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
EH CALL SWEEP BEARISH 01/15/27 $25.00 $159.6K 167 38.3K
AAL CALL SWEEP BULLISH 12/17/27 $17.00 $43.5K 2.7K 200
LMT CALL SWEEP BULLISH 06/18/26 $480.00 $70.5K 172 25
BA CALL TRADE BEARISH 09/18/26 $185.00 $54.9K 40 8
AXON CALL TRADE NEUTRAL 01/15/27 $400.00 $39.4K 13 1

Explanation

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

• Regarding EH (NASDAQ:EH), we observe a call option sweep with bearish sentiment. It expires in 308 day(s) on January 15, 2027. Parties traded 779 contract(s) at a $25.00 strike. This particular call needed to be split into 32 different trades to become filled. The total cost received by the writing party (or parties) was $159.6K, with a price of $205.0 per contract. There were 167 open contracts at this strike prior to today, and today 38310 contract(s) were bought and sold.

• Regarding AAL (NASDAQ:AAL), we observe a call option sweep with bullish sentiment. It expires in 644 day(s) on December 17, 2027. Parties traded 180 contract(s) at a $17.00 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 $43.5K, with a price of $242.0 per contract. There were 2758 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.

• For LMT (NYSE:LMT), we notice a call option sweep that happens to be bullish, expiring in 97 day(s) on June 18, 2026. This event was a transfer of 25 contract(s) at a $480.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $70.5K, with a price of $2820.0 per contract. There were 172 open contracts at this strike prior to today, and today 25 contract(s) were bought and sold.

• Regarding BA (NYSE:BA), we observe a call option trade with bearish sentiment. It expires in 189 day(s) on September 18, 2026. Parties traded 8 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $54.9K, with a price of $6873.0 per contract. There were 40 open contracts at this strike prior to today, and today 8 contract(s) were bought and sold.

• Regarding AXON (NASDAQ:AXON), we observe a call option trade with neutral sentiment. It expires in 308 day(s) on January 15, 2027. Parties traded 1 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $39.4K, with a price of $39450.0 per contract. There were 13 open contracts at this strike prior to today, and today 1 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.