Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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.
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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 | 12/31/21 | $1100.00 | $49.0K | 21.5K | 49.0K |
| AMZN | CALL | SWEEP | BEARISH | 12/31/21 | $3400.00 | $26.4K | 5.3K | 7.4K |
| NIO | CALL | SWEEP | BEARISH | 03/18/22 | $30.00 | $39.1K | 7.0K | 7.2K |
| BBIG | CALL | TRADE | BEARISH | 04/14/22 | $5.00 | $33.0K | 26.9K | 1.6K |
| CRI | PUT | TRADE | BEARISH | 03/18/22 | $105.00 | $48.3K | 1 | 435 |
| ELMS | PUT | SWEEP | BEARISH | 03/18/22 | $10.00 | $120.0K | 977 | 301 |
| EBAY | PUT | SWEEP | BEARISH | 01/21/22 | $65.00 | $35.5K | 10.6K | 258 |
| F | PUT | SWEEP | BULLISH | 02/04/22 | $24.50 | $41.5K | 1.0K | 233 |
| CVNA | PUT | SWEEP | BEARISH | 03/18/22 | $180.00 | $34.6K | 63 | 230 |
| DOGZ | CALL | TRADE | BEARISH | 02/18/22 | $4.00 | $36.4K | 776 | 203 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For TSLA (NASDAQ:TSLA), we notice a call option trade that happens to be bullish, expiring in 2 day(s) on December 31, 2021. This event was a transfer of 50 contract(s) at a $1100.00 strike. The total cost received by the writing party (or parties) was $49.0K, with a price of $980.0 per contract. There were 21537 open contracts at this strike prior to today, and today 49082 contract(s) were bought and sold.
• For AMZN (NASDAQ:AMZN), we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on December 31, 2021. This event was a transfer of 16 contract(s) at a $3400.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $26.4K, with a price of $1650.0 per contract. There were 5308 open contracts at this strike prior to today, and today 7483 contract(s) were bought and sold.
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• For NIO (NYSE:NIO), we notice a call option sweep that happens to be bearish, expiring in 79 day(s) on March 18, 2022. This event was a transfer of 146 contract(s) at a $30.00 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 $39.1K, with a price of $268.0 per contract. There were 7073 open contracts at this strike prior to today, and today 7268 contract(s) were bought and sold.
• For BBIG (NASDAQ:BBIG), we notice a call option trade that happens to be bearish, expiring in 106 day(s) on April 14, 2022. This event was a transfer of 1500 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $33.0K, with a price of $22.0 per contract. There were 26997 open contracts at this strike prior to today, and today 1665 contract(s) were bought and sold.
• Regarding CRI (NYSE:CRI), we observe a put option trade with bearish sentiment. It expires in 79 day(s) on March 18, 2022. Parties traded 46 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $48.3K, with a price of $1050.0 per contract. There were 1 open contracts at this strike prior to today, and today 435 contract(s) were bought and sold.
• For ELMS (NASDAQ:ELMS), we notice a put option sweep that happens to be bearish, expiring in 79 day(s) on March 18, 2022. This event was a transfer of 300 contract(s) at a $10.00 strike. This particular put needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $120.0K, with a price of $400.0 per contract. There were 977 open contracts at this strike prior to today, and today 301 contract(s) were bought and sold.
• For EBAY (NASDAQ:EBAY), we notice a put option sweep that happens to be bearish, expiring in 23 day(s) on January 21, 2022. This event was a transfer of 250 contract(s) at a $65.00 strike. This particular put needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $35.5K, with a price of $142.0 per contract. There were 10650 open contracts at this strike prior to today, and today 258 contract(s) were bought and sold.
• For F (NYSE:F), we notice a put option sweep that happens to be bullish, expiring in 37 day(s) on February 4, 2022. This event was a transfer of 100 contract(s) at a $24.50 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $41.5K, with a price of $415.0 per contract. There were 1044 open contracts at this strike prior to today, and today 233 contract(s) were bought and sold.
• For CVNA (NYSE:CVNA), we notice a put option sweep that happens to be bearish, expiring in 79 day(s) on March 18, 2022. This event was a transfer of 34 contract(s) at a $180.00 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 $34.6K, with a price of $1020.0 per contract. There were 63 open contracts at this strike prior to today, and today 230 contract(s) were bought and sold.
• Regarding DOGZ (NASDAQ:DOGZ), we observe a call option trade with bearish sentiment. It expires in 51 day(s) on February 18, 2022. Parties traded 100 contract(s) at a $4.00 strike. The total cost received by the writing party (or parties) was $36.4K, with a price of $364.0 per contract. There were 776 open contracts at this strike prior to today, and today 203 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.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.