10 Health Care Stocks Whale Activity In Today's Session

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.

Below are some instances of options activity happening in the Health Care sector:

Explanation

These itemized elaborations have been created using the accompanying table.

• For EXEL EXEL, we notice a put option trade that happens to be bullish, expiring in 116 day(s) on May 17, 2024. This event was a transfer of 5591 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $559.1K, with a price of $100.0 per contract. There were 675 open contracts at this strike prior to today, and today 7062 contract(s) were bought and sold.

• For JNJ JNJ, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on January 26, 2024. This event was a transfer of 662 contract(s) at a $165.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $58.9K, with a price of $89.0 per contract. There were 2489 open contracts at this strike prior to today, and today 2210 contract(s) were bought and sold.

• For LQDA LQDA, we notice a call option sweep that happens to be bearish, expiring in 25 day(s) on February 16, 2024. This event was a transfer of 250 contract(s) at a $12.50 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $25.0K, with a price of $100.0 per contract. There were 1347 open contracts at this strike prior to today, and today 598 contract(s) were bought and sold.

• For TEVA TEVA, we notice a put option sweep that happens to be bullish, expiring in 151 day(s) on June 21, 2024. This event was a transfer of 226 contract(s) at a $12.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $28.7K, with a price of $127.0 per contract. There were 2961 open contracts at this strike prior to today, and today 550 contract(s) were bought and sold.

• Regarding GILD GILD, we observe a put option sweep with bearish sentiment. It expires in 725 day(s) on January 16, 2026. Parties traded 30 contract(s) at a $80.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $31.8K, with a price of $1060.0 per contract. There were 29 open contracts at this strike prior to today, and today 337 contract(s) were bought and sold.

• For KALV KALV, we notice a call option sweep that happens to be bullish, expiring in 25 day(s) on February 16, 2024. This event was a transfer of 229 contract(s) at a $15.00 strike. This particular call needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $51.4K, with a price of $225.0 per contract. There were 580 open contracts at this strike prior to today, and today 229 contract(s) were bought and sold.

• Regarding ABBV ABBV, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on January 26, 2024. Parties traded 140 contract(s) at a $162.50 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 $37.8K, with a price of $270.0 per contract. There were 718 open contracts at this strike prior to today, and today 198 contract(s) were bought and sold.

• For VRTX VRTX, we notice a put option sweep that happens to be bearish, expiring in 11 day(s) on February 2, 2024. This event was a transfer of 142 contract(s) at a $425.00 strike. This particular put needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $48.2K, with a price of $340.0 per contract. There were 87 open contracts at this strike prior to today, and today 161 contract(s) were bought and sold.

• For CVS CVS, we notice a put option sweep that happens to be bullish, expiring in 207 day(s) on August 16, 2024. This event was a transfer of 37 contract(s) at a $87.50 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $50.6K, with a price of $1370.0 per contract. There were 3 open contracts at this strike prior to today, and today 143 contract(s) were bought and sold.

• For A A, we notice a put option trade that happens to be bullish, expiring in 53 day(s) on March 15, 2024. This event was a transfer of 96 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $25.9K, with a price of $270.0 per contract. There were 52 open contracts at this strike prior to today, and today 102 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, visit our Guide to Understanding Options Alerts or read more about unusual options activity.

This article was generated by Benzinga's automated content engine and reviewed by an editor.