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.

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

Explanation

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

• For NLY NLY, we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on May 19, 2023. This event was a transfer of 1287 contract(s) at a $19.00 strike. This particular call needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $25.2K, with a price of $19.0 per contract. There were 3398 open contracts at this strike prior to today, and today 3231 contract(s) were bought and sold.

• For FUTU FUTU, we notice a put option trade that happens to be bullish, expiring in 9 day(s) on May 26, 2023. This event was a transfer of 886 contract(s) at a $42.00 strike. The total cost received by the writing party (or parties) was $178.0K, with a price of $201.0 per contract. There were 113 open contracts at this strike prior to today, and today 1906 contract(s) were bought and sold.

• For UPST UPST, we notice a put option sweep that happens to be bullish, expiring in 30 day(s) on June 16, 2023. This event was a transfer of 250 contract(s) at a $20.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $47.2K, with a price of $189.0 per contract. There were 2406 open contracts at this strike prior to today, and today 876 contract(s) were bought and sold.

• For WFC WFC, we notice a put option sweep that happens to be bullish, expiring in 121 day(s) on September 15, 2023. This event was a transfer of 267 contract(s) at a $40.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $70.8K, with a price of $264.0 per contract. There were 12310 open contracts at this strike prior to today, and today 652 contract(s) were bought and sold.

• For GS GS, we notice a call option sweep that happens to be bullish, expiring in 9 day(s) on May 26, 2023. This event was a transfer of 100 contract(s) at a $330.00 strike. This particular call needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $40.9K, with a price of $410.0 per contract. There were 266 open contracts at this strike prior to today, and today 334 contract(s) were bought and sold.

• For AXP AXP, we notice a put option trade that happens to be neutral, expiring in 765 day(s) on June 20, 2025. This event was a transfer of 170 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $265.2K, with a price of $1560.0 per contract. There were 0 open contracts at this strike prior to today, and today 171 contract(s) were bought and sold.

• For PACW PACW, we notice a put option trade that happens to be bearish, expiring in 16 day(s) on June 2, 2023. This event was a transfer of 50 contract(s) at a $12.00 strike. The total cost received by the writing party (or parties) was $32.5K, with a price of $650.0 per contract. There were 41 open contracts at this strike prior to today, and today 166 contract(s) were bought and sold.

• For BLK BLK, we notice a put option trade that happens to be bullish, expiring in 247 day(s) on January 19, 2024. This event was a transfer of 8 contract(s) at a $640.00 strike. The total cost received by the writing party (or parties) was $41.9K, with a price of $5240.0 per contract. There were 162 open contracts at this strike prior to today, and today 144 contract(s) were bought and sold.

• Regarding COIN COIN, we observe a put option trade with bullish sentiment. It expires in 30 day(s) on June 16, 2023. Parties traded 27 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $55.0K, with a price of $2040.0 per contract. There were 1470 open contracts at this strike prior to today, and today 36 contract(s) were bought and sold.

• For FHN FHN, we notice a put option trade that happens to be bearish, expiring in 2 day(s) on May 19, 2023. This event was a transfer of 1793 contract(s) at a $12.00 strike. The total cost received by the writing party (or parties) was $242.0K, with a price of $135.0 per contract. There were 12192 open contracts at this strike prior to today, and today 19 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.