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 itemized elaborations have been created using the accompanying table.

• Regarding GGAL GGAL, we observe a put option sweep with bearish sentiment. It expires in 94 day(s) on July 21, 2023. Parties traded 3094 contract(s) at a $7.50 strike. This particular put needed to be split into 39 different trades to become filled. The total cost received by the writing party (or parties) was $62.1K, with a price of $20.0 per contract. There were 718 open contracts at this strike prior to today, and today 8935 contract(s) were bought and sold.

• For WFC WFC, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on April 21, 2023. This event was a transfer of 150 contract(s) at a $40.00 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 $27.6K, with a price of $184.0 per contract. There were 20427 open contracts at this strike prior to today, and today 3126 contract(s) were bought and sold.

• Regarding PNC PNC, we observe a call option trade with neutral sentiment. It expires in 3 day(s) on April 21, 2023. Parties traded 720 contract(s) at a $123.00 strike. The total cost received by the writing party (or parties) was $126.0K, with a price of $175.0 per contract. There were 1266 open contracts at this strike prior to today, and today 1898 contract(s) were bought and sold.

• Regarding CMA CMA, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on April 21, 2023. Parties traded 208 contract(s) at a $45.00 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 $26.0K, with a price of $125.0 per contract. There were 2781 open contracts at this strike prior to today, and today 1428 contract(s) were bought and sold.

• For AXP AXP, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on April 21, 2023. This event was a transfer of 300 contract(s) at a $170.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $34.5K, with a price of $115.0 per contract. There were 2292 open contracts at this strike prior to today, and today 1081 contract(s) were bought and sold.

• For COIN COIN, we notice a call option sweep that happens to be bearish, expiring in 31 day(s) on May 19, 2023. This event was a transfer of 553 contract(s) at a $95.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $80.7K, with a price of $146.0 per contract. There were 1795 open contracts at this strike prior to today, and today 594 contract(s) were bought and sold.

• Regarding SCHW SCHW, we observe a call option trade with bullish sentiment. It expires in 276 day(s) on January 19, 2024. Parties traded 38 contract(s) at a $52.50 strike. The total cost received by the writing party (or parties) was $33.8K, with a price of $890.0 per contract. There were 1585 open contracts at this strike prior to today, and today 498 contract(s) were bought and sold.

• Regarding MS MS, we observe a put option trade with neutral sentiment. It expires in 185 day(s) on October 20, 2023. Parties traded 200 contract(s) at a $82.50 strike. The total cost received by the writing party (or parties) was $76.0K, with a price of $380.0 per contract. There were 157 open contracts at this strike prior to today, and today 485 contract(s) were bought and sold.

• Regarding BAC BAC, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on April 21, 2023. Parties traded 100 contract(s) at a $27.50 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $29.7K, with a price of $297.0 per contract. There were 4003 open contracts at this strike prior to today, and today 335 contract(s) were bought and sold.

• Regarding MET MET, we observe a call option sweep with bullish sentiment. It expires in 150 day(s) on September 15, 2023. Parties traded 194 contract(s) at a $62.50 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 $77.6K, with a price of $400.0 per contract. There were 618 open contracts at this strike prior to today, and today 301 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 news on unusual options activity.

This article was generated by Benzinga's automated content engine and reviewed by an editor.