10 Energy 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.

Below are some instances of options activity happening in the Energy sector:

Explanation

These itemized elaborations have been created using the accompanying table.

• For AR AR, we notice a put option trade that happens to be neutral, expiring in 46 day(s) on April 21, 2023. This event was a transfer of 2500 contract(s) at a $26.00 strike. The total cost received by the writing party (or parties) was $420.0K, with a price of $168.0 per contract. There were 205 open contracts at this strike prior to today, and today 2772 contract(s) were bought and sold.

• For VTNR VTNR, we notice a call option trade that happens to be bearish, expiring in 137 day(s) on July 21, 2023. This event was a transfer of 400 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $72.4K, with a price of $181.0 per contract. There were 3961 open contracts at this strike prior to today, and today 2446 contract(s) were bought and sold.

• For DVN DVN, we notice a put option sweep that happens to be bearish, expiring in 193 day(s) on September 15, 2023. This event was a transfer of 129 contract(s) at a $50.00 strike. This particular put needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $50.3K, with a price of $390.0 per contract. There were 358 open contracts at this strike prior to today, and today 1063 contract(s) were bought and sold.

• For ETRN ETRN, we notice a put option sweep that happens to be bullish, expiring in 137 day(s) on July 21, 2023. This event was a transfer of 853 contract(s) at a $7.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $98.1K, with a price of $115.0 per contract. There were 203 open contracts at this strike prior to today, and today 853 contract(s) were bought and sold.

• Regarding APA APA, we observe a call option trade with bearish sentiment. It expires in 137 day(s) on July 21, 2023. Parties traded 100 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $48.0K, with a price of $480.0 per contract. There were 2271 open contracts at this strike prior to today, and today 848 contract(s) were bought and sold.

• Regarding OXY OXY, we observe a call option sweep with neutral sentiment. It expires in 46 day(s) on April 21, 2023. Parties traded 100 contract(s) at a $62.50 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 $28.3K, with a price of $283.0 per contract. There were 1576 open contracts at this strike prior to today, and today 674 contract(s) were bought and sold.

• For VLO VLO, we notice a put option sweep that happens to be bearish, expiring in 46 day(s) on April 21, 2023. This event was a transfer of 76 contract(s) at a $135.00 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 $37.6K, with a price of $495.0 per contract. There were 938 open contracts at this strike prior to today, and today 451 contract(s) were bought and sold.

• For ET ET, we notice a call option sweep that happens to be bearish, expiring in 319 day(s) on January 19, 2024. This event was a transfer of 186 contract(s) at a $12.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $32.7K, with a price of $176.0 per contract. There were 51485 open contracts at this strike prior to today, and today 401 contract(s) were bought and sold.

• For XOM XOM, we notice a call option sweep that happens to be bearish, expiring in 74 day(s) on May 19, 2023. This event was a transfer of 53 contract(s) at a $110.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $41.8K, with a price of $790.0 per contract. There were 1659 open contracts at this strike prior to today, and today 141 contract(s) were bought and sold.

• For YPF YPF, we notice a call option sweep that happens to be bearish, expiring in 18 day(s) on March 24, 2023. This event was a transfer of 115 contract(s) at a $10.00 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 $31.5K, with a price of $274.0 per contract. There were 1 open contracts at this strike prior to today, and today 115 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.