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 LUV LUV, we notice a put option trade that happens to be bullish, expiring in 228 day(s) on June 21, 2024. This event was a transfer of 1000 contract(s) at a $17.50 strike. The total cost received by the writing party (or parties) was $68.0K, with a price of $68.0 per contract. There were 7498 open contracts at this strike prior to today, and today 4000 contract(s) were bought and sold.

• For LMT LMT, we notice a call option sweep that happens to be bullish, expiring in 39 day(s) on December 15, 2023. This event was a transfer of 2502 contract(s) at a $460.00 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 $1.2 million, with a price of $510.0 per contract. There were 544 open contracts at this strike prior to today, and today 2522 contract(s) were bought and sold.

• For UPS UPS, we notice a call option trade that happens to be bearish, expiring in 802 day(s) on January 16, 2026. This event was a transfer of 53 contract(s) at a $175.00 strike. The total cost received by the writing party (or parties) was $47.4K, with a price of $896.0 per contract. There were 22 open contracts at this strike prior to today, and today 1321 contract(s) were bought and sold.

• Regarding AAL AAL, we observe a put option trade with bullish sentiment. It expires in 102 day(s) on February 16, 2024. Parties traded 1000 contract(s) at a $12.00 strike. The total cost received by the writing party (or parties) was $109.0K, with a price of $109.0 per contract. There were 34594 open contracts at this strike prior to today, and today 1044 contract(s) were bought and sold.

• Regarding BA BA, we observe a call option trade with bullish sentiment. It expires in 11 day(s) on November 17, 2023. Parties traded 99 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $38.6K, with a price of $390.0 per contract. There were 3857 open contracts at this strike prior to today, and today 995 contract(s) were bought and sold.

• Regarding NOC NOC, we observe a put option sweep with bearish sentiment. It expires in 4 day(s) on November 10, 2023. Parties traded 100 contract(s) at a $470.00 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 $26.6K, with a price of $268.0 per contract. There were 144 open contracts at this strike prior to today, and today 525 contract(s) were bought and sold.

• Regarding RTX RTX, we observe a call option sweep with bearish sentiment. It expires in 11 day(s) on November 17, 2023. Parties traded 200 contract(s) at a $80.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $58.0K, with a price of $290.0 per contract. There were 10302 open contracts at this strike prior to today, and today 324 contract(s) were bought and sold.

• For AZUL AZUL, we notice a put option trade that happens to be bullish, expiring in 74 day(s) on January 19, 2024. This event was a transfer of 224 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $43.6K, with a price of $195.0 per contract. There were 623 open contracts at this strike prior to today, and today 324 contract(s) were bought and sold.

• Regarding ADP ADP, we observe a put option trade with neutral sentiment. It expires in 74 day(s) on January 19, 2024. Parties traded 199 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $36.8K, with a price of $185.0 per contract. There were 1553 open contracts at this strike prior to today, and today 199 contract(s) were bought and sold.

• Regarding CAT CAT, we observe a put option sweep with bullish sentiment. It expires in 74 day(s) on January 19, 2024. Parties traded 47 contract(s) at a $240.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $48.1K, with a price of $1025.0 per contract. There were 1653 open contracts at this strike prior to today, and today 176 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.