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 |
|---|---|---|---|---|---|---|---|---|
| NIO | CALL | SWEEP | BULLISH | 01/15/21 | $70.00 | $52.2K | 41.1K | 78.2K |
| GM | CALL | TRADE | BEARISH | 02/19/21 | $50.00 | $64.3K | 1.6K | 13.0K |
| DKNG | CALL | SWEEP | NEUTRAL | 01/15/21 | $55.00 | $67.4K | 51.0K | 12.6K |
| BABA | CALL | SWEEP | BULLISH | 01/15/21 | $240.00 | $29.4K | 21.1K | 9.9K |
| PENN | CALL | SWEEP | BULLISH | 01/15/21 | $75.00 | $738.5K | 7.5K | 6.8K |
| GME | CALL | SWEEP | BULLISH | 01/15/21 | $22.00 | $31.4K | 9.7K | 4.1K |
| TSLA | PUT | SWEEP | BULLISH | 01/15/21 | $720.00 | $99.5K | 8.7K | 3.9K |
| M | CALL | SWEEP | BEARISH | 01/15/21 | $12.00 | $27.4K | 15.1K | 2.3K |
| F | CALL | TRADE | BULLISH | 01/21/22 | $7.00 | $56.8K | 88.9K | 2.2K |
| SWBI | CALL | SWEEP | BULLISH | 03/19/21 | $25.00 | $106.0K | 1.2K | 1.0K |
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 bullish, expiring in 4 day(s) on January 15, 2021. A trader bought 341 contract(s) at a $70.00 strike. This particular call needed to be split into 17 different trades to become filled. The trader or institution spent $52.2K on this trade with a price of $153.0 per contract. There were 41173 open contracts at this strike prior to today, and today 78238 contract(s) were bought and sold.
• For GM GM, we notice a call option trade that happens to be bearish, expiring in 39 day(s) on February 19, 2021. A trader bought 484 contract(s) at a $50.00 strike. The trader or institution spent $64.3K on this trade with a price of $133.0 per contract. There were 1636 open contracts at this strike prior to today, and today 13026 contract(s) were bought and sold.
• Regarding DKNG DKNG, we observe a call option sweep with neutral sentiment. It expires in 4 day(s) on January 15, 2021. A trader bought 501 contract(s) at a $55.00 strike. This particular call needed to be split into 25 different trades to become filled. The trader or institution spent $67.4K on this trade with a price of $135.0 per contract. There were 51096 open contracts at this strike prior to today, and today 12635 contract(s) were bought and sold.
• Regarding BABA BABA, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on January 15, 2021. A trader bought 203 contract(s) at a $240.00 strike. This particular call needed to be split into 5 different trades to become filled. The trader or institution spent $29.4K on this trade with a price of $145.0 per contract. There were 21138 open contracts at this strike prior to today, and today 9923 contract(s) were bought and sold.
• For PENN PENN, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on January 15, 2021. A trader bought 299 contract(s) at a $75.00 strike. This particular call needed to be split into 4 different trades to become filled. The trader or institution spent $738.5K on this trade with a price of $2470.0 per contract. There were 7562 open contracts at this strike prior to today, and today 6836 contract(s) were bought and sold.
• For GME GME, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on January 15, 2021. A trader bought 572 contract(s) at a $22.00 strike. This particular call needed to be split into 3 different trades to become filled. The trader or institution spent $31.4K on this trade with a price of $55.0 per contract. There were 9745 open contracts at this strike prior to today, and today 4184 contract(s) were bought and sold.
• For TSLA TSLA, we notice a put option sweep that happens to be bullish, expiring in 4 day(s) on January 15, 2021. A trader bought 297 contract(s) at a $720.00 strike. This particular put needed to be split into 63 different trades to become filled. The trader or institution spent $99.5K on this trade with a price of $335.0 per contract. There were 8707 open contracts at this strike prior to today, and today 3925 contract(s) were bought and sold.
• For M M, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on January 15, 2021. A trader bought 435 contract(s) at a $12.00 strike. This particular call needed to be split into 24 different trades to become filled. The trader or institution spent $27.4K on this trade with a price of $63.0 per contract. There were 15183 open contracts at this strike prior to today, and today 2395 contract(s) were bought and sold.
• Regarding F F, we observe a call option trade with bullish sentiment. It expires in 375 day(s) on January 21, 2022. A trader bought 200 contract(s) at a $7.00 strike. The trader or institution spent $56.8K on this trade with a price of $284.0 per contract. There were 88977 open contracts at this strike prior to today, and today 2239 contract(s) were bought and sold.
• Regarding SWBI SWBI, we observe a call option sweep with bullish sentiment. It expires in 67 day(s) on March 19, 2021. A trader bought 848 contract(s) at a $25.00 strike. This particular call needed to be split into 35 different trades to become filled. The trader or institution spent $106.0K on this trade with a price of $125.0 per contract. There were 1266 open contracts at this strike prior to today, and today 1033 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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