SWEEP | BULLISH | 06/07/24 | $30.00 | $87.6K | 8.3K | 19.8K |
VSCO | CALL | TRADE | BEARISH | 06/21/24 | $26.00 | $217.2K | 1.1K | 2.6K |
PDD | CALL | TRADE | BULLISH | 07/05/24 | $155.00 | $83.7K | 216 | 380 |
EXPE | CALL | SWEEP | BULLISH | 06/07/24 | $112.00 | $37.5K | 1.3K | 333 |
ANF | CALL | TRADE | BULLISH | 11/15/24 | $190.00 | $150.4K | 377 | 257 |
AMZN | PUT | TRADE | BEARISH | 08/16/24 | $180.00 | $27.4K | 9.5K | 161 |
SHAK | CALL | TRADE | BULLISH | 06/28/24 | $91.00 | $47.3K | 0 | 128 |
W | PUT | TRADE | BEARISH | 12/20/24 | $50.00 | $61.0K | 140 | 101 |
SCI | CALL | SWEEP | NEUTRAL | 12/20/24 | $77.50 | $29.6K | 8 | 100 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA TSLA, we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on June 7, 2024. Parties traded 1405 contract(s) at a $170.00 strike. This particular put needed to be split into 152 different trades to become filled. The total cost received by the writing party (or parties) was $221.5K, with a price of $155.0 per contract. There were 48215 open contracts at this strike prior to today, and today 115992 contract(s) were bought and sold.
• Regarding GME GME, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on June 7, 2024. Parties traded 146 contract(s) at a $30.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $87.6K, with a price of $600.0 per contract. There were 8396 open contracts at this strike prior to today, and today 19883 contract(s) were bought and sold.
• Regarding VSCO VSCO, we observe a call option trade with bearish sentiment. It expires in 18 day(s) on June 21, 2024. Parties traded 2556 contract(s) at a $26.00 strike. The total cost received by the writing party (or parties) was $217.2K, with a price of $85.0 per contract. There were 1123 open contracts at this strike prior to today, and today 2608 contract(s) were bought and sold.
• For PDD PDD, we notice a call option trade that happens to be bullish, expiring in 32 day(s) on July 5, 2024. This event was a transfer of 300 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $83.7K, with a price of $279.0 per contract. There were 216 open contracts at this strike prior to today, and today 380 contract(s) were bought and sold.
• Regarding EXPE EXPE, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on June 7, 2024. Parties traded 164 contract(s) at a $112.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $37.5K, with a price of $228.0 per contract. There were 1395 open contracts at this strike prior to today, and today 333 contract(s) were bought and sold.
• Regarding ANF ANF, we observe a call option trade with bullish sentiment. It expires in 165 day(s) on November 15, 2024. Parties traded 76 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $150.4K, with a price of $1980.0 per contract. There were 377 open contracts at this strike prior to today, and today 257 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a put option trade with bearish sentiment. It expires in 74 day(s) on August 16, 2024. Parties traded 26 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $27.4K, with a price of $1055.0 per contract. There were 9547 open contracts at this strike prior to today, and today 161 contract(s) were bought and sold.
• For SHAK SHAK, we notice a call option trade that happens to be bullish, expiring in 25 day(s) on June 28, 2024. This event was a transfer of 128 contract(s) at a $91.00 strike. The total cost received by the writing party (or parties) was $47.3K, with a price of $370.0 per contract. There were 0 open contracts at this strike prior to today, and today 128 contract(s) were bought and sold.
• For W W, we notice a put option trade that happens to be bearish, expiring in 200 day(s) on December 20, 2024. This event was a transfer of 100 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $61.0K, with a price of $610.0 per contract. There were 140 open contracts at this strike prior to today, and today 101 contract(s) were bought and sold.
• Regarding SCI SCI, we observe a call option sweep with neutral sentiment. It expires in 200 day(s) on December 20, 2024. Parties traded 100 contract(s) at a $77.50 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 $29.6K, with a price of $301.0 per contract. There were 8 open contracts at this strike prior to today, and today 100 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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