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 |
|---|---|---|---|---|---|---|---|---|
| CLF | CALL | TRADE | BEARISH | 08/06/21 | $25.00 | $28.5K | 3.5K | 4.5K |
| AA | CALL | SWEEP | BULLISH | 10/15/21 | $35.00 | $132.0K | 9.3K | 2.2K |
| VALE | CALL | TRADE | BULLISH | 09/17/21 | $23.00 | $39.3K | 15.9K | 1.7K |
| FCX | CALL | SWEEP | BEARISH | 01/21/22 | $40.00 | $81.0K | 16.4K | 1.7K |
| GSM | CALL | SWEEP | BEARISH | 03/18/22 | $7.00 | $26.7K | 4 | 1.0K |
| X | CALL | TRADE | BULLISH | 01/21/22 | $40.00 | $45.8K | 3.1K | 949 |
| RIO | PUT | TRADE | BULLISH | 08/20/21 | $85.00 | $44.0K | 1.3K | 572 |
| NUE | PUT | TRADE | BULLISH | 10/15/21 | $90.00 | $68.0K | 629 | 345 |
| DD | PUT | TRADE | NEUTRAL | 01/20/23 | $72.50 | $208.7K | 366 | 0 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding CLF CLF, we observe a call option trade with bearish sentiment. It expires in 8 day(s) on August 6, 2021. Parties traded 250 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $28.5K, with a price of $114.0 per contract. There were 3595 open contracts at this strike prior to today, and today 4505 contract(s) were bought and sold.
• Regarding AA AA, we observe a call option sweep with bullish sentiment. It expires in 78 day(s) on October 15, 2021. Parties traded 200 contract(s) at a $35.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $132.0K, with a price of $660.0 per contract. There were 9375 open contracts at this strike prior to today, and today 2266 contract(s) were bought and sold.
• For VALE VALE, we notice a call option trade that happens to be bullish, expiring in 50 day(s) on September 17, 2021. This event was a transfer of 492 contract(s) at a $23.00 strike. The total cost received by the writing party (or parties) was $39.3K, with a price of $80.0 per contract. There were 15979 open contracts at this strike prior to today, and today 1757 contract(s) were bought and sold.
• Regarding FCX FCX, we observe a call option sweep with bearish sentiment. It expires in 176 day(s) on January 21, 2022. Parties traded 200 contract(s) at a $40.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $81.0K, with a price of $405.0 per contract. There were 16411 open contracts at this strike prior to today, and today 1753 contract(s) were bought and sold.
• For GSM GSM, we notice a call option sweep that happens to be bearish, expiring in 232 day(s) on March 18, 2022. This event was a transfer of 223 contract(s) at a $7.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $120.0 per contract. There were 4 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.
• Regarding X X, we observe a call option trade with bullish sentiment. It expires in 176 day(s) on January 21, 2022. Parties traded 417 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $45.8K, with a price of $110.0 per contract. There were 3131 open contracts at this strike prior to today, and today 949 contract(s) were bought and sold.
• For RIO RIO, we notice a put option trade that happens to be bullish, expiring in 22 day(s) on August 20, 2021. This event was a transfer of 200 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $44.0K, with a price of $220.0 per contract. There were 1351 open contracts at this strike prior to today, and today 572 contract(s) were bought and sold.
• Regarding NUE NUE, we observe a put option trade with bullish sentiment. It expires in 78 day(s) on October 15, 2021. Parties traded 272 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $68.0K, with a price of $250.0 per contract. There were 629 open contracts at this strike prior to today, and today 345 contract(s) were bought and sold.
• Regarding DD DD, we observe a put option trade with neutral sentiment. It expires in 540 day(s) on January 20, 2023. Parties traded 250 contract(s) at a $72.50 strike. The total cost received by the writing party (or parties) was $208.7K, with a price of $835.0 per contract. There were 366 open contracts at this strike prior to today, and today 0 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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