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 |
---|---|---|---|---|---|---|---|---|
VTRS | CALL | SWEEP | BULLISH | 01/17/25 | $13.00 | $68.0K | 2.2K | 4.8K |
VRTX | CALL | TRADE | BULLISH | 09/20/24 | $530.00 | $167.9K | 4.3K | 2.1K |
CVS | CALL | SWEEP | BEARISH | 10/18/24 | $57.50 | $25.1K | 2.5K | 843 |
ZBH | PUT | SWEEP | BEARISH | 09/20/24 | $110.00 | $56.2K | 172 | 786 |
AMGN | PUT | TRADE | NEUTRAL | 09/20/24 | $320.00 | $142.5K | 879 | 505 |
ABBV | PUT | SWEEP | BEARISH | 01/17/25 | $185.00 | $140.0K | 750 | 218 |
DOCS | PUT | TRADE | NEUTRAL | 02/21/25 | $35.00 | $80.2K | 0 | 200 |
ZVRA | CALL | SWEEP | BULLISH | 09/20/24 | $6.00 | $46.5K | 3 | 90 |
GSK | PUT | SWEEP | BEARISH | 02/21/25 | $47.00 | $38.4K | 3 | 62 |
DXCM | CALL | TRADE | BEARISH | 12/20/24 | $75.00 | $38.1K | 151 | 58 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For VTRS VTRS, we notice a call option sweep that happens to be bullish, expiring in 155 day(s) on January 17, 2025. This event was a transfer of 1361 contract(s) at a $13.00 strike. This particular call needed to be split into 62 different trades to become filled. The total cost received by the writing party (or parties) was $68.0K, with a price of $50.0 per contract. There were 2294 open contracts at this strike prior to today, and today 4856 contract(s) were bought and sold.
• Regarding VRTX VRTX, we observe a call option trade with bullish sentiment. It expires in 36 day(s) on September 20, 2024. Parties traded 2099 contract(s) at a $530.00 strike. The total cost received by the writing party (or parties) was $167.9K, with a price of $80.0 per contract. There were 4314 open contracts at this strike prior to today, and today 2102 contract(s) were bought and sold.
• Regarding CVS CVS, we observe a call option sweep with bearish sentiment. It expires in 64 day(s) on October 18, 2024. Parties traded 100 contract(s) at a $57.50 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $25.1K, with a price of $253.0 per contract. There were 2515 open contracts at this strike prior to today, and today 843 contract(s) were bought and sold.
• For ZBH ZBH, we notice a put option sweep that happens to be bearish, expiring in 36 day(s) on September 20, 2024. This event was a transfer of 205 contract(s) at a $110.00 strike. This particular put needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $56.2K, with a price of $275.0 per contract. There were 172 open contracts at this strike prior to today, and today 786 contract(s) were bought and sold.
• Regarding AMGN AMGN, we observe a put option trade with neutral sentiment. It expires in 36 day(s) on September 20, 2024. Parties traded 216 contract(s) at a $320.00 strike. The total cost received by the writing party (or parties) was $142.5K, with a price of $660.0 per contract. There were 879 open contracts at this strike prior to today, and today 505 contract(s) were bought and sold.
• Regarding ABBV ABBV, we observe a put option sweep with bearish sentiment. It expires in 155 day(s) on January 17, 2025. Parties traded 203 contract(s) at a $185.00 strike. This particular put needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $140.0K, with a price of $690.0 per contract. There were 750 open contracts at this strike prior to today, and today 218 contract(s) were bought and sold.
• Regarding DOCS DOCS, we observe a put option trade with neutral sentiment. It expires in 190 day(s) on February 21, 2025. Parties traded 200 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $80.2K, with a price of $401.0 per contract. There were 0 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.
• For ZVRA ZVRA, we notice a call option sweep that happens to be bullish, expiring in 36 day(s) on September 20, 2024. This event was a transfer of 300 contract(s) at a $6.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $46.5K, with a price of $155.0 per contract. There were 3 open contracts at this strike prior to today, and today 90 contract(s) were bought and sold.
• Regarding GSK GSK, we observe a put option sweep with bearish sentiment. It expires in 190 day(s) on February 21, 2025. Parties traded 62 contract(s) at a $47.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $38.4K, with a price of $620.0 per contract. There were 3 open contracts at this strike prior to today, and today 62 contract(s) were bought and sold.
• Regarding DXCM DXCM, we observe a call option trade with bearish sentiment. It expires in 127 day(s) on December 20, 2024. Parties traded 57 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $38.1K, with a price of $670.0 per contract. There were 151 open contracts at this strike prior to today, and today 58 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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