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 |
|---|---|---|---|---|---|---|---|---|
| TSLA | CALL | TRADE | BEARISH | 12/11/20 | $600.00 | $545.6K | 7.5K | 15.6K |
| NCLH | CALL | TRADE | BEARISH | 03/19/21 | $35.00 | $133.2K | 6.0K | 11.7K |
| LI | CALL | TRADE | BULLISH | 12/18/20 | $30.00 | $164.3K | 10.6K | 5.1K |
| TJX | CALL | SWEEP | BEARISH | 01/15/21 | $65.00 | $1.0 million | 13.2K | 4.1K |
| CCL | CALL | SWEEP | BEARISH | 12/11/20 | $23.00 | $30.2K | 3.6K | 3.7K |
| M | CALL | SWEEP | BEARISH | 01/15/21 | $12.00 | $34.4K | 12.8K | 1.5K |
| BLNK | CALL | SWEEP | BEARISH | 12/24/20 | $20.00 | $105.8K | 33 | 1.4K |
| BBBY | CALL | TRADE | BEARISH | 03/19/21 | $20.00 | $279.0K | 52 | 1.0K |
| JWN | CALL | SWEEP | BULLISH | 01/15/21 | $30.00 | $177.3K | 6.3K | 777 |
| VC | CALL | TRADE | BULLISH | 01/15/21 | $145.00 | $172.4K | 3 | 750 |
Explanation
These itemized elaboration has been created using the accompanying table.
• Regarding TSLA TSLA, we observe a call option trade with bearish sentiment. It expires in 7 day(s) on December 11, 2020. A trader bought 277 contract(s) at a $600.00 strike. The trader or institution spent $545.6K on this trade with a price of $1970.0 per contract. There were 7523 open contracts at this strike prior to today, and today 15687 contract(s) were bought and sold.
• For NCLH NCLH, we notice a call option trade that happens to be bearish, expiring in 105 day(s) on March 19, 2021. A trader bought 600 contract(s) at a $35.00 strike. The trader or institution spent $133.2K on this trade with a price of $222.0 per contract. There were 6045 open contracts at this strike prior to today, and today 11707 contract(s) were bought and sold.
• For LI LI, we notice a call option trade that happens to be bullish, expiring in 14 day(s) on December 18, 2020. A trader bought 498 contract(s) at a $30.00 strike. The trader or institution spent $164.3K on this trade with a price of $330.0 per contract. There were 10673 open contracts at this strike prior to today, and today 5160 contract(s) were bought and sold.
• Regarding TJX TJX, we observe a call option sweep with bearish sentiment. It expires in 42 day(s) on January 15, 2021. A trader bought 2828 contract(s) at a $65.00 strike. This particular call needed to be split into 8 different trades to become filled. The trader or institution spent $1.0 million on this trade with a price of $362.0 per contract. There were 13238 open contracts at this strike prior to today, and today 4188 contract(s) were bought and sold.
• For CCL CCL, we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on December 11, 2020. A trader bought 240 contract(s) at a $23.00 strike. This particular call needed to be split into 4 different trades to become filled. The trader or institution spent $30.2K on this trade with a price of $126.0 per contract. There were 3694 open contracts at this strike prior to today, and today 3705 contract(s) were bought and sold.
• For M M, we notice a call option sweep that happens to be bearish, expiring in 42 day(s) on January 15, 2021. A trader bought 352 contract(s) at a $12.00 strike. This particular call needed to be split into 3 different trades to become filled. The trader or institution spent $34.4K on this trade with a price of $98.0 per contract. There were 12878 open contracts at this strike prior to today, and today 1545 contract(s) were bought and sold.
• For BLNK BLNK, we notice a call option sweep that happens to be bearish, expiring in 20 day(s) on December 24, 2020. A trader bought 225 contract(s) at a $20.00 strike. This particular call needed to be split into 84 different trades to become filled. The trader or institution spent $105.8K on this trade with a price of $470.0 per contract. There were 33 open contracts at this strike prior to today, and today 1486 contract(s) were bought and sold.
• Regarding BBBY BBBY, we observe a call option trade with bearish sentiment. It expires in 105 day(s) on March 19, 2021. A trader bought 900 contract(s) at a $20.00 strike. The trader or institution spent $279.0K on this trade with a price of $310.0 per contract. There were 52 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.
• For JWN JWN, we notice a call option sweep that happens to be bullish, expiring in 42 day(s) on January 15, 2021. A trader bought 572 contract(s) at a $30.00 strike. This particular call needed to be split into 29 different trades to become filled. The trader or institution spent $177.3K on this trade with a price of $310.0 per contract. There were 6313 open contracts at this strike prior to today, and today 777 contract(s) were bought and sold.
• For VC VC, we notice a call option trade that happens to be bullish, expiring in 42 day(s) on January 15, 2021. A trader bought 750 contract(s) at a $145.00 strike. The trader or institution spent $172.4K on this trade with a price of $230.0 per contract. There were 3 open contracts at this strike prior to today, and today 750 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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