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.
Below are some instances of unusual options activity happening in the Industrials sector:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| BA | CALL | SWEEP | BEARISH | 10/15/21 | $240.00 | $34.1K | 13.4K | 12.3K |
| AAL | CALL | SWEEP | BULLISH | 10/15/21 | $20.00 | $43.5K | 14.6K | 7.3K |
| UAL | CALL | SWEEP | BULLISH | 12/17/21 | $55.00 | $173.9K | 8.6K | 5.0K |
| EMR | CALL | SWEEP | BEARISH | 10/15/21 | $95.00 | $63.8K | 223 | 3.4K |
| FLR | CALL | SWEEP | BEARISH | 12/17/21 | $20.00 | $25.7K | 1.3K | 2.1K |
| PLUG | CALL | TRADE | BEARISH | 01/21/22 | $25.00 | $490.3K | 17.1K | 1.0K |
| DE | PUT | SWEEP | BEARISH | 10/15/21 | $330.00 | $42.1K | 1.6K | 361 |
| RUN | PUT | TRADE | BULLISH | 05/20/22 | $40.00 | $176.7K | 1.0K | 361 |
| DIDI | PUT | SWEEP | BULLISH | 11/05/21 | $10.00 | $30.0K | 96 | 200 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For BA (NYSE:BA), we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on October 15, 2021. This event was a transfer of 711 contract(s) at a $240.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $34.1K, with a price of $48.0 per contract. There were 13475 open contracts at this strike prior to today, and today 12330 contract(s) were bought and sold.
• For AAL (NASDAQ:AAL), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on October 15, 2021. This event was a transfer of 702 contract(s) at a $20.00 strike. This particular call needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $43.5K, with a price of $62.0 per contract. There were 14669 open contracts at this strike prior to today, and today 7384 contract(s) were bought and sold.
• Regarding UAL (NASDAQ:UAL), we observe a call option sweep with bullish sentiment. It expires in 67 day(s) on December 17, 2021. Parties traded 1018 contract(s) at a $55.00 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 $173.9K, with a price of $171.0 per contract. There were 8603 open contracts at this strike prior to today, and today 5060 contract(s) were bought and sold.
• Regarding EMR (NYSE:EMR), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on October 15, 2021. Parties traded 491 contract(s) at a $95.00 strike. This particular call needed to be split into 127 different trades to become filled. The total cost received by the writing party (or parties) was $63.8K, with a price of $130.0 per contract. There were 223 open contracts at this strike prior to today, and today 3419 contract(s) were bought and sold.
• Regarding FLR (NYSE:FLR), we observe a call option sweep with bearish sentiment. It expires in 67 day(s) on December 17, 2021. Parties traded 573 contract(s) at a $20.00 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 $25.7K, with a price of $45.0 per contract. There were 1323 open contracts at this strike prior to today, and today 2121 contract(s) were bought and sold.
• Regarding PLUG (NASDAQ:PLUG), we observe a call option trade with bearish sentiment. It expires in 102 day(s) on January 21, 2022. Parties traded 943 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $490.3K, with a price of $520.0 per contract. There were 17198 open contracts at this strike prior to today, and today 1036 contract(s) were bought and sold.
• For DE (NYSE:DE), we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on October 15, 2021. This event was a transfer of 297 contract(s) at a $330.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $42.1K, with a price of $142.0 per contract. There were 1638 open contracts at this strike prior to today, and today 361 contract(s) were bought and sold.
• Regarding RUN (NASDAQ:RUN), we observe a put option trade with bullish sentiment. It expires in 221 day(s) on May 20, 2022. Parties traded 360 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $176.7K, with a price of $491.0 per contract. There were 1037 open contracts at this strike prior to today, and today 361 contract(s) were bought and sold.
• For DIDI (NYSE:DIDI), we notice a put option sweep that happens to be bullish, expiring in 25 day(s) on November 5, 2021. This event was a transfer of 200 contract(s) at a $10.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $30.0K, with a price of $151.0 per contract. There were 96 open contracts at this strike prior to today, and today 200 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 about unusual options activity.
