This unusual options alert can help traders discover the next big trading opportunities. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. Unusual trading activity could push option prices to exaggerated or underestimated levels.
Here's the list of some unusual options activity happening in today's session:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| PFE | CALL | SWEEP | BULLISH | 01/15/21 | $45.00 | $29.5K | 67.5K | 4.3K |
| TDOC | CALL | TRADE | BEARISH | 01/15/21 | $220.00 | $193.0K | 4.0K | 2.1K |
| SDGR | CALL | SWEEP | BEARISH | 12/18/20 | $75.00 | $60.4K | 920 | 2.1K |
| AMRN | CALL | TRADE | BULLISH | 12/18/20 | $4.50 | $70.3K | 2.6K | 1.8K |
| CVS | CALL | SWEEP | BEARISH | 12/18/20 | $75.00 | $25.0K | 4.2K | 1.7K |
| MRNA | CALL | SWEEP | BULLISH | 12/18/20 | $185.00 | $169.0K | 594 | 1.1K |
| GILD | PUT | SWEEP | BULLISH | 02/19/21 | $57.50 | $114.2K | 1.2K | 728 |
| EXAS | PUT | TRADE | BULLISH | 12/18/20 | $120.00 | $28.0K | 3.5K | 506 |
| ABT | CALL | TRADE | BEARISH | 03/19/21 | $120.00 | $99.0K | 607 | 500 |
| NNOX | PUT | TRADE | BULLISH | 01/21/22 | $15.00 | $100.3K | 233 | 380 |
Explanation
These itemized elaboration has been created using the accompanying table.
• For PFE PFE, we notice a call option sweep that happens to be bullish, expiring in 39 day(s) on January 15, 2021. A trader bought 250 contract(s) at a $45.00 strike. This particular call needed to be split into 8 different trades to become filled. The trader or institution spent $29.5K on this trade with a price of $118.0 per contract. There were 67505 open contracts at this strike prior to today, and today 4346 contract(s) were bought and sold.
• For TDOC TDOC, we notice a call option trade that happens to be bearish, expiring in 39 day(s) on January 15, 2021. A trader bought 297 contract(s) at a $220.00 strike. The trader or institution spent $193.0K on this trade with a price of $650.0 per contract. There were 4080 open contracts at this strike prior to today, and today 2148 contract(s) were bought and sold.
• Regarding SDGR SDGR, we observe a call option sweep with bearish sentiment. It expires in 11 day(s) on December 18, 2020. A trader bought 376 contract(s) at a $75.00 strike. This particular call needed to be split into 9 different trades to become filled. The trader or institution spent $60.4K on this trade with a price of $170.0 per contract. There were 920 open contracts at this strike prior to today, and today 2101 contract(s) were bought and sold.
• For AMRN AMRN, we notice a call option trade that happens to be bullish, expiring in 11 day(s) on December 18, 2020. A trader bought 913 contract(s) at a $4.50 strike. The trader or institution spent $70.3K on this trade with a price of $77.0 per contract. There were 2627 open contracts at this strike prior to today, and today 1805 contract(s) were bought and sold.
• Regarding CVS CVS, we observe a call option sweep with bearish sentiment. It expires in 11 day(s) on December 18, 2020. A trader bought 256 contract(s) at a $75.00 strike. This particular call needed to be split into 3 different trades to become filled. The trader or institution spent $25.0K on this trade with a price of $98.0 per contract. There were 4216 open contracts at this strike prior to today, and today 1786 contract(s) were bought and sold.
• For MRNA MRNA, we notice a call option sweep that happens to be bullish, expiring in 11 day(s) on December 18, 2020. A trader bought 282 contract(s) at a $185.00 strike. This particular call needed to be split into 30 different trades to become filled. The trader or institution spent $169.0K on this trade with a price of $600.0 per contract. There were 594 open contracts at this strike prior to today, and today 1169 contract(s) were bought and sold.
• For GILD GILD, we notice a put option sweep that happens to be bullish, expiring in 74 day(s) on February 19, 2021. A trader bought 588 contract(s) at a $57.50 strike. This particular put needed to be split into 21 different trades to become filled. The trader or institution spent $114.2K on this trade with a price of $195.0 per contract. There were 1299 open contracts at this strike prior to today, and today 728 contract(s) were bought and sold.
• For EXAS EXAS, we notice a put option trade that happens to be bullish, expiring in 11 day(s) on December 18, 2020. A trader bought 432 contract(s) at a $120.00 strike. The trader or institution spent $28.0K on this trade with a price of $65.0 per contract. There were 3542 open contracts at this strike prior to today, and today 506 contract(s) were bought and sold.
• Regarding ABT ABT, we observe a call option trade with bearish sentiment. It expires in 102 day(s) on March 19, 2021. A trader bought 500 contract(s) at a $120.00 strike. The trader or institution spent $99.0K on this trade with a price of $198.0 per contract. There were 607 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.
• Regarding NNOX NNOX, we observe a put option trade with bullish sentiment. It expires in 410 day(s) on January 21, 2022. A trader bought 200 contract(s) at a $15.00 strike. The trader or institution spent $100.3K on this trade with a price of $502.0 per contract. There were 233 open contracts at this strike prior to today, and today 380 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.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.