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 itemized elaborations have been created using the accompanying table.

• Regarding JNJ JNJ, we observe a call option sweep with bearish sentiment. It expires in 102 day(s) on September 16, 2022. Parties traded 510 contract(s) at a $165.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $173.4K, with a price of $340.0 per contract. There were 2588 open contracts at this strike prior to today, and today 2588 contract(s) were bought and sold.

• For PFE PFE, we notice a put option trade that happens to be bullish, expiring in 171 day(s) on June 16, 2023. This event was a transfer of 250 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $27.5K, with a price of $110.0 per contract. There were 7054 open contracts at this strike prior to today, and today 2204 contract(s) were bought and sold.

• For INSM INSM, we notice a call option sweep that happens to be bullish, expiring in 39 day(s) on November 18, 2022. This event was a transfer of 168 contract(s) at a $30.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $53.7K, with a price of $320.0 per contract. There were 4198 open contracts at this strike prior to today, and today 1568 contract(s) were bought and sold.

• For ISEE ISEE, we notice a put option trade that happens to be bullish, expiring in 102 day(s) on September 16, 2022. This event was a transfer of 520 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $83.2K, with a price of $160.0 per contract. There were 2974 open contracts at this strike prior to today, and today 1546 contract(s) were bought and sold.

• Regarding ABBV ABBV, we observe a put option sweep with bearish sentiment. It expires in 67 day(s) on October 21, 2022. Parties traded 167 contract(s) at a $130.00 strike. This particular put needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $41.2K, with a price of $247.0 per contract. There were 766 open contracts at this strike prior to today, and today 737 contract(s) were bought and sold.

• Regarding AXSM AXSM, we observe a call option trade with bearish sentiment. It expires in 102 day(s) on September 16, 2022. Parties traded 100 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $138.0K, with a price of $1380.0 per contract. There were 4034 open contracts at this strike prior to today, and today 474 contract(s) were bought and sold.

• For ALGN ALGN, we notice a call option trade that happens to be bullish, expiring in 24 day(s) on January 20, 2023. This event was a transfer of 41 contract(s) at a $320.00 strike. The total cost received by the writing party (or parties) was $59.0K, with a price of $1440.0 per contract. There were 709 open contracts at this strike prior to today, and today 452 contract(s) were bought and sold.

• Regarding NVAX NVAX, we observe a put option trade with bearish sentiment. It expires in 388 day(s) on January 19, 2024. Parties traded 6 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $73.9K, with a price of $12320.0 per contract. There were 135 open contracts at this strike prior to today, and today 387 contract(s) were bought and sold.

• Regarding UNH UNH, we observe a call option sweep with bullish sentiment. It expires in 67 day(s) on October 21, 2022. Parties traded 30 contract(s) at a $540.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $62.2K, with a price of $2075.0 per contract. There were 153 open contracts at this strike prior to today, and today 145 contract(s) were bought and sold.

• Regarding MRK MRK, we observe a call option sweep with bullish sentiment. It expires in 67 day(s) on October 21, 2022. Parties traded 88 contract(s) at a $90.00 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 $26.8K, with a price of $305.0 per contract. There were 19356 open contracts at this strike prior to today, and today 132 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.