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 | BEARISH | 10/28/22 | $220.00 | $127.7K | 30.0K | 93.6K |
| LOW | PUT | SWEEP | BEARISH | 11/18/22 | $187.50 | $116.3K | 6 | 2.7K |
| BABA | PUT | TRADE | BEARISH | 10/28/22 | $64.00 | $27.5K | 3.6K | 2.2K |
| LVS | CALL | TRADE | BULLISH | 11/18/22 | $31.00 | $55.4K | 24 | 1.5K |
| CCL | CALL | SWEEP | BULLISH | 11/18/22 | $9.50 | $29.0K | 304 | 1.3K |
| TJX | CALL | TRADE | BULLISH | 01/20/23 | $77.50 | $35.1K | 963 | 1.0K |
| NIO | CALL | SWEEP | BULLISH | 06/16/23 | $12.50 | $104.7K | 961 | 909 |
| AMZN | CALL | SWEEP | BEARISH | 12/16/22 | $141.00 | $34.4K | 1.8K | 715 |
| ABNB | CALL | TRADE | BULLISH | 11/18/22 | $120.00 | $42.5K | 6.9K | 661 |
| TTM | PUT | TRADE | BEARISH | 01/20/23 | $29.00 | $27.5K | 0 | 461 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding TSLA (NASDAQ:TSLA), we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on October 28, 2022. Parties traded 206 contract(s) at a $220.00 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 $127.7K, with a price of $620.0 per contract. There were 30019 open contracts at this strike prior to today, and today 93693 contract(s) were bought and sold.
• For LOW (NYSE:LOW), we notice a put option sweep that happens to be bearish, expiring in 24 day(s) on November 18, 2022. This event was a transfer of 179 contract(s) at a $187.50 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 $116.3K, with a price of $650.0 per contract. There were 6 open contracts at this strike prior to today, and today 2726 contract(s) were bought and sold.
• Regarding BABA (NYSE:BABA), we observe a put option trade with bearish sentiment. It expires in 3 day(s) on October 28, 2022. Parties traded 100 contract(s) at a $64.00 strike. The total cost received by the writing party (or parties) was $27.5K, with a price of $275.0 per contract. There were 3618 open contracts at this strike prior to today, and today 2200 contract(s) were bought and sold.
• Regarding LVS (NYSE:LVS), we observe a call option trade with bullish sentiment. It expires in 24 day(s) on November 18, 2022. Parties traded 115 contract(s) at a $31.00 strike. The total cost received by the writing party (or parties) was $55.4K, with a price of $482.0 per contract. There were 24 open contracts at this strike prior to today, and today 1549 contract(s) were bought and sold.
• For CCL (NYSE:CCL), we notice a call option sweep that happens to be bullish, expiring in 24 day(s) on November 18, 2022. This event was a transfer of 1000 contract(s) at a $9.50 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $29.0K, with a price of $29.0 per contract. There were 304 open contracts at this strike prior to today, and today 1335 contract(s) were bought and sold.
• Regarding TJX (NYSE:TJX), we observe a call option trade with bullish sentiment. It expires in 87 day(s) on January 20, 2023. Parties traded 191 contract(s) at a $77.50 strike. The total cost received by the writing party (or parties) was $35.1K, with a price of $184.0 per contract. There were 963 open contracts at this strike prior to today, and today 1097 contract(s) were bought and sold.
• Regarding NIO (NYSE:NIO), we observe a call option sweep with bullish sentiment. It expires in 234 day(s) on June 16, 2023. Parties traded 506 contract(s) at a $12.50 strike. This particular call needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $104.7K, with a price of $207.0 per contract. There were 961 open contracts at this strike prior to today, and today 909 contract(s) were bought and sold.
• For AMZN (NASDAQ:AMZN), we notice a call option sweep that happens to be bearish, expiring in 52 day(s) on December 16, 2022. This event was a transfer of 187 contract(s) at a $141.00 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 $34.4K, with a price of $184.0 per contract. There were 1803 open contracts at this strike prior to today, and today 715 contract(s) were bought and sold.
• Regarding ABNB (NASDAQ:ABNB), we observe a call option trade with bullish sentiment. It expires in 24 day(s) on November 18, 2022. Parties traded 60 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $42.5K, with a price of $709.0 per contract. There were 6977 open contracts at this strike prior to today, and today 661 contract(s) were bought and sold.
• Regarding TTM (NYSE:TTM), we observe a put option trade with bearish sentiment. It expires in 87 day(s) on January 20, 2023. Parties traded 52 contract(s) at a $29.00 strike. The total cost received by the writing party (or parties) was $27.5K, with a price of $530.0 per contract. There were 0 open contracts at this strike prior to today, and today 461 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.
