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 |
|---|---|---|---|---|---|---|---|---|
| PLUG | CALL | SWEEP | BULLISH | 12/18/20 | $30.00 | $35.2K | 9.8K | 32.2K |
| UBER | CALL | SWEEP | BEARISH | 01/15/21 | $55.00 | $202.8K | 29.7K | 31.0K |
| NKLA | CALL | SWEEP | BEARISH | 12/18/20 | $23.50 | $38.2K | 146 | 17.5K |
| SPCE | CALL | SWEEP | BEARISH | 01/15/21 | $35.00 | $105.0K | 45.7K | 8.3K |
| BA | CALL | SWEEP | BULLISH | 02/19/21 | $250.00 | $379.5K | 7.0K | 2.4K |
| FCEL | CALL | SWEEP | BULLISH | 12/18/20 | $7.00 | $35.4K | 5.4K | 1.8K |
| ADT | CALL | TRADE | BEARISH | 02/19/21 | $7.50 | $29.8K | 3.1K | 545 |
| LYFT | PUT | TRADE | BULLISH | 01/15/21 | $47.50 | $93.6K | 613 | 501 |
| AAL | PUT | SWEEP | BULLISH | 01/21/22 | $8.00 | $30.7K | 166.5K | 261 |
Explanation
These itemized elaboration has been created using the accompanying table.
• Regarding PLUG PLUG, we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on December 18, 2020. A trader bought 252 contract(s) at a $30.00 strike. This particular call needed to be split into 8 different trades to become filled. The trader or institution spent $35.2K on this trade with a price of $140.0 per contract. There were 9864 open contracts at this strike prior to today, and today 32201 contract(s) were bought and sold.
• For UBER UBER, we notice a call option sweep that happens to be bearish, expiring in 38 day(s) on January 15, 2021. A trader bought 676 contract(s) at a $55.00 strike. This particular call needed to be split into 37 different trades to become filled. The trader or institution spent $202.8K on this trade with a price of $300.0 per contract. There were 29797 open contracts at this strike prior to today, and today 31034 contract(s) were bought and sold.
• Regarding NKLA NKLA, we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on December 18, 2020. A trader bought 847 contract(s) at a $23.50 strike. This particular call needed to be split into 62 different trades to become filled. The trader or institution spent $38.2K on this trade with a price of $45.0 per contract. There were 146 open contracts at this strike prior to today, and today 17555 contract(s) were bought and sold.
• For SPCE SPCE, we notice a call option sweep that happens to be bearish, expiring in 38 day(s) on January 15, 2021. A trader bought 250 contract(s) at a $35.00 strike. This particular call needed to be split into 4 different trades to become filled. The trader or institution spent $105.0K on this trade with a price of $420.0 per contract. There were 45736 open contracts at this strike prior to today, and today 8303 contract(s) were bought and sold.
• For BA BA, we notice a call option sweep that happens to be bullish, expiring in 73 day(s) on February 19, 2021. A trader bought 220 contract(s) at a $250.00 strike. This particular call needed to be split into 4 different trades to become filled. The trader or institution spent $379.5K on this trade with a price of $1725.0 per contract. There were 7017 open contracts at this strike prior to today, and today 2485 contract(s) were bought and sold.
• Regarding FCEL FCEL, we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on December 18, 2020. A trader bought 200 contract(s) at a $7.00 strike. This particular call needed to be split into 20 different trades to become filled. The trader or institution spent $35.4K on this trade with a price of $179.0 per contract. There were 5436 open contracts at this strike prior to today, and today 1802 contract(s) were bought and sold.
• For ADT ADT, we notice a call option trade that happens to be bearish, expiring in 73 day(s) on February 19, 2021. A trader bought 245 contract(s) at a $7.50 strike. The trader or institution spent $29.8K on this trade with a price of $122.0 per contract. There were 3127 open contracts at this strike prior to today, and today 545 contract(s) were bought and sold.
• Regarding LYFT LYFT, we observe a put option trade with bullish sentiment. It expires in 38 day(s) on January 15, 2021. A trader bought 253 contract(s) at a $47.50 strike. The trader or institution spent $93.6K on this trade with a price of $370.0 per contract. There were 613 open contracts at this strike prior to today, and today 501 contract(s) were bought and sold.
• For AAL AAL, we notice a put option sweep that happens to be bullish, expiring in 409 day(s) on January 21, 2022. A trader bought 238 contract(s) at a $8.00 strike. This particular put needed to be split into 21 different trades to become filled. The trader or institution spent $30.7K on this trade with a price of $129.0 per contract. There were 166510 open contracts at this strike prior to today, and today 261 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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