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 |
|---|---|---|---|---|---|---|---|---|
| TSLA | CALL | SWEEP | BULLISH | 03/24/23 | $187.50 | $25.6K | 4.6K | 46.2K |
| ABNB | CALL | SWEEP | BULLISH | 05/19/23 | $125.00 | $39.6K | 280 | 602 |
| HD | CALL | TRADE | BEARISH | 06/16/23 | $285.00 | $37.5K | 235 | 503 |
| F | PUT | SWEEP | BULLISH | 07/21/23 | $12.00 | $42.9K | 4.4K | 457 |
| NKE | PUT | SWEEP | BULLISH | 04/21/23 | $120.00 | $27.0K | 9.8K | 415 |
| VFC | CALL | SWEEP | BULLISH | 06/16/23 | $17.50 | $31.1K | 40 | 153 |
| AAP | PUT | SWEEP | BULLISH | 01/19/24 | $85.00 | $86.2K | 33 | 144 |
| BURL | PUT | TRADE | BULLISH | 09/15/23 | $220.00 | $65.5K | 175 | 113 |
| KMX | PUT | SWEEP | BEARISH | 05/19/23 | $57.50 | $50.7K | 120 | 113 |
| DASH | PUT | SWEEP | BULLISH | 11/17/23 | $60.00 | $34.2K | 29 | 48 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For TSLA (NASDAQ:TSLA), we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 171 contract(s) at a $187.50 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $25.6K, with a price of $158.0 per contract. There were 4626 open contracts at this strike prior to today, and today 46253 contract(s) were bought and sold.
• Regarding ABNB (NASDAQ:ABNB), we observe a call option sweep with bullish sentiment. It expires in 56 day(s) on May 19, 2023. Parties traded 64 contract(s) at a $125.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $39.6K, with a price of $620.0 per contract. There were 280 open contracts at this strike prior to today, and today 602 contract(s) were bought and sold.
• Regarding HD (NYSE:HD), we observe a call option trade with bearish sentiment. It expires in 84 day(s) on June 16, 2023. Parties traded 25 contract(s) at a $285.00 strike. The total cost received by the writing party (or parties) was $37.5K, with a price of $1500.0 per contract. There were 235 open contracts at this strike prior to today, and today 503 contract(s) were bought and sold.
• For F (NYSE:F), we notice a put option sweep that happens to be bullish, expiring in 119 day(s) on July 21, 2023. This event was a transfer of 309 contract(s) at a $12.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $42.9K, with a price of $139.0 per contract. There were 4466 open contracts at this strike prior to today, and today 457 contract(s) were bought and sold.
• For NKE (NYSE:NKE), we notice a put option sweep that happens to be bullish, expiring in 28 day(s) on April 21, 2023. This event was a transfer of 71 contract(s) at a $120.00 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 $27.0K, with a price of $380.0 per contract. There were 9874 open contracts at this strike prior to today, and today 415 contract(s) were bought and sold.
• Regarding VFC (NYSE:VFC), we observe a call option sweep with bullish sentiment. It expires in 84 day(s) on June 16, 2023. Parties traded 82 contract(s) at a $17.50 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 $31.1K, with a price of $380.0 per contract. There were 40 open contracts at this strike prior to today, and today 153 contract(s) were bought and sold.
• For AAP (NYSE:AAP), we notice a put option sweep that happens to be bullish, expiring in 301 day(s) on January 19, 2024. This event was a transfer of 154 contract(s) at a $85.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $86.2K, with a price of $560.0 per contract. There were 33 open contracts at this strike prior to today, and today 144 contract(s) were bought and sold.
• For BURL (NYSE:BURL), we notice a put option trade that happens to be bullish, expiring in 175 day(s) on September 15, 2023. This event was a transfer of 21 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $65.5K, with a price of $3120.0 per contract. There were 175 open contracts at this strike prior to today, and today 113 contract(s) were bought and sold.
• For KMX (NYSE:KMX), we notice a put option sweep that happens to be bearish, expiring in 56 day(s) on May 19, 2023. This event was a transfer of 86 contract(s) at a $57.50 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 $50.7K, with a price of $590.0 per contract. There were 120 open contracts at this strike prior to today, and today 113 contract(s) were bought and sold.
• Regarding DASH (NYSE:DASH), we observe a put option sweep with bullish sentiment. It expires in 238 day(s) on November 17, 2023. Parties traded 31 contract(s) at a $60.00 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 $34.2K, with a price of $1105.0 per contract. There were 29 open contracts at this strike prior to today, and today 48 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.
