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 will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated 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
AMZN CALL TRADE BULLISH 01/15/27 $300.00 $34.1K 24.2K 3.6K
PDD CALL TRADE BULLISH 06/18/26 $140.00 $38.7K 4.6K 25
CVNA CALL TRADE BULLISH 01/15/27 $280.00 $207.4K 422 21
DUOL CALL TRADE BULLISH 01/15/27 $300.00 $37.2K 102 0
LI PUT TRADE BULLISH 01/15/27 $45.00 $250.0K 249 0

Explanation

These itemized elaborations have been created using the accompanying table.

• For AMZN (NASDAQ:AMZN), we notice a call option trade that happens to be bullish, expiring in 291 day(s) on January 15, 2027. This event was a transfer of 15 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $34.1K, with a price of $2275.0 per contract. There were 24294 open contracts at this strike prior to today, and today 3642 contract(s) were bought and sold.

• Regarding PDD (NASDAQ:PDD), we observe a call option trade with bullish sentiment. It expires in 80 day(s) on June 18, 2026. Parties traded 25 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $38.7K, with a price of $1550.0 per contract. There were 4646 open contracts at this strike prior to today, and today 25 contract(s) were bought and sold.

• For CVNA (NYSE:CVNA), we notice a call option trade that happens to be bullish, expiring in 291 day(s) on January 15, 2027. This event was a transfer of 20 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $207.4K, with a price of $10372.0 per contract. There were 422 open contracts at this strike prior to today, and today 21 contract(s) were bought and sold.

• Regarding DUOL (NASDAQ:DUOL), we observe a call option trade with bullish sentiment. It expires in 291 day(s) on January 15, 2027. Parties traded 5 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $37.2K, with a price of $7450.0 per contract. There were 102 open contracts at this strike prior to today, and today 0 contract(s) were bought and sold.

• Regarding LI (NASDAQ:LI), we observe a put option trade with bullish sentiment. It expires in 291 day(s) on January 15, 2027. Parties traded 100 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $250.0K, with a price of $2500.0 per contract. There were 249 open contracts at this strike prior to today, and today 0 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, read more news on unusual options activity.

This article was generated by Benzinga's automated content engine and reviewed by an editor.