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.

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 ARDX ARDX, we notice a put option sweep that happens to be bearish, expiring in 11 day(s) on October 20, 2023. This event was a transfer of 1500 contract(s) at a $3.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $30.0K, with a price of $20.0 per contract. There were 1248 open contracts at this strike prior to today, and today 2688 contract(s) were bought and sold.

• Regarding UNH UNH, we observe a put option trade with bullish sentiment. It expires in 4 day(s) on October 13, 2023. Parties traded 67 contract(s) at a $525.00 strike. The total cost received by the writing party (or parties) was $55.2K, with a price of $825.0 per contract. There were 146 open contracts at this strike prior to today, and today 263 contract(s) were bought and sold.

• For GEHC GEHC, we notice a call option sweep that happens to be bullish, expiring in 39 day(s) on November 17, 2023. This event was a transfer of 175 contract(s) at a $70.00 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 $34.1K, with a price of $195.0 per contract. There were 974 open contracts at this strike prior to today, and today 236 contract(s) were bought and sold.

• Regarding ZTS ZTS, we observe a call option trade with bullish sentiment. It expires in 39 day(s) on November 17, 2023. Parties traded 185 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $43.6K, with a price of $236.0 per contract. There were 193 open contracts at this strike prior to today, and today 185 contract(s) were bought and sold.

• For DHR DHR, we notice a put option sweep that happens to be bearish, expiring in 830 day(s) on January 16, 2026. This event was a transfer of 34 contract(s) at a $150.00 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 $27.0K, with a price of $780.0 per contract. There were 1 open contracts at this strike prior to today, and today 167 contract(s) were bought and sold.

• Regarding CRNX CRNX, we observe a call option sweep with bearish sentiment. It expires in 67 day(s) on December 15, 2023. Parties traded 464 contract(s) at a $30.00 strike. This particular call needed to be split into 39 different trades to become filled. The total cost received by the writing party (or parties) was $81.2K, with a price of $175.0 per contract. There were 1115 open contracts at this strike prior to today, and today 94 contract(s) were bought and sold.

• For AMGN AMGN, we notice a call option sweep that happens to be bearish, expiring in 193 day(s) on April 19, 2024. This event was a transfer of 57 contract(s) at a $310.00 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 $29.0K, with a price of $510.0 per contract. There were 62 open contracts at this strike prior to today, and today 58 contract(s) were bought and sold.

• For SGEN SGEN, we notice a call option trade that happens to be bullish, expiring in 67 day(s) on December 15, 2023. This event was a transfer of 50 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $54.0K, with a price of $1080.0 per contract. There were 1552 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold.

• Regarding HIMS HIMS, we observe a call option sweep with bullish sentiment. It expires in 466 day(s) on January 17, 2025. Parties traded 500 contract(s) at a $10.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $43.8K, with a price of $89.0 per contract. There were 11065 open contracts at this strike prior to today, and today 38 contract(s) were bought and sold.

• Regarding MRTX MRTX, we observe a call option trade with neutral sentiment. It expires in 39 day(s) on November 17, 2023. Parties traded 20 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $25.8K, with a price of $1292.0 per contract. There were 963 open contracts at this strike prior to today, and today 36 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.