10 Financials Stocks With Whale Alerts 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 Financials sector:

Explanation

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

• For BAC BAC, we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on December 15, 2023. This event was a transfer of 2013 contract(s) at a $31.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $36.2K, with a price of $18.0 per contract. There were 54161 open contracts at this strike prior to today, and today 8352 contract(s) were bought and sold.

• Regarding HOOD HOOD, we observe a call option sweep with bullish sentiment. It expires in 65 day(s) on February 16, 2024. Parties traded 624 contract(s) at a $12.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $53.6K, with a price of $86.0 per contract. There were 14182 open contracts at this strike prior to today, and today 3566 contract(s) were bought and sold.

• For USB USB, we notice a put option sweep that happens to be bullish, expiring in 65 day(s) on February 16, 2024. This event was a transfer of 1000 contract(s) at a $35.00 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 $40.0K, with a price of $40.0 per contract. There were 5940 open contracts at this strike prior to today, and today 1030 contract(s) were bought and sold.

• Regarding RILY RILY, we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on December 15, 2023. Parties traded 50 contract(s) at a $28.00 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 $31.0K, with a price of $620.0 per contract. There were 1201 open contracts at this strike prior to today, and today 501 contract(s) were bought and sold.

• Regarding AMBC AMBC, we observe a call option trade with bearish sentiment. It expires in 65 day(s) on February 16, 2024. Parties traded 403 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $65.6K, with a price of $163.0 per contract. There were 21709 open contracts at this strike prior to today, and today 403 contract(s) were bought and sold.

• Regarding PGR PGR, we observe a put option trade with bullish sentiment. It expires in 65 day(s) on February 16, 2024. Parties traded 300 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $138.3K, with a price of $461.0 per contract. There were 314 open contracts at this strike prior to today, and today 305 contract(s) were bought and sold.

• Regarding COF COF, we observe a put option sweep with bullish sentiment. It expires in 401 day(s) on January 17, 2025. Parties traded 230 contract(s) at a $125.00 strike. This particular put needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $340.6K, with a price of $1480.0 per contract. There were 299 open contracts at this strike prior to today, and today 243 contract(s) were bought and sold.

• For UPST UPST, we notice a put option sweep that happens to be bullish, expiring in 93 day(s) on March 15, 2024. This event was a transfer of 89 contract(s) at a $30.00 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 $40.4K, with a price of $455.0 per contract. There were 2004 open contracts at this strike prior to today, and today 112 contract(s) were bought and sold.

• For WFC WFC, we notice a put option sweep that happens to be neutral, expiring in 156 day(s) on May 17, 2024. This event was a transfer of 73 contract(s) at a $50.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $33.9K, with a price of $465.0 per contract. There were 78 open contracts at this strike prior to today, and today 104 contract(s) were bought and sold.

• Regarding JPM JPM, we observe a put option sweep with bullish sentiment. It expires in 282 day(s) on September 20, 2024. Parties traded 62 contract(s) at a $150.00 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 $39.0K, with a price of $630.0 per contract. There were 1351 open contracts at this strike prior to today, and today 65 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.