10 Financials Stocks Whale Activity In Today's Session - Bank of America (NYSE:BAC), Blackstone (NYSE:BX)

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.

Below are some instances of options activity happening in the Financials sector:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Strike Price	Total Trade Price	Open Interest	Volume
COIN	PUT	SWEEP	BEARISH	03/01/24	$200.00	$43.1K	2.3K	7.5K
HOOD	PUT	SWEEP	BEARISH	03/08/24	$16.00	$28.5K	2.9K	737
MA	PUT	SWEEP	BULLISH	06/21/24	$440.00	$78.7K	1.6K	630
BAC	CALL	TRADE	BEARISH	04/19/24	$34.00	$71.5K	17.1K	592
LMND	PUT	TRADE	NEUTRAL	01/17/25	$10.00	$28.0K	692	212
SOFI	CALL	TRADE	BEARISH	04/19/24	$6.00	$31.0K	1.0K	116
BXMT	CALL	SWEEP	BEARISH	07/19/24	$17.00	$32.1K	702	113
TROW	CALL	SWEEP	BULLISH	06/20/25	$110.00	$157.6K	0	108
SQ	CALL	SWEEP	BULLISH	06/20/25	$130.00	$53.2K	39.3K	90
BX	CALL	TRADE	NEUTRAL	11/15/24	$100.00	$155.5K	17	50

Explanation

These itemized elaborations have been created using the accompanying table.

• For COIN (NASDAQ:COIN), we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on March 1, 2024. This event was a transfer of 90 contract(s) at a $200.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $43.1K, with a price of $476.0 per contract. There were 2316 open contracts at this strike prior to today, and today 7550 contract(s) were bought and sold.

• For HOOD (NASDAQ:HOOD), we notice a put option sweep that happens to be bearish, expiring in 9 day(s) on March 8, 2024. This event was a transfer of 500 contract(s) at a $16.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $28.5K, with a price of $57.0 per contract. There were 2933 open contracts at this strike prior to today, and today 737 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.

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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.

Below are some instances of options activity happening in the Financials sector:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Strike Price	Total Trade Price	Open Interest	Volume
COIN	PUT	SWEEP	BEARISH	03/01/24	$200.00	$43.1K	2.3K	7.5K
HOOD	PUT	SWEEP	BEARISH	03/08/24	$16.00	$28.5K	2.9K	737
MA	PUT	SWEEP	BULLISH	06/21/24	$440.00	$78.7K	1.6K	630
BAC	CALL	TRADE	BEARISH	04/19/24	$34.00	$71.5K	17.1K	592
LMND	PUT	TRADE	NEUTRAL	01/17/25	$10.00	$28.0K	692	212
SOFI	CALL	TRADE	BEARISH	04/19/24	$6.00	$31.0K	1.0K	116
BXMT	CALL	SWEEP	BEARISH	07/19/24	$17.00	$32.1K	702	113
TROW	CALL	SWEEP	BULLISH	06/20/25	$110.00	$157.6K	0	108
SQ	CALL	SWEEP	BULLISH	06/20/25	$130.00	$53.2K	39.3K	90
BX	CALL	TRADE	NEUTRAL	11/15/24	$100.00	$155.5K	17	50

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding MA (NYSE:MA), we observe a put option sweep with bullish sentiment. It expires in 114 day(s) on June 21, 2024. Parties traded 115 contract(s) at a $440.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $78.7K, with a price of $685.0 per contract. There were 1608 open contracts at this strike prior to today, and today 630 contract(s) were bought and sold.

• For BAC (NYSE:BAC), we notice a call option trade that happens to be bearish, expiring in 51 day(s) on April 19, 2024. This event was a transfer of 500 contract(s) at a $34.00 strike. The total cost received by the writing party (or parties) was $71.5K, with a price of $143.0 per contract. There were 17150 open contracts at this strike prior to today, and today 592 contract(s) were bought and sold.

• For LMND (NYSE:LMND), we notice a put option trade that happens to be neutral, expiring in 324 day(s) on January 17, 2025. This event was a transfer of 200 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $140.0 per contract. There were 692 open contracts at this strike prior to today, and today 212 contract(s) were bought and sold.

• Regarding SOFI (NASDAQ:SOFI), we observe a call option trade with bearish sentiment. It expires in 51 day(s) on April 19, 2024. Parties traded 100 contract(s) at a $6.00 strike. The total cost received by the writing party (or parties) was $31.0K, with a price of $310.0 per contract. There were 1081 open contracts at this strike prior to today, and today 116 contract(s) were bought and sold.

• Regarding BXMT (NYSE:BXMT), we observe a call option sweep with bearish sentiment. It expires in 142 day(s) on July 19, 2024. Parties traded 111 contract(s) at a $17.00 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 $32.1K, with a price of $290.0 per contract. There were 702 open contracts at this strike prior to today, and today 113 contract(s) were bought and sold.

• For TROW (NASDAQ:TROW), we notice a call option sweep that happens to be bullish, expiring in 478 day(s) on June 20, 2025. This event was a transfer of 108 contract(s) at a $110.00 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 $157.6K, with a price of $1460.0 per contract. There were 0 open contracts at this strike prior to today, and today 108 contract(s) were bought and sold.

• For SQ (NYSE:SQ), we notice a call option sweep that happens to be bullish, expiring in 478 day(s) on June 20, 2025. This event was a transfer of 76 contract(s) at a $130.00 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 $53.2K, with a price of $700.0 per contract. There were 39357 open contracts at this strike prior to today, and today 90 contract(s) were bought and sold.

• Regarding BX (NYSE:BX), we observe a call option trade with neutral sentiment. It expires in 261 day(s) on November 15, 2024. Parties traded 50 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $155.5K, with a price of $3110.0 per contract. There were 17 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold.