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 |
|---|---|---|---|---|---|---|---|---|
| UBER | CALL | SWEEP | BEARISH | 09/16/22 | $27.50 | $51.2K | 12.6K | 5.7K |
| AAL | CALL | SWEEP | BEARISH | 09/16/22 | $14.00 | $55.5K | 13.9K | 2.2K |
| SPCE | CALL | SWEEP | BULLISH | 01/19/24 | $5.00 | $39.0K | 2.5K | 1.2K |
| CAT | CALL | SWEEP | NEUTRAL | 08/05/22 | $197.50 | $34.2K | 211 | 479 |
| PLUG | CALL | SWEEP | BULLISH | 08/05/22 | $18.00 | $95.9K | 1.3K | 319 |
| BLDR | CALL | SWEEP | NEUTRAL | 08/19/22 | $60.00 | $138.0K | 526 | 305 |
| BA | CALL | TRADE | BULLISH | 01/19/24 | $250.00 | $33.7K | 3.9K | 224 |
| HEI | CALL | SWEEP | BULLISH | 09/16/22 | $160.00 | $65.3K | 10 | 214 |
| AAWW | PUT | TRADE | BEARISH | 08/19/22 | $75.00 | $27.0K | 3 | 150 |
| DAC | CALL | TRADE | BEARISH | 09/16/22 | $80.00 | $28.0K | 91 | 127 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For UBER (NYSE:UBER), we notice a call option sweep that happens to be bearish, expiring in 46 day(s) on September 16, 2022. This event was a transfer of 512 contract(s) at a $27.50 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 $51.2K, with a price of $100.0 per contract. There were 12600 open contracts at this strike prior to today, and today 5724 contract(s) were bought and sold.
• For AAL (NASDAQ:AAL), we notice a call option sweep that happens to be bearish, expiring in 46 day(s) on September 16, 2022. This event was a transfer of 500 contract(s) at a $14.00 strike. This particular call needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $55.5K, with a price of $111.0 per contract. There were 13992 open contracts at this strike prior to today, and today 2240 contract(s) were bought and sold.
• For SPCE (NYSE:SPCE), we notice a call option sweep that happens to be bullish, expiring in 536 day(s) on January 19, 2024. This event was a transfer of 100 contract(s) at a $5.00 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 $39.0K, with a price of $390.0 per contract. There were 2583 open contracts at this strike prior to today, and today 1221 contract(s) were bought and sold.
• For CAT (NYSE:CAT), we notice a call option sweep that happens to be neutral, expiring in 4 day(s) on August 5, 2022. This event was a transfer of 95 contract(s) at a $197.50 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $34.2K, with a price of $360.0 per contract. There were 211 open contracts at this strike prior to today, and today 479 contract(s) were bought and sold.
• For PLUG (NASDAQ:PLUG), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on August 5, 2022. This event was a transfer of 300 contract(s) at a $18.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $95.9K, with a price of $320.0 per contract. There were 1351 open contracts at this strike prior to today, and today 319 contract(s) were bought and sold.
• For BLDR (NYSE:BLDR), we notice a call option sweep that happens to be neutral, expiring in 18 day(s) on August 19, 2022. This event was a transfer of 100 contract(s) at a $60.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $138.0K, with a price of $1379.0 per contract. There were 526 open contracts at this strike prior to today, and today 305 contract(s) were bought and sold.
• For BA (NYSE:BA), we notice a call option trade that happens to be bullish, expiring in 536 day(s) on January 19, 2024. This event was a transfer of 25 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $33.7K, with a price of $1350.0 per contract. There were 3985 open contracts at this strike prior to today, and today 224 contract(s) were bought and sold.
• Regarding HEI (NYSE:HEI), we observe a call option sweep with bullish sentiment. It expires in 46 day(s) on September 16, 2022. Parties traded 121 contract(s) at a $160.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $65.3K, with a price of $540.0 per contract. There were 10 open contracts at this strike prior to today, and today 214 contract(s) were bought and sold.
• For AAWW (NASDAQ:AAWW), we notice a put option trade that happens to be bearish, expiring in 18 day(s) on August 19, 2022. This event was a transfer of 82 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $27.0K, with a price of $330.0 per contract. There were 3 open contracts at this strike prior to today, and today 150 contract(s) were bought and sold.
• Regarding DAC (NYSE:DAC), we observe a call option trade with bearish sentiment. It expires in 46 day(s) on September 16, 2022. Parties traded 100 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $280.0 per contract. There were 91 open contracts at this strike prior to today, and today 127 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.
