This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming levels.
Below are some instances of unusual options activity happening in the Health Care sector:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| PFE | CALL | SWEEP | BEARISH | 01/15/21 | $45.00 | $25.8K | 31.6K | 19.8K |
| ABUS | CALL | SWEEP | BEARISH | 12/18/20 | $5.00 | $28.9K | 7.6K | 1.8K |
| MRNA | CALL | SWEEP | BULLISH | 02/19/21 | $125.00 | $915.2K | 2.2K | 1.8K |
| DHR | CALL | TRADE | BULLISH | 01/21/22 | $240.00 | $2.1 million | 422 | 1.6K |
| ACB | PUT | SWEEP | BEARISH | 12/18/20 | $9.50 | $97.7K | 143 | 1.0K |
| CLDX | CALL | SWEEP | BULLISH | 05/21/21 | $25.00 | $248.3K | 102 | 989 |
| CUE | PUT | TRADE | BULLISH | 04/16/21 | $5.00 | $36.3K | 549 | 906 |
| EDIT | CALL | TRADE | BULLISH | 05/21/21 | $35.00 | $132.0K | 841 | 791 |
| APHA | CALL | SWEEP | BEARISH | 01/15/21 | $5.00 | $60.0K | 46.5K | 747 |
| CVS | CALL | SWEEP | BEARISH | 05/21/21 | $80.00 | $56.9K | 2.3K | 511 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding PFE PFE, we observe a call option sweep with bearish sentiment. It expires in 45 day(s) on January 15, 2021. A trader bought 266 contract(s) at a $45.00 strike. This particular call needed to be split into 10 different trades to become filled. The trader or institution spent $25.8K on this trade with a price of $97.0 per contract. There were 31660 open contracts at this strike prior to today, and today 19871 contract(s) were bought and sold.
• Regarding ABUS ABUS, we observe a call option sweep with bearish sentiment. It expires in 17 day(s) on December 18, 2020. A trader bought 482 contract(s) at a $5.00 strike. This particular call needed to be split into 20 different trades to become filled. The trader or institution spent $28.9K on this trade with a price of $60.0 per contract. There were 7679 open contracts at this strike prior to today, and today 1891 contract(s) were bought and sold.
• For MRNA MRNA, we notice a call option sweep that happens to be bullish, expiring in 80 day(s) on February 19, 2021. A trader bought 208 contract(s) at a $125.00 strike. This particular call needed to be split into 10 different trades to become filled. The trader or institution spent $915.2K on this trade with a price of $4400.0 per contract. There were 2224 open contracts at this strike prior to today, and today 1810 contract(s) were bought and sold.
• Regarding DHR DHR, we observe a call option trade with bullish sentiment. It expires in 416 day(s) on January 21, 2022. A trader bought 850 contract(s) at a $240.00 strike. The trader or institution spent $2.1 million on this trade with a price of $2480.0 per contract. There were 422 open contracts at this strike prior to today, and today 1617 contract(s) were bought and sold.
• Regarding ACB ACB, we observe a put option sweep with bearish sentiment. It expires in 17 day(s) on December 18, 2020. A trader bought 967 contract(s) at a $9.50 strike. This particular put needed to be split into 36 different trades to become filled. The trader or institution spent $97.7K on this trade with a price of $101.0 per contract. There were 143 open contracts at this strike prior to today, and today 1054 contract(s) were bought and sold.
• Regarding CLDX CLDX, we observe a call option sweep with bullish sentiment. It expires in 171 day(s) on May 21, 2021. A trader bought 671 contract(s) at a $25.00 strike. This particular call needed to be split into 19 different trades to become filled. The trader or institution spent $248.3K on this trade with a price of $370.0 per contract. There were 102 open contracts at this strike prior to today, and today 989 contract(s) were bought and sold.
• Regarding CUE CUE, we observe a put option trade with bullish sentiment. It expires in 136 day(s) on April 16, 2021. A trader bought 300 contract(s) at a $5.00 strike. The trader or institution spent $36.3K on this trade with a price of $121.0 per contract. There were 549 open contracts at this strike prior to today, and today 906 contract(s) were bought and sold.
• Regarding EDIT EDIT, we observe a call option trade with bullish sentiment. It expires in 171 day(s) on May 21, 2021. A trader bought 300 contract(s) at a $35.00 strike. The trader or institution spent $132.0K on this trade with a price of $440.0 per contract. There were 841 open contracts at this strike prior to today, and today 791 contract(s) were bought and sold.
• For APHA APHA, we notice a call option sweep that happens to be bearish, expiring in 45 day(s) on January 15, 2021. A trader bought 200 contract(s) at a $5.00 strike. This particular call needed to be split into 3 different trades to become filled. The trader or institution spent $60.0K on this trade with a price of $300.0 per contract. There were 46593 open contracts at this strike prior to today, and today 747 contract(s) were bought and sold.
• For CVS CVS, we notice a call option sweep that happens to be bearish, expiring in 171 day(s) on May 21, 2021. A trader bought 407 contract(s) at a $80.00 strike. This particular call needed to be split into 29 different trades to become filled. The trader or institution spent $56.9K on this trade with a price of $140.0 per contract. There were 2362 open contracts at this strike prior to today, and today 511 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.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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