This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming levels.
Here's the list of some unusual options activity happening in today's session:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| INO | PUT | SWEEP | NEUTRAL | 05/21/21 | $5.00 | $28.4K | 1.2K | 3.5K |
| CNC | CALL | TRADE | BEARISH | 01/15/21 | $61.00 | $29.7K | 61 | 2.8K |
| FOLD | PUT | TRADE | BULLISH | 02/19/21 | $24.00 | $612.5K | 1 | 2.5K |
| PFE | PUT | SWEEP | BEARISH | 01/08/21 | $37.00 | $33.7K | 1.8K | 1.6K |
| MRK | PUT | TRADE | BEARISH | 12/31/20 | $82.00 | $42.5K | 50 | 1.0K |
| SRNE | CALL | TRADE | BEARISH | 06/18/21 | $12.00 | $25.2K | 1.5K | 833 |
| TDOC | CALL | SWEEP | BULLISH | 12/31/20 | $200.00 | $72.0K | 1.4K | 738 |
| DHR | CALL | TRADE | BULLISH | 02/19/21 | $230.00 | $290.0K | 1.6K | 505 |
| AZN | CALL | SWEEP | BEARISH | 01/20/23 | $85.00 | $60.0K | 665 | 502 |
| ENDP | PUT | TRADE | BULLISH | 01/08/21 | $7.00 | $25.0K | 10 | 500 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For INO INO, we notice a put option sweep that happens to be neutral, expiring in 142 day(s) on May 21, 2021. A trader bought 372 contract(s) at a $5.00 strike. This particular put needed to be split into 31 different trades to become filled. The trader or institution spent $28.4K on this trade with a price of $77.0 per contract. There were 1204 open contracts at this strike prior to today, and today 3528 contract(s) were bought and sold.
• Regarding CNC CNC, we observe a call option trade with bearish sentiment. It expires in 16 day(s) on January 15, 2021. A trader bought 300 contract(s) at a $61.00 strike. The trader or institution spent $29.7K on this trade with a price of $99.0 per contract. There were 61 open contracts at this strike prior to today, and today 2808 contract(s) were bought and sold.
• For FOLD FOLD, we notice a put option trade that happens to be bullish, expiring in 51 day(s) on February 19, 2021. A trader bought 1250 contract(s) at a $24.00 strike. The trader or institution spent $612.5K on this trade with a price of $490.0 per contract. There were 1 open contracts at this strike prior to today, and today 2520 contract(s) were bought and sold.
• Regarding PFE PFE, we observe a put option sweep with bearish sentiment. It expires in 9 day(s) on January 8, 2021. A trader bought 662 contract(s) at a $37.00 strike. This particular put needed to be split into 17 different trades to become filled. The trader or institution spent $33.7K on this trade with a price of $51.0 per contract. There were 1868 open contracts at this strike prior to today, and today 1610 contract(s) were bought and sold.
• For MRK MRK, we notice a put option trade that happens to be bearish, expiring in 1 day(s) on December 31, 2020. A trader bought 500 contract(s) at a $82.00 strike. The trader or institution spent $42.5K on this trade with a price of $85.0 per contract. There were 50 open contracts at this strike prior to today, and today 1007 contract(s) were bought and sold.
• For SRNE SRNE, we notice a call option trade that happens to be bearish, expiring in 170 day(s) on June 18, 2021. A trader bought 200 contract(s) at a $12.00 strike. The trader or institution spent $25.2K on this trade with a price of $126.0 per contract. There were 1533 open contracts at this strike prior to today, and today 833 contract(s) were bought and sold.
• Regarding TDOC TDOC, we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on December 31, 2020. A trader bought 225 contract(s) at a $200.00 strike. This particular call needed to be split into 3 different trades to become filled. The trader or institution spent $72.0K on this trade with a price of $320.0 per contract. There were 1416 open contracts at this strike prior to today, and today 738 contract(s) were bought and sold.
• For DHR DHR, we notice a call option trade that happens to be bullish, expiring in 51 day(s) on February 19, 2021. A trader bought 500 contract(s) at a $230.00 strike. The trader or institution spent $290.0K on this trade with a price of $580.0 per contract. There were 1661 open contracts at this strike prior to today, and today 505 contract(s) were bought and sold.
• For AZN AZN, we notice a call option sweep that happens to be bearish, expiring in 751 day(s) on January 20, 2023. A trader bought 500 contract(s) at a $85.00 strike. This particular call needed to be split into 32 different trades to become filled. The trader or institution spent $60.0K on this trade with a price of $120.0 per contract. There were 665 open contracts at this strike prior to today, and today 502 contract(s) were bought and sold.
• Regarding ENDP ENDP, we observe a put option trade with bullish sentiment. It expires in 9 day(s) on January 8, 2021. A trader bought 500 contract(s) at a $7.00 strike. The trader or institution spent $25.0K on this trade with a price of $50.0 per contract. There were 10 open contracts at this strike prior to today, and today 500 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.
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