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.

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

Explanation

These itemized elaborations have been created using the accompanying table.

• For AAL AAL, we notice a put option sweep that happens to be bullish, expiring in 56 day(s) on December 15, 2023. This event was a transfer of 537 contract(s) at a $12.00 strike. This particular put needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $63.3K, with a price of $118.0 per contract. There were 12630 open contracts at this strike prior to today, and today 4386 contract(s) were bought and sold.

• For CHPT CHPT, we notice a put option sweep that happens to be bearish, expiring in 28 day(s) on November 17, 2023. This event was a transfer of 164 contract(s) at a $5.00 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 $33.1K, with a price of $202.0 per contract. There were 18597 open contracts at this strike prior to today, and today 637 contract(s) were bought and sold.

• For CAT CAT, we notice a put option sweep that happens to be bullish, expiring in 91 day(s) on January 19, 2024. This event was a transfer of 71 contract(s) at a $250.00 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 $100.4K, with a price of $1415.0 per contract. There were 2218 open contracts at this strike prior to today, and today 423 contract(s) were bought and sold.

• Regarding BA BA, we observe a put option trade with bearish sentiment. It expires in 28 day(s) on November 17, 2023. Parties traded 30 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $26.8K, with a price of $894.0 per contract. There were 1901 open contracts at this strike prior to today, and today 330 contract(s) were bought and sold.

• For BWXT BWXT, we notice a call option sweep that happens to be bearish, expiring in 28 day(s) on November 17, 2023. This event was a transfer of 50 contract(s) at a $70.00 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 $38.5K, with a price of $770.0 per contract. There were 701 open contracts at this strike prior to today, and today 276 contract(s) were bought and sold.

• For CHRW CHRW, we notice a call option trade that happens to be bearish, expiring in 91 day(s) on January 19, 2024. This event was a transfer of 250 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $40.0K, with a price of $160.0 per contract. There were 606 open contracts at this strike prior to today, and today 250 contract(s) were bought and sold.

• For IEP IEP, we notice a put option trade that happens to be bullish, expiring in 91 day(s) on January 19, 2024. This event was a transfer of 198 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $451.6K, with a price of $2281.0 per contract. There were 2126 open contracts at this strike prior to today, and today 201 contract(s) were bought and sold.

• Regarding JCI JCI, we observe a put option trade with bullish sentiment. It expires in 819 day(s) on January 16, 2026. Parties traded 196 contract(s) at a $42.50 strike. The total cost received by the writing party (or parties) was $94.0K, with a price of $480.0 per contract. There were 0 open contracts at this strike prior to today, and today 196 contract(s) were bought and sold.

• For NOC NOC, we notice a put option trade that happens to be neutral, expiring in 7 day(s) on October 27, 2023. This event was a transfer of 25 contract(s) at a $495.00 strike. The total cost received by the writing party (or parties) was $31.3K, with a price of $1252.0 per contract. There were 67 open contracts at this strike prior to today, and today 185 contract(s) were bought and sold.

• Regarding LMT LMT, we observe a put option sweep with bullish sentiment. It expires in 7 day(s) on October 27, 2023. Parties traded 41 contract(s) at a $450.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $30.1K, with a price of $734.0 per contract. There were 69 open contracts at this strike prior to today, and today 178 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 news on unusual options activity.

This article was generated by Benzinga's automated content engine and reviewed by an editor.