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 | PUT | SWEEP | BULLISH | 10/21/22 | $220.00 | $31.1K | 25.9K | 32.6K |
| AMZN | PUT | SWEEP | BEARISH | 10/21/22 | $111.00 | $42.8K | 4.7K | 12.8K |
| DHI | PUT | TRADE | BEARISH | 11/18/22 | $67.50 | $171.3K | 17.8K | 6.3K |
| JD | CALL | SWEEP | BULLISH | 12/16/22 | $60.00 | $26.0K | 6.7K | 2.3K |
| RCL | CALL | SWEEP | BEARISH | 10/21/22 | $48.00 | $72.2K | 408 | 1.1K |
| CZR | PUT | SWEEP | BEARISH | 10/21/22 | $35.00 | $40.0K | 482 | 1.0K |
| GM | PUT | SWEEP | BULLISH | 01/19/24 | $40.00 | $33.3K | 21.1K | 989 |
| W | PUT | SWEEP | BULLISH | 10/28/22 | $35.00 | $88.0K | 168 | 911 |
| PDD | PUT | TRADE | BEARISH | 01/20/23 | $50.00 | $83.5K | 5.1K | 416 |
| NIO | CALL | TRADE | BEARISH | 01/19/24 | $10.00 | $105.0K | 6.4K | 343 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA (NASDAQ:TSLA), we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on October 21, 2022. Parties traded 33 contract(s) at a $220.00 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 $31.1K, with a price of $945.0 per contract. There were 25987 open contracts at this strike prior to today, and today 32682 contract(s) were bought and sold.
• Regarding AMZN (NASDAQ:AMZN), we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on October 21, 2022. Parties traded 522 contract(s) at a $111.00 strike. This particular put needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $42.8K, with a price of $82.0 per contract. There were 4730 open contracts at this strike prior to today, and today 12857 contract(s) were bought and sold.
• Regarding DHI (NYSE:DHI), we observe a put option trade with bearish sentiment. It expires in 30 day(s) on November 18, 2022. Parties traded 476 contract(s) at a $67.50 strike. The total cost received by the writing party (or parties) was $171.3K, with a price of $360.0 per contract. There were 17893 open contracts at this strike prior to today, and today 6312 contract(s) were bought and sold.
• Regarding JD (NASDAQ:JD), we observe a call option sweep with bullish sentiment. It expires in 58 day(s) on December 16, 2022. Parties traded 621 contract(s) at a $60.00 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $26.0K, with a price of $42.0 per contract. There were 6744 open contracts at this strike prior to today, and today 2311 contract(s) were bought and sold.
• Regarding RCL (NYSE:RCL), we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on October 21, 2022. Parties traded 990 contract(s) at a $48.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $72.2K, with a price of $73.0 per contract. There were 408 open contracts at this strike prior to today, and today 1176 contract(s) were bought and sold.
• For CZR (NASDAQ:CZR), we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on October 21, 2022. This event was a transfer of 1000 contract(s) at a $35.00 strike. This particular put needed to be split into 45 different trades to become filled. The total cost received by the writing party (or parties) was $40.0K, with a price of $40.0 per contract. There were 482 open contracts at this strike prior to today, and today 1013 contract(s) were bought and sold.
• Regarding GM (NYSE:GM), we observe a put option sweep with bullish sentiment. It expires in 457 day(s) on January 19, 2024. Parties traded 34 contract(s) at a $40.00 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 $33.3K, with a price of $980.0 per contract. There were 21104 open contracts at this strike prior to today, and today 989 contract(s) were bought and sold.
• Regarding W (NYSE:W), we observe a put option sweep with bullish sentiment. It expires in 9 day(s) on October 28, 2022. Parties traded 200 contract(s) at a $35.00 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 $88.0K, with a price of $440.0 per contract. There were 168 open contracts at this strike prior to today, and today 911 contract(s) were bought and sold.
• Regarding PDD (NASDAQ:PDD), we observe a put option trade with bearish sentiment. It expires in 93 day(s) on January 20, 2023. Parties traded 137 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $83.5K, with a price of $610.0 per contract. There were 5164 open contracts at this strike prior to today, and today 416 contract(s) were bought and sold.
• For NIO (NYSE:NIO), we notice a call option trade that happens to be bearish, expiring in 457 day(s) on January 19, 2024. This event was a transfer of 250 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $105.0K, with a price of $420.0 per contract. There were 6477 open contracts at this strike prior to today, and today 343 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.
