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 |
---|---|---|---|---|---|---|---|---|
PFE | CALL | SWEEP | BEARISH | 07/19/24 | $28.00 | $74.9K | 29.5K | 5.7K |
ZTS | CALL | SWEEP | BEARISH | 07/19/24 | $170.00 | $39.0K | 849 | 809 |
MRNA | PUT | SWEEP | BEARISH | 07/12/24 | $115.00 | $33.6K | 47 | 547 |
LLY | CALL | SWEEP | BEARISH | 07/19/24 | $880.00 | $69.0K | 1.0K | 129 |
RMD | PUT | TRADE | BEARISH | 12/20/24 | $180.00 | $29.0K | 27 | 41 |
SYK | PUT | SWEEP | BULLISH | 01/16/26 | $300.00 | $68.3K | 33 | 32 |
RXRX | CALL | TRADE | BULLISH | 08/16/24 | $8.00 | $31.0K | 0 | 10 |
NVO | CALL | TRADE | BEARISH | 09/20/24 | $120.00 | $52.0K | 1.1K | 7 |
ALNY | PUT | TRADE | BEARISH | 09/20/24 | $240.00 | $514.0K | 18 | 2 |
STAA | CALL | SWEEP | BULLISH | 12/20/24 | $30.00 | $32.6K | 33 | 0 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For PFE PFE, we notice a call option sweep that happens to be bearish, expiring in 23 day(s) on July 19, 2024. This event was a transfer of 2203 contract(s) at a $28.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $74.9K, with a price of $34.0 per contract. There were 29538 open contracts at this strike prior to today, and today 5759 contract(s) were bought and sold.
• For ZTS ZTS, we notice a call option sweep that happens to be bearish, expiring in 23 day(s) on July 19, 2024. This event was a transfer of 100 contract(s) at a $170.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $39.0K, with a price of $390.0 per contract. There were 849 open contracts at this strike prior to today, and today 809 contract(s) were bought and sold.
• Regarding MRNA MRNA, we observe a put option sweep with bearish sentiment. It expires in 16 day(s) on July 12, 2024. Parties traded 200 contract(s) at a $115.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $33.6K, with a price of $168.0 per contract. There were 47 open contracts at this strike prior to today, and today 547 contract(s) were bought and sold.
• For LLY LLY, we notice a call option sweep that happens to be bearish, expiring in 23 day(s) on July 19, 2024. This event was a transfer of 20 contract(s) at a $880.00 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 $69.0K, with a price of $3453.0 per contract. There were 1029 open contracts at this strike prior to today, and today 129 contract(s) were bought and sold.
• Regarding RMD RMD, we observe a put option trade with bearish sentiment. It expires in 177 day(s) on December 20, 2024. Parties traded 24 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $29.0K, with a price of $1210.0 per contract. There were 27 open contracts at this strike prior to today, and today 41 contract(s) were bought and sold.
• For SYK SYK, we notice a put option sweep that happens to be bullish, expiring in 569 day(s) on January 16, 2026. This event was a transfer of 47 contract(s) at a $300.00 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 $68.3K, with a price of $1455.0 per contract. There were 33 open contracts at this strike prior to today, and today 32 contract(s) were bought and sold.
• Regarding RXRX RXRX, we observe a call option trade with bullish sentiment. It expires in 51 day(s) on August 16, 2024. Parties traded 200 contract(s) at a $8.00 strike. The total cost received by the writing party (or parties) was $31.0K, with a price of $155.0 per contract. There were 0 open contracts at this strike prior to today, and today 10 contract(s) were bought and sold.
• For NVO NVO, we notice a call option trade that happens to be bearish, expiring in 86 day(s) on September 20, 2024. This event was a transfer of 20 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $52.0K, with a price of $2600.0 per contract. There were 1105 open contracts at this strike prior to today, and today 7 contract(s) were bought and sold.
• Regarding ALNY ALNY, we observe a put option trade with bearish sentiment. It expires in 86 day(s) on September 20, 2024. Parties traded 400 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $514.0K, with a price of $1285.0 per contract. There were 18 open contracts at this strike prior to today, and today 2 contract(s) were bought and sold.
• Regarding STAA STAA, we observe a call option sweep with bullish sentiment. It expires in 177 day(s) on December 20, 2024. Parties traded 20 contract(s) at a $30.00 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 $32.6K, with a price of $1630.0 per contract. There were 33 open contracts at this strike prior to today, and today 0 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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