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 |
|---|---|---|---|---|---|---|---|---|
| CCJ | CALL | TRADE | BEARISH | 07/16/21 | $20.00 | $489.2K | 9.3K | 5.6K |
| SWN | CALL | SWEEP | BULLISH | 01/15/21 | $3.50 | $34.9K | 11.6K | 4.6K |
| EQT | PUT | SWEEP | BEARISH | 01/15/21 | $11.00 | $36.0K | 12.9K | 2.7K |
| CLNE | CALL | SWEEP | BULLISH | 01/21/22 | $10.00 | $170.0K | 8.5K | 2.1K |
| XEC | CALL | TRADE | BULLISH | 01/15/21 | $40.00 | $206.2K | 3.0K | 1.2K |
| OXY | CALL | SWEEP | BULLISH | 02/19/21 | $20.00 | $28.6K | 5.2K | 1.1K |
| AR | CALL | TRADE | BULLISH | 01/15/21 | $5.00 | $27.8K | 9.1K | 517 |
| GPRE | CALL | SWEEP | BEARISH | 01/21/22 | $20.00 | $48.0K | 9.5K | 500 |
| SLB | PUT | TRADE | BEARISH | 08/20/21 | $17.50 | $57.4K | 2 | 471 |
| VLO | PUT | SWEEP | BULLISH | 06/18/21 | $50.00 | $128.0K | 460 | 339 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding CCJ CCJ, we observe a call option trade with bearish sentiment. It expires in 205 day(s) on July 16, 2021. A trader bought 5623 contract(s) at a $20.00 strike. The trader or institution spent $489.2K on this trade with a price of $87.0 per contract. There were 9384 open contracts at this strike prior to today, and today 5695 contract(s) were bought and sold.
• Regarding SWN SWN, we observe a call option sweep with bullish sentiment. It expires in 23 day(s) on January 15, 2021. A trader bought 817 contract(s) at a $3.50 strike. This particular call needed to be split into 4 different trades to become filled. The trader or institution spent $34.9K on this trade with a price of $43.0 per contract. There were 11676 open contracts at this strike prior to today, and today 4625 contract(s) were bought and sold.
• For EQT EQT, we notice a put option sweep that happens to be bearish, expiring in 23 day(s) on January 15, 2021. A trader bought 2387 contract(s) at a $11.00 strike. This particular put needed to be split into 44 different trades to become filled. The trader or institution spent $36.0K on this trade with a price of $15.0 per contract. There were 12923 open contracts at this strike prior to today, and today 2749 contract(s) were bought and sold.
• Regarding CLNE CLNE, we observe a call option sweep with bullish sentiment. It expires in 394 day(s) on January 21, 2022. A trader bought 500 contract(s) at a $10.00 strike. This particular call needed to be split into 10 different trades to become filled. The trader or institution spent $170.0K on this trade with a price of $340.0 per contract. There were 8533 open contracts at this strike prior to today, and today 2103 contract(s) were bought and sold.
• For XEC XEC, we notice a call option trade that happens to be bullish, expiring in 23 day(s) on January 15, 2021. A trader bought 1250 contract(s) at a $40.00 strike. The trader or institution spent $206.2K on this trade with a price of $165.0 per contract. There were 3050 open contracts at this strike prior to today, and today 1257 contract(s) were bought and sold.
• Regarding OXY OXY, we observe a call option sweep with bullish sentiment. It expires in 58 day(s) on February 19, 2021. A trader bought 200 contract(s) at a $20.00 strike. This particular call needed to be split into 14 different trades to become filled. The trader or institution spent $28.6K on this trade with a price of $143.0 per contract. There were 5225 open contracts at this strike prior to today, and today 1194 contract(s) were bought and sold.
• For AR AR, we notice a call option trade that happens to be bullish, expiring in 23 day(s) on January 15, 2021. A trader bought 265 contract(s) at a $5.00 strike. The trader or institution spent $27.8K on this trade with a price of $105.0 per contract. There were 9159 open contracts at this strike prior to today, and today 517 contract(s) were bought and sold.
• For GPRE GPRE, we notice a call option sweep that happens to be bearish, expiring in 394 day(s) on January 21, 2022. A trader bought 300 contract(s) at a $20.00 strike. This particular call needed to be split into 16 different trades to become filled. The trader or institution spent $48.0K on this trade with a price of $160.0 per contract. There were 9518 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.
• Regarding SLB SLB, we observe a put option trade with bearish sentiment. It expires in 240 day(s) on August 20, 2021. A trader bought 391 contract(s) at a $17.50 strike. The trader or institution spent $57.4K on this trade with a price of $147.0 per contract. There were 2 open contracts at this strike prior to today, and today 471 contract(s) were bought and sold.
• For VLO VLO, we notice a put option sweep that happens to be bullish, expiring in 177 day(s) on June 18, 2021. A trader bought 235 contract(s) at a $50.00 strike. This particular put needed to be split into 16 different trades to become filled. The trader or institution spent $128.0K on this trade with a price of $545.0 per contract. There were 460 open contracts at this strike prior to today, and today 339 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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