10 Financials Stocks With Whale Alerts 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 VLY VLY, we notice a put option trade that happens to be bullish, expiring in 24 day(s) on September 15, 2023. This event was a transfer of 10000 contract(s) at a $8.00 strike. The total cost received by the writing party (or parties) was $200.0K, with a price of $20.0 per contract. There were 21508 open contracts at this strike prior to today, and today 26492 contract(s) were bought and sold.

• Regarding SOFI SOFI, we observe a put option sweep with bullish sentiment. It expires in 59 day(s) on October 20, 2023. Parties traded 1680 contract(s) at a $8.00 strike. This particular put needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $110.8K, with a price of $66.0 per contract. There were 27439 open contracts at this strike prior to today, and today 17827 contract(s) were bought and sold.

• Regarding BAC BAC, we observe a put option trade with bullish sentiment. It expires in 24 day(s) on September 15, 2023. Parties traded 5800 contract(s) at a $33.00 strike. The total cost received by the writing party (or parties) was $2.6 million, with a price of $464.0 per contract. There were 20817 open contracts at this strike prior to today, and today 5808 contract(s) were bought and sold.

• For C C, we notice a put option trade that happens to be bullish, expiring in 150 day(s) on January 19, 2024. This event was a transfer of 1300 contract(s) at a $36.00 strike. The total cost received by the writing party (or parties) was $150.8K, with a price of $116.0 per contract. There were 1334 open contracts at this strike prior to today, and today 2787 contract(s) were bought and sold.

• For JPM JPM, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on August 25, 2023. This event was a transfer of 270 contract(s) at a $147.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $33.0K, with a price of $123.0 per contract. There were 149 open contracts at this strike prior to today, and today 1165 contract(s) were bought and sold.

• For COIN COIN, we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on August 25, 2023. This event was a transfer of 50 contract(s) at a $80.00 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 $26.5K, with a price of $530.0 per contract. There were 981 open contracts at this strike prior to today, and today 636 contract(s) were bought and sold.

• For TFC TFC, we notice a put option sweep that happens to be bearish, expiring in 150 day(s) on January 19, 2024. This event was a transfer of 444 contract(s) at a $25.00 strike. This particular put needed to be split into 32 different trades to become filled. The total cost received by the writing party (or parties) was $71.0K, with a price of $160.0 per contract. There were 2331 open contracts at this strike prior to today, and today 501 contract(s) were bought and sold.

• For AIG AIG, we notice a call option sweep that happens to be bearish, expiring in 304 day(s) on June 21, 2024. This event was a transfer of 89 contract(s) at a $62.50 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $34.3K, with a price of $386.0 per contract. There were 2348 open contracts at this strike prior to today, and today 90 contract(s) were bought and sold.

• Regarding SCHW SCHW, we observe a call option trade with bearish sentiment. It expires in 486 day(s) on December 20, 2024. Parties traded 30 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $32.4K, with a price of $1080.0 per contract. There were 42 open contracts at this strike prior to today, and today 33 contract(s) were bought and sold.

• For TROW TROW, we notice a put option trade that happens to be bearish, expiring in 150 day(s) on January 19, 2024. This event was a transfer of 15 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $131.4K, with a price of $8760.0 per contract. There were 245 open contracts at this strike prior to today, and today 15 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.