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 | PUT | SWEEP | BEARISH | 04/19/24 | $165.00 | $71.5K | 20.9K | 89.0K |
PSNY | PUT | TRADE | BEARISH | 05/17/24 | $2.00 | $32.4K | 11.1K | 5.1K |
DKNG | CALL | SWEEP | BEARISH | 11/15/24 | $47.00 | $68.4K | 3.1K | 2.3K |
BABA | CALL | SWEEP | BULLISH | 05/17/24 | $80.00 | $29.3K | 34.1K | 2.0K |
BYON | CALL | TRADE | NEUTRAL | 05/17/24 | $27.50 | $25.0K | 3.0K | 1.0K |
CPRI | PUT | SWEEP | BULLISH | 10/18/24 | $30.00 | $60.8K | 98 | 692 |
PDD | CALL | TRADE | BULLISH | 06/20/25 | $210.00 | $44.2K | 128 | 540 |
AMZN | CALL | TRADE | BEARISH | 04/19/24 | $145.00 | $42.9K | 7.9K | 479 |
CVNA | PUT | SWEEP | BEARISH | 04/26/24 | $66.00 | $32.1K | 901 | 361 |
RIVN | PUT | SWEEP | BEARISH | 10/18/24 | $7.50 | $38.3K | 27.8K | 330 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA TSLA, we observe a put option sweep with bearish sentiment. It expires in 4 day(s) on April 19, 2024. Parties traded 147 contract(s) at a $165.00 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $71.5K, with a price of $490.0 per contract. There were 20958 open contracts at this strike prior to today, and today 89060 contract(s) were bought and sold.
• For PSNY PSNY, we notice a put option trade that happens to be bearish, expiring in 32 day(s) on May 17, 2024. This event was a transfer of 360 contract(s) at a $2.00 strike. The total cost received by the writing party (or parties) was $32.4K, with a price of $90.0 per contract. There were 11127 open contracts at this strike prior to today, and today 5151 contract(s) were bought and sold.
• For DKNG DKNG, we notice a call option sweep that happens to be bearish, expiring in 214 day(s) on November 15, 2024. This event was a transfer of 114 contract(s) at a $47.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $68.4K, with a price of $600.0 per contract. There were 3112 open contracts at this strike prior to today, and today 2364 contract(s) were bought and sold.
• For BABA BABA, we notice a call option sweep that happens to be bullish, expiring in 32 day(s) on May 17, 2024. This event was a transfer of 474 contract(s) at a $80.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $29.3K, with a price of $62.0 per contract. There were 34117 open contracts at this strike prior to today, and today 2058 contract(s) were bought and sold.
• Regarding BYON BYON, we observe a call option trade with neutral sentiment. It expires in 32 day(s) on May 17, 2024. Parties traded 200 contract(s) at a $27.50 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $125.0 per contract. There were 3004 open contracts at this strike prior to today, and today 1048 contract(s) were bought and sold.
• Regarding CPRI CPRI, we observe a put option sweep with bullish sentiment. It expires in 186 day(s) on October 18, 2024. Parties traded 368 contract(s) at a $30.00 strike. This particular put needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $60.8K, with a price of $165.0 per contract. There were 98 open contracts at this strike prior to today, and today 692 contract(s) were bought and sold.
• For PDD PDD, we notice a call option trade that happens to be bullish, expiring in 431 day(s) on June 20, 2025. This event was a transfer of 79 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $44.2K, with a price of $560.0 per contract. There were 128 open contracts at this strike prior to today, and today 540 contract(s) were bought and sold.
• For AMZN AMZN, we notice a call option trade that happens to be bearish, expiring in 4 day(s) on April 19, 2024. This event was a transfer of 11 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $42.9K, with a price of $3900.0 per contract. There were 7950 open contracts at this strike prior to today, and today 479 contract(s) were bought and sold.
• For CVNA CVNA, we notice a put option sweep that happens to be bearish, expiring in 11 day(s) on April 26, 2024. This event was a transfer of 135 contract(s) at a $66.00 strike. This particular put needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $32.1K, with a price of $238.0 per contract. There were 901 open contracts at this strike prior to today, and today 361 contract(s) were bought and sold.
• For RIVN RIVN, we notice a put option sweep that happens to be bearish, expiring in 186 day(s) on October 18, 2024. This event was a transfer of 243 contract(s) at a $7.50 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 $38.3K, with a price of $158.0 per contract. There were 27856 open contracts at this strike prior to today, and today 330 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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.