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.

Below are some instances of options activity happening in the Financials sector:

Explanation

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

• For BAC BAC, we notice a put option trade that happens to be neutral, expiring in 175 day(s) on February 16, 2024. This event was a transfer of 2100 contract(s) at a $27.00 strike. The total cost received by the writing party (or parties) was $308.7K, with a price of $147.0 per contract. There were 2002 open contracts at this strike prior to today, and today 2202 contract(s) were bought and sold.

• Regarding HSBC HSBC, we observe a put option trade with bullish sentiment. It expires in 203 day(s) on March 15, 2024. Parties traded 1000 contract(s) at a $36.00 strike. The total cost received by the writing party (or parties) was $200.0K, with a price of $200.0 per contract. There were 277 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.

• For AXP AXP, we notice a put option trade that happens to be bullish, is expiring today. Parties traded 149 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $36.2K, with a price of $243.0 per contract. There were 1267 open contracts at this strike prior to today, and today 483 contract(s) were bought and sold.

• Regarding SYF SYF, we observe a call option sweep with bullish sentiment. It expires in 147 day(s) on January 19, 2024. Parties traded 141 contract(s) at a $32.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $40.8K, with a price of $290.0 per contract. There were 732 open contracts at this strike prior to today, and today 473 contract(s) were bought and sold.

• For FUTU FUTU, we notice a call option trade that happens to be bearish, is expiring today. Parties traded 75 contract(s) at a $49.00 strike. The total cost received by the writing party (or parties) was $25.7K, with a price of $343.0 per contract. There were 1902 open contracts at this strike prior to today, and today 308 contract(s) were bought and sold.

• For MTB MTB, we notice a call option sweep that happens to be bullish, expiring in 56 day(s) on October 20, 2023. This event was a transfer of 100 contract(s) at a $135.00 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 $28.0K, with a price of $280.0 per contract. There were 525 open contracts at this strike prior to today, and today 226 contract(s) were bought and sold.

• For WFC WFC, we notice a call option sweep that happens to be bearish, expiring in 511 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $50.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $26.2K, with a price of $263.0 per contract. There were 12932 open contracts at this strike prior to today, and today 217 contract(s) were bought and sold.

• Regarding SCHW SCHW, we observe a call option sweep with bullish sentiment. It expires in 847 day(s) on December 19, 2025. Parties traded 99 contract(s) at a $55.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $153.4K, with a price of $1550.0 per contract. There were 612 open contracts at this strike prior to today, and today 179 contract(s) were bought and sold.

• For LPLA LPLA, we notice a call option sweep that happens to be bullish, expiring in 147 day(s) on January 19, 2024. This event was a transfer of 88 contract(s) at a $290.00 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 $29.9K, with a price of $340.0 per contract. There were 307 open contracts at this strike prior to today, and today 88 contract(s) were bought and sold.

• Regarding BX BX, we observe a put option sweep with neutral sentiment. It expires in 301 day(s) on June 21, 2024. Parties traded 25 contract(s) at a $100.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $28.8K, with a price of $1155.0 per contract. There were 656 open contracts at this strike prior to today, and today 86 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.