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.
Below are some instances of 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 | BULLISH | 11/05/21 | $45.00 | $40.1K | 9.1K | 11.9K |
| OCGN | CALL | TRADE | BULLISH | 11/05/21 | $12.00 | $28.4K | 6.8K | 3.1K |
| BNTX | CALL | TRADE | BEARISH | 12/17/21 | $290.00 | $114.0K | 841 | 442 |
| IQV | CALL | TRADE | BULLISH | 11/19/21 | $270.00 | $45.0K | 480 | 419 |
| NVAX | CALL | TRADE | BULLISH | 12/17/21 | $200.00 | $36.1K | 3.2K | 393 |
| DHR | CALL | TRADE | BULLISH | 12/17/21 | $330.00 | $93.0K | 1.2K | 308 |
| HZNP | CALL | SWEEP | BULLISH | 11/19/21 | $120.00 | $27.9K | 3.0K | 306 |
| ABBV | CALL | TRADE | BULLISH | 01/20/23 | $130.00 | $25.2K | 2.4K | 69 |
| DOCS | CALL | TRADE | BULLISH | 02/18/22 | $90.00 | $35.5K | 581 | 58 |
| CMPS | PUT | SWEEP | NEUTRAL | 11/19/21 | $40.00 | $27.2K | 256 | 47 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding PFE PFE, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on November 5, 2021. Parties traded 772 contract(s) at a $45.00 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 $40.1K, with a price of $52.0 per contract. There were 9157 open contracts at this strike prior to today, and today 11974 contract(s) were bought and sold.
• For OCGN OCGN, we notice a call option trade that happens to be bullish, expiring in 4 day(s) on November 5, 2021. This event was a transfer of 80 contract(s) at a $12.00 strike. The total cost received by the writing party (or parties) was $28.4K, with a price of $356.0 per contract. There were 6845 open contracts at this strike prior to today, and today 3175 contract(s) were bought and sold.
• Regarding BNTX BNTX, we observe a call option trade with bearish sentiment. It expires in 46 day(s) on December 17, 2021. Parties traded 60 contract(s) at a $290.00 strike. The total cost received by the writing party (or parties) was $114.0K, with a price of $1900.0 per contract. There were 841 open contracts at this strike prior to today, and today 442 contract(s) were bought and sold.
• Regarding IQV IQV, we observe a call option trade with bullish sentiment. It expires in 18 day(s) on November 19, 2021. Parties traded 200 contract(s) at a $270.00 strike. The total cost received by the writing party (or parties) was $45.0K, with a price of $225.0 per contract. There were 480 open contracts at this strike prior to today, and today 419 contract(s) were bought and sold.
• For NVAX NVAX, we notice a call option trade that happens to be bullish, expiring in 46 day(s) on December 17, 2021. This event was a transfer of 25 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $36.1K, with a price of $1445.0 per contract. There were 3200 open contracts at this strike prior to today, and today 393 contract(s) were bought and sold.
• Regarding DHR DHR, we observe a call option trade with bullish sentiment. It expires in 46 day(s) on December 17, 2021. Parties traded 300 contract(s) at a $330.00 strike. The total cost received by the writing party (or parties) was $93.0K, with a price of $310.0 per contract. There were 1203 open contracts at this strike prior to today, and today 308 contract(s) were bought and sold.
• Regarding HZNP HZNP, we observe a call option sweep with bullish sentiment. It expires in 18 day(s) on November 19, 2021. Parties traded 57 contract(s) at a $120.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $27.9K, with a price of $490.0 per contract. There were 3054 open contracts at this strike prior to today, and today 306 contract(s) were bought and sold.
• Regarding ABBV ABBV, we observe a call option trade with bullish sentiment. It expires in 445 day(s) on January 20, 2023. Parties traded 50 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $506.0 per contract. There were 2425 open contracts at this strike prior to today, and today 69 contract(s) were bought and sold.
• For DOCS DOCS, we notice a call option trade that happens to be bullish, expiring in 109 day(s) on February 18, 2022. This event was a transfer of 50 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $35.5K, with a price of $710.0 per contract. There were 581 open contracts at this strike prior to today, and today 58 contract(s) were bought and sold.
• For CMPS CMPS, we notice a put option sweep that happens to be neutral, expiring in 18 day(s) on November 19, 2021. This event was a transfer of 32 contract(s) at a $40.00 strike. This particular put needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $27.2K, with a price of $850.0 per contract. There were 256 open contracts at this strike prior to today, and today 47 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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