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 |
|---|---|---|---|---|---|---|---|---|
| TSLA | CALL | SWEEP | NEUTRAL | 10/21/22 | $230.00 | $32.6K | 19.3K | 36.6K |
| CHWY | CALL | TRADE | BEARISH | 10/21/22 | $35.00 | $41.7K | 4.2K | 1.3K |
| BABA | PUT | SWEEP | BEARISH | 12/16/22 | $60.00 | $176.9K | 3.8K | 1.0K |
| SBUX | CALL | SWEEP | BULLISH | 01/20/23 | $100.00 | $25.7K | 17.3K | 509 |
| W | PUT | SWEEP | NEUTRAL | 01/20/23 | $30.00 | $30.2K | 2.8K | 449 |
| MAR | CALL | SWEEP | BEARISH | 12/02/22 | $175.00 | $31.0K | 0 | 418 |
| ABNB | CALL | TRADE | BEARISH | 10/21/22 | $110.00 | $148.0K | 2.4K | 345 |
| EXPE | CALL | TRADE | NEUTRAL | 11/11/22 | $100.00 | $126.0K | 3 | 250 |
| AMZN | PUT | TRADE | NEUTRAL | 06/16/23 | $110.00 | $26.2K | 12.2K | 184 |
| JWN | CALL | SWEEP | BULLISH | 10/21/22 | $15.00 | $42.0K | 882 | 151 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA (NASDAQ:TSLA), we observe a call option sweep with neutral sentiment. It expires in 4 day(s) on October 21, 2022. Parties traded 68 contract(s) at a $230.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $32.6K, with a price of $480.0 per contract. There were 19314 open contracts at this strike prior to today, and today 36605 contract(s) were bought and sold.
• For CHWY (NYSE:CHWY), we notice a call option trade that happens to be bearish, expiring in 4 day(s) on October 21, 2022. This event was a transfer of 212 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $41.7K, with a price of $197.0 per contract. There were 4257 open contracts at this strike prior to today, and today 1386 contract(s) were bought and sold.
• For BABA (NYSE:BABA), we notice a put option sweep that happens to be bearish, expiring in 60 day(s) on December 16, 2022. This event was a transfer of 1000 contract(s) at a $60.00 strike. This particular put needed to be split into 40 different trades to become filled. The total cost received by the writing party (or parties) was $176.9K, with a price of $177.0 per contract. There were 3865 open contracts at this strike prior to today, and today 1046 contract(s) were bought and sold.
• For SBUX (NASDAQ:SBUX), we notice a call option sweep that happens to be bullish, expiring in 95 day(s) on January 20, 2023. This event was a transfer of 116 contract(s) at a $100.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $25.7K, with a price of $222.0 per contract. There were 17321 open contracts at this strike prior to today, and today 509 contract(s) were bought and sold.
• Regarding W (NYSE:W), we observe a put option sweep with neutral sentiment. It expires in 95 day(s) on January 20, 2023. Parties traded 56 contract(s) at a $30.00 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 $30.2K, with a price of $540.0 per contract. There were 2873 open contracts at this strike prior to today, and today 449 contract(s) were bought and sold.
• For MAR (NASDAQ:MAR), we notice a call option sweep that happens to be bearish, expiring in 46 day(s) on December 2, 2022. This event was a transfer of 327 contract(s) at a $175.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $31.0K, with a price of $95.0 per contract. There were 0 open contracts at this strike prior to today, and today 418 contract(s) were bought and sold.
• Regarding ABNB (NASDAQ:ABNB), we observe a call option trade with bearish sentiment. It expires in 4 day(s) on October 21, 2022. Parties traded 200 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $148.0K, with a price of $740.0 per contract. There were 2409 open contracts at this strike prior to today, and today 345 contract(s) were bought and sold.
• Regarding EXPE (NASDAQ:EXPE), we observe a call option trade with neutral sentiment. It expires in 25 day(s) on November 11, 2022. Parties traded 250 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $126.0K, with a price of $504.0 per contract. There were 3 open contracts at this strike prior to today, and today 250 contract(s) were bought and sold.
• For AMZN (NASDAQ:AMZN), we notice a put option trade that happens to be neutral, expiring in 242 day(s) on June 16, 2023. This event was a transfer of 20 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $26.2K, with a price of $1310.0 per contract. There were 12295 open contracts at this strike prior to today, and today 184 contract(s) were bought and sold.
• Regarding JWN (NYSE:JWN), we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on October 21, 2022. Parties traded 100 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 $42.0K, with a price of $420.0 per contract. There were 882 open contracts at this strike prior to today, and today 151 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.
