10 Health Care Stocks Whale Activity 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 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:

Explanation

These itemized elaborations have been created using the accompanying table.

• For PFE PFE, we notice a call option sweep that happens to be bullish, expiring in 9 day(s) on March 15, 2024. This event was a transfer of 1000 contract(s) at a $27.50 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $40.0K, with a price of $40.0 per contract. There were 52101 open contracts at this strike prior to today, and today 6098 contract(s) were bought and sold.

• For ABBV ABBV, we notice a call option sweep that happens to be bearish, expiring in 44 day(s) on April 19, 2024. This event was a transfer of 104 contract(s) at a $185.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $31.0K, with a price of $298.0 per contract. There were 1924 open contracts at this strike prior to today, and today 1911 contract(s) were bought and sold.

• For GSK GSK, we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on March 15, 2024. This event was a transfer of 156 contract(s) at a $41.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $26.9K, with a price of $170.0 per contract. There were 4377 open contracts at this strike prior to today, and today 1220 contract(s) were bought and sold.

• For SANA SANA, we notice a put option sweep that happens to be bullish, expiring in 9 day(s) on March 15, 2024. This event was a transfer of 386 contract(s) at a $10.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $46.3K, with a price of $120.0 per contract. There were 218 open contracts at this strike prior to today, and today 873 contract(s) were bought and sold.

• Regarding LLY LLY, we observe a put option sweep with bearish sentiment. It expires in 72 day(s) on May 17, 2024. Parties traded 99 contract(s) at a $650.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $61.3K, with a price of $620.0 per contract. There were 813 open contracts at this strike prior to today, and today 451 contract(s) were bought and sold.

• Regarding VKTX VKTX, we observe a call option trade with bearish sentiment. It expires in 9 day(s) on March 15, 2024. Parties traded 77 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $43.8K, with a price of $570.0 per contract. There were 356 open contracts at this strike prior to today, and today 409 contract(s) were bought and sold.

• Regarding UNH UNH, we observe a put option trade with bearish sentiment. It expires in 72 day(s) on May 17, 2024. Parties traded 39 contract(s) at a $470.00 strike. The total cost received by the writing party (or parties) was $67.0K, with a price of $1720.0 per contract. There were 386 open contracts at this strike prior to today, and today 70 contract(s) were bought and sold.

• Regarding EXAS EXAS, we observe a call option sweep with bearish sentiment. It expires in 681 day(s) on January 16, 2026. Parties traded 46 contract(s) at a $82.50 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $44.6K, with a price of $970.0 per contract. There were 9 open contracts at this strike prior to today, and today 46 contract(s) were bought and sold.

• Regarding CVS CVS, we observe a put option sweep with bullish sentiment. It expires in 16 day(s) on March 22, 2024. Parties traded 3400 contract(s) at a $70.00 strike. This particular put needed to be split into 48 different trades to become filled. The total cost received by the writing party (or parties) was $81.9K, with a price of $24.0 per contract. There were 3454 open contracts at this strike prior to today, and today 38 contract(s) were bought and sold.

• Regarding TMO TMO, we observe a call option trade with bullish sentiment. It expires in 107 day(s) on June 21, 2024. Parties traded 10 contract(s) at a $550.00 strike. The total cost received by the writing party (or parties) was $63.5K, with a price of $6350.0 per contract. There were 388 open contracts at this strike prior to today, and today 14 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.