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 | 01/29/21 | $63.00 | $65.0K | 9.2K | 24.3K |
| GME | PUT | TRADE | BULLISH | 01/29/21 | $40.00 | $245.2K | 10.9K | 17.0K |
| NKE | CALL | SWEEP | BEARISH | 02/19/21 | $140.00 | $52.4K | 2.8K | 9.5K |
| M | CALL | SWEEP | BEARISH | 01/29/21 | $14.00 | $54.5K | 3.6K | 7.8K |
| F | CALL | SWEEP | BULLISH | 01/21/22 | $10.00 | $69.3K | 278.1K | 5.0K |
| WKHS | CALL | TRADE | BEARISH | 01/29/21 | $24.00 | $32.2K | 2.5K | 3.3K |
| GSX | CALL | SWEEP | BULLISH | 04/16/21 | $165.00 | $253.6K | 322 | 3.2K |
| BLNK | PUT | TRADE | BULLISH | 06/18/21 | $20.00 | $325.6K | 1.9K | 1.1K |
| EXPE | CALL | SWEEP | BEARISH | 01/21/22 | $60.00 | $1.5 million | 2.3K | 964 |
| PENN | PUT | TRADE | BULLISH | 02/12/21 | $85.00 | $171.9K | 38 | 954 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding NIO NIO, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on January 29, 2021. A trader bought 499 contract(s) at a $63.00 strike. This particular call needed to be split into 79 different trades to become filled. The trader or institution spent $65.0K on this trade with a price of $131.0 per contract. There were 9281 open contracts at this strike prior to today, and today 24383 contract(s) were bought and sold.
• Regarding GME GME, we observe a put option trade with bullish sentiment. It expires in 4 day(s) on January 29, 2021. A trader bought 997 contract(s) at a $40.00 strike. The trader or institution spent $245.2K on this trade with a price of $246.0 per contract. There were 10925 open contracts at this strike prior to today, and today 17059 contract(s) were bought and sold.
• For NKE NKE, we notice a call option sweep that happens to be bearish, expiring in 25 day(s) on February 19, 2021. A trader bought 232 contract(s) at a $140.00 strike. This particular call needed to be split into 8 different trades to become filled. The trader or institution spent $52.4K on this trade with a price of $226.0 per contract. There were 2820 open contracts at this strike prior to today, and today 9562 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 29, 2021. A trader bought 616 contract(s) at a $14.00 strike. This particular call needed to be split into 32 different trades to become filled. The trader or institution spent $54.5K on this trade with a price of $88.0 per contract. There were 3646 open contracts at this strike prior to today, and today 7818 contract(s) were bought and sold.
• For F F, we notice a call option sweep that happens to be bullish, expiring in 361 day(s) on January 21, 2022. A trader bought 255 contract(s) at a $10.00 strike. This particular call needed to be split into 4 different trades to become filled. The trader or institution spent $69.3K on this trade with a price of $272.0 per contract. There were 278113 open contracts at this strike prior to today, and today 5015 contract(s) were bought and sold.
• Regarding WKHS WKHS, we observe a call option trade with bearish sentiment. It expires in 4 day(s) on January 29, 2021. A trader bought 339 contract(s) at a $24.00 strike. The trader or institution spent $32.2K on this trade with a price of $95.0 per contract. There were 2555 open contracts at this strike prior to today, and today 3311 contract(s) were bought and sold.
• For GSX GSX, we notice a call option sweep that happens to be bullish, expiring in 81 day(s) on April 16, 2021. A trader bought 854 contract(s) at a $165.00 strike. This particular call needed to be split into 7 different trades to become filled. The trader or institution spent $253.6K on this trade with a price of $219.0 per contract. There were 322 open contracts at this strike prior to today, and today 3299 contract(s) were bought and sold.
• For BLNK BLNK, we notice a put option trade that happens to be bullish, expiring in 144 day(s) on June 18, 2021. A trader bought 1100 contract(s) at a $20.00 strike. The trader or institution spent $325.6K on this trade with a price of $296.0 per contract. There were 1997 open contracts at this strike prior to today, and today 1109 contract(s) were bought and sold.
• For EXPE EXPE, we notice a call option sweep that happens to be bearish, expiring in 361 day(s) on January 21, 2022. A trader bought 200 contract(s) at a $60.00 strike. This particular call needed to be split into 7 different trades to become filled. The trader or institution spent $1.5 million on this trade with a price of $7640.0 per contract. There were 2343 open contracts at this strike prior to today, and today 964 contract(s) were bought and sold.
• Regarding PENN PENN, we observe a put option trade with bullish sentiment. It expires in 18 day(s) on February 12, 2021. A trader bought 950 contract(s) at a $85.00 strike. The trader or institution spent $171.9K on this trade with a price of $181.0 per contract. There were 38 open contracts at this strike prior to today, and today 954 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
