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

• For BAC BAC, we notice a put option trade that happens to be bullish, expiring in 774 day(s) on January 16, 2026. This event was a transfer of 2000 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $394.0K, with a price of $197.0 per contract. There were 17004 open contracts at this strike prior to today, and today 12010 contract(s) were bought and sold.

• Regarding PYPL PYPL, we observe a call option sweep with bullish sentiment. It expires in 46 day(s) on January 19, 2024. Parties traded 100 contract(s) at a $60.00 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 $29.1K, with a price of $291.0 per contract. There were 22253 open contracts at this strike prior to today, and today 5901 contract(s) were bought and sold.

• For COIN COIN, we notice a call option sweep that happens to be bullish, expiring in 46 day(s) on January 19, 2024. This event was a transfer of 50 contract(s) at a $150.00 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 $71.9K, with a price of $1440.0 per contract. There were 6188 open contracts at this strike prior to today, and today 4374 contract(s) were bought and sold.

• For AFRM AFRM, we notice a call option sweep that happens to be bullish, expiring in 46 day(s) on January 19, 2024. This event was a transfer of 427 contract(s) at a $40.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $175.1K, with a price of $410.0 per contract. There were 8667 open contracts at this strike prior to today, and today 3757 contract(s) were bought and sold.

• For UPST UPST, we notice a call option trade that happens to be bearish, expiring in 46 day(s) on January 19, 2024. This event was a transfer of 1200 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $120.0K, with a price of $100.0 per contract. There were 6599 open contracts at this strike prior to today, and today 1795 contract(s) were bought and sold.

• For SQ SQ, we notice a call option trade that happens to be bearish, expiring in 774 day(s) on January 16, 2026. This event was a transfer of 139 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $289.8K, with a price of $2085.0 per contract. There were 417 open contracts at this strike prior to today, and today 343 contract(s) were bought and sold.

• For C C, we notice a call option trade that happens to be bullish, expiring in 774 day(s) on January 16, 2026. This event was a transfer of 38 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $42.7K, with a price of $1125.0 per contract. There were 1197 open contracts at this strike prior to today, and today 303 contract(s) were bought and sold.

• Regarding LMND LMND, we observe a call option trade with neutral sentiment. It expires in 11 day(s) on December 15, 2023. Parties traded 200 contract(s) at a $17.00 strike. The total cost received by the writing party (or parties) was $45.9K, with a price of $230.0 per contract. There were 2112 open contracts at this strike prior to today, and today 234 contract(s) were bought and sold.

• For JPM JPM, we notice a call option sweep that happens to be bearish, expiring in 46 day(s) on January 19, 2024. This event was a transfer of 15 contract(s) at a $140.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $27.2K, with a price of $1815.0 per contract. There were 12038 open contracts at this strike prior to today, and today 180 contract(s) were bought and sold.

• For WFC WFC, we notice a call option trade that happens to be bearish, expiring in 410 day(s) on January 17, 2025. This event was a transfer of 101 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $55.5K, with a price of $550.0 per contract. There were 15159 open contracts at this strike prior to today, and today 162 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.