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 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:

Explanation

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

• For NKLA NKLA, we notice a put option sweep that happens to be bullish, expiring in 42 day(s) on September 15, 2023. This event was a transfer of 1000 contract(s) at a $2.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $32.0K, with a price of $32.0 per contract. There were 15177 open contracts at this strike prior to today, and today 17567 contract(s) were bought and sold.

• For SNCY SNCY, we notice a put option sweep that happens to be neutral, expiring in 168 day(s) on January 19, 2024. This event was a transfer of 492 contract(s) at a $17.50 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $86.1K, with a price of $175.0 per contract. There were 10 open contracts at this strike prior to today, and today 1600 contract(s) were bought and sold.

• Regarding CAT CAT, we observe a put option sweep with bearish sentiment. It expires in 7 day(s) on August 11, 2023. Parties traded 750 contract(s) at a $275.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $132.2K, with a price of $177.0 per contract. There were 1342 open contracts at this strike prior to today, and today 1177 contract(s) were bought and sold.

• For WM WM, we notice a put option sweep that happens to be bullish, expiring in 42 day(s) on September 15, 2023. This event was a transfer of 350 contract(s) at a $160.00 strike. This particular put needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $84.0K, with a price of $240.0 per contract. There were 1189 open contracts at this strike prior to today, and today 802 contract(s) were bought and sold.

• Regarding BA BA, we observe a put option trade with bullish sentiment. It expires in 42 day(s) on September 15, 2023. Parties traded 50 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $560.0 per contract. There were 1080 open contracts at this strike prior to today, and today 244 contract(s) were bought and sold.

• Regarding VRT VRT, we observe a call option sweep with bullish sentiment. It expires in 42 day(s) on September 15, 2023. Parties traded 168 contract(s) at a $22.50 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $233.5K, with a price of $1390.0 per contract. There were 7079 open contracts at this strike prior to today, and today 191 contract(s) were bought and sold.

• Regarding NOC NOC, we observe a call option trade with bearish sentiment. It expires in 42 day(s) on September 15, 2023. Parties traded 99 contract(s) at a $440.00 strike. The total cost received by the writing party (or parties) was $124.7K, with a price of $1260.0 per contract. There were 102 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold.

• Regarding HON HON, we observe a call option sweep with bullish sentiment. It expires in 168 day(s) on January 19, 2024. Parties traded 46 contract(s) at a $190.00 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 $55.6K, with a price of $1210.0 per contract. There were 829 open contracts at this strike prior to today, and today 97 contract(s) were bought and sold.

• For DE DE, we notice a put option sweep that happens to be bullish, expiring in 168 day(s) on January 19, 2024. This event was a transfer of 56 contract(s) at a $350.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $37.1K, with a price of $661.0 per contract. There were 889 open contracts at this strike prior to today, and today 84 contract(s) were bought and sold.

• For IEP IEP, we notice a put option trade that happens to be neutral, expiring in 42 day(s) on September 15, 2023. This event was a transfer of 25 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $26.6K, with a price of $1067.0 per contract. There were 466 open contracts at this strike prior to today, and today 80 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.