10 Financials Stocks With Whale Alerts In Today's Session

10 Financials Stocks With Whale Alerts 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
WFC PUT TRADE BULLISH 01/19/24 $42.50 $45.8K 24.4K 4.2K
COIN PUT SWEEP BULLISH 12/09/22 $42.00 $73.4K 4.5K 2.2K
BX PUT TRADE BULLISH 09/15/23 $70.00 $540.0K 1.0K 619
NTRS PUT TRADE NEUTRAL 12/16/22 $97.50 $370.2K 0 356
MS PUT SWEEP NEUTRAL 01/19/24 $80.00 $42.9K 11.5K 315
USB CALL SWEEP BULLISH 01/17/25 $60.00 $37.5K 26 200
CINF CALL TRADE NEUTRAL 12/16/22 $105.00 $26.9K 1.0K 98
SCHW CALL TRADE BULLISH 01/19/24 $92.50 $48.8K 726 86
BAC PUT TRADE NEUTRAL 01/17/25 $40.00 $45.9K 481 50
SBNY PUT TRADE BEARISH 06/16/23 $115.00 $40.7K 21 25

Explanation

These itemized elaborations have been created using the accompanying table.

• For WFC WFC, we notice a put option trade that happens to be bullish, expiring in 408 day(s) on January 19, 2024. This event was a transfer of 89 contract(s) at a $42.50 strike. The total cost received by the writing party (or parties) was $45.8K, with a price of $515.0 per contract. There were 24432 open contracts at this strike prior to today, and today 4250 contract(s) were bought and sold.

• For COIN COIN, we notice a put option sweep that happens to be bullish, expiring in 2 day(s) on December 9, 2022. This event was a transfer of 528 contract(s) at a $42.00 strike. This particular put needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $73.4K, with a price of $139.0 per contract. There were 4566 open contracts at this strike prior to today, and today 2200 contract(s) were bought and sold.

• For BX BX, we notice a put option trade that happens to be bullish, expiring in 282 day(s) on September 15, 2023. This event was a transfer of 600 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $540.0K, with a price of $900.0 per contract. There were 1040 open contracts at this strike prior to today, and today 619 contract(s) were bought and sold.

• For NTRS NTRS, we notice a put option trade that happens to be neutral, expiring in 9 day(s) on December 16, 2022. This event was a transfer of 356 contract(s) at a $97.50 strike. The total cost received by the writing party (or parties) was $370.2K, with a price of $1040.0 per contract. There were 0 open contracts at this strike prior to today, and today 356 contract(s) were bought and sold.

• For MS MS, we notice a put option sweep that happens to be neutral, expiring in 408 day(s) on January 19, 2024. This event was a transfer of 55 contract(s) at a $80.00 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 $42.9K, with a price of $780.0 per contract. There were 11523 open contracts at this strike prior to today, and today 315 contract(s) were bought and sold.

• Regarding USB USB, we observe a call option sweep with bullish sentiment. It expires in 772 day(s) on January 17, 2025. Parties traded 180 contract(s) at a $60.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $37.5K, with a price of $210.0 per contract. There were 26 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.

• Regarding CINF CINF, we observe a call option trade with neutral sentiment. It expires in 9 day(s) on December 16, 2022. Parties traded 98 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $26.9K, with a price of $275.0 per contract. There were 1056 open contracts at this strike prior to today, and today 98 contract(s) were bought and sold.

• For SCHW SCHW, we notice a call option trade that happens to be bullish, expiring in 408 day(s) on January 19, 2024. This event was a transfer of 66 contract(s) at a $92.50 strike. The total cost received by the writing party (or parties) was $48.8K, with a price of $740.0 per contract. There were 726 open contracts at this strike prior to today, and today 86 contract(s) were bought and sold.

• Regarding BAC BAC, we observe a put option trade with neutral sentiment. It expires in 772 day(s) on January 17, 2025. Parties traded 50 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $45.9K, with a price of $920.0 per contract. There were 481 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold.

• Regarding SBNY SBNY, we observe a put option trade with bearish sentiment. It expires in 191 day(s) on June 16, 2023. Parties traded 25 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $40.7K, with a price of $1630.0 per contract. There were 21 open contracts at this strike prior to today, and today 25 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