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.

Here's the list of options activity happening in today's session:

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• Regarding LUV LUV, we observe a call option sweep with bullish sentiment. It expires in 23 day(s) on November 17, 2023. Parties traded 961 contract(s) at a $25.00 strike. This particular call needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $57.7K, with a price of $60.0 per contract. There were 2062 open contracts at this strike prior to today, and today 1237 contract(s) were bought and sold.

• Regarding AAL AAL, we observe a call option sweep with bearish sentiment. It expires in 86 day(s) on January 19, 2024. Parties traded 250 contract(s) at a $10.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $44.0K, with a price of $176.0 per contract. There were 5133 open contracts at this strike prior to today, and today 1233 contract(s) were bought and sold.

• For UAL UAL, we notice a call option trade that happens to be bullish, expiring in 9 day(s) on November 3, 2023. This event was a transfer of 563 contract(s) at a $36.00 strike. The total cost received by the writing party (or parties) was $34.3K, with a price of $61.0 per contract. There were 954 open contracts at this strike prior to today, and today 651 contract(s) were bought and sold.

• For DAL DAL, we notice a call option trade that happens to be bearish, expiring in 51 day(s) on December 15, 2023. This event was a transfer of 100 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $27.9K, with a price of $279.0 per contract. There were 200 open contracts at this strike prior to today, and today 398 contract(s) were bought and sold.

• Regarding ADP ADP, we observe a put option sweep with bullish sentiment. It expires in 114 day(s) on February 16, 2024. Parties traded 47 contract(s) at a $220.00 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 $51.2K, with a price of $1090.0 per contract. There were 190 open contracts at this strike prior to today, and today 286 contract(s) were bought and sold.

• Regarding SAVE SAVE, we observe a call option sweep with bullish sentiment. It expires in 23 day(s) on November 17, 2023. Parties traded 239 contract(s) at a $17.50 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $28.6K, with a price of $120.0 per contract. There were 21804 open contracts at this strike prior to today, and today 284 contract(s) were bought and sold.

• For LMT LMT, we notice a call option trade that happens to be bearish, expiring in 9 day(s) on November 3, 2023. This event was a transfer of 99 contract(s) at a $450.00 strike. The total cost received by the writing party (or parties) was $50.4K, with a price of $510.0 per contract. There were 477 open contracts at this strike prior to today, and today 144 contract(s) were bought and sold.

• Regarding UPS UPS, we observe a call option trade with bullish sentiment. It expires in 86 day(s) on January 19, 2024. Parties traded 60 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $36.7K, with a price of $613.0 per contract. There were 436 open contracts at this strike prior to today, and today 121 contract(s) were bought and sold.

• For RTX RTX, we notice a put option sweep that happens to be bearish, expiring in 205 day(s) on May 17, 2024. This event was a transfer of 89 contract(s) at a $80.00 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 $56.9K, with a price of $640.0 per contract. There were 114 open contracts at this strike prior to today, and today 103 contract(s) were bought and sold.

• For AVAV AVAV, we notice a call option sweep that happens to be bullish, expiring in 86 day(s) on January 19, 2024. This event was a transfer of 90 contract(s) at a $145.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $26.0K, with a price of $290.0 per contract. There were 44 open contracts at this strike prior to today, and today 100 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.