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:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
BMY | CALL | SWEEP | BULLISH | 06/16/23 | $67.00 | $34.1K | 126 | 2.4K |
AZN | CALL | SWEEP | BEARISH | 06/16/23 | $75.00 | $38.5K | 17.6K | 2.4K |
SGEN | CALL | TRADE | BEARISH | 07/21/23 | $220.00 | $37.5K | 3.0K | 1.7K |
ISRG | PUT | SWEEP | BEARISH | 06/16/23 | $297.50 | $25.4K | 1 | 1.2K |
AMGN | CALL | TRADE | BEARISH | 06/16/23 | $227.50 | $35.7K | 31 | 725 |
INSP | PUT | SWEEP | BULLISH | 06/16/23 | $290.00 | $34.5K | 13 | 655 |
DXCM | PUT | TRADE | NEUTRAL | 01/19/24 | $97.50 | $31.0K | 213 | 553 |
MRNA | CALL | SWEEP | BEARISH | 06/16/23 | $140.00 | $33.0K | 946 | 393 |
PFE | CALL | TRADE | BEARISH | 06/09/23 | $38.50 | $30.4K | 694 | 314 |
A | CALL | SWEEP | BEARISH | 06/16/23 | $130.00 | $42.9K | 285 | 293 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding BMY BMY, we observe a call option sweep with bullish sentiment. It expires in 24 day(s) on June 16, 2023. Parties traded 259 contract(s) at a $67.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $34.1K, with a price of $132.0 per contract. There were 126 open contracts at this strike prior to today, and today 2453 contract(s) were bought and sold.
• Regarding AZN AZN, we observe a call option sweep with bearish sentiment. It expires in 24 day(s) on June 16, 2023. Parties traded 264 contract(s) at a $75.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $38.5K, with a price of $146.0 per contract. There were 17662 open contracts at this strike prior to today, and today 2417 contract(s) were bought and sold.
• Regarding SGEN SGEN, we observe a call option trade with bearish sentiment. It expires in 59 day(s) on July 21, 2023. Parties traded 500 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $37.5K, with a price of $75.0 per contract. There were 3053 open contracts at this strike prior to today, and today 1745 contract(s) were bought and sold.
• Regarding ISRG ISRG, we observe a put option sweep with bearish sentiment. It expires in 24 day(s) on June 16, 2023. Parties traded 36 contract(s) at a $297.50 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 $25.4K, with a price of $710.0 per contract. There were 1 open contracts at this strike prior to today, and today 1250 contract(s) were bought and sold.
• For AMGN AMGN, we notice a call option trade that happens to be bearish, expiring in 24 day(s) on June 16, 2023. This event was a transfer of 98 contract(s) at a $227.50 strike. The total cost received by the writing party (or parties) was $35.7K, with a price of $365.0 per contract. There were 31 open contracts at this strike prior to today, and today 725 contract(s) were bought and sold.
• For INSP INSP, we notice a put option sweep that happens to be bullish, expiring in 24 day(s) on June 16, 2023. This event was a transfer of 40 contract(s) at a $290.00 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $34.5K, with a price of $880.0 per contract. There were 13 open contracts at this strike prior to today, and today 655 contract(s) were bought and sold.
• For DXCM DXCM, we notice a put option trade that happens to be neutral, expiring in 241 day(s) on January 19, 2024. This event was a transfer of 50 contract(s) at a $97.50 strike. The total cost received by the writing party (or parties) was $31.0K, with a price of $620.0 per contract. There were 213 open contracts at this strike prior to today, and today 553 contract(s) were bought and sold.
• Regarding MRNA MRNA, we observe a call option sweep with bearish sentiment. It expires in 24 day(s) on June 16, 2023. Parties traded 56 contract(s) at a $140.00 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 $33.0K, with a price of $590.0 per contract. There were 946 open contracts at this strike prior to today, and today 393 contract(s) were bought and sold.
• For PFE PFE, we notice a call option trade that happens to be bearish, expiring in 17 day(s) on June 9, 2023. This event was a transfer of 200 contract(s) at a $38.50 strike. The total cost received by the writing party (or parties) was $30.4K, with a price of $152.0 per contract. There were 694 open contracts at this strike prior to today, and today 314 contract(s) were bought and sold.
• Regarding A A, we observe a call option sweep with bearish sentiment. It expires in 24 day(s) on June 16, 2023. Parties traded 110 contract(s) at a $130.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $42.9K, with a price of $390.0 per contract. There were 285 open contracts at this strike prior to today, and today 293 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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