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.

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

Explanation

These itemized elaborations have been created using the accompanying table.

• For SHC SHC, we notice a put option sweep that happens to be bearish, expiring in 37 day(s) on November 17, 2023. This event was a transfer of 1628 contract(s) at a $12.50 strike. This particular put needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $65.1K, with a price of $40.0 per contract. There were 516 open contracts at this strike prior to today, and today 2000 contract(s) were bought and sold.

• For ARDX ARDX, we notice a call option sweep that happens to be bullish, expiring in 100 day(s) on January 19, 2024. This event was a transfer of 1217 contract(s) at a $4.50 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $73.0K, with a price of $60.0 per contract. There were 2551 open contracts at this strike prior to today, and today 1453 contract(s) were bought and sold.

• Regarding TLRY TLRY, we observe a call option sweep with bearish sentiment. It expires in 254 day(s) on June 21, 2024. Parties traded 1000 contract(s) at a $2.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $58.0K, with a price of $58.0 per contract. There were 3233 open contracts at this strike prior to today, and today 1426 contract(s) were bought and sold.

• Regarding CRMD CRMD, we observe a put option trade with bearish sentiment. It expires in 37 day(s) on November 17, 2023. Parties traded 500 contract(s) at a $3.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $60.0 per contract. There were 202 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.

• For LLY LLY, we notice a call option trade that happens to be bullish, expiring in 100 day(s) on January 19, 2024. This event was a transfer of 20 contract(s) at a $660.00 strike. The total cost received by the writing party (or parties) was $37.2K, with a price of $1860.0 per contract. There were 809 open contracts at this strike prior to today, and today 340 contract(s) were bought and sold.

• Regarding ALNY ALNY, we observe a put option trade with bearish sentiment. It expires in 254 day(s) on June 21, 2024. Parties traded 250 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $390.0K, with a price of $1560.0 per contract. There were 287 open contracts at this strike prior to today, and today 250 contract(s) were bought and sold.

• Regarding ZBH ZBH, we observe a call option sweep with bullish sentiment. It expires in 37 day(s) on November 17, 2023. Parties traded 164 contract(s) at a $105.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $86.9K, with a price of $530.0 per contract. There were 11 open contracts at this strike prior to today, and today 164 contract(s) were bought and sold.

• Regarding AMGN AMGN, we observe a call option sweep with bearish sentiment. It expires in 100 day(s) on January 19, 2024. Parties traded 16 contract(s) at a $280.00 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 $26.6K, with a price of $1665.0 per contract. There were 1038 open contracts at this strike prior to today, and today 132 contract(s) were bought and sold.

• Regarding ILMN ILMN, we observe a call option sweep with bullish sentiment. It expires in 65 day(s) on December 15, 2023. Parties traded 76 contract(s) at a $155.00 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 $34.9K, with a price of $460.0 per contract. There were 234 open contracts at this strike prior to today, and today 111 contract(s) were bought and sold.

• Regarding IMGN IMGN, we observe a put option trade with bearish sentiment. It expires in 100 day(s) on January 19, 2024. Parties traded 110 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $29.1K, with a price of $265.0 per contract. There were 642 open contracts at this strike prior to today, and today 110 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.