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 C C, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on December 22, 2023. This event was a transfer of 3000 contract(s) at a $52.00 strike. This particular call needed to be split into 32 different trades to become filled. The total cost received by the writing party (or parties) was $39.0K, with a price of $13.0 per contract. There were 47025 open contracts at this strike prior to today, and today 19495 contract(s) were bought and sold.

• Regarding UPST UPST, we observe a call option sweep with bullish sentiment. It expires in 11 day(s) on December 29, 2023. Parties traded 100 contract(s) at a $48.00 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 $26.2K, with a price of $262.0 per contract. There were 437 open contracts at this strike prior to today, and today 900 contract(s) were bought and sold.

• Regarding PYPL PYPL, we observe a call option sweep with bearish sentiment. It expires in 88 day(s) on March 15, 2024. Parties traded 98 contract(s) at a $65.00 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 $35.4K, with a price of $362.0 per contract. There were 5437 open contracts at this strike prior to today, and today 508 contract(s) were bought and sold.

• For BAC BAC, we notice a call option sweep that happens to be bullish, expiring in 32 day(s) on January 19, 2024. This event was a transfer of 290 contract(s) at a $30.00 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 $113.1K, with a price of $390.0 per contract. There were 80484 open contracts at this strike prior to today, and today 478 contract(s) were bought and sold.

• Regarding MS MS, we observe a call option sweep with bullish sentiment. It expires in 123 day(s) on April 19, 2024. Parties traded 432 contract(s) at a $97.50 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $115.3K, with a price of $267.0 per contract. There were 327 open contracts at this strike prior to today, and today 442 contract(s) were bought and sold.

• Regarding GS GS, we observe a put option trade with bullish sentiment. It expires in 18 day(s) on January 5, 2024. Parties traded 50 contract(s) at a $380.00 strike. The total cost received by the writing party (or parties) was $34.2K, with a price of $685.0 per contract. There were 234 open contracts at this strike prior to today, and today 248 contract(s) were bought and sold.

• For BK BK, we notice a put option trade that happens to be neutral, expiring in 32 day(s) on January 19, 2024. This event was a transfer of 143 contract(s) at a $52.50 strike. The total cost received by the writing party (or parties) was $26.4K, with a price of $185.0 per contract. There were 100 open contracts at this strike prior to today, and today 170 contract(s) were bought and sold.

• Regarding PNC PNC, we observe a call option trade with bearish sentiment. It expires in 396 day(s) on January 17, 2025. Parties traded 25 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $64.0K, with a price of $2560.0 per contract. There were 106 open contracts at this strike prior to today, and today 159 contract(s) were bought and sold.

• Regarding RILY RILY, we observe a call option sweep with bearish sentiment. It expires in 11 day(s) on December 29, 2023. Parties traded 135 contract(s) at a $22.50 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $27.7K, with a price of $206.0 per contract. There were 59 open contracts at this strike prior to today, and today 143 contract(s) were bought and sold.

• For SCHW SCHW, we notice a call option trade that happens to be bearish, expiring in 186 day(s) on June 21, 2024. This event was a transfer of 36 contract(s) at a $62.50 strike. The total cost received by the writing party (or parties) was $39.7K, with a price of $1105.0 per contract. There were 709 open contracts at this strike prior to today, and today 113 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.