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.
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 |
|---|---|---|---|---|---|---|---|---|
| COIN | CALL | SWEEP | BULLISH | 06/02/23 | $65.00 | $29.2K | 4.2K | 8.3K |
| UPST | PUT | SWEEP | BULLISH | 06/02/23 | $29.00 | $26.4K | 948 | 4.2K |
| BAC | PUT | SWEEP | BULLISH | 06/16/23 | $28.00 | $43.8K | 46.9K | 1.8K |
| HOOD | CALL | SWEEP | BULLISH | 01/17/25 | $20.00 | $33.5K | 6.7K | 1.3K |
| C | PUT | SWEEP | BULLISH | 06/16/23 | $45.00 | $43.1K | 51.0K | 888 |
| AXP | PUT | TRADE | BEARISH | 10/20/23 | $155.00 | $31.9K | 1.3K | 640 |
| BX | PUT | SWEEP | BULLISH | 01/19/24 | $85.00 | $214.8K | 2.1K | 247 |
| BLK | CALL | TRADE | BULLISH | 06/16/23 | $640.00 | $26.1K | 175 | 54 |
| MCO | CALL | TRADE | BEARISH | 12/15/23 | $180.00 | $44.4K | 0 | 3 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For COIN COIN, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on June 2, 2023. This event was a transfer of 220 contract(s) at a $65.00 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 $29.2K, with a price of $133.0 per contract. There were 4242 open contracts at this strike prior to today, and today 8349 contract(s) were bought and sold.
• For UPST UPST, we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on June 2, 2023. This event was a transfer of 970 contract(s) at a $29.00 strike. This particular put needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $26.4K, with a price of $27.0 per contract. There were 948 open contracts at this strike prior to today, and today 4237 contract(s) were bought and sold.
• For BAC BAC, we notice a put option sweep that happens to be bullish, expiring in 15 day(s) on June 16, 2023. This event was a transfer of 675 contract(s) at a $28.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $43.8K, with a price of $65.0 per contract. There were 46990 open contracts at this strike prior to today, and today 1857 contract(s) were bought and sold.
• For HOOD HOOD, we notice a call option sweep that happens to be bullish, expiring in 596 day(s) on January 17, 2025. This event was a transfer of 500 contract(s) at a $20.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $33.5K, with a price of $67.0 per contract. There were 6793 open contracts at this strike prior to today, and today 1357 contract(s) were bought and sold.
• Regarding C C, we observe a put option sweep with bullish sentiment. It expires in 15 day(s) on June 16, 2023. Parties traded 469 contract(s) at a $45.00 strike. This particular put needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $43.1K, with a price of $92.0 per contract. There were 51042 open contracts at this strike prior to today, and today 888 contract(s) were bought and sold.
• For AXP AXP, we notice a put option trade that happens to be bearish, expiring in 141 day(s) on October 20, 2023. This event was a transfer of 45 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $31.9K, with a price of $710.0 per contract. There were 1375 open contracts at this strike prior to today, and today 640 contract(s) were bought and sold.
• Regarding BX BX, we observe a put option sweep with bullish sentiment. It expires in 232 day(s) on January 19, 2024. Parties traded 240 contract(s) at a $85.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $214.8K, with a price of $895.0 per contract. There were 2172 open contracts at this strike prior to today, and today 247 contract(s) were bought and sold.
• Regarding BLK BLK, we observe a call option trade with bullish sentiment. It expires in 15 day(s) on June 16, 2023. Parties traded 8 contract(s) at a $640.00 strike. The total cost received by the writing party (or parties) was $26.1K, with a price of $3270.0 per contract. There were 175 open contracts at this strike prior to today, and today 54 contract(s) were bought and sold.
• For MCO MCO, we notice a call option trade that happens to be bearish, expiring in 197 day(s) on December 15, 2023. This event was a transfer of 3 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $44.4K, with a price of $14800.0 per contract. There were 0 open contracts at this strike prior to today, and today 3 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.
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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