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:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
BSX | CALL | SWEEP | BEARISH | 01/12/24 | $59.00 | $40.0K | 4.0K | 4.0K |
TLRY | CALL | TRADE | BULLISH | 01/16/26 | $3.00 | $52.5K | 2.5K | 1.6K |
ELAN | CALL | SWEEP | BEARISH | 04/19/24 | $17.00 | $40.3K | 7.8K | 824 |
CVS | CALL | TRADE | BULLISH | 01/26/24 | $79.00 | $43.8K | 124 | 591 |
INSM | CALL | TRADE | BEARISH | 12/20/24 | $35.00 | $53.0K | 1 | 562 |
GILD | CALL | SWEEP | BULLISH | 01/19/24 | $84.00 | $39.5K | 551 | 512 |
TGTX | CALL | TRADE | BEARISH | 01/19/24 | $8.00 | $507.7K | 1.4K | 443 |
AMGN | CALL | SWEEP | BULLISH | 02/16/24 | $310.00 | $153.4K | 353 | 265 |
JNJ | PUT | SWEEP | BULLISH | 06/21/24 | $155.00 | $45.7K | 2.6K | 214 |
UNH | PUT | TRADE | NEUTRAL | 03/15/24 | $540.00 | $45.4K | 1.0K | 201 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding BSX BSX, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on January 12, 2024. Parties traded 1991 contract(s) at a $59.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $40.0K, with a price of $20.0 per contract. There were 4063 open contracts at this strike prior to today, and today 4018 contract(s) were bought and sold.
• For TLRY TLRY, we notice a call option trade that happens to be bullish, expiring in 739 day(s) on January 16, 2026. This event was a transfer of 500 contract(s) at a $3.00 strike. The total cost received by the writing party (or parties) was $52.5K, with a price of $105.0 per contract. There were 2550 open contracts at this strike prior to today, and today 1619 contract(s) were bought and sold.
• For ELAN ELAN, we notice a call option sweep that happens to be bearish, expiring in 102 day(s) on April 19, 2024. This event was a transfer of 350 contract(s) at a $17.00 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 $40.3K, with a price of $115.0 per contract. There were 7891 open contracts at this strike prior to today, and today 824 contract(s) were bought and sold.
• For CVS CVS, we notice a call option trade that happens to be bullish, expiring in 18 day(s) on January 26, 2024. This event was a transfer of 200 contract(s) at a $79.00 strike. The total cost received by the writing party (or parties) was $43.8K, with a price of $219.0 per contract. There were 124 open contracts at this strike prior to today, and today 591 contract(s) were bought and sold.
• Regarding INSM INSM, we observe a call option trade with bearish sentiment. It expires in 347 day(s) on December 20, 2024. Parties traded 68 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $53.0K, with a price of $780.0 per contract. There were 1 open contracts at this strike prior to today, and today 562 contract(s) were bought and sold.
• For GILD GILD, we notice a call option sweep that happens to be bullish, expiring in 11 day(s) on January 19, 2024. This event was a transfer of 500 contract(s) at a $84.00 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 $39.5K, with a price of $79.0 per contract. There were 551 open contracts at this strike prior to today, and today 512 contract(s) were bought and sold.
• Regarding TGTX TGTX, we observe a call option trade with bearish sentiment. It expires in 11 day(s) on January 19, 2024. Parties traded 403 contract(s) at a $8.00 strike. The total cost received by the writing party (or parties) was $507.7K, with a price of $1260.0 per contract. There were 1448 open contracts at this strike prior to today, and today 443 contract(s) were bought and sold.
• Regarding AMGN AMGN, we observe a call option sweep with bullish sentiment. It expires in 39 day(s) on February 16, 2024. Parties traded 198 contract(s) at a $310.00 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 $153.4K, with a price of $775.0 per contract. There were 353 open contracts at this strike prior to today, and today 265 contract(s) were bought and sold.
• Regarding JNJ JNJ, we observe a put option sweep with bullish sentiment. It expires in 165 day(s) on June 21, 2024. Parties traded 102 contract(s) at a $155.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $45.7K, with a price of $448.0 per contract. There were 2633 open contracts at this strike prior to today, and today 214 contract(s) were bought and sold.
• Regarding UNH UNH, we observe a put option trade with neutral sentiment. It expires in 67 day(s) on March 15, 2024. Parties traded 23 contract(s) at a $540.00 strike. The total cost received by the writing party (or parties) was $45.4K, with a price of $1978.0 per contract. There were 1042 open contracts at this strike prior to today, and today 201 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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