This unusual options alert can help traders discover the next big trading opportunities. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. Unusual trading activity could push option prices to exaggerated or underestimated levels.
Here's the list of some unusual options activity happening in today's session:
These bullet-by-bullet explanations have been constructed using the accompanying table.
• ForCLOV(NASDAQ:CLOV), we notice acalloptionsweepthat happens to bebearish, expiring in 32 day(s) onMay 21, 2021. This event was a transfer of400contract(s) at a$10.00strike. 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$62.1K, with a price of$155.0per contract. There were61147open contracts at this strike prior to today, and today60063contract(s) were bought and sold.
• ForBMY(NYSE:BMY), we notice acalloptionsweepthat happens to bebearish, expiring in 11 day(s) onApril 30, 2021. This event was a transfer of1317contract(s) at a$67.00strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was$92.3K, with a price of$70.0per contract. There were2022open contracts at this strike prior to today, and today1514contract(s) were bought and sold.
• RegardingABBV(NYSE:ABBV), we observe acalloptiontradewithbullishsentiment. It expires in 32 day(s) onMay 21, 2021. Parties traded900contract(s) at a$115.00strike. The total cost received by the writing party (or parties) was$71.1K, with a price of$79.0per contract. There were15018open contracts at this strike prior to today, and today1188contract(s) were bought and sold.
• ForJNJ(NYSE:JNJ), we notice acalloptiontradethat happens to bebullish, expiring in 32 day(s) onMay 21, 2021. This event was a transfer of500contract(s) at a$170.00strike. The total cost received by the writing party (or parties) was$40.0K, with a price of$80.0per contract. There were12361open contracts at this strike prior to today, and today1173contract(s) were bought and sold.
• ForPFE(NYSE:PFE), we notice acalloptionsweepthat happens to bebearish, expiring in 11 day(s) onApril 30, 2021. This event was a transfer of201contract(s) at a$37.50strike. 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$28.7K, with a price of$143.0per contract. There were2631open contracts at this strike prior to today, and today358contract(s) were bought and sold.
• ForGILD(NASDAQ:GILD), we notice aputoptionsweepthat happens to bebullish, expiring in 214 day(s) onNovember 19, 2021. This event was a transfer of312contract(s) at a$57.50strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was$72.0K, with a price of$231.0per contract. There were1182open contracts at this strike prior to today, and today312contract(s) were bought and sold.
• RegardingCVAC(NASDAQ:CVAC), we observe aputoptiontradewithbullishsentiment. It expires in 277 day(s) onJanuary 21, 2022. Parties traded200contract(s) at a$110.00strike. The total cost received by the writing party (or parties) was$640.0K, with a price of$3200.0per contract. There were1open contracts at this strike prior to today, and today0contract(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.