10 Health Care 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 Health Care sector:

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• For MDGL MDGL, we notice a call option trade that happens to be bullish, expiring in 67 day(s) on October 18, 2024. This event was a transfer of 624 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $218.4K, with a price of $350.0 per contract. There were 641 open contracts at this strike prior to today, and today 626 contract(s) were bought and sold.

• For NVO NVO, we notice a call option trade that happens to be bullish, expiring in 32 day(s) on September 13, 2024. This event was a transfer of 380 contract(s) at a $138.00 strike. The total cost received by the writing party (or parties) was $77.5K, with a price of $204.0 per contract. There were 0 open contracts at this strike prior to today, and today 381 contract(s) were bought and sold.

• Regarding MRNA MRNA, we observe a put option trade with bullish sentiment. It expires in 858 day(s) on December 18, 2026. Parties traded 350 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $729.7K, with a price of $2085.0 per contract. There were 48 open contracts at this strike prior to today, and today 358 contract(s) were bought and sold.

• Regarding LLY LLY, we observe a call option trade with neutral sentiment. It expires in 39 day(s) on September 20, 2024. Parties traded 20 contract(s) at a $900.00 strike. The total cost received by the writing party (or parties) was $72.7K, with a price of $3639.0 per contract. There were 980 open contracts at this strike prior to today, and today 296 contract(s) were bought and sold.

• For ELV ELV, we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on August 16, 2024. This event was a transfer of 100 contract(s) at a $520.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $26.9K, with a price of $272.0 per contract. There were 158 open contracts at this strike prior to today, and today 104 contract(s) were bought and sold.

• For IOVA IOVA, we notice a call option trade that happens to be bearish, expiring in 522 day(s) on January 16, 2026. This event was a transfer of 100 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $64.0K, with a price of $640.0 per contract. There were 3010 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold.

• Regarding VKTX VKTX, we observe a call option trade with neutral sentiment. It expires in 95 day(s) on November 15, 2024. Parties traded 50 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $41.7K, with a price of $835.0 per contract. There were 2099 open contracts at this strike prior to today, and today 61 contract(s) were bought and sold.

• For MCK MCK, we notice a call option trade that happens to be bearish, expiring in 193 day(s) on February 21, 2025. This event was a transfer of 14 contract(s) at a $590.00 strike. The total cost received by the writing party (or parties) was $37.3K, with a price of $2670.0 per contract. There were 1 open contracts at this strike prior to today, and today 28 contract(s) were bought and sold.

• For ARGX ARGX, we notice a put option trade that happens to be bullish, expiring in 130 day(s) on December 20, 2024. This event was a transfer of 10 contract(s) at a $530.00 strike. The total cost received by the writing party (or parties) was $36.5K, with a price of $3650.0 per contract. There were 2 open contracts at this strike prior to today, and today 25 contract(s) were bought and sold.

• Regarding ALNY ALNY, we observe a call option trade with bullish sentiment. It expires in 4 day(s) on August 16, 2024. Parties traded 20 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $70.0K, with a price of $3500.0 per contract. There were 609 open contracts at this strike prior to today, and today 21 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.