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 |
|---|---|---|---|---|---|---|---|---|
| PFE | CALL | SWEEP | BULLISH | 01/17/25 | $35.00 | $53.5K | 38.4K | 917 |
| ANVS | PUT | TRADE | NEUTRAL | 04/19/24 | $7.50 | $217.5K | 423 | 900 |
| MRNA | PUT | SWEEP | BEARISH | 01/19/24 | $107.00 | $28.6K | 181 | 544 |
| UNH | PUT | SWEEP | BEARISH | 01/17/25 | $510.00 | $49.5K | 533 | 294 |
| GILD | CALL | SWEEP | NEUTRAL | 01/17/25 | $87.50 | $25.2K | 507 | 191 |
| ABBV | CALL | TRADE | BULLISH | 06/21/24 | $180.00 | $30.2K | 1.0K | 172 |
| ISRG | CALL | TRADE | BULLISH | 01/12/24 | $340.00 | $67.1K | 354 | 137 |
| CVS | PUT | SWEEP | BEARISH | 01/17/25 | $77.50 | $33.0K | 1.1K | 103 |
| BMEA | PUT | TRADE | BULLISH | 04/19/24 | $17.50 | $47.5K | 90 | 100 |
| VRTX | PUT | TRADE | NEUTRAL | 06/21/24 | $420.00 | $122.9K | 63 | 51 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding PFE PFE, we observe a call option sweep with bullish sentiment. It expires in 373 day(s) on January 17, 2025. Parties traded 500 contract(s) at a $35.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $53.5K, with a price of $107.0 per contract. There were 38409 open contracts at this strike prior to today, and today 917 contract(s) were bought and sold.
• For ANVS ANVS, we notice a put option trade that happens to be neutral, expiring in 100 day(s) on April 19, 2024. This event was a transfer of 750 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $217.5K, with a price of $290.0 per contract. There were 423 open contracts at this strike prior to today, and today 900 contract(s) were bought and sold.
• Regarding MRNA MRNA, we observe a put option sweep with bearish sentiment. It expires in 9 day(s) on January 19, 2024. Parties traded 110 contract(s) at a $107.00 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 $28.6K, with a price of $260.0 per contract. There were 181 open contracts at this strike prior to today, and today 544 contract(s) were bought and sold.
• For UNH UNH, we notice a put option sweep that happens to be bearish, expiring in 373 day(s) on January 17, 2025. This event was a transfer of 18 contract(s) at a $510.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $49.5K, with a price of $2750.0 per contract. There were 533 open contracts at this strike prior to today, and today 294 contract(s) were bought and sold.
• Regarding GILD GILD, we observe a call option sweep with neutral sentiment. It expires in 373 day(s) on January 17, 2025. Parties traded 36 contract(s) at a $87.50 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $25.2K, with a price of $705.0 per contract. There were 507 open contracts at this strike prior to today, and today 191 contract(s) were bought and sold.
• Regarding ABBV ABBV, we observe a call option trade with bullish sentiment. It expires in 163 day(s) on June 21, 2024. Parties traded 125 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $30.2K, with a price of $242.0 per contract. There were 1056 open contracts at this strike prior to today, and today 172 contract(s) were bought and sold.
• Regarding ISRG ISRG, we observe a call option trade with bullish sentiment. It expires in 2 day(s) on January 12, 2024. Parties traded 46 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $67.1K, with a price of $1460.0 per contract. There were 354 open contracts at this strike prior to today, and today 137 contract(s) were bought and sold.
• Regarding CVS CVS, we observe a put option sweep with bearish sentiment. It expires in 373 day(s) on January 17, 2025. Parties traded 52 contract(s) at a $77.50 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 $33.0K, with a price of $635.0 per contract. There were 1152 open contracts at this strike prior to today, and today 103 contract(s) were bought and sold.
• Regarding BMEA BMEA, we observe a put option trade with bullish sentiment. It expires in 100 day(s) on April 19, 2024. Parties traded 99 contract(s) at a $17.50 strike. The total cost received by the writing party (or parties) was $47.5K, with a price of $480.0 per contract. There were 90 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold.
• For VRTX VRTX, we notice a put option trade that happens to be neutral, expiring in 163 day(s) on June 21, 2024. This event was a transfer of 51 contract(s) at a $420.00 strike. The total cost received by the writing party (or parties) was $122.9K, with a price of $2410.0 per contract. There were 63 open contracts at this strike prior to today, and today 51 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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