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 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 Health Care sector:

Explanation

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

• For AVXL AVXL, we notice a call option trade that happens to be bullish, expiring in 238 day(s) on January 19, 2024. This event was a transfer of 200 contract(s) at a $12.00 strike. The total cost received by the writing party (or parties) was $42.0K, with a price of $210.0 per contract. There were 110 open contracts at this strike prior to today, and today 902 contract(s) were bought and sold.

• Regarding CVS CVS, we observe a call option sweep with bullish sentiment. It expires in 238 day(s) on January 19, 2024. Parties traded 300 contract(s) at a $85.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $28.1K, with a price of $93.0 per contract. There were 1757 open contracts at this strike prior to today, and today 402 contract(s) were bought and sold.

• For VRTX VRTX, we notice a call option sweep that happens to be bearish, expiring in 35 day(s) on June 30, 2023. This event was a transfer of 217 contract(s) at a $340.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $138.9K, with a price of $640.0 per contract. There were 0 open contracts at this strike prior to today, and today 224 contract(s) were bought and sold.

• Regarding GILD GILD, we observe a call option trade with bullish sentiment. It expires in 84 day(s) on August 18, 2023. Parties traded 205 contract(s) at a $77.50 strike. The total cost received by the writing party (or parties) was $72.7K, with a price of $355.0 per contract. There were 572 open contracts at this strike prior to today, and today 208 contract(s) were bought and sold.

• For BMY BMY, we notice a put option sweep that happens to be bullish, expiring in 112 day(s) on September 15, 2023. This event was a transfer of 95 contract(s) at a $67.50 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $45.1K, with a price of $475.0 per contract. There were 2131 open contracts at this strike prior to today, and today 133 contract(s) were bought and sold.

• Regarding MRNA MRNA, we observe a call option trade with bearish sentiment. It expires in 14 day(s) on June 9, 2023. Parties traded 74 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $37.0K, with a price of $500.0 per contract. There were 127 open contracts at this strike prior to today, and today 86 contract(s) were bought and sold.

• For BMRN BMRN, we notice a call option sweep that happens to be bearish, expiring in 147 day(s) on October 20, 2023. This event was a transfer of 40 contract(s) at a $90.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $38.3K, with a price of $959.0 per contract. There were 47 open contracts at this strike prior to today, and today 40 contract(s) were bought and sold.

• Regarding NTRA NTRA, we observe a call option trade with bullish sentiment. It expires in 147 day(s) on October 20, 2023. Parties traded 40 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $36.9K, with a price of $924.0 per contract. There were 0 open contracts at this strike prior to today, and today 40 contract(s) were bought and sold.

• Regarding BNTX BNTX, we observe a call option sweep with bullish sentiment. It expires in 21 day(s) on June 16, 2023. Parties traded 27 contract(s) at a $100.00 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 $26.1K, with a price of $969.0 per contract. There were 207 open contracts at this strike prior to today, and today 35 contract(s) were bought and sold.

• For MDGL MDGL, we notice a call option trade that happens to be bearish, expiring in 147 day(s) on October 20, 2023. This event was a transfer of 33 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $221.1K, with a price of $6700.0 per contract. There were 2204 open contracts at this strike prior to today, and today 34 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 about unusual options activity.

This article was generated by Benzinga's automated content engine and reviewed by an editor.