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 | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| TSLA | CALL | SWEEP | BULLISH | 11/20/20 | $500.00 | $110.4K | 16.7K | 59.6K |
| M | CALL | TRADE | BEARISH | 11/20/20 | $8.00 | $131.9K | 21.1K | 18.5K |
| NIO | PUT | SWEEP | BEARISH | 11/20/20 | $40.00 | $70.3K | 18.1K | 16.5K |
| DKNG | CALL | SWEEP | BULLISH | 11/20/20 | $45.00 | $68.2K | 23.2K | 15.8K |
| KNDI | CALL | SWEEP | BULLISH | 11/20/20 | $9.00 | $34.1K | 5.3K | 10.3K |
| CVNA | PUT | TRADE | BULLISH | 11/20/20 | $210.00 | $840.3K | 264 | 10.0K |
| CCL | CALL | TRADE | BEARISH | 12/18/20 | $20.00 | $211.0K | 38.6K | 7.5K |
| ELY | CALL | TRADE | BEARISH | 12/18/20 | $19.00 | $120.0K | 12.3K | 7.5K |
| BABA | CALL | SWEEP | BULLISH | 09/17/21 | $280.00 | $614.0K | 3.6K | 3.7K |
| SBUX | CALL | SWEEP | BULLISH | 11/20/20 | $98.50 | $40.8K | 7.4K | 3.6K |
Explanation
These itemized elaboration has been created using the accompanying table.
• For TSLA TSLA, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on November 20, 2020. A trader bought 724 contract(s) at a $500.00 strike. This particular call needed to be split into 30 different trades to become filled. The trader or institution spent $110.4K on this trade with a price of $153.0 per contract. There were 16789 open contracts at this strike prior to today, and today 59679 contract(s) were bought and sold.
• Regarding M M, we observe a call option trade with bearish sentiment. It expires in 3 day(s) on November 20, 2020. A trader bought 1759 contract(s) at a $8.00 strike. The trader or institution spent $131.9K on this trade with a price of $75.0 per contract. There were 21190 open contracts at this strike prior to today, and today 18557 contract(s) were bought and sold.
• For NIO NIO, we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on November 20, 2020. A trader bought 500 contract(s) at a $40.00 strike. This particular put needed to be split into 25 different trades to become filled. The trader or institution spent $70.3K on this trade with a price of $141.0 per contract. There were 18178 open contracts at this strike prior to today, and today 16521 contract(s) were bought and sold.
• Regarding DKNG DKNG, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on November 20, 2020. A trader bought 500 contract(s) at a $45.00 strike. This particular call needed to be split into 9 different trades to become filled. The trader or institution spent $68.2K on this trade with a price of $140.0 per contract. There were 23264 open contracts at this strike prior to today, and today 15881 contract(s) were bought and sold.
• For KNDI KNDI, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on November 20, 2020. A trader bought 310 contract(s) at a $9.00 strike. This particular call needed to be split into 8 different trades to become filled. The trader or institution spent $34.1K on this trade with a price of $110.0 per contract. There were 5361 open contracts at this strike prior to today, and today 10384 contract(s) were bought and sold.
• For CVNA CVNA, we notice a put option trade that happens to be bullish, expiring in 3 day(s) on November 20, 2020. A trader bought 4666 contract(s) at a $210.00 strike. The trader or institution spent $840.3K on this trade with a price of $180.0 per contract. There were 264 open contracts at this strike prior to today, and today 10049 contract(s) were bought and sold.
• Regarding CCL CCL, we observe a call option trade with bearish sentiment. It expires in 31 day(s) on December 18, 2020. A trader bought 1900 contract(s) at a $20.00 strike. The trader or institution spent $211.0K on this trade with a price of $111.0 per contract. There were 38684 open contracts at this strike prior to today, and today 7563 contract(s) were bought and sold.
• Regarding ELY ELY, we observe a call option trade with bearish sentiment. It expires in 31 day(s) on December 18, 2020. A trader bought 2000 contract(s) at a $19.00 strike. The trader or institution spent $120.0K on this trade with a price of $60.0 per contract. There were 12351 open contracts at this strike prior to today, and today 7555 contract(s) were bought and sold.
• For BABA BABA, we notice a call option sweep that happens to be bullish, expiring in 304 day(s) on September 17, 2021. A trader bought 200 contract(s) at a $280.00 strike. This particular call needed to be split into 5 different trades to become filled. The trader or institution spent $614.0K on this trade with a price of $3070.0 per contract. There were 3645 open contracts at this strike prior to today, and today 3705 contract(s) were bought and sold.
• Regarding SBUX SBUX, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on November 20, 2020. A trader bought 454 contract(s) at a $98.50 strike. This particular call needed to be split into 28 different trades to become filled. The trader or institution spent $40.8K on this trade with a price of $90.0 per contract. There were 7447 open contracts at this strike prior to today, and today 3645 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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