Simon Property Group Whale Trades for September 27

Someone with a lot of money to spend has taken a bullish stance on Simon Property Group SPG.

And retailers should know.

We noticed this today when the big position appeared on the history of publicly available options that we track here at Benzinga.

Whether it's an institution or just a wealthy individual, we don't know. But when something this big happens with SPG, it often means someone knows something is going to happen.

So how do we know what this whale just did?

Benzinga's options scanner today spotted 10 unusual options trades for Simon Property Group.

This is not normal.

The general sentiment of these big traders is split between 60% bullish and 40% bearish.

Of all the special options we discovered, 5 are puts, totaling $565,201, and 5 are calls, totaling $1,586,822 $.
What is the target price?
Given the volume and open interest on these contracts, it appears that whales have targeted a price range of $80.0 to $140.0 for Simon Property Group at past 3 months.
Development of volume and open interest
In terms of liquidity and interest, the average open interest for Simon Property Group options trades today is 549.17 with a total volume of 9,097, 00.

In the following graph, we are able to follow the evolution of the volume and the open interest of call and put options for large transactions of Simon Property Group in a strike price range of $80.0 to $140.0 over the last 30 days.
Simon Real Estate Group Options Volume and Open Interest in the Last 30 Days The biggest options spotted: Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume GPS CALL SWEEP BULLISH 10/21/22 $90.00 $838,000 586 321 GPS CALL SWEEP BULLISH 10/21/22 $90.00 $529.4,000 586 2.6K GPS PUT SWEEP BEARISH 11/18/22 $90.00 $419,500 273 914 GPS CALL SWEEP BULLISH 10/21/22 $90.00 $130,300 586 4.5K GPS CALL TRADE BULLISH 06/16/23 $80.00 $44.5,000 89 75
Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume GPS CALL SWEEP BULLISH 10/21/22 $90.00 $838,000 586 321 GPS CALL SWEEP BULLISH 10/21/22 $90.00 $529.4,000 586 2.6K GPS PUT SWEEP BEARISH 11/18/22 $90.00 $419,500 273 914 GPS CALL SWEEP BULLISH 10/21/22 $90.00 $130,300 586 4.5K GPS CALL TRADE BULLISH 06/16/23 $80.00 $44.5,000 89 75
Where is Simon Property Group currently located? With a volume of 2,611,119, the SPG price is up 1.92% to $89.04. The RSI indicators suggest that the underlying stock could be o...

Business Sep 28, 2022 0 75 Add to Reading List

Simon Property Group Whale Trades for September 27

Someone with a lot of money to spend has taken a bullish stance on Simon Property Group SPG.

And retailers should know.

We noticed this today when the big position appeared on the history of publicly available options that we track here at Benzinga.

Whether it's an institution or just a wealthy individual, we don't know. But when something this big happens with SPG, it often means someone knows something is going to happen.

So how do we know what this whale just did?

Benzinga's options scanner today spotted 10 unusual options trades for Simon Property Group.

This is not normal.

The general sentiment of these big traders is split between 60% bullish and 40% bearish.

Of all the special options we discovered, 5 are puts, totaling $565,201, and 5 are calls, totaling $1,586,822 $.

What is the target price?

Given the volume and open interest on these contracts, it appears that whales have targeted a price range of $80.0 to $140.0 for Simon Property Group at past 3 months.

Development of volume and open interest

In terms of liquidity and interest, the average open interest for Simon Property Group options trades today is 549.17 with a total volume of 9,097, 00.

In the following graph, we are able to follow the evolution of the volume and the open interest of call and put options for large transactions of Simon Property Group in a strike price range of $80.0 to $140.0 over the last 30 days.

Simon Real Estate Group Options Volume and Open Interest in the Last 30 Days The biggest options spotted: Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume GPS CALL SWEEP BULLISH 10/21/22 $90.00 $838,000 586 321 GPS CALL SWEEP BULLISH 10/21/22 $90.00 $529.4,000 586 2.6K GPS PUT SWEEP BEARISH 11/18/22 $90.00 $419,500 273 914 GPS CALL SWEEP BULLISH 10/21/22 $90.00 $130,300 586 4.5K GPS CALL TRADE BULLISH 06/16/23 $80.00 $44.5,000 89 75

Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume GPS CALL SWEEP BULLISH 10/21/22 $90.00 $838,000 586 321 GPS CALL SWEEP BULLISH 10/21/22 $90.00 $529.4,000 586 2.6K GPS PUT SWEEP BEARISH 11/18/22 $90.00 $419,500 273 914 GPS CALL SWEEP BULLISH 10/21/22 $90.00 $130,300 586 4.5K GPS CALL TRADE BULLISH 06/16/23 $80.00 $44.5,000 89 75 Where is Simon Property Group currently located? With a volume of 2,611,119, the SPG price is up 1.92% to $89.04. The RSI indicators suggest that the underlying stock could be o...