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 |
|---|---|---|---|---|---|---|---|---|
| GM | CALL | SWEEP | BULLISH | 03/19/21 | $50.00 | $78.0K | 34.3K | 11.3K |
| GME | PUT | SWEEP | BULLISH | 03/19/21 | $10.00 | $37.5K | 14.9K | 9.1K |
| WKHS | PUT | TRADE | BEARISH | 01/29/21 | $35.00 | $48.0K | 84 | 1.9K |
| BBBY | CALL | TRADE | BULLISH | 01/21/22 | $10.00 | $1.1 million | 7.0K | 1.4K |
| LI | CALL | SWEEP | BEARISH | 02/19/21 | $40.00 | $26.2K | 6.5K | 1.1K |
| NLS | CALL | SWEEP | BEARISH | 02/19/21 | $25.00 | $44.0K | 3.6K | 983 |
| DAN | PUT | SWEEP | BEARISH | 03/19/21 | $18.00 | $26.0K | 33 | 923 |
| BLNK | PUT | TRADE | BEARISH | 01/29/21 | $55.00 | $63.0K | 483 | 850 |
| CHWY | CALL | TRADE | BULLISH | 02/19/21 | $135.00 | $68.7K | 1.1K | 544 |
| TSLA | PUT | TRADE | BULLISH | 03/19/21 | $500.00 | $106.4K | 8.6K | 433 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding GM GM, we observe a call option sweep with bullish sentiment. It expires in 51 day(s) on March 19, 2021. A trader bought 200 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 $78.0K on this trade with a price of $390.0 per contract. There were 34337 open contracts at this strike prior to today, and today 11337 contract(s) were bought and sold.
• Regarding GME GME, we observe a put option sweep with bullish sentiment. It expires in 51 day(s) on March 19, 2021. A trader bought 250 contract(s) at a $10.00 strike. This particular put needed to be split into 7 different trades to become filled. The trader or institution spent $37.5K on this trade with a price of $150.0 per contract. There were 14947 open contracts at this strike prior to today, and today 9195 contract(s) were bought and sold.
• For WKHS WKHS, we notice a put option trade that happens to be bearish, expiring in 2 day(s) on January 29, 2021. A trader bought 240 contract(s) at a $35.00 strike. The trader or institution spent $48.0K on this trade with a price of $200.0 per contract. There were 84 open contracts at this strike prior to today, and today 1910 contract(s) were bought and sold.
• For BBBY BBBY, we notice a call option trade that happens to be bullish, expiring in 359 day(s) on January 21, 2022. A trader bought 300 contract(s) at a $10.00 strike. The trader or institution spent $1.1 million on this trade with a price of $3700.0 per contract. There were 7041 open contracts at this strike prior to today, and today 1410 contract(s) were bought and sold.
• Regarding LI LI, we observe a call option sweep with bearish sentiment. It expires in 23 day(s) on February 19, 2021. A trader bought 205 contract(s) at a $40.00 strike. This particular call needed to be split into 20 different trades to become filled. The trader or institution spent $26.2K on this trade with a price of $128.0 per contract. There were 6525 open contracts at this strike prior to today, and today 1150 contract(s) were bought and sold.
• For NLS NLS, we notice a call option sweep that happens to be bearish, expiring in 23 day(s) on February 19, 2021. A trader bought 200 contract(s) at a $25.00 strike. This particular call needed to be split into 8 different trades to become filled. The trader or institution spent $44.0K on this trade with a price of $220.0 per contract. There were 3623 open contracts at this strike prior to today, and today 983 contract(s) were bought and sold.
• Regarding DAN DAN, we observe a put option sweep with bearish sentiment. It expires in 51 day(s) on March 19, 2021. A trader bought 237 contract(s) at a $18.00 strike. This particular put needed to be split into 4 different trades to become filled. The trader or institution spent $26.0K on this trade with a price of $110.0 per contract. There were 33 open contracts at this strike prior to today, and today 923 contract(s) were bought and sold.
• For BLNK BLNK, we notice a put option trade that happens to be bearish, expiring in 2 day(s) on January 29, 2021. A trader bought 200 contract(s) at a $55.00 strike. The trader or institution spent $63.0K on this trade with a price of $315.0 per contract. There were 483 open contracts at this strike prior to today, and today 850 contract(s) were bought and sold.
• For CHWY CHWY, we notice a call option trade that happens to be bullish, expiring in 23 day(s) on February 19, 2021. A trader bought 300 contract(s) at a $135.00 strike. The trader or institution spent $68.7K on this trade with a price of $229.0 per contract. There were 1156 open contracts at this strike prior to today, and today 544 contract(s) were bought and sold.
• For TSLA TSLA, we notice a put option trade that happens to be bullish, expiring in 51 day(s) on March 19, 2021. A trader bought 200 contract(s) at a $500.00 strike. The trader or institution spent $106.4K on this trade with a price of $532.0 per contract. There were 8686 open contracts at this strike prior to today, and today 433 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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