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 |
---|---|---|---|---|---|---|---|---|
BMY | CALL | SWEEP | BEARISH | 06/21/24 | $47.00 | $54.8K | 1.6K | 1.7K |
ARDX | CALL | TRADE | BULLISH | 05/03/24 | $7.50 | $37.5K | 921 | 435 |
AMGN | PUT | SWEEP | BULLISH | 08/16/24 | $320.00 | $48.3K | 20 | 250 |
BDX | CALL | SWEEP | BEARISH | 05/17/24 | $235.00 | $111.2K | 1.1K | 207 |
HROW | CALL | TRADE | BULLISH | 10/18/24 | $6.00 | $49.2K | 0 | 100 |
CI | CALL | SWEEP | BEARISH | 11/15/24 | $350.00 | $49.9K | 111 | 76 |
MDGL | CALL | TRADE | BULLISH | 07/19/24 | $260.00 | $61.5K | 62 | 50 |
DXCM | PUT | TRADE | BULLISH | 12/20/24 | $120.00 | $41.2K | 0 | 43 |
LLY | CALL | TRADE | BEARISH | 05/17/24 | $650.00 | $46.0K | 131 | 42 |
TMDX | CALL | TRADE | BEARISH | 07/19/24 | $100.00 | $31.8K | 115 | 26 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding BMY BMY, we observe a call option sweep with bearish sentiment. It expires in 49 day(s) on June 21, 2024. Parties traded 1276 contract(s) at a $47.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $54.8K, with a price of $43.0 per contract. There were 1632 open contracts at this strike prior to today, and today 1797 contract(s) were bought and sold.
• For ARDX ARDX, we notice a call option trade that happens to be bullish, is expiring today. Parties traded 250 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $37.5K, with a price of $150.0 per contract. There were 921 open contracts at this strike prior to today, and today 435 contract(s) were bought and sold.
• For AMGN AMGN, we notice a put option sweep that happens to be bullish, expiring in 105 day(s) on August 16, 2024. This event was a transfer of 24 contract(s) at a $320.00 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 $48.3K, with a price of $2015.0 per contract. There were 20 open contracts at this strike prior to today, and today 250 contract(s) were bought and sold.
• Regarding BDX BDX, we observe a call option sweep with bearish sentiment. It expires in 14 day(s) on May 17, 2024. Parties traded 206 contract(s) at a $235.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $111.2K, with a price of $540.0 per contract. There were 1190 open contracts at this strike prior to today, and today 207 contract(s) were bought and sold.
• Regarding HROW HROW, we observe a call option trade with bullish sentiment. It expires in 168 day(s) on October 18, 2024. Parties traded 100 contract(s) at a $6.00 strike. The total cost received by the writing party (or parties) was $49.2K, with a price of $492.0 per contract. There were 0 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold.
• For CI CI, we notice a call option sweep that happens to be bearish, expiring in 196 day(s) on November 15, 2024. This event was a transfer of 21 contract(s) at a $350.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $49.9K, with a price of $2380.0 per contract. There were 111 open contracts at this strike prior to today, and today 76 contract(s) were bought and sold.
• Regarding MDGL MDGL, we observe a call option trade with bullish sentiment. It expires in 77 day(s) on July 19, 2024. Parties traded 50 contract(s) at a $260.00 strike. The total cost received by the writing party (or parties) was $61.5K, with a price of $1230.0 per contract. There were 62 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold.
• Regarding DXCM DXCM, we observe a put option trade with bullish sentiment. It expires in 231 day(s) on December 20, 2024. Parties traded 43 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $41.2K, with a price of $960.0 per contract. There were 0 open contracts at this strike prior to today, and today 43 contract(s) were bought and sold.
• Regarding LLY LLY, we observe a call option trade with bearish sentiment. It expires in 14 day(s) on May 17, 2024. Parties traded 5 contract(s) at a $650.00 strike. The total cost received by the writing party (or parties) was $46.0K, with a price of $9200.0 per contract. There were 131 open contracts at this strike prior to today, and today 42 contract(s) were bought and sold.
• Regarding TMDX TMDX, we observe a call option trade with bearish sentiment. It expires in 77 day(s) on July 19, 2024. Parties traded 10 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $31.8K, with a price of $3180.0 per contract. There were 115 open contracts at this strike prior to today, and today 26 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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