10 Industrials 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 Industrials sector:

Explanation

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

• Regarding NKLA NKLA, we observe a put option sweep with bearish sentiment. It expires in 23 day(s) on July 21, 2023. Parties traded 1705 contract(s) at a $1.00 strike. This particular put needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $39.3K, with a price of $23.0 per contract. There were 192944 open contracts at this strike prior to today, and today 3528 contract(s) were bought and sold.

• For DAL DAL, we notice a call option sweep that happens to be bearish, expiring in 79 day(s) on September 15, 2023. This event was a transfer of 267 contract(s) at a $47.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $66.4K, with a price of $249.0 per contract. There were 8140 open contracts at this strike prior to today, and today 2959 contract(s) were bought and sold.

• For UAL UAL, we notice a call option sweep that happens to be bullish, expiring in 51 day(s) on August 18, 2023. This event was a transfer of 975 contract(s) at a $55.00 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 $380.3K, with a price of $390.0 per contract. There were 1309 open contracts at this strike prior to today, and today 1453 contract(s) were bought and sold.

• For PLUG PLUG, we notice a call option trade that happens to be bullish, expiring in 569 day(s) on January 17, 2025. This event was a transfer of 1200 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $62.4K, with a price of $52.0 per contract. There were 2185 open contracts at this strike prior to today, and today 1233 contract(s) were bought and sold.

• For CAT CAT, we notice a call option sweep that happens to be neutral, expiring in 51 day(s) on August 18, 2023. This event was a transfer of 12 contract(s) at a $210.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $39.6K, with a price of $3300.0 per contract. There were 1100 open contracts at this strike prior to today, and today 577 contract(s) were bought and sold.

• For ENVX ENVX, we notice a call option trade that happens to be bullish, expiring in 569 day(s) on January 17, 2025. This event was a transfer of 199 contract(s) at a $22.50 strike. The total cost received by the writing party (or parties) was $107.4K, with a price of $540.0 per contract. There were 4405 open contracts at this strike prior to today, and today 247 contract(s) were bought and sold.

• For GNRC GNRC, we notice a call option sweep that happens to be bearish, expiring in 51 day(s) on August 18, 2023. This event was a transfer of 25 contract(s) at a $150.00 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 $28.1K, with a price of $1126.0 per contract. There were 1122 open contracts at this strike prior to today, and today 207 contract(s) were bought and sold.

• Regarding EOSE EOSE, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on June 30, 2023. Parties traded 185 contract(s) at a $2.00 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 $53.6K, with a price of $290.0 per contract. There were 274 open contracts at this strike prior to today, and today 185 contract(s) were bought and sold.

• For LUV LUV, we notice a call option trade that happens to be bullish, expiring in 79 day(s) on September 15, 2023. This event was a transfer of 25 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $38.8K, with a price of $1555.0 per contract. There were 224 open contracts at this strike prior to today, and today 141 contract(s) were bought and sold.

• Regarding BA BA, we observe a call option trade with bearish sentiment. It expires in 79 day(s) on September 15, 2023. Parties traded 20 contract(s) at a $205.00 strike. The total cost received by the writing party (or parties) was $30.9K, with a price of $1545.0 per contract. There were 489 open contracts at this strike prior to today, and today 99 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.