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 |
|---|---|---|---|---|---|---|---|---|
| CCL | PUT | TRADE | BEARISH | 03/17/23 | $11.00 | $84.5K | 3.9K | 15.3K |
| AMZN | PUT | SWEEP | BEARISH | 11/18/22 | $100.00 | $34.1K | 35.8K | 9.9K |
| TSLA | CALL | SWEEP | BULLISH | 11/25/22 | $195.00 | $81.0K | 1.8K | 5.8K |
| MGM | CALL | TRADE | BEARISH | 06/16/23 | $38.00 | $26.1K | 34 | 5.0K |
| BABA | CALL | SWEEP | BULLISH | 01/20/23 | $100.00 | $25.8K | 29.1K | 1.6K |
| HD | CALL | TRADE | BULLISH | 01/20/23 | $320.00 | $1.4 million | 4.3K | 1.3K |
| PTON | PUT | TRADE | BULLISH | 01/20/23 | $10.00 | $25.6K | 6.0K | 1.0K |
| JD | CALL | TRADE | BEARISH | 03/17/23 | $75.00 | $181.0K | 18.8K | 1.0K |
| RH | PUT | SWEEP | BULLISH | 12/16/22 | $260.00 | $151.5K | 991 | 761 |
| MCD | PUT | TRADE | BEARISH | 01/20/23 | $270.00 | $55.2K | 4.2K | 722 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding CCL (NYSE:CCL), we observe a put option trade with bearish sentiment. It expires in 123 day(s) on March 17, 2023. Parties traded 457 contract(s) at a $11.00 strike. The total cost received by the writing party (or parties) was $84.5K, with a price of $185.0 per contract. There were 3926 open contracts at this strike prior to today, and today 15390 contract(s) were bought and sold.
• Regarding AMZN (NASDAQ:AMZN), we observe a put option sweep with bearish sentiment. It expires in 4 day(s) on November 18, 2022. Parties traded 122 contract(s) at a $100.00 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 $34.1K, with a price of $280.0 per contract. There were 35824 open contracts at this strike prior to today, and today 9926 contract(s) were bought and sold.
• Regarding TSLA (NASDAQ:TSLA), we observe a call option sweep with bullish sentiment. It expires in 11 day(s) on November 25, 2022. Parties traded 100 contract(s) at a $195.00 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 $81.0K, with a price of $810.0 per contract. There were 1829 open contracts at this strike prior to today, and today 5823 contract(s) were bought and sold.
• For MGM (NYSE:MGM), we notice a call option trade that happens to be bearish, expiring in 214 day(s) on June 16, 2023. This event was a transfer of 48 contract(s) at a $38.00 strike. The total cost received by the writing party (or parties) was $26.1K, with a price of $545.0 per contract. There were 34 open contracts at this strike prior to today, and today 5059 contract(s) were bought and sold.
• Regarding BABA (NYSE:BABA), we observe a call option sweep with bullish sentiment. It expires in 67 day(s) on January 20, 2023. Parties traded 200 contract(s) at a $100.00 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 $25.8K, with a price of $129.0 per contract. There were 29177 open contracts at this strike prior to today, and today 1651 contract(s) were bought and sold.
• Regarding HD (NYSE:HD), we observe a call option trade with bullish sentiment. It expires in 67 day(s) on January 20, 2023. Parties traded 1240 contract(s) at a $320.00 strike. The total cost received by the writing party (or parties) was $1.4 million, with a price of $1205.0 per contract. There were 4329 open contracts at this strike prior to today, and today 1317 contract(s) were bought and sold.
• For PTON (NASDAQ:PTON), we notice a put option trade that happens to be bullish, expiring in 67 day(s) on January 20, 2023. This event was a transfer of 200 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $25.6K, with a price of $128.0 per contract. There were 6057 open contracts at this strike prior to today, and today 1017 contract(s) were bought and sold.
• For JD (NASDAQ:JD), we notice a call option trade that happens to be bearish, expiring in 123 day(s) on March 17, 2023. This event was a transfer of 1000 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $181.0K, with a price of $181.0 per contract. There were 18846 open contracts at this strike prior to today, and today 1015 contract(s) were bought and sold.
• For RH (NYSE:RH), we notice a put option sweep that happens to be bullish, expiring in 32 day(s) on December 16, 2022. This event was a transfer of 117 contract(s) at a $260.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $151.5K, with a price of $1300.0 per contract. There were 991 open contracts at this strike prior to today, and today 761 contract(s) were bought and sold.
• Regarding MCD (NYSE:MCD), we observe a put option trade with bearish sentiment. It expires in 67 day(s) on January 20, 2023. Parties traded 80 contract(s) at a $270.00 strike. The total cost received by the writing party (or parties) was $55.2K, with a price of $690.0 per contract. There were 4209 open contracts at this strike prior to today, and today 722 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.
