This unusual options alert can help traders discover the next big trading opportunities. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. Unusual trading activity could push option prices to exaggerated or underestimated levels.
Below are some instances of unusual options activity happening in the Consumer Discretionary sector:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| NIO | CALL | SWEEP | BULLISH | 11/13/20 | $50.00 | $39.0K | 25.0K | 67.4K |
| TSLA | CALL | SWEEP | BEARISH | 11/13/20 | $415.00 | $96.6K | 2.9K | 9.3K |
| NCLH | CALL | TRADE | BEARISH | 12/18/20 | $17.50 | $812.5K | 15.5K | 5.4K |
| CVNA | PUT | SWEEP | BULLISH | 11/13/20 | $205.00 | $28.0K | 158 | 5.0K |
| CCL | PUT | SWEEP | BULLISH | 11/13/20 | $16.00 | $28.0K | 5.7K | 4.2K |
| JD | CALL | SWEEP | BULLISH | 11/13/20 | $88.00 | $31.4K | 1.3K | 4.0K |
| PDD | CALL | TRADE | BEARISH | 11/13/20 | $125.00 | $391.5K | 3.6K | 3.3K |
| KSS | CALL | TRADE | BEARISH | 11/20/20 | $22.50 | $482.5K | 13.3K | 2.6K |
| FTCH | CALL | TRADE | BULLISH | 11/20/20 | $55.00 | $103.1K | 83 | 1.8K |
| JWN | CALL | TRADE | BEARISH | 01/15/21 | $17.50 | $54.0K | 6.6K | 1.4K |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding NIO NIO, we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on November 13, 2020. A trader bought 520 contract(s) at a $50.00 strike. This particular call needed to be split into 10 different trades to become filled. The trader or institution spent $39.0K on this trade with a price of $75.0 per contract. There were 25001 open contracts at this strike prior to today, and today 67420 contract(s) were bought and sold.
• For TSLA TSLA, we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on November 13, 2020. A trader bought 201 contract(s) at a $415.00 strike. This particular call needed to be split into 21 different trades to become filled. The trader or institution spent $96.6K on this trade with a price of $480.0 per contract. There were 2905 open contracts at this strike prior to today, and today 9348 contract(s) were bought and sold.
• Regarding NCLH NCLH, we observe a call option trade with bearish sentiment. It expires in 36 day(s) on December 18, 2020. A trader bought 2500 contract(s) at a $17.50 strike. This particular call needed to be split into 1 different trades to become filled. The trader or institution spent $812.5K on this trade with a price of $325.0 per contract. There were 15548 open contracts at this strike prior to today, and today 5469 contract(s) were bought and sold.
• Regarding CVNA CVNA, we observe a put option sweep with bullish sentiment. It expires in 1 day(s) on November 13, 2020. A trader bought 635 contract(s) at a $205.00 strike. This particular put needed to be split into 46 different trades to become filled. The trader or institution spent $28.0K on this trade with a price of $44.0 per contract. There were 158 open contracts at this strike prior to today, and today 5068 contract(s) were bought and sold.
• For CCL CCL, we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on November 13, 2020. A trader bought 500 contract(s) at a $16.00 strike. This particular put needed to be split into 3 different trades to become filled. The trader or institution spent $28.0K on this trade with a price of $56.0 per contract. There were 5761 open contracts at this strike prior to today, and today 4286 contract(s) were bought and sold.
• For JD JD, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on November 13, 2020. A trader bought 200 contract(s) at a $88.00 strike. This particular call needed to be split into 5 different trades to become filled. The trader or institution spent $31.4K on this trade with a price of $157.0 per contract. There were 1307 open contracts at this strike prior to today, and today 4071 contract(s) were bought and sold.
• For PDD PDD, we notice a call option trade that happens to be bearish, expiring in 1 day(s) on November 13, 2020. A trader bought 348 contract(s) at a $125.00 strike. This particular call needed to be split into 1 different trades to become filled. The trader or institution spent $391.5K on this trade with a price of $1125.0 per contract. There were 3616 open contracts at this strike prior to today, and today 3364 contract(s) were bought and sold.
• Regarding KSS KSS, we observe a call option trade with bearish sentiment. It expires in 8 day(s) on November 20, 2020. A trader bought 2500 contract(s) at a $22.50 strike. This particular call needed to be split into 1 different trades to become filled. The trader or institution spent $482.5K on this trade with a price of $193.0 per contract. There were 13373 open contracts at this strike prior to today, and today 2601 contract(s) were bought and sold.
• For FTCH FTCH, we notice a call option trade that happens to be bullish, expiring in 8 day(s) on November 20, 2020. A trader bought 1000 contract(s) at a $55.00 strike. This particular call needed to be split into 1 different trades to become filled. The trader or institution spent $103.1K on this trade with a price of $103.0 per contract. There were 83 open contracts at this strike prior to today, and today 1833 contract(s) were bought and sold.
• For JWN JWN, we notice a call option trade that happens to be bearish, expiring in 64 day(s) on January 15, 2021. A trader bought 340 contract(s) at a $17.50 strike. This particular call needed to be split into 1 different trades to become filled. The trader or institution spent $54.0K on this trade with a price of $159.0 per contract. There were 6671 open contracts at this strike prior to today, and today 1487 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.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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