10 Health Care 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 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.

Here's the list of options activity happening in today's session:

Explanation

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

• Regarding DXCM DXCM, we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on March 17, 2023. Parties traded 193 contract(s) at a $115.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $25.1K, with a price of $130.0 per contract. There were 5605 open contracts at this strike prior to today, and today 1049 contract(s) were bought and sold.

• Regarding ESPR ESPR, we observe a put option trade with bullish sentiment. It expires in 1 day(s) on March 17, 2023. Parties traded 681 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $200.8K, with a price of $295.0 per contract. There were 8875 open contracts at this strike prior to today, and today 937 contract(s) were bought and sold.

• Regarding JNJ JNJ, we observe a call option sweep with bullish sentiment. It expires in 8 day(s) on March 24, 2023. Parties traded 500 contract(s) at a $155.00 strike. This particular call needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $66.0K, with a price of $132.0 per contract. There were 1829 open contracts at this strike prior to today, and today 713 contract(s) were bought and sold.

• Regarding ILMN ILMN, we observe a call option sweep with bullish sentiment. It expires in 92 day(s) on June 16, 2023. Parties traded 50 contract(s) at a $230.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $101.5K, with a price of $2030.0 per contract. There were 187 open contracts at this strike prior to today, and today 615 contract(s) were bought and sold.

• For MRK MRK, we notice a call option sweep that happens to be bullish, expiring in 218 day(s) on October 20, 2023. This event was a transfer of 38 contract(s) at a $110.00 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 $27.9K, with a price of $735.0 per contract. There were 474 open contracts at this strike prior to today, and today 264 contract(s) were bought and sold.

• For CNC CNC, we notice a call option sweep that happens to be bullish, expiring in 36 day(s) on April 21, 2023. This event was a transfer of 90 contract(s) at a $62.50 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 $28.8K, with a price of $320.0 per contract. There were 79 open contracts at this strike prior to today, and today 230 contract(s) were bought and sold.

• Regarding INSP INSP, we observe a put option trade with bearish sentiment. It expires in 36 day(s) on April 21, 2023. Parties traded 20 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $25.8K, with a price of $1290.0 per contract. There were 14 open contracts at this strike prior to today, and today 209 contract(s) were bought and sold.

• For LQDA LQDA, we notice a call option trade that happens to be bullish, expiring in 309 day(s) on January 19, 2024. This event was a transfer of 205 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $43.0K, with a price of $210.0 per contract. There were 1165 open contracts at this strike prior to today, and today 206 contract(s) were bought and sold.

• For ABT ABT, we notice a put option trade that happens to be bullish, expiring in 673 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $60.9K, with a price of $609.0 per contract. There were 287 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold.

• Regarding SRPT SRPT, we observe a call option trade with neutral sentiment. It expires in 1 day(s) on March 17, 2023. Parties traded 26 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $38.7K, with a price of $1489.0 per contract. There were 460 open contracts at this strike prior to today, and today 86 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.