This whale alert can help traders discover the next big trade opportunities.

Whales are big money entities and we track their transactions here at Benzinga on our options activity scanner.

Traders will look for circumstances where the market estimate of an option deviates significantly from its normal value. High volumes of trading activity could drive option prices to overstated or understated levels.

Here is the list of options activities happening in today’s session:

Symbol	PUT/CALL	Kind of trade	Feeling	Exp. Date	Strike price	Total trade price	open interest	Volume
Bx	PUT	TRADE	BEARISH	08/19/22	$80.00	$27.5,000	73	6.0K
SOFI	CALL	TRADE	BEARISH	01/19/24	$12.50	$44,000	13.4K	1.7K
FOCUS	PUT	TRADE	BEARISH	09/16/22	$30.00	$32,200	seven	482
VS	PUT	TRADE	BULLISH	06/17/22	$55.00	$39,500	40.2K	245
SYF	CALL	SWEEP	BEARISH	01/20/23	$30.00	$27,000	177	196
UPST	PUT	TRADE	BULLISH	01/20/23	$190.00	$31,800	79	68
PIECE OF MONEY	PUT	SWEEP	BULLISH	06/17/22	$66.00	$28,000	318	29
MRS	CALL	TRADE	BEARISH	08/19/22	$45.00	$29,200	12	ten

Explanation

These detailed elaborations were created using the attached table.

• Re Bx Bxwe observe a put option Trade with bearish feeling. It expires in 64 day(s) on August 19, 2022. Parts exchanged 55 one-to-one contract(s) $80.00 strike. The total cost received by the writing party (or parties) has been $27.5,000with a price of $500.0 by contract. There was 73 contracts open to this strike before today, and today 6024 contract(s) have been bought and sold.

• For SOFI SOFIwe notice a call option Trade it happens to be bearishexpiring in 582 day(s) on January 19, 2024. This event was a transfer of 474 one-to-one contract(s) $12.50 strike. The total cost received by the writing party (or parties) has been $44,000with a price of $93.0 by contract. There was 13451 contracts open to this strike before today, and today 1780 contract(s) have been bought and sold.

• Re FOCUS FOCUSwe observe a put option Trade with bearish feeling. It expires in 92 day(s) on September 16, 2022. Parts exchanged 150 one-to-one contract(s) $30.00 strike. The total cost received by the writing party (or parties) has been $32,200with a price of $215.0 by contract. There was seven contracts open to this strike before today, and today 482 contract(s) have been bought and sold.

• Re VS VSwe observe a put option Trade with bullish feeling. It expires in 1 day(s) on June 17, 2022. Parts exchanged 50 one-to-one contract(s) $55.00 strike. The total cost received by the writing party (or parties) has been $39,500with a price of $790.0 by contract. There was 40294 contracts open to this strike before today, and today 245 contract(s) have been bought and sold.

• Re SYF SYFwe observe a call option sweep with bearish feeling. It expires in 218 day(s) on January 20, 2023. Parts exchanged 75 one-to-one contract(s) $30.00 strike. This particular call had to be split into 3 different trades to be filled. The total cost received by the writing party (or parties) has been $27,000with a price of $360.0 by contract. There was 177 contracts open to this strike before today, and today 196 contract(s) have been bought and sold.

• Re UPST UPSTwe observe a put option Trade with bullish feeling. It expires in 218 day(s) on January 20, 2023. Parts exchanged 2 one-to-one contract(s) $190.00 strike. The total cost received by the writing party (or parties) has been $31,800with a price of $15940.0 by contract. There was 79 contracts open to this strike before today, and today 68 contract(s) have been bought and sold.

• Re PIECE OF MONEY PIECE OF MONEYwe observe a put option sweep with bullish feeling. It expires in 1 day(s) on June 17, 2022. Parts exchanged 20 one-to-one contract(s) $66.00 strike. This particular put had to be split into 8 different trades to be filled. The total cost received by the writing party (or parties) has been $28,000with a price of $1400.0 by contract. There was 318 contracts open to this strike before today, and today 29 contract(s) have been bought and sold.

• For MRS MRSwe notice a call option Trade it happens to be bearishexpiring in 64 day(s) on August 19, 2022. This event was a transfer of ten one-to-one contract(s) $45.00 strike. The total cost received by the writing party (or parties) has been $29,200with a price of $2925.0 by contract. There was 12 contracts open to this strike before today, and today ten contract(s) have been bought and sold.

Options Alert Terminology
– Call contracts: The right to purchase shares as stated in the contract.
– Put contracts: The right to sell shares as stated in the contract.
– Expiration date: When the contract expires. We must act on the contract on this date if we want to use it.
– Premium/Option Price: The contract price.

For more information visit our Guide to Understanding Options Alerts or read more news about unusual options activity.

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