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.
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 |
---|---|---|---|---|---|---|---|---|
GSK | CALL | SWEEP | BULLISH | 01/19/24 | $37.00 | $65.0K | 2.3K | 1.1K |
TEVA | CALL | SWEEP | BULLISH | 01/17/25 | $10.00 | $49.5K | 10.4K | 516 |
MDT | CALL | TRADE | BEARISH | 11/17/23 | $90.00 | $157.5K | 314 | 509 |
TMO | CALL | TRADE | NEUTRAL | 06/16/23 | $527.50 | $158.0K | 26 | 200 |
MRNA | PUT | TRADE | BULLISH | 01/17/25 | $135.00 | $31.6K | 416 | 157 |
OPCH | PUT | TRADE | BULLISH | 10/20/23 | $30.00 | $28.4K | 264 | 118 |
BMRN | CALL | TRADE | BEARISH | 07/21/23 | $95.00 | $45.6K | 1.2K | 106 |
ILMN | PUT | SWEEP | BEARISH | 01/17/25 | $200.00 | $93.9K | 477 | 78 |
IMGN | CALL | TRADE | BULLISH | 07/21/23 | $2.00 | $29.7K | 848 | 75 |
HUM | CALL | TRADE | BULLISH | 01/19/24 | $490.00 | $42.9K | 25 | 8 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For GSK GSK, we notice a call option sweep that happens to be bullish, expiring in 239 day(s) on January 19, 2024. This event was a transfer of 500 contract(s) at a $37.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $65.0K, with a price of $130.0 per contract. There were 2301 open contracts at this strike prior to today, and today 1114 contract(s) were bought and sold.
• For TEVA TEVA, we notice a call option sweep that happens to be bullish, expiring in 603 day(s) on January 17, 2025. This event was a transfer of 476 contract(s) at a $10.00 strike. This particular call needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $49.5K, with a price of $104.0 per contract. There were 10490 open contracts at this strike prior to today, and today 516 contract(s) were bought and sold.
• For MDT MDT, we notice a call option trade that happens to be bearish, expiring in 176 day(s) on November 17, 2023. This event was a transfer of 500 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $157.5K, with a price of $315.0 per contract. There were 314 open contracts at this strike prior to today, and today 509 contract(s) were bought and sold.
• For TMO TMO, we notice a call option trade that happens to be neutral, expiring in 22 day(s) on June 16, 2023. This event was a transfer of 200 contract(s) at a $527.50 strike. The total cost received by the writing party (or parties) was $158.0K, with a price of $790.0 per contract. There were 26 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.
• For MRNA MRNA, we notice a put option trade that happens to be bullish, expiring in 603 day(s) on January 17, 2025. This event was a transfer of 10 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $31.6K, with a price of $3160.0 per contract. There were 416 open contracts at this strike prior to today, and today 157 contract(s) were bought and sold.
• For OPCH OPCH, we notice a put option trade that happens to be bullish, expiring in 148 day(s) on October 20, 2023. This event was a transfer of 73 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $28.4K, with a price of $390.0 per contract. There were 264 open contracts at this strike prior to today, and today 118 contract(s) were bought and sold.
• Regarding BMRN BMRN, we observe a call option trade with bearish sentiment. It expires in 57 day(s) on July 21, 2023. Parties traded 95 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $45.6K, with a price of $480.0 per contract. There were 1291 open contracts at this strike prior to today, and today 106 contract(s) were bought and sold.
• Regarding ILMN ILMN, we observe a put option sweep with bearish sentiment. It expires in 603 day(s) on January 17, 2025. Parties traded 23 contract(s) at a $200.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $93.9K, with a price of $4090.0 per contract. There were 477 open contracts at this strike prior to today, and today 78 contract(s) were bought and sold.
• For IMGN IMGN, we notice a call option trade that happens to be bullish, expiring in 57 day(s) on July 21, 2023. This event was a transfer of 25 contract(s) at a $2.00 strike. The total cost received by the writing party (or parties) was $29.7K, with a price of $1190.0 per contract. There were 848 open contracts at this strike prior to today, and today 75 contract(s) were bought and sold.
• Regarding HUM HUM, we observe a call option trade with bullish sentiment. It expires in 239 day(s) on January 19, 2024. Parties traded 8 contract(s) at a $490.00 strike. The total cost received by the writing party (or parties) was $42.9K, with a price of $5370.0 per contract. There were 25 open contracts at this strike prior to today, and today 8 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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