10 Financials 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.

• For TOST TOST, we notice a put option sweep that happens to be bearish, expiring in 49 day(s) on January 19, 2024. This event was a transfer of 200 contract(s) at a $16.00 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 $29.0K, with a price of $145.0 per contract. There were 5466 open contracts at this strike prior to today, and today 1614 contract(s) were bought and sold.

• For COIN COIN, we notice a call option trade that happens to be bullish, expiring in 14 day(s) on December 15, 2023. This event was a transfer of 30 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $27.0K, with a price of $900.0 per contract. There were 3497 open contracts at this strike prior to today, and today 1466 contract(s) were bought and sold.

• Regarding SQ SQ, we observe a call option sweep with bullish sentiment. It expires in 49 day(s) on January 19, 2024. Parties traded 200 contract(s) at a $70.00 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 $37.2K, with a price of $186.0 per contract. There were 10732 open contracts at this strike prior to today, and today 886 contract(s) were bought and sold.

• For BAC BAC, we notice a call option trade that happens to be bearish, expiring in 14 day(s) on December 15, 2023. This event was a transfer of 223 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $26.9K, with a price of $121.0 per contract. There were 51216 open contracts at this strike prior to today, and today 823 contract(s) were bought and sold.

• Regarding AFRM AFRM, we observe a put option sweep with bullish sentiment. It expires in 49 day(s) on January 19, 2024. Parties traded 200 contract(s) at a $32.50 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 $42.0K, with a price of $210.0 per contract. There were 833 open contracts at this strike prior to today, and today 617 contract(s) were bought and sold.

• For JPM JPM, we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 132 contract(s) at a $155.00 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 $35.7K, with a price of $271.0 per contract. There were 2871 open contracts at this strike prior to today, and today 519 contract(s) were bought and sold.

• For ARES ARES, we notice a call option sweep that happens to be bullish, expiring in 14 day(s) on December 15, 2023. This event was a transfer of 100 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 $36.0K, with a price of $360.0 per contract. There were 2395 open contracts at this strike prior to today, and today 421 contract(s) were bought and sold.

• For SOFI SOFI, we notice a call option trade that happens to be bearish, expiring in 777 day(s) on January 16, 2026. This event was a transfer of 179 contract(s) at a $7.00 strike. The total cost received by the writing party (or parties) was $61.7K, with a price of $345.0 per contract. There were 7523 open contracts at this strike prior to today, and today 386 contract(s) were bought and sold.

• For PYPL PYPL, we notice a put option sweep that happens to be bullish, expiring in 413 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $65.00 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 $111.3K, with a price of $1115.0 per contract. There were 8264 open contracts at this strike prior to today, and today 232 contract(s) were bought and sold.

• For TFC TFC, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 883 contract(s) at a $32.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $114.7K, with a price of $130.0 per contract. There were 3158 open contracts at this strike prior to today, and today 229 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.