10 Industrials 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.

Below are some instances of options activity happening in the Industrials sector:

Explanation

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

• Regarding CHPT CHPT, we observe a put option trade with bearish sentiment. It expires in 31 day(s) on October 20, 2023. Parties traded 2500 contract(s) at a $7.00 strike. The total cost received by the writing party (or parties) was $450.0K, with a price of $180.0 per contract. There were 16618 open contracts at this strike prior to today, and today 5510 contract(s) were bought and sold.

• Regarding FDX FDX, we observe a put option trade with bearish sentiment. It expires in 3 day(s) on September 22, 2023. Parties traded 50 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $40.9K, with a price of $818.0 per contract. There were 554 open contracts at this strike prior to today, and today 1390 contract(s) were bought and sold.

• Regarding ADP ADP, we observe a put option trade with bearish sentiment. It expires in 486 day(s) on January 17, 2025. Parties traded 1300 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $754.0K, with a price of $580.0 per contract. There were 69 open contracts at this strike prior to today, and today 1301 contract(s) were bought and sold.

• For AAL AAL, we notice a put option sweep that happens to be bullish, expiring in 59 day(s) on November 17, 2023. This event was a transfer of 1000 contract(s) at a $12.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $29.0K, with a price of $29.0 per contract. There were 37736 open contracts at this strike prior to today, and today 1019 contract(s) were bought and sold.

• Regarding NKLA NKLA, we observe a put option sweep with bearish sentiment. It expires in 122 day(s) on January 19, 2024. Parties traded 578 contract(s) at a $7.00 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 $326.5K, with a price of $565.0 per contract. There were 14691 open contracts at this strike prior to today, and today 711 contract(s) were bought and sold.

• For SPCE SPCE, we notice a put option sweep that happens to be bullish, expiring in 822 day(s) on December 19, 2025. This event was a transfer of 541 contract(s) at a $10.00 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 $433.1K, with a price of $803.0 per contract. There were 272 open contracts at this strike prior to today, and today 541 contract(s) were bought and sold.

• For DAL DAL, we notice a put option sweep that happens to be bullish, expiring in 122 day(s) on January 19, 2024. This event was a transfer of 200 contract(s) at a $37.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $32.8K, with a price of $164.0 per contract. There were 13559 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.

• Regarding SNA SNA, we observe a put option trade with neutral sentiment. It expires in 423 day(s) on November 15, 2024. Parties traded 200 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $70.0K, with a price of $350.0 per contract. There were 0 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.

• Regarding BA BA, we observe a call option sweep with bullish sentiment. It expires in 122 day(s) on January 19, 2024. Parties traded 40 contract(s) at a $210.00 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 $49.0K, with a price of $1225.0 per contract. There were 3155 open contracts at this strike prior to today, and today 110 contract(s) were bought and sold.

• Regarding MMM MMM, we observe a put option trade with neutral sentiment. It expires in 87 day(s) on December 15, 2023. Parties traded 44 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $33.0K, with a price of $750.0 per contract. There were 144 open contracts at this strike prior to today, and today 101 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.