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 | 11/11/22 | $190.00 | $27.7K | 15.0K | 108.9K |
| F | PUT | SWEEP | BULLISH | 11/18/22 | $14.00 | $47.5K | 31.6K | 18.4K |
| AMZN | PUT | TRADE | BEARISH | 11/18/22 | $99.00 | $26.3K | 2.7K | 4.9K |
| CVNA | CALL | SWEEP | BULLISH | 11/11/22 | $11.50 | $25.0K | 1.5K | 3.7K |
| PDD | PUT | SWEEP | BULLISH | 11/18/22 | $65.00 | $136.0K | 4.7K | 1.3K |
| HD | PUT | TRADE | BULLISH | 11/18/22 | $307.50 | $25.4K | 310 | 1.1K |
| NIO | CALL | SWEEP | BEARISH | 12/02/22 | $11.50 | $70.7K | 1.6K | 1.1K |
| FVRR | PUT | SWEEP | BULLISH | 12/16/22 | $35.00 | $102.7K | 95 | 711 |
| RIVN | CALL | SWEEP | BULLISH | 01/20/23 | $35.00 | $36.0K | 11.8K | 619 |
| JD | CALL | SWEEP | BULLISH | 03/17/23 | $62.50 | $31.9K | 469 | 423 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For TSLA (NASDAQ:TSLA), we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 102 contract(s) at a $190.00 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 $27.7K, with a price of $271.0 per contract. There were 15002 open contracts at this strike prior to today, and today 108917 contract(s) were bought and sold.
• For F (NYSE:F), we notice a put option sweep that happens to be bullish, expiring in 7 day(s) on November 18, 2022. This event was a transfer of 2500 contract(s) at a $14.00 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 $47.5K, with a price of $19.0 per contract. There were 31660 open contracts at this strike prior to today, and today 18443 contract(s) were bought and sold.
• Regarding AMZN (NASDAQ:AMZN), we observe a put option trade with bearish sentiment. It expires in 7 day(s) on November 18, 2022. Parties traded 125 contract(s) at a $99.00 strike. The total cost received by the writing party (or parties) was $26.3K, with a price of $211.0 per contract. There were 2752 open contracts at this strike prior to today, and today 4994 contract(s) were bought and sold.
• For CVNA (NYSE:CVNA), we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 1000 contract(s) at a $11.50 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $25.0K, with a price of $25.0 per contract. There were 1561 open contracts at this strike prior to today, and today 3758 contract(s) were bought and sold.
• Regarding PDD (NASDAQ:PDD), we observe a put option sweep with bullish sentiment. It expires in 7 day(s) on November 18, 2022. Parties traded 514 contract(s) at a $65.00 strike. This particular put needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $136.0K, with a price of $264.0 per contract. There were 4701 open contracts at this strike prior to today, and today 1342 contract(s) were bought and sold.
• Regarding HD (NYSE:HD), we observe a put option trade with bullish sentiment. It expires in 7 day(s) on November 18, 2022. Parties traded 45 contract(s) at a $307.50 strike. The total cost received by the writing party (or parties) was $25.4K, with a price of $565.0 per contract. There were 310 open contracts at this strike prior to today, and today 1199 contract(s) were bought and sold.
• Regarding NIO (NYSE:NIO), we observe a call option sweep with bearish sentiment. It expires in 21 day(s) on December 2, 2022. Parties traded 700 contract(s) at a $11.50 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $70.7K, with a price of $101.0 per contract. There were 1679 open contracts at this strike prior to today, and today 1117 contract(s) were bought and sold.
• Regarding FVRR (NYSE:FVRR), we observe a put option sweep with bullish sentiment. It expires in 35 day(s) on December 16, 2022. Parties traded 526 contract(s) at a $35.00 strike. This particular put needed to be split into 56 different trades to become filled. The total cost received by the writing party (or parties) was $102.7K, with a price of $200.0 per contract. There were 95 open contracts at this strike prior to today, and today 711 contract(s) were bought and sold.
• For RIVN (NASDAQ:RIVN), we notice a call option sweep that happens to be bullish, expiring in 70 day(s) on January 20, 2023. This event was a transfer of 100 contract(s) at a $35.00 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 $36.0K, with a price of $360.0 per contract. There were 11890 open contracts at this strike prior to today, and today 619 contract(s) were bought and sold.
• Regarding JD (NASDAQ:JD), we observe a call option sweep with bullish sentiment. It expires in 126 day(s) on March 17, 2023. Parties traded 107 contract(s) at a $62.50 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $31.9K, with a price of $299.0 per contract. There were 469 open contracts at this strike prior to today, and today 423 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.
