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
TSLA PUT SWEEP BEARISH 07/24/26 $307.50 $30.4K 0 142.5K
AMZN PUT TRADE BEARISH 07/29/26 $300.00 $134.3K 0 2.4K
CCL PUT TRADE BEARISH 07/31/26 $26.50 $40.5K 625 1.1K
NKE PUT TRADE BEARISH 07/31/26 $42.50 $58.5K 981 1.0K
PDD CALL TRADE BEARISH 01/21/28 $200.00 $116.3K 6.4K 651
RIVN CALL TRADE BEARISH 03/19/27 $18.00 $126.0K 58 400
SGI CALL SWEEP BULLISH 08/21/26 $75.00 $30.0K 8.7K 292
W PUT TRADE BULLISH 07/31/26 $86.00 $39.3K 623 115
GM CALL SWEEP BEARISH 01/15/27 $100.00 $29.0K 927 107
BURL PUT TRADE BEARISH 10/16/26 $340.00 $38.8K 161 18

Explanation

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

• For TSLA (NASDAQ:TSLA), we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 500 contract(s) at a $307.50 strike. This particular put needed to be split into 32 different trades to become filled. The total cost received by the writing party (or parties) was $30.4K, with a price of $61.0 per contract. There were 0 open contracts at this strike prior to today, and today 142562 contract(s) were bought and sold.

• For AMZN (NASDAQ:AMZN), we notice a put option trade that happens to be bearish, expiring in 5 day(s) on July 29, 2026. This event was a transfer of 20 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $134.3K, with a price of $6715.0 per contract. There were 0 open contracts at this strike prior to today, and today 2498 contract(s) were bought and sold.

• Regarding CCL (NYSE:CCL), we observe a put option trade with bearish sentiment. It expires in 7 day(s) on July 31, 2026. Parties traded 500 contract(s) at a $26.50 strike. The total cost received by the writing party (or parties) was $40.5K, with a price of $81.0 per contract. There were 625 open contracts at this strike prior to today, and today 1101 contract(s) were bought and sold.

• Regarding NKE (NYSE:NKE), we observe a put option trade with bearish sentiment. It expires in 7 day(s) on July 31, 2026. Parties traded 500 contract(s) at a $42.50 strike. The total cost received by the writing party (or parties) was $58.5K, with a price of $117.0 per contract. There were 981 open contracts at this strike prior to today, and today 1033 contract(s) were bought and sold.

• Regarding PDD (NASDAQ:PDD), we observe a call option trade with bearish sentiment. It expires in 546 day(s) on January 21, 2028. Parties traded 650 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $116.3K, with a price of $179.0 per contract. There were 6486 open contracts at this strike prior to today, and today 651 contract(s) were bought and sold.

• Regarding RIVN (NASDAQ:RIVN), we observe a call option trade with bearish sentiment. It expires in 238 day(s) on March 19, 2027. Parties traded 400 contract(s) at a $18.00 strike. The total cost received by the writing party (or parties) was $126.0K, with a price of $315.0 per contract. There were 58 open contracts at this strike prior to today, and today 400 contract(s) were bought and sold.

• Regarding SGI (NYSE:SGI), we observe a call option sweep with bullish sentiment. It expires in 28 day(s) on August 21, 2026. Parties traded 94 contract(s) at a $75.00 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 $30.0K, with a price of $320.0 per contract. There were 8741 open contracts at this strike prior to today, and today 292 contract(s) were bought and sold.

• For W (NYSE:W), we notice a put option trade that happens to be bullish, expiring in 7 day(s) on July 31, 2026. This event was a transfer of 114 contract(s) at a $86.00 strike. The total cost received by the writing party (or parties) was $39.3K, with a price of $345.0 per contract. There were 623 open contracts at this strike prior to today, and today 115 contract(s) were bought and sold.

• For GM (NYSE:GM), we notice a call option sweep that happens to be bearish, expiring in 175 day(s) on January 15, 2027. This event was a transfer of 100 contract(s) at a $100.00 strike. 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 $29.0K, with a price of $290.0 per contract. There were 927 open contracts at this strike prior to today, and today 107 contract(s) were bought and sold.

• Regarding BURL (NYSE:BURL), we observe a put option trade with bearish sentiment. It expires in 84 day(s) on October 16, 2026. Parties traded 18 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $38.8K, with a price of $2160.0 per contract. There were 161 open contracts at this strike prior to today, and today 18 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 about unusual options activity.

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