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 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:

Explanation

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

• For VERV VERV, we notice a call option trade that happens to be bearish, expiring in 56 day(s) on February 17, 2023. This event was a transfer of 2000 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $290.0K, with a price of $145.0 per contract. There were 964 open contracts at this strike prior to today, and today 2000 contract(s) were bought and sold.

• Regarding NVS NVS, we observe a call option trade with neutral sentiment. It expires in 119 day(s) on April 21, 2023. Parties traded 98 contract(s) at a $92.50 strike. The total cost received by the writing party (or parties) was $27.9K, with a price of $285.0 per contract. There were 800 open contracts at this strike prior to today, and today 699 contract(s) were bought and sold.

• For MRNA MRNA, we notice a call option trade that happens to be bullish, is expiring today. Parties traded 60 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $31.5K, with a price of $526.0 per contract. There were 763 open contracts at this strike prior to today, and today 618 contract(s) were bought and sold.

• For RXDX RXDX, we notice a call option trade that happens to be bearish, expiring in 56 day(s) on February 17, 2023. This event was a transfer of 100 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $31.3K, with a price of $313.0 per contract. There were 1 open contracts at this strike prior to today, and today 600 contract(s) were bought and sold.

• Regarding GH GH, we observe a put option trade with bearish sentiment. It expires in 28 day(s) on January 20, 2023. Parties traded 25 contract(s) at a $39.00 strike. The total cost received by the writing party (or parties) was $26.2K, with a price of $1050.0 per contract. There were 250 open contracts at this strike prior to today, and today 450 contract(s) were bought and sold.

• For EXAS EXAS, we notice a call option sweep that happens to be bearish, expiring in 84 day(s) on March 17, 2023. This event was a transfer of 376 contract(s) at a $55.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $188.0K, with a price of $500.0 per contract. There were 103 open contracts at this strike prior to today, and today 400 contract(s) were bought and sold.

• For LLY LLY, we notice a call option sweep that happens to be bearish, expiring in 175 day(s) on June 16, 2023. This event was a transfer of 20 contract(s) at a $400.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $39.6K, with a price of $1980.0 per contract. There were 696 open contracts at this strike prior to today, and today 397 contract(s) were bought and sold.

• Regarding NVCR NVCR, we observe a call option sweep with neutral sentiment. It expires in 28 day(s) on January 20, 2023. Parties traded 131 contract(s) at a $150.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $45.8K, with a price of $350.0 per contract. There were 910 open contracts at this strike prior to today, and today 356 contract(s) were bought and sold.

• For ALGN ALGN, we notice a call option sweep that happens to be bullish, expiring in 7 day(s) on December 30, 2022. This event was a transfer of 150 contract(s) at a $210.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $30.0K, with a price of $200.0 per contract. There were 67 open contracts at this strike prior to today, and today 157 contract(s) were bought and sold.

• Regarding PODD PODD, we observe a put option sweep with bullish sentiment. It expires in 357 day(s) on December 15, 2023. Parties traded 46 contract(s) at a $270.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $149.6K, with a price of $3239.0 per contract. There were 0 open contracts at this strike prior to today, and today 140 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.