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 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.

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

Explanation

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

• For TLRY TLRY, we notice a call option trade that happens to be bearish, expiring in 140 day(s) on September 15, 2023. This event was a transfer of 1500 contract(s) at a $4.00 strike. The total cost received by the writing party (or parties) was $25.5K, with a price of $17.0 per contract. There were 1306 open contracts at this strike prior to today, and today 1525 contract(s) were bought and sold.

• Regarding HZNP HZNP, we observe a put option trade with bearish sentiment. It expires in 21 day(s) on May 19, 2023. Parties traded 1500 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $420.0K, with a price of $280.0 per contract. There were 13742 open contracts at this strike prior to today, and today 1500 contract(s) were bought and sold.

• Regarding MRNA MRNA, we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on May 5, 2023. Parties traded 100 contract(s) at a $130.00 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 $59.0K, with a price of $590.0 per contract. There were 168 open contracts at this strike prior to today, and today 495 contract(s) were bought and sold.

• Regarding BIIB BIIB, we observe a call option trade with neutral sentiment. It expires in 49 day(s) on June 16, 2023. Parties traded 18 contract(s) at a $310.00 strike. The total cost received by the writing party (or parties) was $25.9K, with a price of $1440.0 per contract. There were 1743 open contracts at this strike prior to today, and today 318 contract(s) were bought and sold.

• Regarding DHR DHR, we observe a call option sweep with bearish sentiment. It expires in 35 day(s) on June 2, 2023. Parties traded 100 contract(s) at a $245.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $33.4K, with a price of $337.0 per contract. There were 20 open contracts at this strike prior to today, and today 136 contract(s) were bought and sold.

• For MCK MCK, we notice a put option trade that happens to be bullish, expiring in 21 day(s) on May 19, 2023. This event was a transfer of 71 contract(s) at a $360.00 strike. The total cost received by the writing party (or parties) was $46.1K, with a price of $650.0 per contract. There were 419 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold.

• For MDGL MDGL, we notice a call option sweep that happens to be bullish, expiring in 630 day(s) on January 17, 2025. This event was a transfer of 7 contract(s) at a $450.00 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 $26.6K, with a price of $3800.0 per contract. There were 486 open contracts at this strike prior to today, and today 93 contract(s) were bought and sold.

• For UNH UNH, we notice a call option sweep that happens to be bearish, expiring in 21 day(s) on May 19, 2023. This event was a transfer of 24 contract(s) at a $490.00 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 $26.7K, with a price of $1115.0 per contract. There were 1462 open contracts at this strike prior to today, and today 83 contract(s) were bought and sold.

• For TMO TMO, we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 39 contract(s) at a $550.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $27.9K, with a price of $730.0 per contract. There were 83 open contracts at this strike prior to today, and today 66 contract(s) were bought and sold.

• Regarding MRK MRK, we observe a call option trade with bullish sentiment. It expires in 420 day(s) on June 21, 2024. Parties traded 49 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $62.9K, with a price of $1285.0 per contract. There were 734 open contracts at this strike prior to today, and today 49 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.