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 |
|---|---|---|---|---|---|---|---|---|
| NIO | CALL | SWEEP | BEARISH | 01/08/21 | $55.00 | $68.6K | 25.3K | 53.8K |
| DKNG | CALL | SWEEP | BEARISH | 01/15/21 | $55.00 | $36.6K | 46.3K | 10.9K |
| TSLA | CALL | TRADE | BULLISH | 01/08/21 | $810.00 | $59.6K | 3.9K | 9.1K |
| QS | CALL | TRADE | BULLISH | 01/08/21 | $60.00 | $582.5K | 10.7K | 7.2K |
| GM | CALL | SWEEP | BULLISH | 03/19/21 | $50.00 | $480.9K | 13.9K | 6.2K |
| PRTS | CALL | SWEEP | BEARISH | 02/19/21 | $10.00 | $124.4K | 4.3K | 5.0K |
| YUM | CALL | TRADE | BEARISH | 01/21/22 | $115.00 | $561.0K | 71 | 2.5K |
| BABA | PUT | TRADE | BEARISH | 01/29/21 | $215.00 | $480.0K | 505 | 1.5K |
| WKHS | CALL | SWEEP | BEARISH | 01/22/21 | $31.00 | $28.8K | 8 | 1.5K |
| F | PUT | SWEEP | BULLISH | 01/21/22 | $7.00 | $32.0K | 86.5K | 1.1K |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For NIO NIO, we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on January 8, 2021. A trader bought 494 contract(s) at a $55.00 strike. This particular call needed to be split into 3 different trades to become filled. The trader or institution spent $68.6K on this trade with a price of $139.0 per contract. There were 25392 open contracts at this strike prior to today, and today 53859 contract(s) were bought and sold.
• For DKNG DKNG, we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on January 15, 2021. A trader bought 300 contract(s) at a $55.00 strike. This particular call needed to be split into 11 different trades to become filled. The trader or institution spent $36.6K on this trade with a price of $122.0 per contract. There were 46390 open contracts at this strike prior to today, and today 10967 contract(s) were bought and sold.
• For TSLA TSLA, we notice a call option trade that happens to be bullish, expiring in 2 day(s) on January 8, 2021. A trader bought 200 contract(s) at a $810.00 strike. The trader or institution spent $59.6K on this trade with a price of $298.0 per contract. There were 3923 open contracts at this strike prior to today, and today 9165 contract(s) were bought and sold.
• For QS QS, we notice a call option trade that happens to be bullish, expiring in 2 day(s) on January 8, 2021. A trader bought 500 contract(s) at a $60.00 strike. The trader or institution spent $582.5K on this trade with a price of $1165.0 per contract. There were 10727 open contracts at this strike prior to today, and today 7299 contract(s) were bought and sold.
• Regarding GM GM, we observe a call option sweep with bullish sentiment. It expires in 72 day(s) on March 19, 2021. A trader bought 4396 contract(s) at a $50.00 strike. This particular call needed to be split into 3 different trades to become filled. The trader or institution spent $480.9K on this trade with a price of $109.0 per contract. There were 13962 open contracts at this strike prior to today, and today 6285 contract(s) were bought and sold.
• Regarding PRTS PRTS, we observe a call option sweep with bearish sentiment. It expires in 44 day(s) on February 19, 2021. A trader bought 311 contract(s) at a $10.00 strike. This particular call needed to be split into 26 different trades to become filled. The trader or institution spent $124.4K on this trade with a price of $400.0 per contract. There were 4382 open contracts at this strike prior to today, and today 5082 contract(s) were bought and sold.
• For YUM YUM, we notice a call option trade that happens to be bearish, expiring in 380 day(s) on January 21, 2022. A trader bought 850 contract(s) at a $115.00 strike. The trader or institution spent $561.0K on this trade with a price of $660.0 per contract. There were 71 open contracts at this strike prior to today, and today 2500 contract(s) were bought and sold.
• Regarding BABA BABA, we observe a put option trade with bearish sentiment. It expires in 23 day(s) on January 29, 2021. A trader bought 1500 contract(s) at a $215.00 strike. The trader or institution spent $480.0K on this trade with a price of $320.0 per contract. There were 505 open contracts at this strike prior to today, and today 1523 contract(s) were bought and sold.
• Regarding WKHS WKHS, we observe a call option sweep with bearish sentiment. It expires in 16 day(s) on January 22, 2021. A trader bought 723 contract(s) at a $31.00 strike. This particular call needed to be split into 41 different trades to become filled. The trader or institution spent $28.8K on this trade with a price of $10.0 per contract. There were 8 open contracts at this strike prior to today, and today 1519 contract(s) were bought and sold.
• For F F, we notice a put option sweep that happens to be bullish, expiring in 380 day(s) on January 21, 2022. A trader bought 500 contract(s) at a $7.00 strike. This particular put needed to be split into 8 different trades to become filled. The trader or institution spent $32.0K on this trade with a price of $64.0 per contract. There were 86557 open contracts at this strike prior to today, and today 1105 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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