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 PFE PFE, we notice a put option trade that happens to be bearish, expiring in 21 day(s) on December 1, 2023. This event was a transfer of 1600 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $187.2K, with a price of $117.0 per contract. There were 3492 open contracts at this strike prior to today, and today 1641 contract(s) were bought and sold.

• Regarding PODD PODD, we observe a put option trade with bearish sentiment. It expires in 7 day(s) on November 17, 2023. Parties traded 919 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $45.9K, with a price of $50.0 per contract. There were 593 open contracts at this strike prior to today, and today 1443 contract(s) were bought and sold.

• Regarding SGEN SGEN, we observe a put option sweep with bearish sentiment. It expires in 126 day(s) on March 15, 2024. Parties traded 31 contract(s) at a $210.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $28.9K, with a price of $937.0 per contract. There were 206 open contracts at this strike prior to today, and today 167 contract(s) were bought and sold.

• For MRNA MRNA, we notice a put option sweep that happens to be bearish, expiring in 161 day(s) on April 19, 2024. This event was a transfer of 36 contract(s) at a $65.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $27.1K, with a price of $755.0 per contract. There were 322 open contracts at this strike prior to today, and today 107 contract(s) were bought and sold.

• Regarding DXCM DXCM, we observe a call option trade with neutral sentiment. It expires in 35 day(s) on December 15, 2023. Parties traded 100 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $27.0K, with a price of $270.0 per contract. There were 4072 open contracts at this strike prior to today, and today 106 contract(s) were bought and sold.

• Regarding LLY LLY, we observe a call option trade with bearish sentiment. It expires in 14 day(s) on November 24, 2023. Parties traded 50 contract(s) at a $605.00 strike. The total cost received by the writing party (or parties) was $51.5K, with a price of $1030.0 per contract. There were 203 open contracts at this strike prior to today, and today 62 contract(s) were bought and sold.

• Regarding MRK MRK, we observe a put option sweep with bullish sentiment. It expires in 70 day(s) on January 19, 2024. Parties traded 38 contract(s) at a $110.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $36.2K, with a price of $955.0 per contract. There were 5603 open contracts at this strike prior to today, and today 45 contract(s) were bought and sold.

• For BBIO BBIO, we notice a put option sweep that happens to be bearish, expiring in 189 day(s) on May 17, 2024. This event was a transfer of 42 contract(s) at a $35.00 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 $41.1K, with a price of $980.0 per contract. There were 1 open contracts at this strike prior to today, and today 43 contract(s) were bought and sold.

• For ABBV ABBV, we notice a call option sweep that happens to be bearish, expiring in 224 day(s) on June 21, 2024. This event was a transfer of 30 contract(s) at a $135.00 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 $1165.0 per contract. There were 2420 open contracts at this strike prior to today, and today 31 contract(s) were bought and sold.

• Regarding NVO NVO, we observe a call option sweep with bearish sentiment. It expires in 224 day(s) on June 21, 2024. Parties traded 22 contract(s) at a $85.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $45.3K, with a price of $2060.0 per contract. There were 153 open contracts at this strike prior to today, and today 23 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.