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 |
|---|---|---|---|---|---|---|---|---|
| GE | CALL | TRADE | BULLISH | 01/15/21 | $10.00 | $1.8 million | 346.8K | 52.9K |
| PLUG | CALL | SWEEP | BULLISH | 11/27/20 | $26.00 | $28.1K | 4.7K | 18.9K |
| FCEL | CALL | TRADE | BEARISH | 12/18/20 | $7.00 | $48.2K | 1.6K | 15.1K |
| BE | CALL | TRADE | BULLISH | 12/18/20 | $23.00 | $56.0K | 181 | 10.4K |
| CAT | CALL | SWEEP | BEARISH | 11/27/20 | $180.00 | $82.6K | 11.3K | 8.6K |
| BA | CALL | SWEEP | BULLISH | 11/27/20 | $200.00 | $222.7K | 5.0K | 2.3K |
| AAL | CALL | SWEEP | BULLISH | 02/19/21 | $15.00 | $43.9K | 51.2K | 1.1K |
| SPCE | CALL | SWEEP | BULLISH | 12/18/20 | $24.00 | $53.4K | 3.8K | 1.0K |
| DAL | CALL | SWEEP | BEARISH | 01/15/21 | $38.00 | $66.0K | 4.5K | 796 |
| KSU | CALL | TRADE | BULLISH | 12/18/20 | $185.00 | $294.7K | 629 | 753 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For GE GE, we notice a call option trade that happens to be bullish, expiring in 53 day(s) on January 15, 2021. A trader bought 25000 contract(s) at a $10.00 strike. The trader or institution spent $1.8 million on this trade with a price of $74.0 per contract. There were 346849 open contracts at this strike prior to today, and today 52948 contract(s) were bought and sold.
• For PLUG PLUG, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on November 27, 2020. A trader bought 351 contract(s) at a $26.00 strike. This particular call needed to be split into 18 different trades to become filled. The trader or institution spent $28.1K on this trade with a price of $80.0 per contract. There were 4717 open contracts at this strike prior to today, and today 18963 contract(s) were bought and sold.
• Regarding FCEL FCEL, we observe a call option trade with bearish sentiment. It expires in 25 day(s) on December 18, 2020. A trader bought 200 contract(s) at a $7.00 strike. The trader or institution spent $48.2K on this trade with a price of $241.0 per contract. There were 1682 open contracts at this strike prior to today, and today 15153 contract(s) were bought and sold.
• Regarding BE BE, we observe a call option trade with bullish sentiment. It expires in 25 day(s) on December 18, 2020. A trader bought 249 contract(s) at a $23.00 strike. The trader or institution spent $56.0K on this trade with a price of $225.0 per contract. There were 181 open contracts at this strike prior to today, and today 10435 contract(s) were bought and sold.
• Regarding CAT CAT, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on November 27, 2020. A trader bought 2354 contract(s) at a $180.00 strike. This particular call needed to be split into 151 different trades to become filled. The trader or institution spent $82.6K on this trade with a price of $35.0 per contract. There were 11395 open contracts at this strike prior to today, and today 8672 contract(s) were bought and sold.
• Regarding BA BA, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on November 27, 2020. A trader bought 227 contract(s) at a $200.00 strike. This particular call needed to be split into 22 different trades to become filled. The trader or institution spent $222.7K on this trade with a price of $985.0 per contract. There were 5081 open contracts at this strike prior to today, and today 2322 contract(s) were bought and sold.
• For AAL AAL, we notice a call option sweep that happens to be bullish, expiring in 88 day(s) on February 19, 2021. A trader bought 426 contract(s) at a $15.00 strike. This particular call needed to be split into 21 different trades to become filled. The trader or institution spent $43.9K on this trade with a price of $103.0 per contract. There were 51259 open contracts at this strike prior to today, and today 1188 contract(s) were bought and sold.
• For SPCE SPCE, we notice a call option sweep that happens to be bullish, expiring in 25 day(s) on December 18, 2020. A trader bought 204 contract(s) at a $24.00 strike. This particular call needed to be split into 20 different trades to become filled. The trader or institution spent $53.4K on this trade with a price of $262.0 per contract. There were 3819 open contracts at this strike prior to today, and today 1074 contract(s) were bought and sold.
• Regarding DAL DAL, we observe a call option sweep with bearish sentiment. It expires in 53 day(s) on January 15, 2021. A trader bought 203 contract(s) at a $38.00 strike. This particular call needed to be split into 4 different trades to become filled. The trader or institution spent $66.0K on this trade with a price of $325.0 per contract. There were 4582 open contracts at this strike prior to today, and today 796 contract(s) were bought and sold.
• Regarding KSU KSU, we observe a call option trade with bullish sentiment. It expires in 25 day(s) on December 18, 2020. A trader bought 373 contract(s) at a $185.00 strike. The trader or institution spent $294.7K on this trade with a price of $790.0 per contract. There were 629 open contracts at this strike prior to today, and today 753 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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