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
CAVA CALL TRADE BULLISH 09/18/26 $90.00 $71.4K 642 197
ABNB PUT TRADE BEARISH 01/15/27 $130.00 $155.9K 864 114
WGO PUT TRADE BULLISH 01/15/27 $30.00 $37.1K 65 65
RH PUT TRADE NEUTRAL 01/21/28 $135.00 $38.5K 22 10

Explanation

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

• Regarding CAVA (NYSE:CAVA), we observe a call option trade with bullish sentiment. It expires in 23 day(s) on September 18, 2026. Parties traded 70 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $71.4K, with a price of $1020.0 per contract. There were 642 open contracts at this strike prior to today, and today 197 contract(s) were bought and sold.

• Regarding ABNB (NASDAQ:ABNB), we observe a put option trade with bearish sentiment. It expires in 142 day(s) on January 15, 2027. Parties traded 111 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $155.9K, with a price of $1405.0 per contract. There were 864 open contracts at this strike prior to today, and today 114 contract(s) were bought and sold.

• Regarding WGO (NYSE:WGO), we observe a put option trade with bullish sentiment. It expires in 142 day(s) on January 15, 2027. Parties traded 65 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $37.1K, with a price of $571.0 per contract. There were 65 open contracts at this strike prior to today, and today 65 contract(s) were bought and sold.

• For RH (NYSE:RH), we notice a put option trade that happens to be neutral, expiring in 513 day(s) on January 21, 2028. This event was a transfer of 10 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $38.5K, with a price of $3850.0 per contract. There were 22 open contracts at this strike prior to today, and today 10 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.