10 Financials 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 Financials sector:

Explanation

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

• Regarding UPST UPST, we observe a put option sweep with bearish sentiment. It expires in 189 day(s) on July 18, 2025. Parties traded 26 contract(s) at a $50.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $25.7K, with a price of $990.0 per contract. There were 812 open contracts at this strike prior to today, and today 664 contract(s) were bought and sold.

• Regarding JPM JPM, we observe a put option sweep with bearish sentiment. It expires in 161 day(s) on June 20, 2025. Parties traded 45 contract(s) at a $220.00 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 $30.8K, with a price of $684.0 per contract. There were 4016 open contracts at this strike prior to today, and today 630 contract(s) were bought and sold.

• Regarding COIN COIN, we observe a call option trade with bearish sentiment. It expires in 42 day(s) on February 21, 2025. Parties traded 130 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $183.3K, with a price of $1410.0 per contract. There were 9586 open contracts at this strike prior to today, and today 476 contract(s) were bought and sold.

• Regarding BANC BANC, we observe a call option trade with neutral sentiment. It expires in 189 day(s) on July 18, 2025. Parties traded 50 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $25.3K, with a price of $507.0 per contract. There were 4200 open contracts at this strike prior to today, and today 350 contract(s) were bought and sold.

• For MA MA, we notice a call option trade that happens to be bearish, expiring in 7 day(s) on January 17, 2025. This event was a transfer of 2 contract(s) at a $370.00 strike. The total cost received by the writing party (or parties) was $26.5K, with a price of $13275.0 per contract. There were 2572 open contracts at this strike prior to today, and today 336 contract(s) were bought and sold.

• Regarding SQ SQ, we observe a put option sweep with bullish sentiment. It expires in 7 day(s) on January 17, 2025. Parties traded 72 contract(s) at a $90.00 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 $53.2K, with a price of $740.0 per contract. There were 4929 open contracts at this strike prior to today, and today 320 contract(s) were bought and sold.

• For ROOT ROOT, we notice a put option sweep that happens to be bearish, expiring in 7 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $70.00 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 $26.0K, with a price of $260.0 per contract. There were 116 open contracts at this strike prior to today, and today 304 contract(s) were bought and sold.

• Regarding DAVE DAVE, we observe a call option sweep with bullish sentiment. It expires in 97 day(s) on April 17, 2025. Parties traded 99 contract(s) at a $75.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $207.9K, with a price of $2100.0 per contract. There were 1711 open contracts at this strike prior to today, and today 233 contract(s) were bought and sold.

• Regarding V V, we observe a put option sweep with bearish sentiment. It expires in 42 day(s) on February 21, 2025. Parties traded 50 contract(s) at a $315.00 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 $65.0K, with a price of $1300.0 per contract. There were 888 open contracts at this strike prior to today, and today 176 contract(s) were bought and sold.

• For AXP AXP, we notice a put option trade that happens to be neutral, expiring in 14 day(s) on January 24, 2025. This event was a transfer of 139 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $43.0K, with a price of $310.0 per contract. There were 289 open contracts at this strike prior to today, and today 157 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.