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
TSLA CALL SWEEP NEUTRAL 10/09/26 $370.00 $30.7K 4.9K 21.1K
MAT CALL TRADE BULLISH 10/16/26 $16.00 $50.0K 8.2K 3.5K
RIVN CALL TRADE BULLISH 12/17/27 $15.00 $231.0K 6.5K 1.4K
WYNN PUT TRADE NEUTRAL 09/17/27 $70.00 $1.0 million 277 1.2K
LVS PUT TRADE NEUTRAL 09/17/27 $32.50 $345.0K 391 1.0K
HD CALL SWEEP BULLISH 01/15/27 $280.00 $132.5K 185 107
SE CALL SWEEP BULLISH 01/21/28 $115.00 $32.3K 589 20
LULU PUT TRADE BEARISH 01/21/28 $300.00 $145.0K 0 7
MELI CALL TRADE BEARISH 11/20/26 $1800.00 $28.4K 51 2

Explanation

These itemized elaborations have been created using the accompanying table.

• For TSLA (NASDAQ:TSLA), we notice a call option sweep that happens to be neutral, expiring in 1 day(s) on October 9, 2026. This event was a transfer of 99 contract(s) at a $370.00 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 $30.7K, with a price of $313.0 per contract. There were 4967 open contracts at this strike prior to today, and today 21168 contract(s) were bought and sold.

• For MAT (NASDAQ:MAT), we notice a call option trade that happens to be bullish, expiring in 8 day(s) on October 16, 2026. This event was a transfer of 500 contract(s) at a $16.00 strike. The total cost received by the writing party (or parties) was $50.0K, with a price of $100.0 per contract. There were 8220 open contracts at this strike prior to today, and today 3542 contract(s) were bought and sold.

• Regarding RIVN (NASDAQ:RIVN), we observe a call option trade with bullish sentiment. It expires in 435 day(s) on December 17, 2027. Parties traded 600 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $231.0K, with a price of $385.0 per contract. There were 6530 open contracts at this strike prior to today, and today 1486 contract(s) were bought and sold.

• For WYNN (NASDAQ:WYNN), we notice a put option trade that happens to be neutral, expiring in 344 day(s) on September 17, 2027. This event was a transfer of 1250 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $1.0 million, with a price of $815.0 per contract. There were 277 open contracts at this strike prior to today, and today 1250 contract(s) were bought and sold.

• Regarding LVS (NYSE:LVS), we observe a put option trade with neutral sentiment. It expires in 344 day(s) on September 17, 2027. Parties traded 1000 contract(s) at a $32.50 strike. The total cost received by the writing party (or parties) was $345.0K, with a price of $345.0 per contract. There were 391 open contracts at this strike prior to today, and today 1053 contract(s) were bought and sold.

• For HD (NYSE:HD), we notice a call option sweep that happens to be bullish, expiring in 99 day(s) on January 15, 2027. This event was a transfer of 50 contract(s) at a $280.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $132.5K, with a price of $2650.0 per contract. There were 185 open contracts at this strike prior to today, and today 107 contract(s) were bought and sold.

• For SE (NYSE:SE), we notice a call option sweep that happens to be bullish, expiring in 470 day(s) on January 21, 2028. This event was a transfer of 20 contract(s) at a $115.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $32.3K, with a price of $1615.0 per contract. There were 589 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold.

• For LULU (NASDAQ:LULU), we notice a put option trade that happens to be bearish, expiring in 470 day(s) on January 21, 2028. This event was a transfer of 7 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $145.0K, with a price of $20715.0 per contract. There were 0 open contracts at this strike prior to today, and today 7 contract(s) were bought and sold.

• Regarding MELI (NASDAQ:MELI), we observe a call option trade with bearish sentiment. It expires in 43 day(s) on November 20, 2026. Parties traded 2 contract(s) at a $1800.00 strike. The total cost received by the writing party (or parties) was $28.4K, with a price of $14200.0 per contract. There were 51 open contracts at this strike prior to today, and today 2 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.