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 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.

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 NVAX NVAX, we notice a call option trade that happens to be bearish, expiring in 4 day(s) on June 28, 2024. This event was a transfer of 5627 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $129.4K, with a price of $23.0 per contract. There were 1004 open contracts at this strike prior to today, and today 2432 contract(s) were bought and sold.

• Regarding INSM INSM, we observe a put option trade with bullish sentiment. It expires in 207 day(s) on January 17, 2025. Parties traded 1000 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $810.0K, with a price of $810.0 per contract. There were 0 open contracts at this strike prior to today, and today 2000 contract(s) were bought and sold.

• Regarding HIMS HIMS, we observe a call option trade with bearish sentiment. It expires in 4 day(s) on June 28, 2024. Parties traded 2835 contract(s) at a $24.00 strike. The total cost received by the writing party (or parties) was $65.2K, with a price of $23.0 per contract. There were 1283 open contracts at this strike prior to today, and today 1454 contract(s) were bought and sold.

• Regarding MDT MDT, we observe a call option trade with bullish sentiment. It expires in 4 day(s) on June 28, 2024. Parties traded 582 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $79.7K, with a price of $137.0 per contract. There were 255 open contracts at this strike prior to today, and today 421 contract(s) were bought and sold.

• Regarding VKTX VKTX, we observe a call option trade with bullish sentiment. It expires in 207 day(s) on January 17, 2025. Parties traded 26 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $77.4K, with a price of $2980.0 per contract. There were 984 open contracts at this strike prior to today, and today 61 contract(s) were bought and sold.

• For RXRX RXRX, we notice a call option sweep that happens to be bullish, expiring in 179 day(s) on December 20, 2024. This event was a transfer of 200 contract(s) at a $10.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $41.0K, with a price of $205.0 per contract. There were 205 open contracts at this strike prior to today, and today 19 contract(s) were bought and sold.

• For AMGN AMGN, we notice a call option trade that happens to be bullish, expiring in 179 day(s) on December 20, 2024. This event was a transfer of 30 contract(s) at a $350.00 strike. The total cost received by the writing party (or parties) was $36.9K, with a price of $1230.0 per contract. There were 18 open contracts at this strike prior to today, and today 10 contract(s) were bought and sold.

• For SOLV SOLV, we notice a put option sweep that happens to be bearish, expiring in 25 day(s) on July 19, 2024. This event was a transfer of 67 contract(s) at a $55.00 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 $25.4K, with a price of $380.0 per contract. There were 181 open contracts at this strike prior to today, and today 2 contract(s) were bought and sold.

• For LLY LLY, we notice a call option trade that happens to be bearish, expiring in 907 day(s) on December 18, 2026. This event was a transfer of 3 contract(s) at a $1200.00 strike. The total cost received by the writing party (or parties) was $31.9K, with a price of $10635.0 per contract. There were 21 open contracts at this strike prior to today, and today 2 contract(s) were bought and sold.

• For BNTX BNTX, we notice a put option trade that happens to be bullish, expiring in 25 day(s) on July 19, 2024. This event was a transfer of 23 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $77.1K, with a price of $3355.0 per contract. There were 0 open contracts at this strike prior to today, and today 0 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.