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.

Here's the list of options activity happening in today's session:

Explanation

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

• Regarding MRK MRK, we observe a call option sweep with bullish sentiment. It expires in 29 day(s) on October 20, 2023. Parties traded 225 contract(s) at a $110.00 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 $28.1K, with a price of $125.0 per contract. There were 27718 open contracts at this strike prior to today, and today 4703 contract(s) were bought and sold.

• For JNJ JNJ, we notice a call option trade that happens to be bullish, expiring in 29 day(s) on October 20, 2023. This event was a transfer of 600 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $118.8K, with a price of $198.0 per contract. There were 8654 open contracts at this strike prior to today, and today 880 contract(s) were bought and sold.

• For ISRG ISRG, we notice a put option sweep that happens to be bullish, expiring in 211 day(s) on April 19, 2024. This event was a transfer of 111 contract(s) at a $205.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $51.0K, with a price of $460.0 per contract. There were 2 open contracts at this strike prior to today, and today 716 contract(s) were bought and sold.

• For OLMA OLMA, we notice a call option sweep that happens to be bearish, expiring in 120 day(s) on January 19, 2024. This event was a transfer of 700 contract(s) at a $12.50 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 $157.5K, with a price of $225.0 per contract. There were 164 open contracts at this strike prior to today, and today 700 contract(s) were bought and sold.

• For RVMD RVMD, we notice a call option trade that happens to be bullish, expiring in 57 day(s) on November 17, 2023. This event was a transfer of 675 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $580.5K, with a price of $860.0 per contract. There were 17 open contracts at this strike prior to today, and today 675 contract(s) were bought and sold.

• Regarding DXCM DXCM, we observe a call option sweep with bullish sentiment. It expires in 29 day(s) on October 20, 2023. Parties traded 436 contract(s) at a $90.00 strike. This particular call needed to be split into 44 different trades to become filled. The total cost received by the writing party (or parties) was $174.4K, with a price of $400.0 per contract. There were 100 open contracts at this strike prior to today, and today 536 contract(s) were bought and sold.

• Regarding ABBV ABBV, we observe a call option trade with bearish sentiment. It expires in 120 day(s) on January 19, 2024. Parties traded 500 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $63.0K, with a price of $126.0 per contract. There were 10951 open contracts at this strike prior to today, and today 511 contract(s) were bought and sold.

• Regarding DHR DHR, we observe a call option sweep with bearish sentiment. It expires in 22 day(s) on October 13, 2023. Parties traded 250 contract(s) at a $260.00 strike. This particular call needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $53.7K, with a price of $215.0 per contract. There were 467 open contracts at this strike prior to today, and today 257 contract(s) were bought and sold.

• Regarding LLY LLY, we observe a put option sweep with bearish sentiment. It expires in 484 day(s) on January 17, 2025. Parties traded 35 contract(s) at a $410.00 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 $56.8K, with a price of $1625.0 per contract. There were 767 open contracts at this strike prior to today, and today 224 contract(s) were bought and sold.

• Regarding TDOC TDOC, we observe a call option trade with bullish sentiment. It expires in 848 day(s) on January 16, 2026. Parties traded 100 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $43.4K, with a price of $435.0 per contract. There were 164 open contracts at this strike prior to today, and today 184 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.