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
LTH PUT TRADE BULLISH 01/15/27 $35.00 $537.5K 586 2.5K
ASO CALL TRADE BULLISH 01/19/29 $27.50 $25.0K 109 1.0K
MCD CALL TRADE BULLISH 09/25/26 $230.00 $62.1K 9 1.0K
KSS CALL SWEEP BEARISH 01/15/27 $21.00 $49.3K 147 411
GME CALL TRADE BEARISH 06/17/27 $25.00 $45.0K 2.0K 323
LULU CALL TRADE NEUTRAL 01/15/27 $110.00 $225.1K 969 290
DASH CALL SWEEP BULLISH 10/16/26 $180.00 $70.7K 1 200
TSLA PUT TRADE BEARISH 03/19/27 $360.00 $35.7K 2.8K 168
W CALL SWEEP BEARISH 12/17/27 $77.50 $27.0K 2 11
BABA CALL TRADE BULLISH 09/17/27 $50.00 $31.7K 0 5

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding LTH (NYSE:LTH), we observe a put option trade with bullish sentiment. It expires in 114 day(s) on January 15, 2027. Parties traded 2500 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $537.5K, with a price of $215.0 per contract. There were 586 open contracts at this strike prior to today, and today 2500 contract(s) were bought and sold.

• Regarding ASO (NASDAQ:ASO), we observe a call option trade with bullish sentiment. It expires in 849 day(s) on January 19, 2029. Parties traded 10 contract(s) at a $27.50 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $2500.0 per contract. There were 109 open contracts at this strike prior to today, and today 1018 contract(s) were bought and sold.

• For MCD (NYSE:MCD), we notice a call option trade that happens to be bullish, expiring in 2 day(s) on September 25, 2026. This event was a transfer of 90 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $62.1K, with a price of $690.0 per contract. There were 9 open contracts at this strike prior to today, and today 1003 contract(s) were bought and sold.

• Regarding KSS (NYSE:KSS), we observe a call option sweep with bearish sentiment. It expires in 114 day(s) on January 15, 2027. Parties traded 411 contract(s) at a $21.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $49.3K, with a price of $120.0 per contract. There were 147 open contracts at this strike prior to today, and today 411 contract(s) were bought and sold.

• For GME (NYSE:GME), we notice a call option trade that happens to be bearish, expiring in 267 day(s) on June 17, 2027. This event was a transfer of 100 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $45.0K, with a price of $450.0 per contract. There were 2019 open contracts at this strike prior to today, and today 323 contract(s) were bought and sold.

• For LULU (NASDAQ:LULU), we notice a call option trade that happens to be neutral, expiring in 114 day(s) on January 15, 2027. This event was a transfer of 268 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $225.1K, with a price of $840.0 per contract. There were 969 open contracts at this strike prior to today, and today 290 contract(s) were bought and sold.

• Regarding DASH (NASDAQ:DASH), we observe a call option sweep with bullish sentiment. It expires in 23 day(s) on October 16, 2026. Parties traded 58 contract(s) at a $180.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $70.7K, with a price of $1220.0 per contract. There were 1 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.

• For TSLA (NASDAQ:TSLA), we notice a put option trade that happens to be bearish, expiring in 177 day(s) on March 19, 2027. This event was a transfer of 11 contract(s) at a $360.00 strike. The total cost received by the writing party (or parties) was $35.7K, with a price of $3250.0 per contract. There were 2821 open contracts at this strike prior to today, and today 168 contract(s) were bought and sold.

• For W (NYSE:W), we notice a call option sweep that happens to be bearish, expiring in 450 day(s) on December 17, 2027. This event was a transfer of 7 contract(s) at a $77.50 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 $27.0K, with a price of $3860.0 per contract. There were 2 open contracts at this strike prior to today, and today 11 contract(s) were bought and sold.

• Regarding BABA (NYSE:BABA), we observe a call option trade with bullish sentiment. It expires in 359 day(s) on September 17, 2027. Parties traded 5 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $31.7K, with a price of $6340.0 per contract. There were 0 open contracts at this strike prior to today, and today 5 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.