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:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
LLY | CALL | SWEEP | BEARISH | 12/15/23 | $600.00 | $27.8K | 3.3K | 6.1K |
CVS | PUT | SWEEP | BEARISH | 12/15/23 | $72.50 | $30.0K | 752 | 3.0K |
NRIX | CALL | TRADE | BEARISH | 12/15/23 | $7.50 | $200.0K | 3.3K | 2.0K |
GILD | CALL | SWEEP | BULLISH | 12/15/23 | $80.00 | $68.6K | 7.3K | 1.3K |
BLUE | CALL | SWEEP | BULLISH | 01/19/24 | $2.50 | $47.4K | 11.3K | 1.0K |
CERE | CALL | TRADE | BULLISH | 01/19/24 | $35.00 | $227.1K | 1.0K | 501 |
TGTX | CALL | SWEEP | BEARISH | 01/19/24 | $16.00 | $33.0K | 1.8K | 218 |
SAVA | CALL | TRADE | BULLISH | 01/12/24 | $27.00 | $27.5K | 1 | 203 |
CI | PUT | TRADE | BULLISH | 01/17/25 | $250.00 | $77.2K | 416 | 114 |
IMGN | CALL | TRADE | BULLISH | 04/19/24 | $17.00 | $94.5K | 1.0K | 75 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For LLY LLY, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on December 15, 2023. This event was a transfer of 174 contract(s) at a $600.00 strike. This particular call needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $27.8K, with a price of $160.0 per contract. There were 3367 open contracts at this strike prior to today, and today 6182 contract(s) were bought and sold.
• Regarding CVS CVS, we observe a put option sweep with bearish sentiment. It expires in 4 day(s) on December 15, 2023. Parties traded 1000 contract(s) at a $72.50 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $30.0K, with a price of $30.0 per contract. There were 752 open contracts at this strike prior to today, and today 3031 contract(s) were bought and sold.
• For NRIX NRIX, we notice a call option trade that happens to be bearish, expiring in 4 day(s) on December 15, 2023. This event was a transfer of 2000 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $200.0K, with a price of $100.0 per contract. There were 3317 open contracts at this strike prior to today, and today 2000 contract(s) were bought and sold.
• Regarding GILD GILD, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on December 15, 2023. Parties traded 1202 contract(s) at a $80.00 strike. This particular call needed to be split into 49 different trades to become filled. The total cost received by the writing party (or parties) was $68.6K, with a price of $57.0 per contract. There were 7371 open contracts at this strike prior to today, and today 1331 contract(s) were bought and sold.
• For BLUE BLUE, we notice a call option sweep that happens to be bullish, expiring in 39 day(s) on January 19, 2024. This event was a transfer of 496 contract(s) at a $2.50 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 $47.4K, with a price of $95.0 per contract. There were 11314 open contracts at this strike prior to today, and today 1093 contract(s) were bought and sold.
• Regarding CERE CERE, we observe a call option trade with bullish sentiment. It expires in 39 day(s) on January 19, 2024. Parties traded 350 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $227.1K, with a price of $649.0 per contract. There were 1083 open contracts at this strike prior to today, and today 501 contract(s) were bought and sold.
• For TGTX TGTX, we notice a call option sweep that happens to be bearish, expiring in 39 day(s) on January 19, 2024. This event was a transfer of 189 contract(s) at a $16.00 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 $33.0K, with a price of $175.0 per contract. There were 1880 open contracts at this strike prior to today, and today 218 contract(s) were bought and sold.
• Regarding SAVA SAVA, we observe a call option trade with bullish sentiment. It expires in 32 day(s) on January 12, 2024. Parties traded 100 contract(s) at a $27.00 strike. The total cost received by the writing party (or parties) was $27.5K, with a price of $275.0 per contract. There were 1 open contracts at this strike prior to today, and today 203 contract(s) were bought and sold.
• For CI CI, we notice a put option trade that happens to be bullish, expiring in 403 day(s) on January 17, 2025. This event was a transfer of 75 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $77.2K, with a price of $1030.0 per contract. There were 416 open contracts at this strike prior to today, and today 114 contract(s) were bought and sold.
• Regarding IMGN IMGN, we observe a call option trade with bullish sentiment. It expires in 130 day(s) on April 19, 2024. Parties traded 75 contract(s) at a $17.00 strike. The total cost received by the writing party (or parties) was $94.5K, with a price of $1260.0 per contract. There were 1054 open contracts at this strike prior to today, and today 75 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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