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 |
|---|---|---|---|---|---|---|---|---|
| NFLX | CALL | SWEEP | BULLISH | 01/22/21 | $600.00 | $62.4K | 5.9K | 40.0K |
| FB | CALL | SWEEP | BEARISH | 01/22/21 | $270.00 | $49.2K | 9.8K | 32.6K |
| SNAP | PUT | SWEEP | BULLISH | 02/19/21 | $48.00 | $205.1K | 4 | 10.1K |
| ZNGA | CALL | SWEEP | BEARISH | 06/18/21 | $10.00 | $27.6K | 3.6K | 7.0K |
| AMC | CALL | TRADE | BEARISH | 06/18/21 | $5.00 | $41.8K | 12.7K | 1.4K |
| SE | PUT | SWEEP | BEARISH | 03/19/21 | $150.00 | $52.5K | 0 | 500 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding NFLX NFLX, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on January 22, 2021. A trader bought 208 contract(s) at a $600.00 strike. This particular call needed to be split into 4 different trades to become filled. The trader or institution spent $62.4K on this trade with a price of $300.0 per contract. There were 5924 open contracts at this strike prior to today, and today 40082 contract(s) were bought and sold.
• Regarding FB FB, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on January 22, 2021. A trader bought 200 contract(s) at a $270.00 strike. This particular call needed to be split into 3 different trades to become filled. The trader or institution spent $49.2K on this trade with a price of $246.0 per contract. There were 9851 open contracts at this strike prior to today, and today 32668 contract(s) were bought and sold.
• Regarding SNAP SNAP, we observe a put option sweep with bullish sentiment. It expires in 30 day(s) on February 19, 2021. A trader bought 705 contract(s) at a $48.00 strike. This particular put needed to be split into 7 different trades to become filled. The trader or institution spent $205.1K on this trade with a price of $291.0 per contract. There were 4 open contracts at this strike prior to today, and today 10149 contract(s) were bought and sold.
• Regarding ZNGA ZNGA, we observe a call option sweep with bearish sentiment. It expires in 149 day(s) on June 18, 2021. A trader bought 219 contract(s) at a $10.00 strike. This particular call needed to be split into 18 different trades to become filled. The trader or institution spent $27.6K on this trade with a price of $126.0 per contract. There were 3696 open contracts at this strike prior to today, and today 7008 contract(s) were bought and sold.
• For AMC AMC, we notice a call option trade that happens to be bearish, expiring in 149 day(s) on June 18, 2021. A trader bought 487 contract(s) at a $5.00 strike. The trader or institution spent $41.8K on this trade with a price of $86.0 per contract. There were 12799 open contracts at this strike prior to today, and today 1457 contract(s) were bought and sold.
• For SE SE, we notice a put option sweep that happens to be bearish, expiring in 58 day(s) on March 19, 2021. A trader bought 500 contract(s) at a $150.00 strike. This particular put needed to be split into 15 different trades to become filled. The trader or institution spent $52.5K on this trade with a price of $105.0 per contract. There were 0 open contracts at this strike prior to today, and today 500 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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