10 Financials 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 Financials sector:

Explanation

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

• For COIN COIN, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 200 contract(s) at a $140.00 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 $25.0K, with a price of $125.0 per contract. There were 4530 open contracts at this strike prior to today, and today 17772 contract(s) were bought and sold.

• For HOOD HOOD, we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on February 16, 2024. This event was a transfer of 500 contract(s) at a $11.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $50.0K, with a price of $100.0 per contract. There were 64436 open contracts at this strike prior to today, and today 5107 contract(s) were bought and sold.

• For AFRM AFRM, we notice a put option sweep that happens to be bullish, expiring in 7 day(s) on February 16, 2024. This event was a transfer of 130 contract(s) at a $43.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $27.4K, with a price of $212.0 per contract. There were 720 open contracts at this strike prior to today, and today 2478 contract(s) were bought and sold.

• For USB USB, we notice a put option sweep that happens to be bearish, expiring in 98 day(s) on May 17, 2024. This event was a transfer of 2361 contract(s) at a $27.50 strike. This particular put needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $47.4K, with a price of $20.0 per contract. There were 0 open contracts at this strike prior to today, and today 2361 contract(s) were bought and sold.

• Regarding MS MS, we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on February 16, 2024. Parties traded 500 contract(s) at a $87.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $27.5K, with a price of $55.0 per contract. There were 2069 open contracts at this strike prior to today, and today 2232 contract(s) were bought and sold.

• For BX BX, we notice a put option sweep that happens to be bearish, expiring in 7 day(s) on February 16, 2024. This event was a transfer of 204 contract(s) at a $128.00 strike. This particular put needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $50.0K, with a price of $245.0 per contract. There were 218 open contracts at this strike prior to today, and today 688 contract(s) were bought and sold.

• Regarding NYCB NYCB, we observe a call option sweep with bearish sentiment. It expires in 161 day(s) on July 19, 2024. Parties traded 200 contract(s) at a $5.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $28.0K, with a price of $140.0 per contract. There were 4936 open contracts at this strike prior to today, and today 645 contract(s) were bought and sold.

• Regarding PYPL PYPL, we observe a put option trade with neutral sentiment. It expires in 497 day(s) on June 20, 2025. Parties traded 394 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $512.2K, with a price of $1300.0 per contract. There were 384 open contracts at this strike prior to today, and today 394 contract(s) were bought and sold.

• For RILY RILY, we notice a call option trade that happens to be neutral, expiring in 21 day(s) on March 1, 2024. This event was a transfer of 300 contract(s) at a $25.50 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $100.0 per contract. There were 66 open contracts at this strike prior to today, and today 300 contract(s) were bought and sold.

• For HBAN HBAN, we notice a put option sweep that happens to be bearish, expiring in 70 day(s) on April 19, 2024. This event was a transfer of 200 contract(s) at a $15.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $53.0K, with a price of $265.0 per contract. There were 202 open contracts at this strike prior to today, and today 200 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.