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 often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming 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 |
---|---|---|---|---|---|---|---|---|
NVO | CALL | SWEEP | BEARISH | 04/19/24 | $125.00 | $149.6K | 19 | 4.3K |
IOVA | CALL | SWEEP | BULLISH | 02/23/24 | $10.00 | $31.2K | 369 | 3.3K |
VKTX | CALL | TRADE | BULLISH | 04/19/24 | $48.00 | $27.9K | 0 | 1.5K |
LLY | CALL | SWEEP | NEUTRAL | 04/19/24 | $900.00 | $60.0K | 1.0K | 1.4K |
SRPT | CALL | TRADE | BEARISH | 03/15/24 | $150.00 | $31.6K | 580 | 1.0K |
MRNA | PUT | SWEEP | BEARISH | 04/19/24 | $65.00 | $43.0K | 2.5K | 1.0K |
VTGN | CALL | TRADE | NEUTRAL | 03/15/24 | $5.00 | $40.6K | 77 | 717 |
PFE | CALL | SWEEP | BEARISH | 03/01/24 | $27.00 | $36.4K | 908 | 505 |
MDT | PUT | TRADE | BEARISH | 02/23/24 | $85.00 | $48.7K | 214 | 397 |
ARQT | CALL | SWEEP | BEARISH | 06/21/24 | $12.50 | $27.5K | 0 | 365 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding NVO NVO, we observe a call option sweep with bearish sentiment. It expires in 60 day(s) on April 19, 2024. Parties traded 272 contract(s) at a $125.00 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 $149.6K, with a price of $550.0 per contract. There were 19 open contracts at this strike prior to today, and today 4301 contract(s) were bought and sold.
• For IOVA IOVA, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on February 23, 2024. This event was a transfer of 693 contract(s) at a $10.00 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 $31.2K, with a price of $45.0 per contract. There were 369 open contracts at this strike prior to today, and today 3365 contract(s) were bought and sold.
• Regarding VKTX VKTX, we observe a call option trade with bullish sentiment. It expires in 60 day(s) on April 19, 2024. Parties traded 31 contract(s) at a $48.00 strike. The total cost received by the writing party (or parties) was $27.9K, with a price of $900.0 per contract. There were 0 open contracts at this strike prior to today, and today 1511 contract(s) were bought and sold.
• For LLY LLY, we notice a call option sweep that happens to be neutral, expiring in 60 day(s) on April 19, 2024. This event was a transfer of 60 contract(s) at a $900.00 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 $60.0K, with a price of $1000.0 per contract. There were 1044 open contracts at this strike prior to today, and today 1440 contract(s) were bought and sold.
• For SRPT SRPT, we notice a call option trade that happens to be bearish, expiring in 25 day(s) on March 15, 2024. This event was a transfer of 99 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $31.6K, with a price of $320.0 per contract. There were 580 open contracts at this strike prior to today, and today 1086 contract(s) were bought and sold.
• For MRNA MRNA, we notice a put option sweep that happens to be bearish, expiring in 60 day(s) on April 19, 2024. This event was a transfer of 426 contract(s) at a $65.00 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 $43.0K, with a price of $101.0 per contract. There were 2527 open contracts at this strike prior to today, and today 1035 contract(s) were bought and sold.
• Regarding VTGN VTGN, we observe a call option trade with neutral sentiment. It expires in 25 day(s) on March 15, 2024. Parties traded 700 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $40.6K, with a price of $58.0 per contract. There were 77 open contracts at this strike prior to today, and today 717 contract(s) were bought and sold.
• For PFE PFE, we notice a call option sweep that happens to be bearish, expiring in 11 day(s) on March 1, 2024. This event was a transfer of 400 contract(s) at a $27.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $36.4K, with a price of $92.0 per contract. There were 908 open contracts at this strike prior to today, and today 505 contract(s) were bought and sold.
• For MDT MDT, we notice a put option trade that happens to be bearish, expiring in 4 day(s) on February 23, 2024. This event was a transfer of 250 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $48.7K, with a price of $195.0 per contract. There were 214 open contracts at this strike prior to today, and today 397 contract(s) were bought and sold.
• For ARQT ARQT, we notice a call option sweep that happens to be bearish, expiring in 123 day(s) on June 21, 2024. This event was a transfer of 162 contract(s) at a $12.50 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 $27.5K, with a price of $170.0 per contract. There were 0 open contracts at this strike prior to today, and today 365 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 news on unusual options activity.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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