10 Health Care 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.

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

Explanation

These itemized elaborations have been created using the accompanying table.

• For NVTA NVTA, we notice a call option sweep that happens to be bullish, expiring in 35 day(s) on July 21, 2023. This event was a transfer of 2370 contract(s) at a $1.50 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $35.5K, with a price of $15.0 per contract. There were 3319 open contracts at this strike prior to today, and today 4368 contract(s) were bought and sold.

• For UNH UNH, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 200 contract(s) at a $460.00 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 $29.4K, with a price of $147.0 per contract. There were 903 open contracts at this strike prior to today, and today 1551 contract(s) were bought and sold.

• For JNJ JNJ, we notice a call option trade that happens to be bullish, is expiring today. Parties traded 63 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $30.8K, with a price of $489.0 per contract. There were 10850 open contracts at this strike prior to today, and today 568 contract(s) were bought and sold.

• For SGRY SGRY, we notice a call option sweep that happens to be bearish, expiring in 35 day(s) on July 21, 2023. This event was a transfer of 48 contract(s) at a $35.00 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 $33.6K, with a price of $700.0 per contract. There were 600 open contracts at this strike prior to today, and today 250 contract(s) were bought and sold.

• Regarding BMY BMY, we observe a put option sweep with bearish sentiment. It expires in 217 day(s) on January 19, 2024. Parties traded 195 contract(s) at a $62.50 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $50.7K, with a price of $260.0 per contract. There were 5226 open contracts at this strike prior to today, and today 218 contract(s) were bought and sold.

• Regarding HUM HUM, we observe a call option trade with bullish sentiment. It expires in 28 day(s) on July 14, 2023. Parties traded 20 contract(s) at a $445.00 strike. The total cost received by the writing party (or parties) was $25.8K, with a price of $1290.0 per contract. There were 6 open contracts at this strike prior to today, and today 130 contract(s) were bought and sold.

• For GEHC GEHC, we notice a call option trade that happens to be neutral, expiring in 35 day(s) on July 21, 2023. This event was a transfer of 50 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $26.3K, with a price of $526.0 per contract. There were 959 open contracts at this strike prior to today, and today 65 contract(s) were bought and sold.

• Regarding HCA HCA, we observe a call option trade with bullish sentiment. It expires in 35 day(s) on July 21, 2023. Parties traded 49 contract(s) at a $285.00 strike. The total cost received by the writing party (or parties) was $56.3K, with a price of $1150.0 per contract. There were 202 open contracts at this strike prior to today, and today 60 contract(s) were bought and sold.

• Regarding NVO NVO, we observe a call option trade with bullish sentiment. It expires in 126 day(s) on October 20, 2023. Parties traded 50 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $200.0K, with a price of $4000.0 per contract. There were 151 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold.

• Regarding TMO TMO, we observe a call option trade with bullish sentiment. It expires in 35 day(s) on July 21, 2023. Parties traded 24 contract(s) at a $530.00 strike. The total cost received by the writing party (or parties) was $48.7K, with a price of $2030.0 per contract. There were 353 open contracts at this strike prior to today, and today 42 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.