10 Industrials 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.

Here's the list of options activity happening in today's session:

Explanation

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

• For EMR EMR, we notice a put option sweep that happens to be bearish, expiring in 121 day(s) on June 21, 2024. This event was a transfer of 126 contract(s) at a $97.50 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $25.8K, with a price of $205.0 per contract. There were 163 open contracts at this strike prior to today, and today 944 contract(s) were bought and sold.

• Regarding WM WM, we observe a call option sweep with bearish sentiment. It expires in 9 day(s) on March 1, 2024. Parties traded 299 contract(s) at a $205.00 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 $43.3K, with a price of $145.0 per contract. There were 524 open contracts at this strike prior to today, and today 674 contract(s) were bought and sold.

• For BLDR BLDR, we notice a put option sweep that happens to be bearish, expiring in 23 day(s) on March 15, 2024. This event was a transfer of 438 contract(s) at a $170.00 strike. This particular put needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $175.2K, with a price of $400.0 per contract. There were 1128 open contracts at this strike prior to today, and today 447 contract(s) were bought and sold.

• For UBER UBER, we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on February 23, 2024. This event was a transfer of 320 contract(s) at a $74.00 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 $82.5K, with a price of $258.0 per contract. There were 487 open contracts at this strike prior to today, and today 437 contract(s) were bought and sold.

• For BA BA, we notice a put option trade that happens to be bearish, expiring in 485 day(s) on June 20, 2025. This event was a transfer of 400 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $211.6K, with a price of $529.0 per contract. There were 28 open contracts at this strike prior to today, and today 400 contract(s) were bought and sold.

• For FDX FDX, we notice a call option trade that happens to be bearish, expiring in 23 day(s) on March 15, 2024. This event was a transfer of 100 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $52.0K, with a price of $520.0 per contract. There were 1822 open contracts at this strike prior to today, and today 258 contract(s) were bought and sold.

• Regarding UAL UAL, we observe a call option sweep with bearish sentiment. It expires in 695 day(s) on January 16, 2026. Parties traded 120 contract(s) at a $60.00 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 $60.6K, with a price of $505.0 per contract. There were 1036 open contracts at this strike prior to today, and today 120 contract(s) were bought and sold.

• For PCTY PCTY, we notice a put option trade that happens to be bearish, expiring in 23 day(s) on March 15, 2024. This event was a transfer of 71 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $33.0K, with a price of $465.0 per contract. There were 10 open contracts at this strike prior to today, and today 77 contract(s) were bought and sold.

• For PAYC PAYC, we notice a put option sweep that happens to be neutral, expiring in 58 day(s) on April 19, 2024. This event was a transfer of 38 contract(s) at a $185.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $39.5K, with a price of $1040.0 per contract. There were 20 open contracts at this strike prior to today, and today 39 contract(s) were bought and sold.

• For CAR CAR, we notice a call option sweep that happens to be bullish, expiring in 177 day(s) on August 16, 2024. This event was a transfer of 27 contract(s) at a $110.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $42.9K, with a price of $1590.0 per contract. There were 38 open contracts at this strike prior to today, and today 29 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.