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.
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 |
---|---|---|---|---|---|---|---|---|
HIMS | CALL | SWEEP | BULLISH | 05/19/23 | $12.00 | $66.0K | 5.1K | 1.2K |
IMGN | CALL | SWEEP | BULLISH | 07/21/23 | $5.00 | $48.7K | 660 | 1.2K |
TDOC | PUT | SWEEP | BULLISH | 05/19/23 | $26.00 | $78.1K | 1.0K | 1.0K |
LLY | CALL | SWEEP | BULLISH | 05/05/23 | $405.00 | $39.6K | 349 | 915 |
ALDX | PUT | TRADE | BULLISH | 12/15/23 | $7.50 | $57.0K | 3 | 570 |
ABBV | PUT | SWEEP | BULLISH | 08/18/23 | $155.00 | $56.9K | 1.3K | 378 |
CERE | CALL | SWEEP | BULLISH | 05/19/23 | $25.00 | $46.9K | 1.8K | 350 |
DHR | PUT | TRADE | BEARISH | 01/17/25 | $190.00 | $34.0K | 2 | 320 |
BMY | CALL | TRADE | BULLISH | 01/17/25 | $85.00 | $46.6K | 778 | 200 |
UNH | CALL | TRADE | BULLISH | 06/16/23 | $500.00 | $30.0K | 2.3K | 114 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding HIMS HIMS, we observe a call option sweep with bullish sentiment. It expires in 18 day(s) on May 19, 2023. Parties traded 600 contract(s) at a $12.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $66.0K, with a price of $110.0 per contract. There were 5124 open contracts at this strike prior to today, and today 1296 contract(s) were bought and sold.
• For IMGN IMGN, we notice a call option sweep that happens to be bullish, expiring in 81 day(s) on July 21, 2023. This event was a transfer of 250 contract(s) at a $5.00 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 $48.7K, with a price of $195.0 per contract. There were 660 open contracts at this strike prior to today, and today 1265 contract(s) were bought and sold.
• Regarding TDOC TDOC, we observe a put option sweep with bullish sentiment. It expires in 18 day(s) on May 19, 2023. Parties traded 1000 contract(s) at a $26.00 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 $78.1K, with a price of $78.0 per contract. There were 1099 open contracts at this strike prior to today, and today 1003 contract(s) were bought and sold.
• Regarding LLY LLY, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on May 5, 2023. Parties traded 88 contract(s) at a $405.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $39.6K, with a price of $450.0 per contract. There were 349 open contracts at this strike prior to today, and today 915 contract(s) were bought and sold.
• Regarding ALDX ALDX, we observe a put option trade with bullish sentiment. It expires in 228 day(s) on December 15, 2023. Parties traded 570 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $57.0K, with a price of $100.0 per contract. There were 3 open contracts at this strike prior to today, and today 570 contract(s) were bought and sold.
• For ABBV ABBV, we notice a put option sweep that happens to be bullish, expiring in 109 day(s) on August 18, 2023. This event was a transfer of 85 contract(s) at a $155.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $56.9K, with a price of $670.0 per contract. There were 1399 open contracts at this strike prior to today, and today 378 contract(s) were bought and sold.
• Regarding CERE CERE, we observe a call option sweep with bullish sentiment. It expires in 18 day(s) on May 19, 2023. Parties traded 70 contract(s) at a $25.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $46.9K, with a price of $670.0 per contract. There were 1891 open contracts at this strike prior to today, and today 350 contract(s) were bought and sold.
• For DHR DHR, we notice a put option trade that happens to be bearish, expiring in 627 day(s) on January 17, 2025. This event was a transfer of 34 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $34.0K, with a price of $1000.0 per contract. There were 2 open contracts at this strike prior to today, and today 320 contract(s) were bought and sold.
• For BMY BMY, we notice a call option trade that happens to be bullish, expiring in 627 day(s) on January 17, 2025. This event was a transfer of 200 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $46.6K, with a price of $233.0 per contract. There were 778 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.
• Regarding UNH UNH, we observe a call option trade with bullish sentiment. It expires in 46 day(s) on June 16, 2023. Parties traded 20 contract(s) at a $500.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $1500.0 per contract. There were 2319 open contracts at this strike prior to today, and today 114 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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