10 Health Care 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 Health Care sector:

Explanation

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

• For HZNP HZNP, we notice a call option sweep that happens to be bearish, expiring in 10 day(s) on September 15, 2023. This event was a transfer of 301 contract(s) at a $115.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $27.1K, with a price of $90.0 per contract. There were 36676 open contracts at this strike prior to today, and today 13322 contract(s) were bought and sold.

• For PFE PFE, we notice a put option sweep that happens to be bullish, expiring in 73 day(s) on November 17, 2023. This event was a transfer of 2716 contract(s) at a $32.50 strike. This particular put needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $122.4K, with a price of $45.0 per contract. There were 3276 open contracts at this strike prior to today, and today 2863 contract(s) were bought and sold.

• For TLRY TLRY, we notice a call option sweep that happens to be bullish, expiring in 10 day(s) on September 15, 2023. This event was a transfer of 1759 contract(s) at a $2.00 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $189.9K, with a price of $108.0 per contract. There were 17518 open contracts at this strike prior to today, and today 2045 contract(s) were bought and sold.

• Regarding SYK SYK, we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on September 15, 2023. Parties traded 119 contract(s) at a $290.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $220.0 per contract. There were 1439 open contracts at this strike prior to today, and today 429 contract(s) were bought and sold.

• Regarding VEEV VEEV, we observe a put option trade with bullish sentiment. It expires in 192 day(s) on March 15, 2024. Parties traded 28 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $27.4K, with a price of $980.0 per contract. There were 45 open contracts at this strike prior to today, and today 241 contract(s) were bought and sold.

• Regarding ALGN ALGN, we observe a call option trade with neutral sentiment. It expires in 3 day(s) on September 8, 2023. Parties traded 60 contract(s) at a $370.00 strike. The total cost received by the writing party (or parties) was $32.4K, with a price of $540.0 per contract. There were 67 open contracts at this strike prior to today, and today 221 contract(s) were bought and sold.

• For MRNA MRNA, we notice a call option sweep that happens to be bearish, expiring in 45 day(s) on October 20, 2023. This event was a transfer of 91 contract(s) at a $120.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $32.3K, with a price of $359.0 per contract. There were 1664 open contracts at this strike prior to today, and today 202 contract(s) were bought and sold.

• Regarding BMY BMY, we observe a call option trade with bearish sentiment. It expires in 10 day(s) on September 15, 2023. Parties traded 80 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $51.5K, with a price of $644.0 per contract. There were 201 open contracts at this strike prior to today, and today 130 contract(s) were bought and sold.

• Regarding CYTK CYTK, we observe a put option sweep with bearish sentiment. It expires in 164 day(s) on February 16, 2024. Parties traded 91 contract(s) at a $25.00 strike. This particular put needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $49.5K, with a price of $550.0 per contract. There were 0 open contracts at this strike prior to today, and today 91 contract(s) were bought and sold.

• Regarding CARA CARA, we observe a put option sweep with bullish sentiment. It expires in 136 day(s) on January 19, 2024. Parties traded 50 contract(s) at a $7.50 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 $26.5K, with a price of $530.0 per contract. There were 52 open contracts at this strike prior to today, and today 50 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.