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 | BEARISH | 01/19/24 | $220.00 | $28.2K | 48.4K | 119.5K |
| F | CALL | SWEEP | BULLISH | 05/17/24 | $12.00 | $537.5K | 388 | 12.6K |
| SABR | CALL | TRADE | BULLISH | 01/19/24 | $1.50 | $26.1K | 615 | 471 |
| CVNA | PUT | SWEEP | BULLISH | 08/16/24 | $20.00 | $39.9K | 53 | 464 |
| JD | CALL | TRADE | NEUTRAL | 01/17/25 | $22.50 | $28.5K | 326 | 377 |
| AMZN | PUT | TRADE | BEARISH | 06/20/25 | $165.00 | $26.7K | 167 | 81 |
| MELI | CALL | TRADE | BULLISH | 01/19/24 | $1400.00 | $25.8K | 242 | 25 |
| LULU | CALL | SWEEP | BULLISH | 04/19/24 | $470.00 | $49.5K | 100 | 18 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA TSLA, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on January 19, 2024. Parties traded 1086 contract(s) at a $220.00 strike. This particular call needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $28.2K, with a price of $26.0 per contract. There were 48408 open contracts at this strike prior to today, and today 119507 contract(s) were bought and sold.
• For F F, we notice a call option sweep that happens to be bullish, expiring in 120 day(s) on May 17, 2024. This event was a transfer of 12500 contract(s) at a $12.00 strike. This particular call needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $537.5K, with a price of $43.0 per contract. There were 388 open contracts at this strike prior to today, and today 12687 contract(s) were bought and sold.
• For SABR SABR, we notice a call option trade that happens to be bullish, expiring in 1 day(s) on January 19, 2024. This event was a transfer of 100 contract(s) at a $1.50 strike. The total cost received by the writing party (or parties) was $26.1K, with a price of $261.0 per contract. There were 615 open contracts at this strike prior to today, and today 471 contract(s) were bought and sold.
• For CVNA CVNA, we notice a put option sweep that happens to be bullish, expiring in 211 day(s) on August 16, 2024. This event was a transfer of 174 contract(s) at a $20.00 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 $39.9K, with a price of $230.0 per contract. There were 53 open contracts at this strike prior to today, and today 464 contract(s) were bought and sold.
• For JD JD, we notice a call option trade that happens to be neutral, expiring in 365 day(s) on January 17, 2025. This event was a transfer of 68 contract(s) at a $22.50 strike. The total cost received by the writing party (or parties) was $28.5K, with a price of $420.0 per contract. There were 326 open contracts at this strike prior to today, and today 377 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a put option trade with bearish sentiment. It expires in 519 day(s) on June 20, 2025. Parties traded 11 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $26.7K, with a price of $2435.0 per contract. There were 167 open contracts at this strike prior to today, and today 81 contract(s) were bought and sold.
• Regarding MELI MELI, we observe a call option trade with bullish sentiment. It expires in 1 day(s) on January 19, 2024. Parties traded 1 contract(s) at a $1400.00 strike. The total cost received by the writing party (or parties) was $25.8K, with a price of $25800.0 per contract. There were 242 open contracts at this strike prior to today, and today 25 contract(s) were bought and sold.
• Regarding LULU LULU, we observe a call option sweep with bullish sentiment. It expires in 92 day(s) on April 19, 2024. Parties traded 15 contract(s) at a $470.00 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 $49.5K, with a price of $3305.0 per contract. There were 100 open contracts at this strike prior to today, and today 18 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.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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