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 | 11/04/22 | $230.00 | $26.0K | 15.7K | 65.6K |
| AMZN | CALL | TRADE | NEUTRAL | 11/18/22 | $105.00 | $28.8K | 9.3K | 4.0K |
| PTON | CALL | SWEEP | BEARISH | 11/04/22 | $8.50 | $28.0K | 1.4K | 2.4K |
| ABNB | PUT | SWEEP | NEUTRAL | 06/16/23 | $90.00 | $195.0K | 2.4K | 2.1K |
| GME | CALL | TRADE | BEARISH | 11/25/22 | $30.00 | $28.4K | 888 | 1.8K |
| RIVN | PUT | SWEEP | BULLISH | 11/04/22 | $35.00 | $126.9K | 274 | 1.7K |
| NCLH | PUT | SWEEP | BEARISH | 11/18/22 | $16.00 | $76.8K | 1.9K | 1.0K |
| NIO | CALL | SWEEP | BULLISH | 03/17/23 | $12.50 | $44.8K | 2.9K | 1.0K |
| HOG | PUT | TRADE | BEARISH | 02/17/23 | $39.00 | $61.5K | 736 | 981 |
| HD | PUT | TRADE | BULLISH | 01/20/23 | $280.00 | $27.8K | 5.5K | 220 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA (NASDAQ:TSLA), we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on November 4, 2022. Parties traded 40 contract(s) at a $230.00 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 $26.0K, with a price of $650.0 per contract. There were 15769 open contracts at this strike prior to today, and today 65652 contract(s) were bought and sold.
• For AMZN (NASDAQ:AMZN), we notice a call option trade that happens to be neutral, expiring in 18 day(s) on November 18, 2022. This event was a transfer of 100 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $28.8K, with a price of $288.0 per contract. There were 9302 open contracts at this strike prior to today, and today 4084 contract(s) were bought and sold.
• Regarding PTON (NASDAQ:PTON), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on November 4, 2022. Parties traded 350 contract(s) at a $8.50 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 $28.0K, with a price of $80.0 per contract. There were 1403 open contracts at this strike prior to today, and today 2436 contract(s) were bought and sold.
• For ABNB (NASDAQ:ABNB), we notice a put option sweep that happens to be neutral, expiring in 228 day(s) on June 16, 2023. This event was a transfer of 200 contract(s) at a $90.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $195.0K, with a price of $975.0 per contract. There were 2467 open contracts at this strike prior to today, and today 2168 contract(s) were bought and sold.
• Regarding GME (NYSE:GME), we observe a call option trade with bearish sentiment. It expires in 25 day(s) on November 25, 2022. Parties traded 100 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $28.4K, with a price of $284.0 per contract. There were 888 open contracts at this strike prior to today, and today 1873 contract(s) were bought and sold.
• Regarding RIVN (NASDAQ:RIVN), we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on November 4, 2022. Parties traded 1245 contract(s) at a $35.00 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 $126.9K, with a price of $102.0 per contract. There were 274 open contracts at this strike prior to today, and today 1787 contract(s) were bought and sold.
• For NCLH (NYSE:NCLH), we notice a put option sweep that happens to be bearish, expiring in 18 day(s) on November 18, 2022. This event was a transfer of 1000 contract(s) at a $16.00 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 $76.8K, with a price of $76.0 per contract. There were 1976 open contracts at this strike prior to today, and today 1057 contract(s) were bought and sold.
• For NIO (NYSE:NIO), we notice a call option sweep that happens to be bullish, expiring in 137 day(s) on March 17, 2023. This event was a transfer of 356 contract(s) at a $12.50 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $44.8K, with a price of $126.0 per contract. There were 2967 open contracts at this strike prior to today, and today 1053 contract(s) were bought and sold.
• Regarding HOG (NYSE:HOG), we observe a put option trade with bearish sentiment. It expires in 109 day(s) on February 17, 2023. Parties traded 246 contract(s) at a $39.00 strike. The total cost received by the writing party (or parties) was $61.5K, with a price of $250.0 per contract. There were 736 open contracts at this strike prior to today, and today 981 contract(s) were bought and sold.
• For HD (NYSE:HD), we notice a put option trade that happens to be bullish, expiring in 81 day(s) on January 20, 2023. This event was a transfer of 28 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $27.8K, with a price of $995.0 per contract. There were 5597 open contracts at this strike prior to today, and today 220 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.
