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 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 TLRY TLRY, we notice a call option sweep that happens to be bullish, expiring in 157 day(s) on December 15, 2023. This event was a transfer of 1988 contract(s) at a $2.00 strike. This particular call needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $73.5K, with a price of $37.0 per contract. There were 2986 open contracts at this strike prior to today, and today 2972 contract(s) were bought and sold.

• Regarding TEVA TEVA, we observe a put option trade with bullish sentiment. It expires in 556 day(s) on January 17, 2025. Parties traded 100 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $250.0 per contract. There were 8867 open contracts at this strike prior to today, and today 910 contract(s) were bought and sold.

• Regarding BBIO BBIO, we observe a put option sweep with neutral sentiment. It expires in 38 day(s) on August 18, 2023. Parties traded 173 contract(s) at a $15.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $57.6K, with a price of $332.0 per contract. There were 13210 open contracts at this strike prior to today, and today 775 contract(s) were bought and sold.

• Regarding JNJ JNJ, we observe a put option sweep with bearish sentiment. It expires in 38 day(s) on August 18, 2023. Parties traded 446 contract(s) at a $150.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $38.8K, with a price of $87.0 per contract. There were 2048 open contracts at this strike prior to today, and today 528 contract(s) were bought and sold.

• Regarding MRK MRK, we observe a put option trade with bearish sentiment. It expires in 556 day(s) on January 17, 2025. Parties traded 500 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $340.0K, with a price of $680.0 per contract. There were 1464 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.

• Regarding THC THC, we observe a put option sweep with bearish sentiment. It expires in 129 day(s) on November 17, 2023. Parties traded 122 contract(s) at a $80.00 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 $62.2K, with a price of $510.0 per contract. There were 124 open contracts at this strike prior to today, and today 223 contract(s) were bought and sold.

• For CVS CVS, we notice a call option sweep that happens to be bearish, expiring in 346 day(s) on June 21, 2024. This event was a transfer of 50 contract(s) at a $75.00 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 $27.5K, with a price of $550.0 per contract. There were 954 open contracts at this strike prior to today, and today 156 contract(s) were bought and sold.

• For NVO NVO, we notice a call option sweep that happens to be bullish, expiring in 101 day(s) on October 20, 2023. This event was a transfer of 58 contract(s) at a $160.00 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 $32.4K, with a price of $560.0 per contract. There were 696 open contracts at this strike prior to today, and today 129 contract(s) were bought and sold.

• Regarding IRTC IRTC, we observe a put option sweep with bearish sentiment. It expires in 10 day(s) on July 21, 2023. Parties traded 72 contract(s) at a $105.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $46.0K, with a price of $640.0 per contract. There were 490 open contracts at this strike prior to today, and today 105 contract(s) were bought and sold.

• For DHR DHR, we notice a call option trade that happens to be neutral, expiring in 556 day(s) on January 17, 2025. This event was a transfer of 5 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $50.0K, with a price of $10018.0 per contract. There were 13 open contracts at this strike prior to today, and today 5 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.