9 Financials Stocks With Whale Alerts In Today's Session - Lincoln National (NYSE:LNC), Citigroup (NYSE:C), Western Alliance (NYSE:WAL), 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:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Strike Price	Total Trade Price	Open Interest	Volume
C	CALL	SWEEP	BEARISH	07/14/23	$47.00	$42.7K	3.4K	3.0K
MS	PUT	TRADE	BULLISH	09/20/24	$65.00	$598.0K	0	2.0K
XP	PUT	SWEEP	BEARISH	07/14/23	$22.50	$27.1K	6	780
JPM	CALL	SWEEP	BULLISH	01/19/24	$150.00	$27.9K	17.7K	706
NU	CALL	SWEEP	BULLISH	07/19/24	$10.00	$25.8K	10.7K	349
MTB	PUT	SWEEP	BULLISH	10/20/23	$130.00	$33.6K	175	57
LNC	CALL	TRADE	NEUTRAL	06/21/24	$25.00	$25.7K	209	50
COIN	CALL	TRADE	NEUTRAL	01/17/25	$85.00	$53.2K	296	20
WAL	PUT	SWEEP	BULLISH	01/19/24	$32.50	$33.1K	178	1

Explanation

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

• For C C, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on July 14, 2023. This event was a transfer of 1066 contract(s) at a $47.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $42.7K, with a price of $40.0 per contract. There were 3473 open contracts at this strike prior to today, and today 3096 contract(s) were bought and sold.

• For MS MS, we notice a put option trade that happens to be bullish, expiring in 438 day(s) on September 20, 2024. This event was a transfer of 2000 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $598.0K, with a price of $299.0 per contract. There were 0 open contracts at this strike prior to today, and today 2000 contract(s) were bought and sold.

• Regarding XP XP, we observe a put option sweep with bearish sentiment. It expires in 4 day(s) on July 14, 2023. Parties traded 774 contract(s) at a $22.50 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 $27.1K, with a price of $35.0 per contract. There were 6 open contracts at this strike prior to today, and today 780 contract(s) were bought and sold.

• For JPM JPM, we notice a call option sweep that happens to be bullish, expiring in 193 day(s) on January 19, 2024. This event was a transfer of 36 contract(s) at a $150.00 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 $27.9K, with a price of $777.0 per contract. There were 17780 open contracts at this strike prior to today, and today 706 contract(s) were bought and sold.

• For NU NU, we notice a call option sweep that happens to be bullish, expiring in 375 day(s) on July 19, 2024. This event was a transfer of 300 contract(s) at a $10.00 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 $25.8K, with a price of $86.0 per contract. There were 10725 open contracts at this strike prior to today, and today 349 contract(s) were bought and sold.

• For MTB MTB, we notice a put option sweep that happens to be bullish, expiring in 102 day(s) on October 20, 2023. This event was a transfer of 37 contract(s) at a $130.00 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 $33.6K, with a price of $910.0 per contract. There were 175 open contracts at this strike prior to today, and today 57 contract(s) were bought and sold.

• For LNC LNC, we notice a call option trade that happens to be neutral, expiring in 347 day(s) on June 21, 2024. This event was a transfer of 50 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $25.7K, with a price of $515.0 per contract. There were 209 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold.

• Regarding COIN COIN, we observe a call option trade with neutral sentiment. It expires in 557 day(s) on January 17, 2025. Parties traded 20 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $53.2K, with a price of $2664.0 per contract. There were 296 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold.

• For WAL WAL, we notice a put option sweep that happens to be bullish, expiring in 193 day(s) on January 19, 2024. This event was a transfer of 85 contract(s) at a $32.50 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $33.1K, with a price of $390.0 per contract. There were 178 open contracts at this strike prior to today, and today 1 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.

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