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 | BEARISH | 03/17/23 | $180.00 | $42.3K | 27.2K | 95.1K |
BABA | CALL | SWEEP | BULLISH | 03/17/23 | $86.00 | $66.9K | 2.3K | 4.0K |
JD | CALL | SWEEP | BULLISH | 04/21/23 | $45.00 | $62.4K | 12.0K | 3.3K |
AMZN | CALL | SWEEP | BEARISH | 04/21/23 | $95.00 | $105.0K | 32.1K | 2.8K |
CCL | PUT | SWEEP | BULLISH | 03/17/23 | $9.00 | $45.0K | 50.6K | 1.9K |
RIVN | CALL | SWEEP | BULLISH | 09/15/23 | $17.50 | $102.3K | 2.6K | 724 |
NIO | PUT | SWEEP | BEARISH | 03/24/23 | $9.50 | $33.3K | 1.8K | 709 |
HELE | PUT | SWEEP | BEARISH | 03/17/23 | $90.00 | $70.0K | 147 | 656 |
HD | CALL | TRADE | NEUTRAL | 04/21/23 | $290.00 | $77.6K | 1.4K | 501 |
VFC | PUT | TRADE | NEUTRAL | 04/21/23 | $25.00 | $44.0K | 2.2K | 357 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA TSLA, we observe a put option sweep with bearish sentiment. It expires in 3 day(s) on March 17, 2023. Parties traded 142 contract(s) at a $180.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $42.3K, with a price of $296.0 per contract. There were 27293 open contracts at this strike prior to today, and today 95116 contract(s) were bought and sold.
• For BABA BABA, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on March 17, 2023. This event was a transfer of 1001 contract(s) at a $86.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $66.9K, with a price of $64.0 per contract. There were 2328 open contracts at this strike prior to today, and today 4029 contract(s) were bought and sold.
• Regarding JD JD, we observe a call option sweep with bullish sentiment. It expires in 38 day(s) on April 21, 2023. Parties traded 701 contract(s) at a $45.00 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 $62.4K, with a price of $89.0 per contract. There were 12047 open contracts at this strike prior to today, and today 3305 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a call option sweep with bearish sentiment. It expires in 38 day(s) on April 21, 2023. Parties traded 250 contract(s) at a $95.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $105.0K, with a price of $420.0 per contract. There were 32135 open contracts at this strike prior to today, and today 2832 contract(s) were bought and sold.
• For CCL CCL, we notice a put option sweep that happens to be bullish, expiring in 3 day(s) on March 17, 2023. This event was a transfer of 3000 contract(s) at a $9.00 strike. This particular put needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $45.0K, with a price of $15.0 per contract. There were 50638 open contracts at this strike prior to today, and today 1902 contract(s) were bought and sold.
• Regarding RIVN RIVN, we observe a call option sweep with bullish sentiment. It expires in 185 day(s) on September 15, 2023. Parties traded 591 contract(s) at a $17.50 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 $102.3K, with a price of $173.0 per contract. There were 2685 open contracts at this strike prior to today, and today 724 contract(s) were bought and sold.
• For NIO NIO, we notice a put option sweep that happens to be bearish, expiring in 10 day(s) on March 24, 2023. This event was a transfer of 278 contract(s) at a $9.50 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $33.3K, with a price of $120.0 per contract. There were 1826 open contracts at this strike prior to today, and today 709 contract(s) were bought and sold.
• Regarding HELE HELE, we observe a put option sweep with bearish sentiment. It expires in 3 day(s) on March 17, 2023. Parties traded 511 contract(s) at a $90.00 strike. This particular put needed to be split into 75 different trades to become filled. The total cost received by the writing party (or parties) was $70.0K, with a price of $145.0 per contract. There were 147 open contracts at this strike prior to today, and today 656 contract(s) were bought and sold.
• For HD HD, we notice a call option trade that happens to be neutral, expiring in 38 day(s) on April 21, 2023. This event was a transfer of 100 contract(s) at a $290.00 strike. The total cost received by the writing party (or parties) was $77.6K, with a price of $776.0 per contract. There were 1491 open contracts at this strike prior to today, and today 501 contract(s) were bought and sold.
• Regarding VFC VFC, we observe a put option trade with neutral sentiment. It expires in 38 day(s) on April 21, 2023. Parties traded 100 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $44.0K, with a price of $440.0 per contract. There were 2222 open contracts at this strike prior to today, and today 357 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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