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 | TRADE | NEUTRAL | 02/04/22 | $900.00 | $43.3K | 3.3K | 15.5K |
| CCL | CALL | SWEEP | BULLISH | 02/18/22 | $19.00 | $148.1K | 1.4K | 7.2K |
| AMZN | CALL | SWEEP | NEUTRAL | 02/04/22 | $3000.00 | $59.6K | 2.3K | 6.2K |
| ABNB | CALL | SWEEP | BEARISH | 02/11/22 | $165.00 | $53.0K | 174 | 1.7K |
| PDD | CALL | SWEEP | BULLISH | 02/04/22 | $58.00 | $283.9K | 5.0K | 1.6K |
| BABA | PUT | SWEEP | BEARISH | 04/14/22 | $90.00 | $159.5K | 3.3K | 1.3K |
| F | CALL | SWEEP | BULLISH | 01/20/23 | $20.00 | $54.3K | 122.9K | 844 |
| GRWG | CALL | SWEEP | BULLISH | 02/04/22 | $7.00 | $48.2K | 85 | 728 |
| LOW | PUT | SWEEP | BEARISH | 02/18/22 | $235.00 | $29.5K | 31 | 343 |
| CVNA | CALL | SWEEP | BEARISH | 02/18/22 | $190.00 | $32.0K | 14.5K | 317 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA (NASDAQ:TSLA), we observe a put option trade with neutral sentiment. It expires in 4 day(s) on February 4, 2022. Parties traded 20 contract(s) at a $900.00 strike. The total cost received by the writing party (or parties) was $43.3K, with a price of $2168.0 per contract. There were 3380 open contracts at this strike prior to today, and today 15520 contract(s) were bought and sold.
• Regarding CCL (NYSE:CCL), we observe a call option sweep with bullish sentiment. It expires in 18 day(s) on February 18, 2022. Parties traded 1000 contract(s) at a $19.00 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 $148.1K, with a price of $148.0 per contract. There were 1403 open contracts at this strike prior to today, and today 7253 contract(s) were bought and sold.
• For AMZN (NASDAQ:AMZN), we notice a call option sweep that happens to be neutral, expiring in 4 day(s) on February 4, 2022. This event was a transfer of 10 contract(s) at a $3000.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $59.6K, with a price of $5965.0 per contract. There were 2322 open contracts at this strike prior to today, and today 6271 contract(s) were bought and sold.
• For ABNB (NASDAQ:ABNB), we notice a call option sweep that happens to be bearish, expiring in 11 day(s) on February 11, 2022. This event was a transfer of 331 contract(s) at a $165.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $53.0K, with a price of $160.0 per contract. There were 174 open contracts at this strike prior to today, and today 1701 contract(s) were bought and sold.
• For PDD (NASDAQ:PDD), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on February 4, 2022. This event was a transfer of 931 contract(s) at a $58.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $283.9K, with a price of $305.0 per contract. There were 5058 open contracts at this strike prior to today, and today 1659 contract(s) were bought and sold.
• Regarding BABA (NYSE:BABA), we observe a put option sweep with bearish sentiment. It expires in 73 day(s) on April 14, 2022. Parties traded 715 contract(s) at a $90.00 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $159.5K, with a price of $223.0 per contract. There were 3338 open contracts at this strike prior to today, and today 1301 contract(s) were bought and sold.
• For F (NYSE:F), we notice a call option sweep that happens to be bullish, expiring in 354 day(s) on January 20, 2023. This event was a transfer of 147 contract(s) at a $20.00 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 $54.3K, with a price of $370.0 per contract. There were 122988 open contracts at this strike prior to today, and today 844 contract(s) were bought and sold.
• For GRWG (NASDAQ:GRWG), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on February 4, 2022. This event was a transfer of 350 contract(s) at a $7.00 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 $48.2K, with a price of $138.0 per contract. There were 85 open contracts at this strike prior to today, and today 728 contract(s) were bought and sold.
• For LOW (NYSE:LOW), we notice a put option sweep that happens to be bearish, expiring in 18 day(s) on February 18, 2022. This event was a transfer of 48 contract(s) at a $235.00 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 $29.5K, with a price of $615.0 per contract. There were 31 open contracts at this strike prior to today, and today 343 contract(s) were bought and sold.
• Regarding CVNA (NYSE:CVNA), we observe a call option sweep with bearish sentiment. It expires in 18 day(s) on February 18, 2022. Parties traded 100 contract(s) at a $190.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $32.0K, with a price of $320.0 per contract. There were 14529 open contracts at this strike prior to today, and today 317 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.
