10 Financials Stocks Whale Activity In Today's Session

10 Financials 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.

Below are some instances of options activity happening in the Financials sector:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
BAC PUT SWEEP BEARISH 12/16/22 $33.00 $91.0K 15.0K 11.2K
JPM PUT SWEEP BULLISH 12/16/22 $130.00 $27.7K 15.3K 4.2K
BX PUT TRADE BULLISH 01/20/23 $80.00 $130.0K 3.7K 1.2K
SI PUT SWEEP NEUTRAL 02/17/23 $20.00 $59.2K 1.2K 770
VOYA PUT SWEEP BEARISH 01/20/23 $62.50 $68.8K 501 428
BXMT PUT SWEEP BULLISH 04/21/23 $25.00 $35.0K 230 100
COIN CALL SWEEP NEUTRAL 01/17/25 $125.00 $38.5K 436 64
UPST PUT SWEEP BULLISH 01/19/24 $15.00 $27.4K 1.7K 59
AFL PUT SWEEP BEARISH 01/19/24 $77.50 $25.4K 0 13
SIVB PUT SWEEP NEUTRAL 12/15/23 $250.00 $73.8K 18 10

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• Regarding BAC BAC, we observe a put option sweep with bearish sentiment. It expires in 10 day(s) on December 16, 2022. Parties traded 1000 contract(s) at a $33.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $91.0K, with a price of $91.0 per contract. There were 15016 open contracts at this strike prior to today, and today 11275 contract(s) were bought and sold.

• Regarding JPM JPM, we observe a put option sweep with bullish sentiment. It expires in 10 day(s) on December 16, 2022. Parties traded 126 contract(s) at a $130.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $27.7K, with a price of $220.0 per contract. There were 15391 open contracts at this strike prior to today, and today 4235 contract(s) were bought and sold.

• For BX BX, we notice a put option trade that happens to be bullish, expiring in 45 day(s) on January 20, 2023. This event was a transfer of 250 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $130.0K, with a price of $520.0 per contract. There were 3798 open contracts at this strike prior to today, and today 1254 contract(s) were bought and sold.

• Regarding SI SI, we observe a put option sweep with neutral sentiment. It expires in 73 day(s) on February 17, 2023. Parties traded 147 contract(s) at a $20.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $59.2K, with a price of $403.0 per contract. There were 1201 open contracts at this strike prior to today, and today 770 contract(s) were bought and sold.

• Regarding VOYA VOYA, we observe a put option sweep with bearish sentiment. It expires in 45 day(s) on January 20, 2023. Parties traded 293 contract(s) at a $62.50 strike. This particular put needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $68.8K, with a price of $235.0 per contract. There were 501 open contracts at this strike prior to today, and today 428 contract(s) were bought and sold.

• For BXMT BXMT, we notice a put option sweep that happens to be bullish, expiring in 136 day(s) on April 21, 2023. This event was a transfer of 100 contract(s) at a $25.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $35.0K, with a price of $350.0 per contract. There were 230 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold.

• Regarding COIN COIN, we observe a call option sweep with neutral sentiment. It expires in 773 day(s) on January 17, 2025. Parties traded 47 contract(s) at a $125.00 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 $38.5K, with a price of $820.0 per contract. There were 436 open contracts at this strike prior to today, and today 64 contract(s) were bought and sold.

• Regarding UPST UPST, we observe a put option sweep with bullish sentiment. It expires in 409 day(s) on January 19, 2024. Parties traded 47 contract(s) at a $15.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $27.4K, with a price of $585.0 per contract. There were 1708 open contracts at this strike prior to today, and today 59 contract(s) were bought and sold.

• For AFL AFL, we notice a put option sweep that happens to be bearish, expiring in 409 day(s) on January 19, 2024. This event was a transfer of 26 contract(s) at a $77.50 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $25.4K, with a price of $980.0 per contract. There were 0 open contracts at this strike prior to today, and today 13 contract(s) were bought and sold.

• For SIVB SIVB, we notice a put option sweep that happens to be neutral, expiring in 374 day(s) on December 15, 2023. This event was a transfer of 10 contract(s) at a $250.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $73.8K, with a price of $7376.0 per contract. There were 18 open contracts at this strike prior to today, and today 10 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.

Posted In: BZI-AUOAOptions