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 will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels.
Below are some instances of options activity happening in the Consumer Discretionary sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
TSLA | PUT | SWEEP | BULLISH | 12/02/22 | $192.50 | $116.8K | 5.7K | 104.8K |
CCL | CALL | SWEEP | BEARISH | 01/20/23 | $10.00 | $26.8K | 39.6K | 5.5K |
JD | CALL | TRADE | BEARISH | 01/20/23 | $80.00 | $255.0K | 4.1K | 3.2K |
BBBY | CALL | SWEEP | BEARISH | 01/20/23 | $5.00 | $26.9K | 14.1K | 2.7K |
SBUX | CALL | SWEEP | BEARISH | 06/16/23 | $105.00 | $27.5K | 277 | 1.9K |
WYNN | PUT | SWEEP | BEARISH | 06/16/23 | $52.50 | $42.8K | 1.0K | 1.4K |
RCL | PUT | SWEEP | BEARISH | 01/17/25 | $22.50 | $31.3K | 14.1K | 505 |
CSV | CALL | SWEEP | BULLISH | 04/21/23 | $15.00 | $97.6K | 200 | 450 |
DG | CALL | SWEEP | BULLISH | 12/09/22 | $242.50 | $30.0K | 49 | 337 |
BABA | PUT | TRADE | BEARISH | 01/19/24 | $80.00 | $51.7K | 5.5K | 187 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a put option sweep that happens to be bullish, is expiring today. Parties traded 1035 contract(s) at a $192.50 strike. This particular put needed to be split into 73 different trades to become filled. The total cost received by the writing party (or parties) was $116.8K, with a price of $110.0 per contract. There were 5774 open contracts at this strike prior to today, and today 104858 contract(s) were bought and sold.
• Regarding CCL CCL, we observe a call option sweep with bearish sentiment. It expires in 49 day(s) on January 20, 2023. Parties traded 274 contract(s) at a $10.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $26.8K, with a price of $98.0 per contract. There were 39618 open contracts at this strike prior to today, and today 5587 contract(s) were bought and sold.
• For JD JD, we notice a call option trade that happens to be bearish, expiring in 49 day(s) on January 20, 2023. This event was a transfer of 3036 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $255.0K, with a price of $84.0 per contract. There were 4164 open contracts at this strike prior to today, and today 3282 contract(s) were bought and sold.
• For BBBY BBBY, we notice a call option sweep that happens to be bearish, expiring in 49 day(s) on January 20, 2023. This event was a transfer of 400 contract(s) at a $5.00 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 $26.9K, with a price of $67.0 per contract. There were 14116 open contracts at this strike prior to today, and today 2770 contract(s) were bought and sold.
• For SBUX SBUX, we notice a call option sweep that happens to be bearish, expiring in 196 day(s) on June 16, 2023. This event was a transfer of 29 contract(s) at a $105.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $27.5K, with a price of $950.0 per contract. There were 277 open contracts at this strike prior to today, and today 1927 contract(s) were bought and sold.
• For WYNN WYNN, we notice a put option sweep that happens to be bearish, expiring in 196 day(s) on June 16, 2023. This event was a transfer of 205 contract(s) at a $52.50 strike. This particular put needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $42.8K, with a price of $209.0 per contract. There were 1007 open contracts at this strike prior to today, and today 1491 contract(s) were bought and sold.
• Regarding RCL RCL, we observe a put option sweep with bearish sentiment. It expires in 777 day(s) on January 17, 2025. Parties traded 98 contract(s) at a $22.50 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $31.3K, with a price of $320.0 per contract. There were 14107 open contracts at this strike prior to today, and today 505 contract(s) were bought and sold.
• Regarding CSV CSV, we observe a call option sweep with bullish sentiment. It expires in 140 day(s) on April 21, 2023. Parties traded 88 contract(s) at a $15.00 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 $97.6K, with a price of $1110.0 per contract. There were 200 open contracts at this strike prior to today, and today 450 contract(s) were bought and sold.
• Regarding DG DG, we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on December 9, 2022. Parties traded 91 contract(s) at a $242.50 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 $30.0K, with a price of $330.0 per contract. There were 49 open contracts at this strike prior to today, and today 337 contract(s) were bought and sold.
• For BABA BABA, we notice a put option trade that happens to be bearish, expiring in 413 day(s) on January 19, 2024. This event was a transfer of 40 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $51.7K, with a price of $1293.0 per contract. There were 5570 open contracts at this strike prior to today, and today 187 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.
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