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 Health Care sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
APLS | CALL | SWEEP | BULLISH | 01/19/24 | $50.00 | $134.9K | 8.0K | 5.4K |
PFE | CALL | TRADE | BEARISH | 05/17/24 | $33.00 | $56.0K | 4.8K | 3.0K |
BMY | PUT | SWEEP | BEARISH | 12/29/23 | $52.00 | $51.6K | 574 | 2.3K |
MRNA | CALL | SWEEP | BEARISH | 01/05/24 | $105.00 | $38.6K | 1.2K | 1.5K |
DOCS | CALL | SWEEP | BEARISH | 01/19/24 | $27.50 | $40.5K | 3.1K | 833 |
HIMS | CALL | SWEEP | BULLISH | 01/17/25 | $12.00 | $34.7K | 1.0K | 557 |
TDOC | CALL | SWEEP | BULLISH | 01/05/24 | $20.00 | $83.7K | 57 | 525 |
TGTX | PUT | SWEEP | NEUTRAL | 12/29/23 | $20.00 | $64.0K | 1 | 200 |
VRTX | CALL | TRADE | BULLISH | 12/29/23 | $405.00 | $34.2K | 256 | 178 |
TMO | CALL | TRADE | BEARISH | 12/29/23 | $520.00 | $69.3K | 122 | 101 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For APLS APLS, we notice a call option sweep that happens to be bullish, expiring in 25 day(s) on January 19, 2024. This event was a transfer of 142 contract(s) at a $50.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $134.9K, with a price of $950.0 per contract. There were 8074 open contracts at this strike prior to today, and today 5404 contract(s) were bought and sold.
• Regarding PFE PFE, we observe a call option trade with bearish sentiment. It expires in 144 day(s) on May 17, 2024. Parties traded 1000 contract(s) at a $33.00 strike. The total cost received by the writing party (or parties) was $56.0K, with a price of $56.0 per contract. There were 4884 open contracts at this strike prior to today, and today 3007 contract(s) were bought and sold.
• For BMY BMY, we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on December 29, 2023. This event was a transfer of 994 contract(s) at a $52.00 strike. This particular put needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $51.6K, with a price of $52.0 per contract. There were 574 open contracts at this strike prior to today, and today 2366 contract(s) were bought and sold.
• For MRNA MRNA, we notice a call option sweep that happens to be bearish, expiring in 11 day(s) on January 5, 2024. This event was a transfer of 367 contract(s) at a $105.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $38.6K, with a price of $105.0 per contract. There were 1209 open contracts at this strike prior to today, and today 1589 contract(s) were bought and sold.
• Regarding DOCS DOCS, we observe a call option sweep with bearish sentiment. It expires in 25 day(s) on January 19, 2024. Parties traded 300 contract(s) at a $27.50 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 $40.5K, with a price of $135.0 per contract. There were 3155 open contracts at this strike prior to today, and today 833 contract(s) were bought and sold.
• For HIMS HIMS, we notice a call option sweep that happens to be bullish, expiring in 389 day(s) on January 17, 2025. This event was a transfer of 278 contract(s) at a $12.00 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 $34.7K, with a price of $125.0 per contract. There were 1026 open contracts at this strike prior to today, and today 557 contract(s) were bought and sold.
• For TDOC TDOC, we notice a call option sweep that happens to be bullish, expiring in 11 day(s) on January 5, 2024. This event was a transfer of 476 contract(s) at a $20.00 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 $83.7K, with a price of $176.0 per contract. There were 57 open contracts at this strike prior to today, and today 525 contract(s) were bought and sold.
• For TGTX TGTX, we notice a put option sweep that happens to be neutral, expiring in 4 day(s) on December 29, 2023. This event was a transfer of 200 contract(s) at a $20.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $64.0K, with a price of $320.0 per contract. There were 1 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.
• Regarding VRTX VRTX, we observe a call option trade with bullish sentiment. It expires in 4 day(s) on December 29, 2023. Parties traded 95 contract(s) at a $405.00 strike. The total cost received by the writing party (or parties) was $34.2K, with a price of $360.0 per contract. There were 256 open contracts at this strike prior to today, and today 178 contract(s) were bought and sold.
• For TMO TMO, we notice a call option trade that happens to be bearish, expiring in 4 day(s) on December 29, 2023. This event was a transfer of 60 contract(s) at a $520.00 strike. The total cost received by the writing party (or parties) was $69.3K, with a price of $1155.0 per contract. There were 122 open contracts at this strike prior to today, and today 101 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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