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 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:

Explanation

These itemized elaborations have been created using the accompanying table.

• For WFC WFC, we notice a call option sweep that happens to be bearish, expiring in 39 day(s) on April 21, 2023. This event was a transfer of 500 contract(s) at a $40.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $85.0K, with a price of $170.0 per contract. There were 2549 open contracts at this strike prior to today, and today 6361 contract(s) were bought and sold.

• Regarding AIG AIG, we observe a call option trade with bearish sentiment. It expires in 95 day(s) on June 16, 2023. Parties traded 250 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $51.2K, with a price of $205.0 per contract. There were 2501 open contracts at this strike prior to today, and today 5108 contract(s) were bought and sold.

• Regarding BAC BAC, we observe a call option trade with bearish sentiment. It expires in 4 day(s) on March 17, 2023. Parties traded 200 contract(s) at a $27.00 strike. The total cost received by the writing party (or parties) was $45.0K, with a price of $225.0 per contract. There were 85 open contracts at this strike prior to today, and today 3009 contract(s) were bought and sold.

• For FRC FRC, we notice a call option trade that happens to be bearish, expiring in 4 day(s) on March 17, 2023. This event was a transfer of 89 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $76.5K, with a price of $860.0 per contract. There were 0 open contracts at this strike prior to today, and today 2323 contract(s) were bought and sold.

• For C C, we notice a put option sweep that happens to be neutral, expiring in 186 day(s) on September 15, 2023. This event was a transfer of 60 contract(s) at a $47.50 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 $35.7K, with a price of $595.0 per contract. There were 3946 open contracts at this strike prior to today, and today 1828 contract(s) were bought and sold.

• Regarding KEY KEY, we observe a call option trade with bearish sentiment. It expires in 39 day(s) on April 21, 2023. Parties traded 400 contract(s) at a $16.00 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $70.0 per contract. There were 743 open contracts at this strike prior to today, and today 1425 contract(s) were bought and sold.

• Regarding USB USB, we observe a put option sweep with bearish sentiment. It expires in 95 day(s) on June 16, 2023. Parties traded 350 contract(s) at a $35.00 strike. This particular put needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $108.5K, with a price of $310.0 per contract. There were 1061 open contracts at this strike prior to today, and today 1336 contract(s) were bought and sold.

• For GGAL GGAL, we notice a call option sweep that happens to be bullish, expiring in 312 day(s) on January 19, 2024. This event was a transfer of 813 contract(s) at a $22.50 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 $44.7K, with a price of $55.0 per contract. There were 9801 open contracts at this strike prior to today, and today 904 contract(s) were bought and sold.

• Regarding AGNC AGNC, we observe a put option sweep with bullish sentiment. It expires in 95 day(s) on June 16, 2023. Parties traded 400 contract(s) at a $11.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $64.0K, with a price of $161.0 per contract. There were 7589 open contracts at this strike prior to today, and today 836 contract(s) were bought and sold.

• For RWT RWT, we notice a put option trade that happens to be neutral, expiring in 277 day(s) on December 15, 2023. This event was a transfer of 200 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $33.0K, with a price of $165.0 per contract. There were 1508 open contracts at this strike prior to today, and today 200 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.