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 |
|---|---|---|---|---|---|---|---|---|
| UBER | CALL | SWEEP | BULLISH | 01/15/21 | $55.00 | $93.3K | 58.8K | 10.7K |
| PLUG | CALL | SWEEP | BEARISH | 12/18/20 | $30.00 | $57.5K | 40.7K | 9.8K |
| AAL | CALL | SWEEP | BEARISH | 12/18/20 | $20.00 | $36.1K | 27.2K | 6.7K |
| NKLA | CALL | SWEEP | BEARISH | 12/18/20 | $23.50 | $39.0K | 10.8K | 5.7K |
| GE | CALL | SWEEP | BEARISH | 01/21/22 | $15.00 | $57.0K | 105.0K | 5.6K |
| SPCE | CALL | SWEEP | BEARISH | 01/15/21 | $30.00 | $337.5K | 17.2K | 3.5K |
| DAL | PUT | TRADE | BULLISH | 12/18/20 | $41.00 | $55.6K | 4.3K | 1.0K |
| EMR | CALL | SWEEP | BEARISH | 01/21/22 | $80.00 | $1.0 million | 1.1K | 1.0K |
| LYFT | PUT | TRADE | BULLISH | 01/22/21 | $45.00 | $45.0K | 19 | 847 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding UBER UBER, we observe a call option sweep with bullish sentiment. It expires in 37 day(s) on January 15, 2021. A trader bought 246 contract(s) at a $55.00 strike. This particular call needed to be split into 7 different trades to become filled. The trader or institution spent $93.3K on this trade with a price of $375.0 per contract. There were 58804 open contracts at this strike prior to today, and today 10728 contract(s) were bought and sold.
• Regarding PLUG PLUG, we observe a call option sweep with bearish sentiment. It expires in 9 day(s) on December 18, 2020. A trader bought 575 contract(s) at a $30.00 strike. This particular call needed to be split into 6 different trades to become filled. The trader or institution spent $57.5K on this trade with a price of $100.0 per contract. There were 40782 open contracts at this strike prior to today, and today 9823 contract(s) were bought and sold.
• For AAL AAL, we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on December 18, 2020. A trader bought 770 contract(s) at a $20.00 strike. This particular call needed to be split into 46 different trades to become filled. The trader or institution spent $36.1K on this trade with a price of $47.0 per contract. There were 27287 open contracts at this strike prior to today, and today 6782 contract(s) were bought and sold.
• Regarding NKLA NKLA, we observe a call option sweep with bearish sentiment. It expires in 9 day(s) on December 18, 2020. A trader bought 1112 contract(s) at a $23.50 strike. This particular call needed to be split into 110 different trades to become filled. The trader or institution spent $39.0K on this trade with a price of $35.0 per contract. There were 10847 open contracts at this strike prior to today, and today 5714 contract(s) were bought and sold.
• For GE GE, we notice a call option sweep that happens to be bearish, expiring in 408 day(s) on January 21, 2022. A trader bought 496 contract(s) at a $15.00 strike. This particular call needed to be split into 29 different trades to become filled. The trader or institution spent $57.0K on this trade with a price of $115.0 per contract. There were 105001 open contracts at this strike prior to today, and today 5623 contract(s) were bought and sold.
• For SPCE SPCE, we notice a call option sweep that happens to be bearish, expiring in 37 day(s) on January 15, 2021. A trader bought 500 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 $337.5K on this trade with a price of $675.0 per contract. There were 17268 open contracts at this strike prior to today, and today 3543 contract(s) were bought and sold.
• For DAL DAL, we notice a put option trade that happens to be bullish, expiring in 9 day(s) on December 18, 2020. A trader bought 830 contract(s) at a $41.00 strike. The trader or institution spent $55.6K on this trade with a price of $67.0 per contract. There were 4369 open contracts at this strike prior to today, and today 1017 contract(s) were bought and sold.
• For EMR EMR, we notice a call option sweep that happens to be bearish, expiring in 408 day(s) on January 21, 2022. A trader bought 995 contract(s) at a $80.00 strike. This particular call needed to be split into 3 different trades to become filled. The trader or institution spent $1.0 million on this trade with a price of $1015.0 per contract. There were 1148 open contracts at this strike prior to today, and today 1011 contract(s) were bought and sold.
• Regarding LYFT LYFT, we observe a put option trade with bullish sentiment. It expires in 44 day(s) on January 22, 2021. A trader bought 200 contract(s) at a $45.00 strike. The trader or institution spent $45.0K on this trade with a price of $225.0 per contract. There were 19 open contracts at this strike prior to today, and today 847 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 about unusual options activity.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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