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 |
|---|---|---|---|---|---|---|---|---|
| BIVI | PUT | TRADE | NEUTRAL | 01/19/24 | $2.50 | $29.1K | 7.0K | 1.0K |
| LLY | CALL | TRADE | BEARISH | 01/19/24 | $610.00 | $30.6K | 424 | 513 |
| TMO | PUT | TRADE | BEARISH | 01/19/24 | $460.00 | $552.0K | 292 | 202 |
| ISRG | PUT | SWEEP | BEARISH | 01/19/24 | $255.00 | $29.2K | 300 | 172 |
| LNTH | CALL | TRADE | BULLISH | 01/17/25 | $115.00 | $26.7K | 123 | 58 |
| AMGN | PUT | SWEEP | BEARISH | 01/16/26 | $280.00 | $113.5K | 8 | 51 |
| ABBV | PUT | SWEEP | BULLISH | 11/17/23 | $155.00 | $48.8K | 152 | 38 |
| UNH | PUT | SWEEP | BEARISH | 12/15/23 | $530.00 | $26.9K | 544 | 35 |
| ABT | PUT | TRADE | NEUTRAL | 11/17/23 | $125.00 | $107.4K | 0 | 35 |
| APLS | CALL | SWEEP | BULLISH | 11/10/23 | $55.00 | $56.4K | 8 | 29 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding BIVI BIVI, we observe a put option trade with neutral sentiment. It expires in 80 day(s) on January 19, 2024. Parties traded 364 contract(s) at a $2.50 strike. The total cost received by the writing party (or parties) was $29.1K, with a price of $80.0 per contract. There were 7059 open contracts at this strike prior to today, and today 1044 contract(s) were bought and sold.
• Regarding LLY LLY, we observe a call option trade with bearish sentiment. It expires in 80 day(s) on January 19, 2024. Parties traded 20 contract(s) at a $610.00 strike. The total cost received by the writing party (or parties) was $30.6K, with a price of $1530.0 per contract. There were 424 open contracts at this strike prior to today, and today 513 contract(s) were bought and sold.
• Regarding TMO TMO, we observe a put option trade with bearish sentiment. It expires in 80 day(s) on January 19, 2024. Parties traded 200 contract(s) at a $460.00 strike. The total cost received by the writing party (or parties) was $552.0K, with a price of $2760.0 per contract. There were 292 open contracts at this strike prior to today, and today 202 contract(s) were bought and sold.
• For ISRG ISRG, we notice a put option sweep that happens to be bearish, expiring in 80 day(s) on January 19, 2024. This event was a transfer of 24 contract(s) at a $255.00 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 $29.2K, with a price of $1220.0 per contract. There were 300 open contracts at this strike prior to today, and today 172 contract(s) were bought and sold.
• For LNTH LNTH, we notice a call option trade that happens to be bullish, expiring in 444 day(s) on January 17, 2025. This event was a transfer of 57 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $26.7K, with a price of $470.0 per contract. There were 123 open contracts at this strike prior to today, and today 58 contract(s) were bought and sold.
• For AMGN AMGN, we notice a put option sweep that happens to be bearish, expiring in 808 day(s) on January 16, 2026. This event was a transfer of 25 contract(s) at a $280.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $113.5K, with a price of $4540.0 per contract. There were 8 open contracts at this strike prior to today, and today 51 contract(s) were bought and sold.
• For ABBV ABBV, we notice a put option sweep that happens to be bullish, expiring in 17 day(s) on November 17, 2023. This event was a transfer of 33 contract(s) at a $155.00 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 $48.8K, with a price of $1480.0 per contract. There were 152 open contracts at this strike prior to today, and today 38 contract(s) were bought and sold.
• Regarding UNH UNH, we observe a put option sweep with bearish sentiment. It expires in 45 day(s) on December 15, 2023. Parties traded 22 contract(s) at a $530.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $26.9K, with a price of $1225.0 per contract. There were 544 open contracts at this strike prior to today, and today 35 contract(s) were bought and sold.
• Regarding ABT ABT, we observe a put option trade with neutral sentiment. It expires in 17 day(s) on November 17, 2023. Parties traded 35 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $107.4K, with a price of $3071.0 per contract. There were 0 open contracts at this strike prior to today, and today 35 contract(s) were bought and sold.
• Regarding APLS APLS, we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on November 10, 2023. Parties traded 376 contract(s) at a $55.00 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 $56.4K, with a price of $150.0 per contract. There were 8 open contracts at this strike prior to today, and today 29 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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