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:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
HROW | CALL | TRADE | BULLISH | 04/19/24 | $11.00 | $25.5K | 109 | 621 |
ZTS | PUT | SWEEP | BULLISH | 04/19/24 | $175.00 | $101.5K | 1.1K | 512 |
SHC | CALL | SWEEP | BULLISH | 05/17/24 | $15.00 | $64.1K | 27 | 285 |
ABBV | CALL | TRADE | BULLISH | 04/19/24 | $180.00 | $33.1K | 3.4K | 272 |
IMTX | CALL | TRADE | BEARISH | 01/17/25 | $10.00 | $78.2K | 4 | 202 |
LQDA | CALL | SWEEP | BEARISH | 07/19/24 | $10.00 | $38.2K | 259 | 115 |
MDGL | PUT | TRADE | BEARISH | 04/19/24 | $250.00 | $27.7K | 120 | 83 |
DXCM | CALL | TRADE | BEARISH | 01/17/25 | $155.00 | $45.8K | 293 | 33 |
AMGN | CALL | SWEEP | BULLISH | 06/21/24 | $260.00 | $32.7K | 420 | 16 |
LLY | PUT | SWEEP | BEARISH | 06/21/24 | $910.00 | $44.1K | 0 | 5 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding HROW HROW, we observe a call option trade with bullish sentiment. It expires in 32 day(s) on April 19, 2024. Parties traded 300 contract(s) at a $11.00 strike. The total cost received by the writing party (or parties) was $25.5K, with a price of $85.0 per contract. There were 109 open contracts at this strike prior to today, and today 621 contract(s) were bought and sold.
• Regarding ZTS ZTS, we observe a put option sweep with bullish sentiment. It expires in 32 day(s) on April 19, 2024. Parties traded 169 contract(s) at a $175.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $101.5K, with a price of $600.0 per contract. There were 1100 open contracts at this strike prior to today, and today 512 contract(s) were bought and sold.
• Regarding SHC SHC, we observe a call option sweep with bullish sentiment. It expires in 60 day(s) on May 17, 2024. Parties traded 715 contract(s) at a $15.00 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 $64.1K, with a price of $95.0 per contract. There were 27 open contracts at this strike prior to today, and today 285 contract(s) were bought and sold.
• For ABBV ABBV, we notice a call option trade that happens to be bullish, expiring in 32 day(s) on April 19, 2024. This event was a transfer of 107 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $33.1K, with a price of $310.0 per contract. There were 3471 open contracts at this strike prior to today, and today 272 contract(s) were bought and sold.
• For IMTX IMTX, we notice a call option trade that happens to be bearish, expiring in 305 day(s) on January 17, 2025. This event was a transfer of 200 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $78.2K, with a price of $391.0 per contract. There were 4 open contracts at this strike prior to today, and today 202 contract(s) were bought and sold.
• For LQDA LQDA, we notice a call option sweep that happens to be bearish, expiring in 123 day(s) on July 19, 2024. This event was a transfer of 58 contract(s) at a $10.00 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 $38.2K, with a price of $660.0 per contract. There were 259 open contracts at this strike prior to today, and today 115 contract(s) were bought and sold.
• Regarding MDGL MDGL, we observe a put option trade with bearish sentiment. It expires in 32 day(s) on April 19, 2024. Parties traded 44 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $27.7K, with a price of $630.0 per contract. There were 120 open contracts at this strike prior to today, and today 83 contract(s) were bought and sold.
• For DXCM DXCM, we notice a call option trade that happens to be bearish, expiring in 305 day(s) on January 17, 2025. This event was a transfer of 33 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $45.8K, with a price of $1390.0 per contract. There were 293 open contracts at this strike prior to today, and today 33 contract(s) were bought and sold.
• For AMGN AMGN, we notice a call option sweep that happens to be bullish, expiring in 95 day(s) on June 21, 2024. This event was a transfer of 15 contract(s) at a $260.00 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 $32.7K, with a price of $2185.0 per contract. There were 420 open contracts at this strike prior to today, and today 16 contract(s) were bought and sold.
• Regarding LLY LLY, we observe a put option sweep with bearish sentiment. It expires in 95 day(s) on June 21, 2024. Parties traded 3 contract(s) at a $910.00 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 $44.1K, with a price of $14705.0 per contract. There were 0 open contracts at this strike prior to today, and today 5 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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