10 Financials Stocks Whale Activity In Today's Session


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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:

SymbolPUT/CALLTrade TypeSentimentExp. DateStrike PriceTotal Trade PriceOpen InterestVolume
SIPUTTRADENEUTRAL12/16/22$25.00$37.0K3.3K2.5K
COINPUTTRADEBEARISH11/25/22$48.00$27.7K3392.3K
BXPUTTRADEBEARISH01/20/23$105.00$30.8K1.9K1.2K
KEYPUTSWEEPBEARISH01/19/24$17.00$126.0K2.4K700
AIGCALLSWEEPBULLISH01/20/23$62.50$25.8K3.2K415
LNCCALLSWEEPBULLISH01/19/24$40.00$54.0K552306
BACPUTSWEEPBULLISH03/17/23$37.00$72.4K10.9K291
MTBCALLSWEEPBULLISH01/20/23$175.00$167.7K270276
GSCALLTRADEBULLISH01/20/23$370.00$485.7K5.2K266
VOYAPUTSWEEPBEARISH02/17/23$65.00$46.2K60259

Explanation

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

• Regarding SI (NYSE:SI), we observe a put option trade with neutral sentiment. It expires in 30 day(s) on December 16, 2022. Parties traded 100 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $37.0K, with a price of $370.0 per contract. There were 3307 open contracts at this strike prior to today, and today 2545 contract(s) were bought and sold.

• For COIN (NASDAQ:COIN), we notice a put option trade that happens to be bearish, expiring in 9 day(s) on November 25, 2022. This event was a transfer of 77 contract(s) at a $48.00 strike. The total cost received by the writing party (or parties) was $27.7K, with a price of $360.0 per contract. There were 339 open contracts at this strike prior to today, and today 2376 contract(s) were bought and sold.

• For BX (NYSE:BX), we notice a put option trade that happens to be bearish, expiring in 65 day(s) on January 20, 2023. This event was a transfer of 23 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $30.8K, with a price of $1340.0 per contract. There were 1962 open contracts at this strike prior to today, and today 1257 contract(s) were bought and sold.

• For KEY (NYSE:KEY), we notice a put option sweep that happens to be bearish, expiring in 429 day(s) on January 19, 2024. This event was a transfer of 700 contract(s) at a $17.00 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 $126.0K, with a price of $180.0 per contract. There were 2432 open contracts at this strike prior to today, and today 700 contract(s) were bought and sold.

• For AIG (NYSE:AIG), we notice a call option sweep that happens to be bullish, expiring in 65 day(s) on January 20, 2023. This event was a transfer of 129 contract(s) at a $62.50 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 $25.8K, with a price of $200.0 per contract. There were 3235 open contracts at this strike prior to today, and today 415 contract(s) were bought and sold.

• Regarding LNC (NYSE:LNC), we observe a call option sweep with bullish sentiment. It expires in 429 day(s) on January 19, 2024. Parties traded 120 contract(s) at a $40.00 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 $54.0K, with a price of $450.0 per contract. There were 552 open contracts at this strike prior to today, and today 306 contract(s) were bought and sold.

• Regarding BAC (NYSE:BAC), we observe a put option sweep with bullish sentiment. It expires in 121 day(s) on March 17, 2023. Parties traded 303 contract(s) at a $37.00 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 $72.4K, with a price of $239.0 per contract. There were 10906 open contracts at this strike prior to today, and today 291 contract(s) were bought and sold.

• For MTB (NYSE:MTB), we notice a call option sweep that happens to be bullish, expiring in 65 day(s) on January 20, 2023. This event was a transfer of 275 contract(s) at a $175.00 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 $167.7K, with a price of $610.0 per contract. There were 270 open contracts at this strike prior to today, and today 276 contract(s) were bought and sold.

• Regarding GS (NYSE:GS), we observe a call option trade with bullish sentiment. It expires in 65 day(s) on January 20, 2023. Parties traded 189 contract(s) at a $370.00 strike. The total cost received by the writing party (or parties) was $485.7K, with a price of $2570.0 per contract. There were 5202 open contracts at this strike prior to today, and today 266 contract(s) were bought and sold.

• For VOYA (NYSE:VOYA), we notice a put option sweep that happens to be bearish, expiring in 93 day(s) on February 17, 2023. This event was a transfer of 103 contract(s) at a $65.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $46.2K, with a price of $450.0 per contract. There were 60 open contracts at this strike prior to today, and today 259 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.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: OptionsBZI-AUOA