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 |
|---|---|---|---|---|---|---|---|---|
| AMC | CALL | TRADE | BULLISH | 01/29/21 | $5.00 | $173.0K | 71.5K | 38.9K |
| FB | CALL | SWEEP | BEARISH | 02/19/21 | $300.00 | $218.3K | 21.3K | 5.1K |
| SNAP | CALL | SWEEP | BEARISH | 02/19/21 | $70.00 | $25.4K | 22.7K | 4.6K |
| AMCX | PUT | TRADE | BULLISH | 03/19/21 | $35.00 | $150.0K | 4.5K | 3.5K |
| GOGO | CALL | TRADE | BEARISH | 03/19/21 | $16.00 | $50.0K | 3.1K | 2.1K |
| IQ | CALL | SWEEP | BULLISH | 06/18/21 | $25.00 | $157.5K | 14.2K | 1.5K |
| PINS | CALL | TRADE | BEARISH | 02/19/21 | $70.00 | $129.0K | 18.0K | 1.5K |
| TWTR | PUT | SWEEP | BULLISH | 02/19/21 | $40.00 | $46.0K | 7.5K | 1.1K |
| WB | CALL | SWEEP | BEARISH | 02/12/21 | $55.00 | $61.2K | 6 | 562 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For AMC AMC, we notice a call option trade that happens to be bullish, expiring in 2 day(s) on January 29, 2021. A trader bought 200 contract(s) at a $5.00 strike. The trader or institution spent $173.0K on this trade with a price of $865.0 per contract. There were 71589 open contracts at this strike prior to today, and today 38927 contract(s) were bought and sold.
• For FB FB, we notice a call option sweep that happens to be bearish, expiring in 23 day(s) on February 19, 2021. A trader bought 376 contract(s) at a $300.00 strike. This particular call needed to be split into 16 different trades to become filled. The trader or institution spent $218.3K on this trade with a price of $582.0 per contract. There were 21370 open contracts at this strike prior to today, and today 5121 contract(s) were bought and sold.
• For SNAP SNAP, we notice a call option sweep that happens to be bearish, expiring in 23 day(s) on February 19, 2021. A trader bought 254 contract(s) at a $70.00 strike. This particular call needed to be split into 15 different trades to become filled. The trader or institution spent $25.4K on this trade with a price of $100.0 per contract. There were 22726 open contracts at this strike prior to today, and today 4645 contract(s) were bought and sold.
• For AMCX AMCX, we notice a put option trade that happens to be bullish, expiring in 51 day(s) on March 19, 2021. A trader bought 1000 contract(s) at a $35.00 strike. The trader or institution spent $150.0K on this trade with a price of $150.0 per contract. There were 4507 open contracts at this strike prior to today, and today 3505 contract(s) were bought and sold.
• Regarding GOGO GOGO, we observe a call option trade with bearish sentiment. It expires in 51 day(s) on March 19, 2021. A trader bought 200 contract(s) at a $16.00 strike. The trader or institution spent $50.0K on this trade with a price of $250.0 per contract. There were 3141 open contracts at this strike prior to today, and today 2127 contract(s) were bought and sold.
• For IQ IQ, we notice a call option sweep that happens to be bullish, expiring in 142 day(s) on June 18, 2021. A trader bought 500 contract(s) at a $25.00 strike. This particular call needed to be split into 6 different trades to become filled. The trader or institution spent $157.5K on this trade with a price of $315.0 per contract. There were 14295 open contracts at this strike prior to today, and today 1558 contract(s) were bought and sold.
• Regarding PINS PINS, we observe a call option trade with bearish sentiment. It expires in 23 day(s) on February 19, 2021. A trader bought 200 contract(s) at a $70.00 strike. The trader or institution spent $129.0K on this trade with a price of $645.0 per contract. There were 18003 open contracts at this strike prior to today, and today 1529 contract(s) were bought and sold.
• Regarding TWTR TWTR, we observe a put option sweep with bullish sentiment. It expires in 23 day(s) on February 19, 2021. A trader bought 489 contract(s) at a $40.00 strike. This particular put needed to be split into 37 different trades to become filled. The trader or institution spent $46.0K on this trade with a price of $94.0 per contract. There were 7584 open contracts at this strike prior to today, and today 1148 contract(s) were bought and sold.
• For WB WB, we notice a call option sweep that happens to be bearish, expiring in 16 day(s) on February 12, 2021. A trader bought 272 contract(s) at a $55.00 strike. This particular call needed to be split into 30 different trades to become filled. The trader or institution spent $61.2K on this trade with a price of $225.0 per contract. There were 6 open contracts at this strike prior to today, and today 562 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.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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