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.

Here's the list of options activity happening in today's session:

Explanation

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

• Regarding NVS NVS, we observe a call option trade with bearish sentiment. It expires in 22 day(s) on July 21, 2023. Parties traded 2950 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $132.7K, with a price of $45.0 per contract. There were 19798 open contracts at this strike prior to today, and today 3012 contract(s) were bought and sold.

• For CVS CVS, we notice a call option sweep that happens to be bearish, expiring in 50 day(s) on August 18, 2023. This event was a transfer of 200 contract(s) at a $70.00 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 $34.0K, with a price of $170.0 per contract. There were 9323 open contracts at this strike prior to today, and today 1191 contract(s) were bought and sold.

• For BAX BAX, we notice a call option sweep that happens to be bullish, expiring in 204 day(s) on January 19, 2024. This event was a transfer of 731 contract(s) at a $55.00 strike. This particular call needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $51.1K, with a price of $70.0 per contract. There were 1473 open contracts at this strike prior to today, and today 921 contract(s) were bought and sold.

• For MRNS MRNS, we notice a call option sweep that happens to be bearish, expiring in 113 day(s) on October 20, 2023. This event was a transfer of 200 contract(s) at a $12.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $26.9K, with a price of $135.0 per contract. There were 242 open contracts at this strike prior to today, and today 725 contract(s) were bought and sold.

• For ISRG ISRG, we notice a put option sweep that happens to be bullish, expiring in 22 day(s) on July 21, 2023. This event was a transfer of 100 contract(s) at a $340.00 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 $107.0K, with a price of $1070.0 per contract. There were 10 open contracts at this strike prior to today, and today 377 contract(s) were bought and sold.

• For KRTX KRTX, we notice a call option trade that happens to be bearish, expiring in 50 day(s) on August 18, 2023. This event was a transfer of 338 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $138.5K, with a price of $410.0 per contract. There were 1100 open contracts at this strike prior to today, and today 338 contract(s) were bought and sold.

• For ACAD ACAD, we notice a put option trade that happens to be bearish, expiring in 568 day(s) on January 17, 2025. This event was a transfer of 173 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $42.3K, with a price of $245.0 per contract. There were 222 open contracts at this strike prior to today, and today 175 contract(s) were bought and sold.

• For IOVA IOVA, we notice a call option trade that happens to be bullish, expiring in 568 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $37.0K, with a price of $370.0 per contract. There were 934 open contracts at this strike prior to today, and today 175 contract(s) were bought and sold.

• For AMGN AMGN, we notice a put option sweep that happens to be bullish, expiring in 204 day(s) on January 19, 2024. This event was a transfer of 76 contract(s) at a $200.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $43.7K, with a price of $575.0 per contract. There were 939 open contracts at this strike prior to today, and today 80 contract(s) were bought and sold.

• For MRNA MRNA, we notice a call option trade that happens to be bullish, expiring in 204 day(s) on January 19, 2024. This event was a transfer of 53 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $47.1K, with a price of $890.0 per contract. There were 2922 open contracts at this strike prior to today, and today 73 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.