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 itemized elaborations have been created using the accompanying table.

• Regarding JNJ JNJ, we observe a put option trade with bearish sentiment. It expires in 53 day(s) on October 20, 2023. Parties traded 376 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $87.2K, with a price of $232.0 per contract. There were 19159 open contracts at this strike prior to today, and today 1994 contract(s) were bought and sold.

• Regarding BSX BSX, we observe a call option sweep with bullish sentiment. It expires in 18 day(s) on September 15, 2023. Parties traded 1000 contract(s) at a $55.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $40.0K, with a price of $40.0 per contract. There were 12058 open contracts at this strike prior to today, and today 1702 contract(s) were bought and sold.

• For TGTX TGTX, we notice a call option sweep that happens to be bearish, expiring in 508 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $15.00 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 $36.0K, with a price of $360.0 per contract. There were 2193 open contracts at this strike prior to today, and today 605 contract(s) were bought and sold.

• Regarding CVS CVS, we observe a call option sweep with bullish sentiment. It expires in 81 day(s) on November 17, 2023. Parties traded 200 contract(s) at a $70.00 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 $39.9K, with a price of $200.0 per contract. There were 5098 open contracts at this strike prior to today, and today 334 contract(s) were bought and sold.

• Regarding DHR DHR, we observe a call option sweep with bearish sentiment. It expires in 53 day(s) on October 20, 2023. Parties traded 249 contract(s) at a $280.00 strike. This particular call needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $70.9K, with a price of $285.0 per contract. There were 877 open contracts at this strike prior to today, and today 285 contract(s) were bought and sold.

• For GILD GILD, we notice a call option sweep that happens to be bearish, expiring in 81 day(s) on November 17, 2023. This event was a transfer of 225 contract(s) at a $80.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $41.1K, with a price of $183.0 per contract. There were 4169 open contracts at this strike prior to today, and today 254 contract(s) were bought and sold.

• Regarding MRK MRK, we observe a call option sweep with bullish sentiment. It expires in 53 day(s) on October 20, 2023. Parties traded 145 contract(s) at a $110.00 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 $40.0K, with a price of $276.0 per contract. There were 4479 open contracts at this strike prior to today, and today 210 contract(s) were bought and sold.

• For PFE PFE, we notice a put option sweep that happens to be bearish, expiring in 508 day(s) on January 17, 2025. This event was a transfer of 154 contract(s) at a $32.50 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 $35.2K, with a price of $229.0 per contract. There were 14979 open contracts at this strike prior to today, and today 171 contract(s) were bought and sold.

• Regarding BMY BMY, we observe a put option trade with bullish sentiment. It expires in 200 day(s) on March 15, 2024. Parties traded 124 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $63.8K, with a price of $515.0 per contract. There were 101 open contracts at this strike prior to today, and today 126 contract(s) were bought and sold.

• For MRNA MRNA, we notice a put option trade that happens to be bearish, expiring in 235 day(s) on April 19, 2024. This event was a transfer of 50 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $88.4K, with a price of $1769.0 per contract. There were 293 open contracts at this strike prior to today, and today 65 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.