10 Industrials 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 Industrials sector:

Explanation

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

• For SPWR SPWR, we notice a put option trade that happens to be bearish, expiring in 135 day(s) on December 15, 2023. This event was a transfer of 218 contract(s) at a $9.00 strike. The total cost received by the writing party (or parties) was $30.9K, with a price of $142.0 per contract. There were 5902 open contracts at this strike prior to today, and today 6876 contract(s) were bought and sold.

• Regarding CAT CAT, we observe a put option sweep with bearish sentiment. It expires in 9 day(s) on August 11, 2023. Parties traded 100 contract(s) at a $285.00 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 $27.5K, with a price of $275.0 per contract. There were 1006 open contracts at this strike prior to today, and today 1539 contract(s) were bought and sold.

• For AAL AAL, we notice a call option trade that happens to be bearish, expiring in 170 day(s) on January 19, 2024. This event was a transfer of 1000 contract(s) at a $16.00 strike. The total cost received by the writing party (or parties) was $182.0K, with a price of $182.0 per contract. There were 2411 open contracts at this strike prior to today, and today 1134 contract(s) were bought and sold.

• For AMSC AMSC, we notice a call option trade that happens to be bearish, expiring in 16 day(s) on August 18, 2023. This event was a transfer of 100 contract(s) at a $8.00 strike. The total cost received by the writing party (or parties) was $42.8K, with a price of $428.0 per contract. There were 792 open contracts at this strike prior to today, and today 457 contract(s) were bought and sold.

• For SPR SPR, we notice a put option trade that happens to be bearish, expiring in 16 day(s) on August 18, 2023. This event was a transfer of 250 contract(s) at a $24.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $120.0 per contract. There were 233 open contracts at this strike prior to today, and today 449 contract(s) were bought and sold.

• Regarding UPS UPS, we observe a call option sweep with bearish sentiment. It expires in 79 day(s) on October 20, 2023. Parties traded 120 contract(s) at a $200.00 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 $25.8K, with a price of $216.0 per contract. There were 2669 open contracts at this strike prior to today, and today 292 contract(s) were bought and sold.

• Regarding BA BA, we observe a put option trade with bearish sentiment. It expires in 534 day(s) on January 17, 2025. Parties traded 5 contract(s) at a $320.00 strike. The total cost received by the writing party (or parties) was $43.8K, with a price of $8775.0 per contract. There were 197 open contracts at this strike prior to today, and today 98 contract(s) were bought and sold.

• For PAYC PAYC, we notice a call option trade that happens to be bullish, expiring in 198 day(s) on February 16, 2024. This event was a transfer of 50 contract(s) at a $330.00 strike. The total cost received by the writing party (or parties) was $122.5K, with a price of $2450.0 per contract. There were 8 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold.

• Regarding RTX RTX, we observe a put option sweep with bearish sentiment. It expires in 170 day(s) on January 19, 2024. Parties traded 35 contract(s) at a $95.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $35.5K, with a price of $1015.0 per contract. There were 3029 open contracts at this strike prior to today, and today 37 contract(s) were bought and sold.

• Regarding GNRC GNRC, we observe a put option sweep with bullish sentiment. It expires in 170 day(s) on January 19, 2024. Parties traded 27 contract(s) at a $115.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $35.0K, with a price of $1295.0 per contract. There were 436 open contracts at this strike prior to today, and today 34 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.