10 Financials Stocks With Whale Alerts 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.

Below are some instances of options activity happening in the Financials sector:

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• Regarding BAC BAC, we observe a put option trade with bullish sentiment. It expires in 585 day(s) on January 17, 2025. Parties traded 5000 contract(s) at a $28.00 strike. The total cost received by the writing party (or parties) was $1.4 million, with a price of $298.0 per contract. There were 42462 open contracts at this strike prior to today, and today 5002 contract(s) were bought and sold.

• For C C, we notice a put option trade that happens to be bullish, expiring in 221 day(s) on January 19, 2024. This event was a transfer of 67 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $29.4K, with a price of $440.0 per contract. There were 75987 open contracts at this strike prior to today, and today 4053 contract(s) were bought and sold.

• For LNC LNC, we notice a put option sweep that happens to be bearish, expiring in 130 day(s) on October 20, 2023. This event was a transfer of 1999 contract(s) at a $20.00 strike. This particular put needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $340.0K, with a price of $170.0 per contract. There were 1071 open contracts at this strike prior to today, and today 2000 contract(s) were bought and sold.

• Regarding NU NU, we observe a call option sweep with bearish sentiment. It expires in 39 day(s) on July 21, 2023. Parties traded 1000 contract(s) at a $8.00 strike. This particular call needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $26.8K, with a price of $26.0 per contract. There were 8066 open contracts at this strike prior to today, and today 1437 contract(s) were bought and sold.

• Regarding MET MET, we observe a call option trade with bullish sentiment. It expires in 221 day(s) on January 19, 2024. Parties traded 750 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $339.7K, with a price of $453.0 per contract. There were 924 open contracts at this strike prior to today, and today 761 contract(s) were bought and sold.

• Regarding COIN COIN, we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on June 16, 2023. Parties traded 45 contract(s) at a $57.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $31.0K, with a price of $688.0 per contract. There were 1234 open contracts at this strike prior to today, and today 183 contract(s) were bought and sold.

• Regarding BOH BOH, we observe a put option sweep with bearish sentiment. It expires in 221 day(s) on January 19, 2024. Parties traded 87 contract(s) at a $45.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $73.0K, with a price of $840.0 per contract. There were 250 open contracts at this strike prior to today, and today 87 contract(s) were bought and sold.

• For SCHW SCHW, we notice a put option trade that happens to be bullish, expiring in 585 day(s) on January 17, 2025. This event was a transfer of 17 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $37.5K, with a price of $2210.0 per contract. There were 2513 open contracts at this strike prior to today, and today 71 contract(s) were bought and sold.

• Regarding GS GS, we observe a call option sweep with bullish sentiment. It expires in 95 day(s) on September 15, 2023. Parties traded 30 contract(s) at a $350.00 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 $33.6K, with a price of $1120.0 per contract. There were 1345 open contracts at this strike prior to today, and today 40 contract(s) were bought and sold.

• Regarding BLK BLK, we observe a put option trade with bearish sentiment. It expires in 130 day(s) on October 20, 2023. Parties traded 3 contract(s) at a $900.00 strike. The total cost received by the writing party (or parties) was $65.1K, with a price of $21730.0 per contract. There were 0 open contracts at this strike prior to today, and today 3 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.