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.
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 |
|---|---|---|---|---|---|---|---|---|
| UBER | CALL | SWEEP | BULLISH | 03/19/21 | $55.00 | $160.7K | 14.5K | 23.8K |
| BA | CALL | SWEEP | BEARISH | 12/18/20 | $235.00 | $148.4K | 2.2K | 9.6K |
| GE | CALL | TRADE | BULLISH | 06/18/21 | $14.00 | $28.0K | 9.3K | 4.7K |
| LYFT | CALL | TRADE | BEARISH | 01/15/21 | $35.00 | $565.0K | 11.1K | 2.6K |
| PLUG | CALL | SWEEP | BEARISH | 03/19/21 | $37.00 | $59.5K | 35 | 1.5K |
| HYLN | CALL | SWEEP | BULLISH | 12/18/20 | $21.00 | $32.9K | 3.1K | 1.0K |
| AER | PUT | TRADE | BULLISH | 03/19/21 | $40.00 | $189.0K | 10 | 1.0K |
| AAL | PUT | TRADE | BEARISH | 02/19/21 | $13.00 | $27.3K | 12.7K | 960 |
| UPS | CALL | SWEEP | BULLISH | 01/15/21 | $165.00 | $330.0K | 3.1K | 550 |
| NLSN | CALL | SWEEP | BULLISH | 01/15/21 | $16.00 | $69.8K | 839 | 499 |
Explanation
These itemized elaboration has been created using the accompanying table.
• For UBER UBER, we notice a call option sweep that happens to be bullish, expiring in 105 day(s) on March 19, 2021. A trader bought 277 contract(s) at a $55.00 strike. This particular call needed to be split into 13 different trades to become filled. The trader or institution spent $160.7K on this trade with a price of $580.0 per contract. There were 14596 open contracts at this strike prior to today, and today 23823 contract(s) were bought and sold.
• Regarding BA BA, we observe a call option sweep with bearish sentiment. It expires in 14 day(s) on December 18, 2020. A trader bought 200 contract(s) at a $235.00 strike. This particular call needed to be split into 4 different trades to become filled. The trader or institution spent $148.4K on this trade with a price of $742.0 per contract. There were 2216 open contracts at this strike prior to today, and today 9646 contract(s) were bought and sold.
• Regarding GE GE, we observe a call option trade with bullish sentiment. It expires in 196 day(s) on June 18, 2021. A trader bought 500 contract(s) at a $14.00 strike. The trader or institution spent $28.0K on this trade with a price of $56.0 per contract. There were 9391 open contracts at this strike prior to today, and today 4738 contract(s) were bought and sold.
• Regarding LYFT LYFT, we observe a call option trade with bearish sentiment. It expires in 42 day(s) on January 15, 2021. A trader bought 500 contract(s) at a $35.00 strike. The trader or institution spent $565.0K on this trade with a price of $1130.0 per contract. There were 11171 open contracts at this strike prior to today, and today 2619 contract(s) were bought and sold.
• For PLUG PLUG, we notice a call option sweep that happens to be bearish, expiring in 105 day(s) on March 19, 2021. A trader bought 264 contract(s) at a $37.00 strike. This particular call needed to be split into 3 different trades to become filled. The trader or institution spent $59.5K on this trade with a price of $226.0 per contract. There were 35 open contracts at this strike prior to today, and today 1592 contract(s) were bought and sold.
• For HYLN HYLN, we notice a call option sweep that happens to be bullish, expiring in 14 day(s) on December 18, 2020. A trader bought 507 contract(s) at a $21.00 strike. This particular call needed to be split into 21 different trades to become filled. The trader or institution spent $32.9K on this trade with a price of $65.0 per contract. There were 3145 open contracts at this strike prior to today, and today 1013 contract(s) were bought and sold.
• For AER AER, we notice a put option trade that happens to be bullish, expiring in 105 day(s) on March 19, 2021. A trader bought 450 contract(s) at a $40.00 strike. The trader or institution spent $189.0K on this trade with a price of $420.0 per contract. There were 10 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.
• Regarding AAL AAL, we observe a put option trade with bearish sentiment. It expires in 77 day(s) on February 19, 2021. A trader bought 300 contract(s) at a $13.00 strike. The trader or institution spent $27.3K on this trade with a price of $91.0 per contract. There were 12761 open contracts at this strike prior to today, and today 960 contract(s) were bought and sold.
• Regarding UPS UPS, we observe a call option sweep with bullish sentiment. It expires in 42 day(s) on January 15, 2021. A trader bought 400 contract(s) at a $165.00 strike. This particular call needed to be split into 37 different trades to become filled. The trader or institution spent $330.0K on this trade with a price of $825.0 per contract. There were 3135 open contracts at this strike prior to today, and today 550 contract(s) were bought and sold.
• For NLSN NLSN, we notice a call option sweep that happens to be bullish, expiring in 42 day(s) on January 15, 2021. A trader bought 297 contract(s) at a $16.00 strike. This particular call needed to be split into 14 different trades to become filled. The trader or institution spent $69.8K on this trade with a price of $235.0 per contract. There were 839 open contracts at this strike prior to today, and today 499 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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