This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels.
Here's the list of options activity happening in today's session:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| BA | CALL | TRADE | BEARISH | 12/03/21 | $240.00 | $28.2K | 941 | 4.2K |
| BLDE | CALL | SWEEP | BEARISH | 02/18/22 | $10.00 | $48.3K | 472 | 1.8K |
| FTV | CALL | TRADE | BULLISH | 11/19/21 | $75.00 | $128.6K | 782 | 402 |
| SPR | CALL | SWEEP | BEARISH | 01/21/22 | $45.00 | $49.0K | 3.7K | 351 |
| UPS | CALL | TRADE | BEARISH | 11/19/21 | $210.00 | $31.5K | 3.8K | 265 |
| DE | PUT | TRADE | BEARISH | 01/21/22 | $360.00 | $31.8K | 825 | 172 |
| ENVX | CALL | TRADE | BEARISH | 11/19/21 | $30.00 | $27.4K | 1.3K | 129 |
| LYFT | CALL | TRADE | BULLISH | 01/20/23 | $65.00 | $30.0K | 6.1K | 50 |
| GE | CALL | SWEEP | BEARISH | 01/20/23 | $115.00 | $51.5K | 223 | 46 |
| CAT | CALL | TRADE | BEARISH | 11/26/21 | $190.00 | $26.5K | 36 | 21 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding BA BA, we observe a call option trade with bearish sentiment. It expires in 18 day(s) on December 3, 2021. Parties traded 60 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $28.2K, with a price of $470.0 per contract. There were 941 open contracts at this strike prior to today, and today 4293 contract(s) were bought and sold.
• Regarding BLDE BLDE, we observe a call option sweep with bearish sentiment. It expires in 95 day(s) on February 18, 2022. Parties traded 276 contract(s) at a $10.00 strike. This particular call needed to be split into 66 different trades to become filled. The total cost received by the writing party (or parties) was $48.3K, with a price of $175.0 per contract. There were 472 open contracts at this strike prior to today, and today 1800 contract(s) were bought and sold.
• Regarding FTV FTV, we observe a call option trade with bullish sentiment. It expires in 4 day(s) on November 19, 2021. Parties traded 402 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $128.6K, with a price of $320.0 per contract. There were 782 open contracts at this strike prior to today, and today 402 contract(s) were bought and sold.
• Regarding SPR SPR, we observe a call option sweep with bearish sentiment. It expires in 67 day(s) on January 21, 2022. Parties traded 100 contract(s) at a $45.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $49.0K, with a price of $490.0 per contract. There were 3725 open contracts at this strike prior to today, and today 351 contract(s) were bought and sold.
• Regarding UPS UPS, we observe a call option trade with bearish sentiment. It expires in 4 day(s) on November 19, 2021. Parties traded 100 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $31.5K, with a price of $315.0 per contract. There were 3898 open contracts at this strike prior to today, and today 265 contract(s) were bought and sold.
• Regarding DE DE, we observe a put option trade with bearish sentiment. It expires in 67 day(s) on January 21, 2022. Parties traded 18 contract(s) at a $360.00 strike. The total cost received by the writing party (or parties) was $31.8K, with a price of $1770.0 per contract. There were 825 open contracts at this strike prior to today, and today 172 contract(s) were bought and sold.
• Regarding ENVX ENVX, we observe a call option trade with bearish sentiment. It expires in 4 day(s) on November 19, 2021. Parties traded 100 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $27.4K, with a price of $274.0 per contract. There were 1340 open contracts at this strike prior to today, and today 129 contract(s) were bought and sold.
• For LYFT LYFT, we notice a call option trade that happens to be bullish, expiring in 431 day(s) on January 20, 2023. This event was a transfer of 50 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $600.0 per contract. There were 6155 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold.
• For GE GE, we notice a call option sweep that happens to be bearish, expiring in 431 day(s) on January 20, 2023. This event was a transfer of 46 contract(s) at a $115.00 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 $51.5K, with a price of $1120.0 per contract. There were 223 open contracts at this strike prior to today, and today 46 contract(s) were bought and sold.
• For CAT CAT, we notice a call option trade that happens to be bearish, expiring in 11 day(s) on November 26, 2021. This event was a transfer of 15 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $26.5K, with a price of $1767.0 per contract. There were 36 open contracts at this strike prior to today, and today 21 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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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