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.

• For AAL AAL, we notice a put option trade that happens to be bearish, expiring in 415 day(s) on January 17, 2025. This event was a transfer of 9288 contract(s) at a $8.00 strike. The total cost received by the writing party (or parties) was $520.1K, with a price of $56.0 per contract. There were 73638 open contracts at this strike prior to today, and today 10000 contract(s) were bought and sold.

• Regarding VRT VRT, we observe a put option sweep with bullish sentiment. It expires in 51 day(s) on January 19, 2024. Parties traded 100 contract(s) at a $42.50 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $25.5K, with a price of $255.0 per contract. There were 8940 open contracts at this strike prior to today, and today 1338 contract(s) were bought and sold.

• For GNRC GNRC, we notice a call option trade that happens to be bullish, expiring in 205 day(s) on June 21, 2024. This event was a transfer of 800 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $1.0 million, with a price of $1260.0 per contract. There were 671 open contracts at this strike prior to today, and today 802 contract(s) were bought and sold.

• Regarding LYFT LYFT, we observe a call option sweep with bearish sentiment. It expires in 415 day(s) on January 17, 2025. Parties traded 180 contract(s) at a $15.00 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 $39.7K, with a price of $221.0 per contract. There were 6484 open contracts at this strike prior to today, and today 254 contract(s) were bought and sold.

• Regarding BA BA, we observe a call option sweep with bullish sentiment. It expires in 205 day(s) on June 21, 2024. Parties traded 50 contract(s) at a $230.00 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 $92.1K, with a price of $1840.0 per contract. There were 1283 open contracts at this strike prior to today, and today 82 contract(s) were bought and sold.

• For UBER UBER, we notice a call option trade that happens to be bullish, expiring in 415 day(s) on January 17, 2025. This event was a transfer of 80 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $45.7K, with a price of $572.0 per contract. There were 5582 open contracts at this strike prior to today, and today 81 contract(s) were bought and sold.

• For WM WM, we notice a call option sweep that happens to be bullish, expiring in 142 day(s) on April 19, 2024. This event was a transfer of 27 contract(s) at a $165.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $27.8K, with a price of $1030.0 per contract. There were 225 open contracts at this strike prior to today, and today 33 contract(s) were bought and sold.

• For UPS UPS, we notice a put option sweep that happens to be bullish, expiring in 205 day(s) on June 21, 2024. This event was a transfer of 25 contract(s) at a $160.00 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 $34.8K, with a price of $1398.0 per contract. There were 287 open contracts at this strike prior to today, and today 25 contract(s) were bought and sold.

• For PAYC PAYC, we notice a put option trade that happens to be bullish, expiring in 170 day(s) on May 17, 2024. This event was a transfer of 20 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $47.8K, with a price of $2390.0 per contract. There were 7 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold.

• For SAIA SAIA, we notice a put option trade that happens to be bearish, expiring in 205 day(s) on June 21, 2024. This event was a transfer of 10 contract(s) at a $370.00 strike. The total cost received by the writing party (or parties) was $29.4K, with a price of $2940.0 per contract. There were 9 open contracts at this strike prior to today, and today 10 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.