This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming levels.
Here's the list of some unusual options activity happening in today's session:
| Symbol | PUT/CALL | Trade Type | Sentiment | Expiration Date | DTE | Strike Price | Size | Trade Count | Total Trade Price | Option Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NIO | CALL | SWEEP | BEARISH | November 6, 2020 | 0 | 41.0 | 374 | 21 | 33136.4 | 0.88 | 8839 | 28181 |
| CCL | PUT | SWEEP | BULLISH | April 16, 2021 | 161 | 12.5 | 419 | 5 | 92599.0 | 2.21 | 6881 | 593 |
| ANF | CALL | SWEEP | BULLISH | December 18, 2020 | 42 | 16.0 | 200 | 11 | 35000.0 | 1.75 | 39 | 14227 |
| TSLA | PUT | TRADE | BULLISH | March 19, 2021 | 133 | 200.0 | 241 | 1 | 89194.1 | 3.70 | 5945 | 27 |
| AMZN | PUT | SWEEP | BEARISH | November 6, 2020 | 0 | 3250.0 | 445 | 3 | 70799.5 | 1.59 | 1504 | 10536 |
| MLCO | CALL | SWEEP | BEARISH | November 20, 2020 | 14 | 16.0 | 375 | 22 | 28125.0 | 0.75 | 2924 | 379 |
| LOW | CALL | TRADE | BULLISH | November 20, 2020 | 14 | 177.5 | 400 | 1 | 89200.0 | 2.23 | 406 | 427 |
| SBUX | CALL | SWEEP | BULLISH | November 20, 2020 | 14 | 90.0 | 242 | 26 | 52005.8 | 2.15 | 4253 | 446 |
| REAL | CALL | SWEEP | BULLISH | February 19, 2021 | 105 | 17.5 | 233 | 3 | 37303.3 | 1.60 | 431 | 333 |
| F | PUT | SWEEP | BEARISH | January 15, 2021 | 70 | 7.0 | 1615 | 36 | 41990.0 | 0.26 | 141690 | 1733 |
How to Read:
This example has been constructed using the first row in the accompanying table.
For ticker NIO, we notice a call option sweep that happens to be bearish and is expiring today. A trader bought 374 contract(s) at a $41.00 strike. This particular call needed to be split into 21 different trades to become filled. The trader or institution spent $33.1K on this trade with a price of $88.0 per contract. There were 8839 open contracts at this strike prior to today, and today 28181 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 a detailed explanation on how to understand options alerts, click here.
To read more news on unusual options activity, click here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
