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Tesla, Lucid, DraftKings, Cava, Rivian Trigger Whale Alerts as Options Trading Surge

Benzinga ·  Nov 14, 2023 13:37

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

11/17/23

$240.00

$38.6K

30.4K

123.9K

LCID

PUT

SWEEP

BEARISH

12/01/23

$4.00

$92.4K

2.4K

4.1K

DKNG

CALL

TRADE

BULLISH

12/15/23

$40.00

$91.5K

13.2K

3.8K

SBUX

PUT

SWEEP

BEARISH

01/19/24

$105.00

$33.6K

3.7K

871

RCL

CALL

SWEEP

BULLISH

01/19/24

$110.00

$33.9K

2.6K

446

KBH

PUT

TRADE

BULLISH

04/19/24

$60.00

$37.5K

5

386

RIVN

PUT

SWEEP

BEARISH

03/15/24

$17.50

$81.7K

19.2K

372

SEAS

CALL

SWEEP

BEARISH

01/19/24

$40.00

$245.0K

1.1K

260

CAVA

CALL

TRADE

BULLISH

01/17/25

$40.00

$88.0K

362

200

CHWY

CALL

TRADE

BEARISH

01/17/25

$22.50

$30.0K

1.5K

142

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

•  For$Tesla (TSLA.US)$, we notice acalloptionsweep that happens...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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