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 |
---|---|---|---|---|---|---|---|---|
PFE | CALL | TRADE | BULLISH | 02/18/22 | $60.00 | $55.5K | 35.9K | 11.3K |
JNJ | PUT | SWEEP | BEARISH | 01/20/23 | $160.00 | $46.6K | 2.0K | 1.1K |
CVS | CALL | TRADE | BEARISH | 05/20/22 | $110.00 | $240.0K | 966 | 615 |
SYK | PUT | SWEEP | BEARISH | 06/17/22 | $250.00 | $102.6K | 170 | 505 |
AMGN | PUT | TRADE | NEUTRAL | 01/20/23 | $165.00 | $173.6K | 111 | 310 |
NVCR | PUT | SWEEP | BULLISH | 03/18/22 | $70.00 | $30.0K | 121 | 120 |
EXAS | CALL | TRADE | BULLISH | 07/15/22 | $80.00 | $26.9K | 47 | 115 |
UNH | PUT | TRADE | BULLISH | 03/18/22 | $480.00 | $31.9K | 163 | 104 |
LLY | CALL | TRADE | BULLISH | 01/20/23 | $270.00 | $29.4K | 1.0K | 20 |
MRNA | PUT | SWEEP | NEUTRAL | 02/18/22 | $320.00 | $52.3K | 407 | 12 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For PFE PFE, we notice a call option trade that happens to be bullish, expiring in 43 day(s) on February 18, 2022. This event was a transfer of 500 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $55.5K, with a price of $111.0 per contract. There were 35992 open contracts at this strike prior to today, and today 11315 contract(s) were bought and sold.
• For JNJ JNJ, we notice a put option sweep that happens to be bearish, expiring in 379 day(s) on January 20, 2023. This event was a transfer of 46 contract(s) at a $160.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $46.6K, with a price of $1015.0 per contract. There were 2036 open contracts at this strike prior to today, and today 1185 contract(s) were bought and sold.
• For CVS CVS, we notice a call option trade that happens to be bearish, expiring in 134 day(s) on May 20, 2022. This event was a transfer of 600 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $240.0K, with a price of $400.0 per contract. There were 966 open contracts at this strike prior to today, and today 615 contract(s) were bought and sold.
• Regarding SYK SYK, we observe a put option sweep with bearish sentiment. It expires in 162 day(s) on June 17, 2022. Parties traded 95 contract(s) at a $250.00 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 $102.6K, with a price of $1080.0 per contract. There were 170 open contracts at this strike prior to today, and today 505 contract(s) were bought and sold.
• Regarding AMGN AMGN, we observe a put option trade with neutral sentiment. It expires in 379 day(s) on January 20, 2023. Parties traded 310 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $173.6K, with a price of $560.0 per contract. There were 111 open contracts at this strike prior to today, and today 310 contract(s) were bought and sold.
• For NVCR NVCR, we notice a put option sweep that happens to be bullish, expiring in 71 day(s) on March 18, 2022. This event was a transfer of 33 contract(s) at a $70.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $30.0K, with a price of $920.0 per contract. There were 121 open contracts at this strike prior to today, and today 120 contract(s) were bought and sold.
• For EXAS EXAS, we notice a call option trade that happens to be bullish, expiring in 190 day(s) on July 15, 2022. This event was a transfer of 25 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $26.9K, with a price of $1079.0 per contract. There were 47 open contracts at this strike prior to today, and today 115 contract(s) were bought and sold.
• Regarding UNH UNH, we observe a put option trade with bullish sentiment. It expires in 71 day(s) on March 18, 2022. Parties traded 16 contract(s) at a $480.00 strike. The total cost received by the writing party (or parties) was $31.9K, with a price of $1994.0 per contract. There were 163 open contracts at this strike prior to today, and today 104 contract(s) were bought and sold.
• Regarding LLY LLY, we observe a call option trade with bullish sentiment. It expires in 379 day(s) on January 20, 2023. Parties traded 10 contract(s) at a $270.00 strike. The total cost received by the writing party (or parties) was $29.4K, with a price of $2945.0 per contract. There were 1060 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold.
• For MRNA MRNA, we notice a put option sweep that happens to be neutral, expiring in 43 day(s) on February 18, 2022. This event was a transfer of 5 contract(s) at a $320.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $52.3K, with a price of $10472.0 per contract. There were 407 open contracts at this strike prior to today, and today 12 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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