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 |
|---|---|---|---|---|---|---|---|---|
| TSLA | CALL | SWEEP | BEARISH | 02/05/21 | $1000.00 | $282.4K | 5.6K | 23.6K |
| GME | PUT | SWEEP | BEARISH | 04/16/21 | $10.00 | $30.0K | 19.1K | 7.1K |
| GNUS | CALL | TRADE | BULLISH | 04/16/21 | $2.00 | $415.6K | 10.8K | 6.3K |
| MCD | CALL | SWEEP | BULLISH | 02/19/21 | $220.00 | $71.5K | 5.8K | 5.7K |
| DKNG | CALL | SWEEP | BEARISH | 01/29/21 | $55.00 | $86.9K | 7.8K | 4.2K |
| EXPR | CALL | SWEEP | BULLISH | 02/19/21 | $6.00 | $35.9K | 15.4K | 3.2K |
| TJX | PUT | SWEEP | BULLISH | 03/19/21 | $62.50 | $401.3K | 2.2K | 1.7K |
| GM | CALL | SWEEP | BULLISH | 02/19/21 | $54.00 | $324.5K | 1.5K | 1.7K |
| NIO | CALL | SWEEP | BEARISH | 03/19/21 | $70.00 | $110.0K | 13.1K | 1.5K |
| BBBY | PUT | SWEEP | BULLISH | 03/19/21 | $19.00 | $87.7K | 1.8K | 1.2K |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding TSLA TSLA, we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on February 5, 2021. A trader bought 1012 contract(s) at a $1000.00 strike. This particular call needed to be split into 21 different trades to become filled. The trader or institution spent $282.4K on this trade with a price of $279.0 per contract. There were 5696 open contracts at this strike prior to today, and today 23626 contract(s) were bought and sold.
• For GME GME, we notice a put option sweep that happens to be bearish, expiring in 78 day(s) on April 16, 2021. A trader bought 300 contract(s) at a $10.00 strike. This particular put needed to be split into 31 different trades to become filled. The trader or institution spent $30.0K on this trade with a price of $100.0 per contract. There were 19138 open contracts at this strike prior to today, and today 7148 contract(s) were bought and sold.
• Regarding GNUS GNUS, we observe a call option trade with bullish sentiment. It expires in 78 day(s) on April 16, 2021. A trader bought 4285 contract(s) at a $2.00 strike. The trader or institution spent $415.6K on this trade with a price of $97.0 per contract. There were 10862 open contracts at this strike prior to today, and today 6364 contract(s) were bought and sold.
• Regarding MCD MCD, we observe a call option sweep with bullish sentiment. It expires in 22 day(s) on February 19, 2021. A trader bought 522 contract(s) at a $220.00 strike. This particular call needed to be split into 79 different trades to become filled. The trader or institution spent $71.5K on this trade with a price of $139.0 per contract. There were 5831 open contracts at this strike prior to today, and today 5764 contract(s) were bought and sold.
• For DKNG DKNG, we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on January 29, 2021. A trader bought 1159 contract(s) at a $55.00 strike. This particular call needed to be split into 6 different trades to become filled. The trader or institution spent $86.9K on this trade with a price of $75.0 per contract. There were 7835 open contracts at this strike prior to today, and today 4232 contract(s) were bought and sold.
• Regarding EXPR EXPR, we observe a call option sweep with bullish sentiment. It expires in 22 day(s) on February 19, 2021. A trader bought 202 contract(s) at a $6.00 strike. This particular call needed to be split into 8 different trades to become filled. The trader or institution spent $35.9K on this trade with a price of $180.0 per contract. There were 15407 open contracts at this strike prior to today, and today 3252 contract(s) were bought and sold.
• Regarding TJX TJX, we observe a put option sweep with bullish sentiment. It expires in 50 day(s) on March 19, 2021. A trader bought 1732 contract(s) at a $62.50 strike. This particular put needed to be split into 20 different trades to become filled. The trader or institution spent $401.3K on this trade with a price of $228.0 per contract. There were 2256 open contracts at this strike prior to today, and today 1738 contract(s) were bought and sold.
• For GM GM, we notice a call option sweep that happens to be bullish, expiring in 22 day(s) on February 19, 2021. A trader bought 1411 contract(s) at a $54.00 strike. This particular call needed to be split into 47 different trades to become filled. The trader or institution spent $324.5K on this trade with a price of $227.0 per contract. There were 1516 open contracts at this strike prior to today, and today 1705 contract(s) were bought and sold.
• Regarding NIO NIO, we observe a call option sweep with bearish sentiment. It expires in 50 day(s) on March 19, 2021. A trader bought 200 contract(s) at a $70.00 strike. This particular call needed to be split into 19 different trades to become filled. The trader or institution spent $110.0K on this trade with a price of $550.0 per contract. There were 13179 open contracts at this strike prior to today, and today 1588 contract(s) were bought and sold.
• For BBBY BBBY, we notice a put option sweep that happens to be bullish, expiring in 50 day(s) on March 19, 2021. A trader bought 585 contract(s) at a $19.00 strike. This particular put needed to be split into 55 different trades to become filled. The trader or institution spent $87.7K on this trade with a price of $150.0 per contract. There were 1851 open contracts at this strike prior to today, and today 1234 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.
