This whale alert can help traders discover the next big trade opportunities.
Whales are big money entities and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances where an option’s market estimate deviates from its normal value. Abnormal volumes of trading activity could drive option prices to hyperbolic or underperforming levels.
Here is the list of options activities happening in today’s session:
| symbol | PUT/CALL | Kind of trade | Feeling | Exp. Dated | Strike price | Total trade price | open interest | Volume |
|---|---|---|---|---|---|---|---|---|
| LPLA | TO PUT | TO SWEEP UP | BULLISH | 04/14/22 | $180.00 | $37,600 | 34 | 6.4K |
| SCHW | CALL | TO SWEEP UP | BEARISH | 05/20/22 | $95.00 | $68.8,000 | 925 | 1.8K |
| PIECE OF MONEY | CALL | TRADE | BULLISH | 08/04/22 | $195.00 | $25,400 | 684 | 1.5K |
| BAC | TO PUT | TO SWEEP UP | BULLISH | 01/19/24 | $30.00 | $73.6,000 | 8.2K | 1.3K |
| MRS | CALL | TRADE | BEARISH | 10/21/22 | $97.50 | $148,500 | 465 | 1.0K |
| VS | CALL | TRADE | NEUTRAL | 06/17/22 | $57.50 | $51,100 | 5.4K | 894 |
| HOOD | CALL | TO SWEEP UP | BEARISH | 06/17/22 | $10.00 | $72,000 | 674 | 309 |
| SOFI | CALL | TRADE | BEARISH | 01/20/23 | $7.50 | $33,000 | 5.7K | 258 |
| UPST | CALL | TRADE | BULLISH | 01/19/24 | $130.00 | $60.2,000 | 334 | 129 |
| ERP | CALL | TRADE | NEUTRAL | 01/19/24 | $155.00 | $36,000 | 20 | 0 |
Explanation
These bullet-by-bullet explanations have been constructed using the attached table.
• Regarding LPLA LPLAwe observe a to put option to sweep up with bullish feeling. It expires in 9 day(s) on April 14, 2022. Parts exchanged 376 one-to-one contract(s) $180.00 strike. This particular position had to be divided into 22 different trades to be filled. The total cost received by the writing party (or parties) has been $37,600with a price of $100.0 by contract. There was 34 contracts open to this strike before today, and today 6413 contract(s) have been bought and sold.
• Regarding SCHW SCHWwe observe a call option to sweep up with bearish feeling. It expires in 45 day(s) on May 20, 2022. Parts exchanged 1807 one-to-one contract(s) $95.00 strike. This particular call had to be split into 46 different trades to be filled. The total cost received by the writing party (or parties) has been $68.8,000with a price of $38.0 by contract. There was 925 contracts open to this strike before today, and today 1818 contract(s) have been bought and sold.
• Regarding PIECE OF MONEY PIECE OF MONEYwe observe a call option Trade with bullish feeling. It expires in 3 day(s) on April 8, 2022. Parts exchanged 363 one-to-one contract(s) $195.00 strike. The total cost received by the writing party (or parties) has been $25,400with a price of $70.0 by contract. There was 684 contracts open to this strike before today, and today 1530 contract(s) have been bought and sold.
• Regarding BAC BACwe observe a to put option to sweep up with bullish feeling. It expires in 654 day(s) on January 19, 2024. Parts exchanged 316 one-to-one contract(s) $30.00 strike. This particular put had to be split into 12 different trades to be filled. The total cost received by the writing party (or parties) has been $73.6,000with a price of $233.0 by contract. There was 8223 contracts open to this strike before today, and today 1378 contract(s) have been bought and sold.
• Regarding MRS MRSwe observe a call option Trade with bearish feeling. It expires in 199 day(s) on October 21, 2022. Parts exchanged 500 one-to-one contract(s) $97.50 strike. The total cost received by the writing party (or parties) has been $148,500with a price of $297.0 by contract. There was 465 contracts open to this strike before today, and today 1032 contract(s) have been bought and sold.
• Regarding VS VSwe observe a call option Trade with neutral feeling. It expires in 73 day(s) on June 17, 2022. Parts exchanged 700 one-to-one contract(s) $57.50 strike. The total cost received by the writing party (or parties) has been $51,100with a price of $73.0 by contract. There was 5479 contracts open to this strike before today, and today 894 contract(s) have been bought and sold.
• Regarding HOOD HOODwe observe a call option to sweep up with bearish feeling. It expires in 73 day(s) on June 17, 2022. Parts exchanged 200 one-to-one contract(s) $10.00 strike. This particular call had to be split into 5 different trades to be filled. The total cost received by the writing party (or parties) has been $72,000with a price of $361.0 by contract. There was 674 contracts open to this strike before today, and today 309 contract(s) have been bought and sold.
• For SOFI SOFIwe notice a call option Trade it happens to be bearishexpiring in 290 day(s) on January 20, 2023. This event was a transfer of 100 one-to-one contract(s) $7.50 strike. The total cost received by the writing party (or parties) has been $33,000with a price of $330.0 by contract. There was 5747 contracts open to this strike before today, and today 258 contract(s) have been bought and sold.
• For UPST UPSTwe notice a call option Trade it happens to be bullishexpiring in 654 day(s) on January 19, 2024. This event was a transfer of 14 one-to-one contract(s) $130.00 strike. The total cost received by the writing party (or parties) has been $60.2,000with a price of $4300.0 by contract. There was 334 contracts open to this strike before today, and today 129 contract(s) have been bought and sold.
• For ERP ERPwe notice a call option Trade it happens to be neutralexpiring in 654 day(s) on January 19, 2024. This event was a transfer of 80 one-to-one contract(s) $155.00 strike. The total cost received by the writing party (or parties) has been $36,000with a price of $450.0 by contract. There was 20 contracts open to this strike before today, and today 0 contract(s) have been bought and sold.
Options Alert Terminology
– Call contracts: The right to purchase shares as stated in the contract.
– Put contracts: The right to sell shares as stated in the contract.
– Expiration date: When the contract expires. We must act on the contract on this date if we want to use it.
– Premium/Option Price: The contract price.
For more information visit our Guide to Understanding Options Alerts or read more news about unusual options activity.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
