10 Financials 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.

• For BAC BAC, we notice a put option trade that happens to be bullish, expiring in 88 day(s) on January 19, 2024. This event was a transfer of 407 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $43.5K, with a price of $107.0 per contract. There were 84221 open contracts at this strike prior to today, and today 3385 contract(s) were bought and sold.

• For SCHW SCHW, we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on October 27, 2023. This event was a transfer of 359 contract(s) at a $50.00 strike. This particular put needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $36.6K, with a price of $102.0 per contract. There were 5704 open contracts at this strike prior to today, and today 2468 contract(s) were bought and sold.

• Regarding C C, we observe a call option trade with neutral sentiment. It expires in 4 day(s) on October 27, 2023. Parties traded 1500 contract(s) at a $38.00 strike. The total cost received by the writing party (or parties) was $217.5K, with a price of $145.0 per contract. There were 202 open contracts at this strike prior to today, and today 2005 contract(s) were bought and sold.

• For COIN COIN, we notice a call option sweep that happens to be bearish, expiring in 25 day(s) on November 17, 2023. This event was a transfer of 374 contract(s) at a $100.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $65.8K, with a price of $176.0 per contract. There were 3542 open contracts at this strike prior to today, and today 1379 contract(s) were bought and sold.

• For WAL WAL, we notice a put option sweep that happens to be bullish, expiring in 4 day(s) on October 27, 2023. This event was a transfer of 298 contract(s) at a $42.50 strike. This particular put needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $26.8K, with a price of $90.0 per contract. There were 311 open contracts at this strike prior to today, and today 301 contract(s) were bought and sold.

• For JPM JPM, we notice a put option trade that happens to be bullish, expiring in 88 day(s) on January 19, 2024. This event was a transfer of 53 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $37.8K, with a price of $715.0 per contract. There were 8056 open contracts at this strike prior to today, and today 174 contract(s) were bought and sold.

• Regarding RJF RJF, we observe a call option sweep with bullish sentiment. It expires in 25 day(s) on November 17, 2023. Parties traded 75 contract(s) at a $95.00 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 $26.8K, with a price of $357.0 per contract. There were 110 open contracts at this strike prior to today, and today 103 contract(s) were bought and sold.

• For KEY KEY, we notice a put option trade that happens to be bullish, expiring in 53 day(s) on December 15, 2023. This event was a transfer of 100 contract(s) at a $13.00 strike. The total cost received by the writing party (or parties) was $30.5K, with a price of $305.0 per contract. There were 2573 open contracts at this strike prior to today, and today 101 contract(s) were bought and sold.

• For TFC TFC, we notice a put option sweep that happens to be bullish, expiring in 53 day(s) on December 15, 2023. This event was a transfer of 50 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 $28.5K, with a price of $570.0 per contract. There were 547 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold.

• For PNC PNC, we notice a put option trade that happens to be bearish, expiring in 25 day(s) on November 17, 2023. This event was a transfer of 20 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $27.4K, with a price of $1370.0 per contract. There were 1033 open contracts at this strike prior to today, and today 46 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.