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.

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

Explanation

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

• Regarding MRNA MRNA, we observe a put option trade with bullish sentiment. It expires in 3 day(s) on January 12, 2024. Parties traded 499 contract(s) at a $113.00 strike. The total cost received by the writing party (or parties) was $194.6K, with a price of $390.0 per contract. There were 683 open contracts at this strike prior to today, and today 632 contract(s) were bought and sold.

• Regarding ILMN ILMN, we observe a call option sweep with neutral sentiment. It expires in 38 day(s) on February 16, 2024. Parties traded 65 contract(s) at a $140.00 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 $72.9K, with a price of $1120.0 per contract. There were 177 open contracts at this strike prior to today, and today 418 contract(s) were bought and sold.

• Regarding CYTK CYTK, we observe a put option sweep with bullish sentiment. It expires in 10 day(s) on January 19, 2024. Parties traded 40 contract(s) at a $95.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $25.2K, with a price of $630.0 per contract. There were 53 open contracts at this strike prior to today, and today 203 contract(s) were bought and sold.

• For ARDX ARDX, we notice a call option trade that happens to be bullish, expiring in 3 day(s) on January 12, 2024. This event was a transfer of 182 contract(s) at a $7.00 strike. The total cost received by the writing party (or parties) was $32.5K, with a price of $179.0 per contract. There were 911 open contracts at this strike prior to today, and today 198 contract(s) were bought and sold.

• Regarding VKTX VKTX, we observe a call option sweep with bullish sentiment. It expires in 129 day(s) on May 17, 2024. Parties traded 55 contract(s) at a $24.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $490.0 per contract. There were 68 open contracts at this strike prior to today, and today 135 contract(s) were bought and sold.

• For INSP INSP, we notice a put option trade that happens to be neutral, expiring in 220 day(s) on August 16, 2024. This event was a transfer of 16 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $35.2K, with a price of $2200.0 per contract. There were 0 open contracts at this strike prior to today, and today 90 contract(s) were bought and sold.

• Regarding UNH UNH, we observe a put option trade with bearish sentiment. It expires in 374 day(s) on January 17, 2025. Parties traded 90 contract(s) at a $530.00 strike. The total cost received by the writing party (or parties) was $327.6K, with a price of $3640.0 per contract. There were 589 open contracts at this strike prior to today, and today 90 contract(s) were bought and sold.

• For HUM HUM, we notice a put option trade that happens to be bullish, expiring in 129 day(s) on May 17, 2024. This event was a transfer of 20 contract(s) at a $435.00 strike. The total cost received by the writing party (or parties) was $29.4K, with a price of $1470.0 per contract. There were 22 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold.

• Regarding SYK SYK, we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on January 19, 2024. Parties traded 16 contract(s) at a $280.00 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 $40.0K, with a price of $2500.0 per contract. There were 585 open contracts at this strike prior to today, and today 17 contract(s) were bought and sold.

• For JNJ JNJ, we notice a put option trade that happens to be bullish, expiring in 10 day(s) on January 19, 2024. This event was a transfer of 10 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $48.5K, with a price of $4855.0 per contract. There were 10 open contracts at this strike prior to today, and today 10 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.