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:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
EW | CALL | SWEEP | BULLISH | 11/17/23 | $72.50 | $25.9K | 10.3K | 4.5K |
DHR | CALL | SWEEP | BULLISH | 01/19/24 | $210.00 | $32.8K | 3.5K | 2.1K |
GILD | PUT | SWEEP | BEARISH | 10/27/23 | $77.00 | $29.2K | 576 | 1.6K |
SAVA | PUT | TRADE | BULLISH | 10/27/23 | $17.50 | $324.0K | 11 | 1.0K |
NVO | CALL | TRADE | BEARISH | 12/15/23 | $110.00 | $38.8K | 2.5K | 524 |
ACHV | PUT | TRADE | NEUTRAL | 12/15/23 | $5.00 | $25.8K | 366 | 200 |
MRNA | PUT | SWEEP | BEARISH | 01/19/24 | $85.00 | $78.0K | 3.6K | 89 |
THC | PUT | SWEEP | BULLISH | 12/20/24 | $50.00 | $36.5K | 175 | 50 |
SRPT | PUT | SWEEP | BULLISH | 01/19/24 | $105.00 | $70.8K | 1.2K | 31 |
LLY | CALL | TRADE | NEUTRAL | 11/17/23 | $320.00 | $26.9K | 10 | 4 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding EW EW, we observe a call option sweep with bullish sentiment. It expires in 24 day(s) on November 17, 2023. Parties traded 133 contract(s) at a $72.50 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 $25.9K, with a price of $195.0 per contract. There were 10393 open contracts at this strike prior to today, and today 4510 contract(s) were bought and sold.
• Regarding DHR DHR, we observe a call option sweep with bullish sentiment. It expires in 87 day(s) on January 19, 2024. Parties traded 49 contract(s) at a $210.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $32.8K, with a price of $670.0 per contract. There were 3565 open contracts at this strike prior to today, and today 2122 contract(s) were bought and sold.
• For GILD GILD, we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on October 27, 2023. This event was a transfer of 751 contract(s) at a $77.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $39.0 per contract. There were 576 open contracts at this strike prior to today, and today 1678 contract(s) were bought and sold.
• Regarding SAVA SAVA, we observe a put option trade with bullish sentiment. It expires in 3 day(s) on October 27, 2023. Parties traded 1000 contract(s) at a $17.50 strike. The total cost received by the writing party (or parties) was $324.0K, with a price of $324.0 per contract. There were 11 open contracts at this strike prior to today, and today 1005 contract(s) were bought and sold.
• For NVO NVO, we notice a call option trade that happens to be bearish, expiring in 52 day(s) on December 15, 2023. This event was a transfer of 321 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $38.8K, with a price of $121.0 per contract. There were 2590 open contracts at this strike prior to today, and today 524 contract(s) were bought and sold.
• Regarding ACHV ACHV, we observe a put option trade with neutral sentiment. It expires in 52 day(s) on December 15, 2023. Parties traded 200 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $25.8K, with a price of $129.0 per contract. There were 366 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.
• For MRNA MRNA, we notice a put option sweep that happens to be bearish, expiring in 87 day(s) on January 19, 2024. This event was a transfer of 70 contract(s) at a $85.00 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 $78.0K, with a price of $1115.0 per contract. There were 3662 open contracts at this strike prior to today, and today 89 contract(s) were bought and sold.
• For THC THC, we notice a put option sweep that happens to be bullish, expiring in 423 day(s) on December 20, 2024. This event was a transfer of 50 contract(s) at a $50.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $36.5K, with a price of $730.0 per contract. There were 175 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold.
• For SRPT SRPT, we notice a put option sweep that happens to be bullish, expiring in 87 day(s) on January 19, 2024. This event was a transfer of 27 contract(s) at a $105.00 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 $70.8K, with a price of $2645.0 per contract. There were 1259 open contracts at this strike prior to today, and today 31 contract(s) were bought and sold.
• For LLY LLY, we notice a call option trade that happens to be neutral, expiring in 24 day(s) on November 17, 2023. This event was a transfer of 1 contract(s) at a $320.00 strike. The total cost received by the writing party (or parties) was $26.9K, with a price of $26930.0 per contract. There were 10 open contracts at this strike prior to today, and today 4 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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