10 Financials Stocks With Whale Alerts In Today's Session - Bank of America (NYSE:BAC), JPMorgan Chase (NYSE:JPM)

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 itemized elaborations have been created using the accompanying table.

• Regarding KEY (NYSE:KEY), we observe a call option sweep with bearish sentiment. It expires in 16 day(s) on April 21, 2023. Parties traded 550 contract(s) at a $12.00 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 $27.6K, with a price of $50.0 per contract. There were 7037 open contracts at this strike prior to today, and today 4615 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.

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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.

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

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Strike Price	Total Trade Price	Open Interest	Volume
KEY	CALL	SWEEP	BEARISH	04/21/23	$12.00	$27.6K	7.0K	4.6K
WAL	CALL	SWEEP	BEARISH	04/06/23	$33.00	$52.6K	146	1.7K
BAC	CALL	TRADE	BULLISH	06/16/23	$23.00	$26.7K	454	996
JPM	CALL	TRADE	NEUTRAL	04/14/23	$127.00	$63.0K	197	982
SCHW	CALL	SWEEP	BEARISH	04/21/23	$47.00	$56.2K	213	678
FRC	CALL	SWEEP	BEARISH	08/18/23	$21.00	$28.5K	57	514
ALLY	CALL	SWEEP	BULLISH	04/21/23	$26.50	$47.4K	1.4K	493
WFC	CALL	SWEEP	BEARISH	06/16/23	$37.50	$35.9K	15.7K	318
CMA	PUT	SWEEP	BEARISH	07/21/23	$45.00	$135.0K	265	150
MS	PUT	SWEEP	BEARISH	01/19/24	$80.00	$34.3K	16.9K	142

Explanation

These itemized elaborations have been created using the accompanying table.

• For WAL (NYSE:WAL), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on April 6, 2023. This event was a transfer of 1500 contract(s) at a $33.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $52.6K, with a price of $35.0 per contract. There were 146 open contracts at this strike prior to today, and today 1765 contract(s) were bought and sold.

• For BAC (NYSE:BAC), we notice a call option trade that happens to be bullish, expiring in 72 day(s) on June 16, 2023. This event was a transfer of 50 contract(s) at a $23.00 strike. The total cost received by the writing party (or parties) was $26.7K, with a price of $534.0 per contract. There were 454 open contracts at this strike prior to today, and today 996 contract(s) were bought and sold.

• For JPM (NYSE:JPM), we notice a call option trade that happens to be neutral, expiring in 9 day(s) on April 14, 2023. This event was a transfer of 200 contract(s) at a $127.00 strike. The total cost received by the writing party (or parties) was $63.0K, with a price of $315.0 per contract. There were 197 open contracts at this strike prior to today, and today 982 contract(s) were bought and sold.

• For SCHW (NYSE:SCHW), we notice a call option sweep that happens to be bearish, expiring in 16 day(s) on April 21, 2023. This event was a transfer of 152 contract(s) at a $47.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $56.2K, with a price of $370.0 per contract. There were 213 open contracts at this strike prior to today, and today 678 contract(s) were bought and sold.

• Regarding FRC (NYSE:FRC), we observe a call option sweep with bearish sentiment. It expires in 135 day(s) on August 18, 2023. Parties traded 100 contract(s) at a $21.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $28.5K, with a price of $285.0 per contract. There were 57 open contracts at this strike prior to today, and today 514 contract(s) were bought and sold.

• Regarding ALLY (NYSE:ALLY), we observe a call option sweep with bullish sentiment. It expires in 16 day(s) on April 21, 2023. Parties traded 450 contract(s) at a $26.50 strike. This particular call needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $47.4K, with a price of $110.0 per contract. There were 1413 open contracts at this strike prior to today, and today 493 contract(s) were bought and sold.

• For WFC (NYSE:WFC), we notice a call option sweep that happens to be bearish, expiring in 72 day(s) on June 16, 2023. This event was a transfer of 179 contract(s) at a $37.50 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 $35.9K, with a price of $201.0 per contract. There were 15791 open contracts at this strike prior to today, and today 318 contract(s) were bought and sold.

• For CMA (NYSE:CMA), we notice a put option sweep that happens to be bearish, expiring in 107 day(s) on July 21, 2023. This event was a transfer of 150 contract(s) at a $45.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $135.0K, with a price of $900.0 per contract. There were 265 open contracts at this strike prior to today, and today 150 contract(s) were bought and sold.

• For MS (NYSE:MS), we notice a put option sweep that happens to be bearish, expiring in 289 day(s) on January 19, 2024. This event was a transfer of 48 contract(s) at a $80.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $34.3K, with a price of $715.0 per contract. There were 16985 open contracts at this strike prior to today, and today 142 contract(s) were bought and sold.