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 PUT SWEEP BEARISH 01/15/27 $180.00 $32.6K 9.6K 205
SBUX PUT TRADE BEARISH 01/15/27 $95.00 $79.8K 1.8K 62
MCD PUT TRADE BEARISH 05/15/26 $280.00 $26.0K 1 25

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding AMZN (NASDAQ:AMZN), we observe a put option sweep with bearish sentiment. It expires in 281 day(s) on January 15, 2027. Parties traded 34 contract(s) at a $180.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $32.6K, with a price of $960.0 per contract. There were 9600 open contracts at this strike prior to today, and today 205 contract(s) were bought and sold.

• For SBUX (NASDAQ:SBUX), we notice a put option trade that happens to be bearish, expiring in 281 day(s) on January 15, 2027. This event was a transfer of 60 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $79.8K, with a price of $1330.0 per contract. There were 1870 open contracts at this strike prior to today, and today 62 contract(s) were bought and sold.

• Regarding MCD (NYSE:MCD), we observe a put option trade with bearish sentiment. It expires in 36 day(s) on May 15, 2026. Parties traded 25 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $1040.0 per contract. There were 1 open contracts at this strike prior to today, and today 25 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.