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 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.

• For COIN COIN, we notice a call option sweep that happens to be neutral, expiring in 1 day(s) on July 14, 2023. This event was a transfer of 144 contract(s) at a $95.00 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 $40.3K, with a price of $280.0 per contract. There were 5969 open contracts at this strike prior to today, and today 25300 contract(s) were bought and sold.

• Regarding C C, we observe a put option trade with bearish sentiment. It expires in 190 day(s) on January 19, 2024. Parties traded 201 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $44.8K, with a price of $223.0 per contract. There were 56283 open contracts at this strike prior to today, and today 2596 contract(s) were bought and sold.

• For JPM JPM, we notice a call option sweep that happens to be bullish, expiring in 64 day(s) on September 15, 2023. This event was a transfer of 236 contract(s) at a $155.00 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 $62.0K, with a price of $263.0 per contract. There were 28375 open contracts at this strike prior to today, and today 2178 contract(s) were bought and sold.

• Regarding PACW PACW, we observe a call option trade with bullish sentiment. It expires in 8 day(s) on July 21, 2023. Parties traded 200 contract(s) at a $7.00 strike. The total cost received by the writing party (or parties) was $29.0K, with a price of $145.0 per contract. There were 4610 open contracts at this strike prior to today, and today 205 contract(s) were bought and sold.

• Regarding GS GS, we observe a put option sweep with bullish sentiment. It expires in 36 day(s) on August 18, 2023. Parties traded 34 contract(s) at a $325.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $27.6K, with a price of $814.0 per contract. There were 171 open contracts at this strike prior to today, and today 171 contract(s) were bought and sold.

• Regarding AXP AXP, we observe a call option trade with bearish sentiment. It expires in 8 day(s) on July 21, 2023. Parties traded 40 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $25.4K, with a price of $635.0 per contract. There were 1903 open contracts at this strike prior to today, and today 107 contract(s) were bought and sold.

• For USB USB, we notice a call option trade that happens to be bullish, expiring in 554 day(s) on January 17, 2025. This event was a transfer of 80 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $48.0K, with a price of $600.0 per contract. There were 1422 open contracts at this strike prior to today, and today 102 contract(s) were bought and sold.

• Regarding CINF CINF, we observe a call option trade with bearish sentiment. It expires in 36 day(s) on August 18, 2023. Parties traded 98 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $32.5K, with a price of $332.0 per contract. There were 16 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold.

• Regarding BLK BLK, we observe a call option trade with bearish sentiment. It expires in 190 day(s) on January 19, 2024. Parties traded 9 contract(s) at a $750.00 strike. The total cost received by the writing party (or parties) was $38.7K, with a price of $4310.0 per contract. There were 103 open contracts at this strike prior to today, and today 75 contract(s) were bought and sold.

• Regarding BX BX, we observe a call option trade with bullish sentiment. It expires in 554 day(s) on January 17, 2025. Parties traded 24 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $51.8K, with a price of $2160.0 per contract. There were 495 open contracts at this strike prior to today, and today 59 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.