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 |
---|---|---|---|---|---|---|---|---|
PHR | PUT | TRADE | NEUTRAL | 06/21/24 | $20.00 | $570.0K | 3.2K | 3.1K |
LLY | CALL | SWEEP | BEARISH | 06/07/24 | $850.00 | $87.7K | 386 | 1.2K |
CORT | PUT | SWEEP | BEARISH | 06/21/24 | $30.00 | $101.6K | 1.4K | 660 |
GPCR | PUT | TRADE | NEUTRAL | 12/19/25 | $50.00 | $86.6K | 0 | 571 |
HIMS | CALL | SWEEP | BULLISH | 01/17/25 | $20.00 | $42.9K | 12.6K | 436 |
NVAX | CALL | TRADE | BULLISH | 01/17/25 | $20.00 | $116.6K | 4.2K | 418 |
COR | PUT | SWEEP | BEARISH | 06/21/24 | $230.00 | $61.2K | 134 | 301 |
BIIB | CALL | SWEEP | BULLISH | 06/14/24 | $230.00 | $26.4K | 61 | 157 |
VKTX | CALL | TRADE | BULLISH | 06/21/24 | $60.00 | $26.0K | 666 | 121 |
HCA | PUT | SWEEP | BULLISH | 06/20/25 | $330.00 | $27.4K | 12 | 78 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For PHR PHR, we notice a put option trade that happens to be neutral, expiring in 18 day(s) on June 21, 2024. This event was a transfer of 3000 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $570.0K, with a price of $190.0 per contract. There were 3204 open contracts at this strike prior to today, and today 3134 contract(s) were bought and sold.
• For LLY LLY, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on June 7, 2024. This event was a transfer of 283 contract(s) at a $850.00 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 $87.7K, with a price of $310.0 per contract. There were 386 open contracts at this strike prior to today, and today 1278 contract(s) were bought and sold.
• Regarding CORT CORT, we observe a put option sweep with bearish sentiment. It expires in 18 day(s) on June 21, 2024. Parties traded 654 contract(s) at a $30.00 strike. This particular put needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $101.6K, with a price of $160.0 per contract. There were 1416 open contracts at this strike prior to today, and today 660 contract(s) were bought and sold.
• Regarding GPCR GPCR, we observe a put option trade with neutral sentiment. It expires in 564 day(s) on December 19, 2025. Parties traded 85 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $86.6K, with a price of $1020.0 per contract. There were 0 open contracts at this strike prior to today, and today 571 contract(s) were bought and sold.
• For HIMS HIMS, we notice a call option sweep that happens to be bullish, expiring in 228 day(s) on January 17, 2025. This event was a transfer of 90 contract(s) at a $20.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $42.9K, with a price of $478.0 per contract. There were 12652 open contracts at this strike prior to today, and today 436 contract(s) were bought and sold.
• Regarding NVAX NVAX, we observe a call option trade with bullish sentiment. It expires in 228 day(s) on January 17, 2025. Parties traded 299 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $116.6K, with a price of $390.0 per contract. There were 4211 open contracts at this strike prior to today, and today 418 contract(s) were bought and sold.
• Regarding COR COR, we observe a put option sweep with bearish sentiment. It expires in 18 day(s) on June 21, 2024. Parties traded 153 contract(s) at a $230.00 strike. This particular put needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $61.2K, with a price of $400.0 per contract. There were 134 open contracts at this strike prior to today, and today 301 contract(s) were bought and sold.
• Regarding BIIB BIIB, we observe a call option sweep with bullish sentiment. It expires in 11 day(s) on June 14, 2024. Parties traded 44 contract(s) at a $230.00 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 $26.4K, with a price of $600.0 per contract. There were 61 open contracts at this strike prior to today, and today 157 contract(s) were bought and sold.
• For VKTX VKTX, we notice a call option trade that happens to be bullish, expiring in 18 day(s) on June 21, 2024. This event was a transfer of 50 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $520.0 per contract. There were 666 open contracts at this strike prior to today, and today 121 contract(s) were bought and sold.
• For HCA HCA, we notice a put option sweep that happens to be bullish, expiring in 382 day(s) on June 20, 2025. This event was a transfer of 9 contract(s) at a $330.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $27.4K, with a price of $3050.0 per contract. There were 12 open contracts at this strike prior to today, and today 78 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.
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