10 Financials Stocks With Whale Alerts 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.

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.

• Regarding FRC FRC, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on March 31, 2023. Parties traded 250 contract(s) at a $15.50 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $25.0K, with a price of $100.0 per contract. There were 462 open contracts at this strike prior to today, and today 2226 contract(s) were bought and sold.

• For BAC BAC, we notice a call option sweep that happens to be bullish, expiring in 53 day(s) on May 19, 2023. This event was a transfer of 147 contract(s) at a $28.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $28.6K, with a price of $195.0 per contract. There were 6164 open contracts at this strike prior to today, and today 1906 contract(s) were bought and sold.

• Regarding COIN COIN, we observe a put option sweep with bearish sentiment. It expires in 4 day(s) on March 31, 2023. Parties traded 400 contract(s) at a $66.00 strike. This particular put needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $272.0K, with a price of $680.0 per contract. There were 1012 open contracts at this strike prior to today, and today 1789 contract(s) were bought and sold.

• For SCHW SCHW, we notice a put option trade that happens to be bearish, expiring in 53 day(s) on May 19, 2023. This event was a transfer of 700 contract(s) at a $47.50 strike. The total cost received by the writing party (or parties) was $152.6K, with a price of $218.0 per contract. There were 892 open contracts at this strike prior to today, and today 839 contract(s) were bought and sold.

• For ABR ABR, we notice a put option sweep that happens to be bullish, expiring in 81 day(s) on June 16, 2023. This event was a transfer of 300 contract(s) at a $10.00 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 $25.5K, with a price of $85.0 per contract. There were 178 open contracts at this strike prior to today, and today 456 contract(s) were bought and sold.

• For PNC PNC, we notice a put option trade that happens to be bearish, expiring in 4 day(s) on March 31, 2023. This event was a transfer of 96 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $48.9K, with a price of $510.0 per contract. There were 278 open contracts at this strike prior to today, and today 352 contract(s) were bought and sold.

• For KEY KEY, we notice a put option sweep that happens to be bullish, expiring in 25 day(s) on April 21, 2023. This event was a transfer of 317 contract(s) at a $12.50 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 $28.5K, with a price of $90.0 per contract. There were 389 open contracts at this strike prior to today, and today 345 contract(s) were bought and sold.

• For C C, we notice a put option trade that happens to be bullish, expiring in 298 day(s) on January 19, 2024. This event was a transfer of 50 contract(s) at a $47.50 strike. The total cost received by the writing party (or parties) was $33.2K, with a price of $665.0 per contract. There were 25978 open contracts at this strike prior to today, and today 322 contract(s) were bought and sold.

• Regarding SOFI SOFI, we observe a call option sweep with neutral sentiment. It expires in 263 day(s) on December 15, 2023. Parties traded 200 contract(s) at a $6.00 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 $26.8K, with a price of $134.0 per contract. There were 1847 open contracts at this strike prior to today, and today 228 contract(s) were bought and sold.

• Regarding HOOD HOOD, we observe a call option trade with bearish sentiment. It expires in 298 day(s) on January 19, 2024. Parties traded 108 contract(s) at a $8.00 strike. The total cost received by the writing party (or parties) was $25.1K, with a price of $233.0 per contract. There were 2555 open contracts at this strike prior to today, and today 219 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.