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.
Below are some instances of unusual options activity happening in the Consumer Discretionary sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
BBIG | CALL | SWEEP | BEARISH | 09/17/21 | $10.00 | $65.1K | 31.9K | 63.3K |
DKNG | CALL | SWEEP | BULLISH | 09/03/21 | $60.00 | $28.5K | 24.8K | 21.3K |
NIO | CALL | SWEEP | BULLISH | 09/17/21 | $40.00 | $33.5K | 22.2K | 14.3K |
F | CALL | SWEEP | BEARISH | 09/17/21 | $14.00 | $38.2K | 128.7K | 13.4K |
PDD | CALL | TRADE | BULLISH | 09/17/21 | $120.00 | $36.3K | 3.3K | 11.0K |
CCL | CALL | SWEEP | BULLISH | 09/03/21 | $24.00 | $25.0K | 31.3K | 10.9K |
BABA | CALL | TRADE | BULLISH | 09/10/21 | $172.50 | $398.8K | 1.1K | 4.0K |
LCID | CALL | SWEEP | BULLISH | 09/17/21 | $19.00 | $33.3K | 447 | 3.0K |
JD | CALL | SWEEP | BULLISH | 09/17/21 | $82.50 | $38.8K | 11.9K | 1.4K |
JWN | PUT | SWEEP | BEARISH | 09/17/21 | $28.00 | $25.5K | 1.6K | 1.2K |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For BBIG BBIG, we notice a call option sweep that happens to be bearish, expiring in 16 day(s) on September 17, 2021. This event was a transfer of 237 contract(s) at a $10.00 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 $65.1K, with a price of $275.0 per contract. There were 31966 open contracts at this strike prior to today, and today 63347 contract(s) were bought and sold.
• Regarding DKNG DKNG, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on September 3, 2021. Parties traded 250 contract(s) at a $60.00 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 $28.5K, with a price of $114.0 per contract. There were 24874 open contracts at this strike prior to today, and today 21334 contract(s) were bought and sold.
• Regarding NIO NIO, we observe a call option sweep with bullish sentiment. It expires in 16 day(s) on September 17, 2021. Parties traded 250 contract(s) at a $40.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $33.5K, with a price of $134.0 per contract. There were 22229 open contracts at this strike prior to today, and today 14394 contract(s) were bought and sold.
• For F F, we notice a call option sweep that happens to be bearish, expiring in 16 day(s) on September 17, 2021. This event was a transfer of 3790 contract(s) at a $14.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $38.2K, with a price of $10.0 per contract. There were 128790 open contracts at this strike prior to today, and today 13401 contract(s) were bought and sold.
• For PDD PDD, we notice a call option trade that happens to be bullish, expiring in 16 day(s) on September 17, 2021. This event was a transfer of 214 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $36.3K, with a price of $170.0 per contract. There were 3364 open contracts at this strike prior to today, and today 11033 contract(s) were bought and sold.
• Regarding CCL CCL, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on September 3, 2021. Parties traded 1000 contract(s) at a $24.00 strike. This particular call needed to be split into 51 different trades to become filled. The total cost received by the writing party (or parties) was $25.0K, with a price of $25.0 per contract. There were 31306 open contracts at this strike prior to today, and today 10909 contract(s) were bought and sold.
• Regarding BABA BABA, we observe a call option trade with bullish sentiment. It expires in 9 day(s) on September 10, 2021. Parties traded 814 contract(s) at a $172.50 strike. The total cost received by the writing party (or parties) was $398.8K, with a price of $490.0 per contract. There were 1116 open contracts at this strike prior to today, and today 4015 contract(s) were bought and sold.
• Regarding LCID LCID, we observe a call option sweep with bullish sentiment. It expires in 16 day(s) on September 17, 2021. Parties traded 367 contract(s) at a $19.00 strike. This particular call needed to be split into 50 different trades to become filled. The total cost received by the writing party (or parties) was $33.3K, with a price of $91.0 per contract. There were 447 open contracts at this strike prior to today, and today 3076 contract(s) were bought and sold.
• For JD JD, we notice a call option sweep that happens to be bullish, expiring in 16 day(s) on September 17, 2021. This event was a transfer of 200 contract(s) at a $82.50 strike. This particular call needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $38.8K, with a price of $194.0 per contract. There were 11912 open contracts at this strike prior to today, and today 1490 contract(s) were bought and sold.
• Regarding JWN JWN, we observe a put option sweep with bearish sentiment. It expires in 16 day(s) on September 17, 2021. Parties traded 300 contract(s) at a $28.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $25.5K, with a price of $85.0 per contract. There were 1677 open contracts at this strike prior to today, and today 1273 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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