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.
Here's the list of options activity happening in today's session:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
CYTK | CALL | TRADE | BULLISH | 10/20/23 | $33.00 | $53.0K | 411 | 260 |
THC | PUT | TRADE | BEARISH | 01/17/25 | $57.50 | $215.0K | 0 | 250 |
HAE | CALL | TRADE | NEUTRAL | 11/17/23 | $100.00 | $66.6K | 2 | 201 |
ATRA | PUT | TRADE | BULLISH | 11/17/23 | $2.50 | $25.8K | 715 | 200 |
LLY | PUT | SWEEP | BEARISH | 10/20/23 | $570.00 | $28.6K | 1.4K | 190 |
SRPT | CALL | SWEEP | BEARISH | 01/19/24 | $120.00 | $31.2K | 2.1K | 114 |
PFE | PUT | TRADE | BULLISH | 09/20/24 | $40.00 | $25.0K | 12 | 54 |
VEEV | PUT | TRADE | NEUTRAL | 03/15/24 | $210.00 | $36.4K | 25 | 53 |
ILMN | PUT | TRADE | BEARISH | 03/15/24 | $155.00 | $72.6K | 57 | 30 |
UNH | CALL | TRADE | BEARISH | 01/17/25 | $560.00 | $30.9K | 225 | 6 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For CYTK CYTK, we notice a call option trade that happens to be bullish, expiring in 10 day(s) on October 20, 2023. This event was a transfer of 200 contract(s) at a $33.00 strike. The total cost received by the writing party (or parties) was $53.0K, with a price of $265.0 per contract. There were 411 open contracts at this strike prior to today, and today 260 contract(s) were bought and sold.
• Regarding THC THC, we observe a put option trade with bearish sentiment. It expires in 465 day(s) on January 17, 2025. Parties traded 250 contract(s) at a $57.50 strike. The total cost received by the writing party (or parties) was $215.0K, with a price of $860.0 per contract. There were 0 open contracts at this strike prior to today, and today 250 contract(s) were bought and sold.
• Regarding HAE HAE, we observe a call option trade with neutral sentiment. It expires in 38 day(s) on November 17, 2023. Parties traded 200 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $66.6K, with a price of $333.0 per contract. There were 2 open contracts at this strike prior to today, and today 201 contract(s) were bought and sold.
• For ATRA ATRA, we notice a put option trade that happens to be bullish, expiring in 38 day(s) on November 17, 2023. This event was a transfer of 199 contract(s) at a $2.50 strike. The total cost received by the writing party (or parties) was $25.8K, with a price of $130.0 per contract. There were 715 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.
• For LLY LLY, we notice a put option sweep that happens to be bearish, expiring in 10 day(s) on October 20, 2023. This event was a transfer of 49 contract(s) at a $570.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $28.6K, with a price of $585.0 per contract. There were 1434 open contracts at this strike prior to today, and today 190 contract(s) were bought and sold.
• Regarding SRPT SRPT, we observe a call option sweep with bearish sentiment. It expires in 101 day(s) on January 19, 2024. Parties traded 9 contract(s) at a $120.00 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 $31.2K, with a price of $3480.0 per contract. There were 2177 open contracts at this strike prior to today, and today 114 contract(s) were bought and sold.
• For PFE PFE, we notice a put option trade that happens to be bullish, expiring in 346 day(s) on September 20, 2024. This event was a transfer of 33 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $760.0 per contract. There were 12 open contracts at this strike prior to today, and today 54 contract(s) were bought and sold.
• Regarding VEEV VEEV, we observe a put option trade with neutral sentiment. It expires in 157 day(s) on March 15, 2024. Parties traded 24 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $36.4K, with a price of $1520.0 per contract. There were 25 open contracts at this strike prior to today, and today 53 contract(s) were bought and sold.
• Regarding ILMN ILMN, we observe a put option trade with bearish sentiment. It expires in 157 day(s) on March 15, 2024. Parties traded 30 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $72.6K, with a price of $2420.0 per contract. There were 57 open contracts at this strike prior to today, and today 30 contract(s) were bought and sold.
• Regarding UNH UNH, we observe a call option trade with bearish sentiment. It expires in 465 day(s) on January 17, 2025. Parties traded 6 contract(s) at a $560.00 strike. The total cost received by the writing party (or parties) was $30.9K, with a price of $5165.0 per contract. There were 225 open contracts at this strike prior to today, and today 6 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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