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 | PUT | SWEEP | BULLISH | 10/14/22 | $210.00 | $39.7K | 20.5K | 152.3K |
| RIVN | PUT | SWEEP | BEARISH | 01/20/23 | $30.00 | $79.5K | 16.3K | 10.1K |
| LCID | PUT | SWEEP | BEARISH | 11/18/22 | $15.00 | $25.8K | 16.5K | 7.9K |
| PDD | PUT | SWEEP | BEARISH | 06/16/23 | $45.00 | $37.2K | 10.3K | 5.2K |
| TGT | CALL | SWEEP | BULLISH | 11/18/22 | $170.00 | $37.0K | 2.4K | 1.2K |
| BABA | CALL | TRADE | BULLISH | 06/16/23 | $165.00 | $46.5K | 3.3K | 1.0K |
| XPEV | PUT | SWEEP | BEARISH | 10/21/22 | $9.00 | $31.2K | 1.6K | 785 |
| AMZN | CALL | TRADE | BEARISH | 12/16/22 | $109.00 | $386.8K | 382 | 770 |
| NKE | PUT | SWEEP | BEARISH | 01/19/24 | $85.00 | $58.9K | 1.3K | 517 |
| DASH | PUT | SWEEP | BULLISH | 11/04/22 | $40.00 | $49.2K | 50 | 415 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA (NASDAQ:TSLA), we notice a put option sweep that happens to be bullish, is expiring today. Parties traded 201 contract(s) at a $210.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $39.7K, with a price of $196.0 per contract. There were 20555 open contracts at this strike prior to today, and today 152329 contract(s) were bought and sold.
• For RIVN (NASDAQ:RIVN), we notice a put option sweep that happens to be bearish, expiring in 98 day(s) on January 20, 2023. This event was a transfer of 150 contract(s) at a $30.00 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $79.5K, with a price of $530.0 per contract. There were 16351 open contracts at this strike prior to today, and today 10179 contract(s) were bought and sold.
• For LCID (NASDAQ:LCID), we notice a put option sweep that happens to be bearish, expiring in 35 day(s) on November 18, 2022. This event was a transfer of 76 contract(s) at a $15.00 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 $25.8K, with a price of $340.0 per contract. There were 16502 open contracts at this strike prior to today, and today 7987 contract(s) were bought and sold.
• For PDD (NASDAQ:PDD), we notice a put option sweep that happens to be bearish, expiring in 245 day(s) on June 16, 2023. This event was a transfer of 50 contract(s) at a $45.00 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 $37.2K, with a price of $745.0 per contract. There were 10391 open contracts at this strike prior to today, and today 5210 contract(s) were bought and sold.
• Regarding TGT (NYSE:TGT), we observe a call option sweep with bullish sentiment. It expires in 35 day(s) on November 18, 2022. Parties traded 200 contract(s) at a $170.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $37.0K, with a price of $185.0 per contract. There were 2408 open contracts at this strike prior to today, and today 1213 contract(s) were bought and sold.
• For BABA (NYSE:BABA), we notice a call option trade that happens to be bullish, expiring in 245 day(s) on June 16, 2023. This event was a transfer of 500 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $46.5K, with a price of $93.0 per contract. There were 3366 open contracts at this strike prior to today, and today 1012 contract(s) were bought and sold.
• Regarding XPEV (NYSE:XPEV), we observe a put option sweep with bearish sentiment. It expires in 7 day(s) on October 21, 2022. Parties traded 400 contract(s) at a $9.00 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $31.2K, with a price of $78.0 per contract. There were 1608 open contracts at this strike prior to today, and today 785 contract(s) were bought and sold.
• For AMZN (NASDAQ:AMZN), we notice a call option trade that happens to be bearish, expiring in 63 day(s) on December 16, 2022. This event was a transfer of 416 contract(s) at a $109.00 strike. The total cost received by the writing party (or parties) was $386.8K, with a price of $930.0 per contract. There were 382 open contracts at this strike prior to today, and today 770 contract(s) were bought and sold.
• For NKE (NYSE:NKE), we notice a put option sweep that happens to be bearish, expiring in 462 day(s) on January 19, 2024. This event was a transfer of 51 contract(s) at a $85.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $58.9K, with a price of $1155.0 per contract. There were 1351 open contracts at this strike prior to today, and today 517 contract(s) were bought and sold.
• Regarding DASH (NYSE:DASH), we observe a put option sweep with bullish sentiment. It expires in 21 day(s) on November 4, 2022. Parties traded 200 contract(s) at a $40.00 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 $49.2K, with a price of $246.0 per contract. There were 50 open contracts at this strike prior to today, and today 415 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.
