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 | TRADE | BULLISH | 06/21/24 | $190.00 | $68.8K | 32.8K | 56.0K |
MBLY | CALL | TRADE | BEARISH | 11/15/24 | $40.00 | $31.0K | 10.3K | 1.1K |
CVNA | CALL | TRADE | BULLISH | 01/17/25 | $70.00 | $141.7K | 1.0K | 476 |
GM | PUT | TRADE | BEARISH | 06/21/24 | $46.00 | $30.0K | 7.4K | 461 |
ABNB | CALL | TRADE | BULLISH | 07/19/24 | $150.00 | $30.0K | 4.8K | 404 |
HD | PUT | TRADE | BEARISH | 07/12/24 | $345.00 | $27.6K | 18 | 52 |
ULTA | CALL | TRADE | BEARISH | 09/20/24 | $400.00 | $27.0K | 672 | 51 |
RCL | CALL | TRADE | BEARISH | 10/18/24 | $130.00 | $58.5K | 145 | 20 |
LULU | PUT | SWEEP | BEARISH | 10/18/24 | $310.00 | $34.0K | 432 | 19 |
NCLH | CALL | TRADE | BULLISH | 01/17/25 | $10.00 | $28.7K | 1.8K | 5 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding TSLA TSLA, we observe a call option trade with bullish sentiment. It expires in 8 day(s) on June 21, 2024. Parties traded 200 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $68.8K, with a price of $344.0 per contract. There were 32808 open contracts at this strike prior to today, and today 56088 contract(s) were bought and sold.
• Regarding MBLY MBLY, we observe a call option trade with bearish sentiment. It expires in 155 day(s) on November 15, 2024. Parties traded 130 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $31.0K, with a price of $239.0 per contract. There were 10363 open contracts at this strike prior to today, and today 1159 contract(s) were bought and sold.
• For CVNA CVNA, we notice a call option trade that happens to be bullish, expiring in 218 day(s) on January 17, 2025. This event was a transfer of 30 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $141.7K, with a price of $4725.0 per contract. There were 1053 open contracts at this strike prior to today, and today 476 contract(s) were bought and sold.
• Regarding GM GM, we observe a put option trade with bearish sentiment. It expires in 8 day(s) on June 21, 2024. Parties traded 2000 contract(s) at a $46.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $15.0 per contract. There were 7473 open contracts at this strike prior to today, and today 461 contract(s) were bought and sold.
• For ABNB ABNB, we notice a call option trade that happens to be bullish, expiring in 36 day(s) on July 19, 2024. This event was a transfer of 77 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $390.0 per contract. There were 4877 open contracts at this strike prior to today, and today 404 contract(s) were bought and sold.
• Regarding HD HD, we observe a put option trade with bearish sentiment. It expires in 29 day(s) on July 12, 2024. Parties traded 50 contract(s) at a $345.00 strike. The total cost received by the writing party (or parties) was $27.6K, with a price of $553.0 per contract. There were 18 open contracts at this strike prior to today, and today 52 contract(s) were bought and sold.
• Regarding ULTA ULTA, we observe a call option trade with bearish sentiment. It expires in 99 day(s) on September 20, 2024. Parties traded 10 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $27.0K, with a price of $2700.0 per contract. There were 672 open contracts at this strike prior to today, and today 51 contract(s) were bought and sold.
• Regarding RCL RCL, we observe a call option trade with bearish sentiment. It expires in 127 day(s) on October 18, 2024. Parties traded 20 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $58.5K, with a price of $2925.0 per contract. There were 145 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold.
• Regarding LULU LULU, we observe a put option sweep with bearish sentiment. It expires in 127 day(s) on October 18, 2024. Parties traded 15 contract(s) at a $310.00 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 $34.0K, with a price of $2270.0 per contract. There were 432 open contracts at this strike prior to today, and today 19 contract(s) were bought and sold.
• For NCLH NCLH, we notice a call option trade that happens to be bullish, expiring in 218 day(s) on January 17, 2025. This event was a transfer of 35 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $28.7K, with a price of $822.0 per contract. There were 1896 open contracts at this strike prior to today, and today 5 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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