This whale alert can help traders discover the next big trade opportunities.
Whales are big money entities and we track their transactions here at Benzinga on our options activity scanner.
Traders will look for circumstances where the market estimate of an option deviates significantly from its normal value. High volumes of trading activity could push option prices to overstated or understated levels.
Here is the list of options activities happening in today’s session:
| Symbol | PUT/CALL | Kind of trade | Feeling | Exp. Date | Strike price | Total trade price | open interest | Volume |
|---|---|---|---|---|---|---|---|---|
| SUITS YOU | TO TELEPHONE | SWEEP | BULLISH | 03/17/23 | $10.00 | $25,600 | 28.0K | 9.6K |
| JSPR | TO PUT | SWEEP | BEARISH | 01/20/23 | $2.50 | $27,000 | 2.1K | 1.5K |
| ABBV | TO TELEPHONE | TRADE | BULLISH | 02/17/23 | $175.00 | $152,000 | 4.1K | 1.0K |
| AMGN | TO PUT | SWEEP | BEARISH | 06/01/23 | $265.00 | $37,000 | 89 | 929 |
| M.K.R. | TO PUT | SWEEP | BULLISH | 06/01/23 | $113.00 | $93,300 | 31 | 928 |
| NVAX | TO PUT | SWEEP | BEARISH | 03/17/23 | $15.00 | $436.7,000 | 2.2K | 787 |
| JNJ | TO TELEPHONE | SWEEP | BEARISH | 02/17/23 | $180.00 | $93,000 | 5.1K | 695 |
| TMO | TO PUT | SWEEP | BULLISH | 03/17/23 | $500.00 | $42,800 | 278 | 267 |
| MOMENTUM | TO TELEPHONE | SWEEP | BEARISH | 02/17/23 | $11.00 | $40.6,000 | 0 | 240 |
| EXA | TO PUT | SWEEP | BULLISH | 07/21/23 | $50.00 | $37.2,000 | 74 | 100 |
Explanation
These bullet-by-bullet explanations have been constructed using the attached table.
• For SUITS YOU SUITS YOUwe notice a to telephone option sweep it happens to be bullishexpiring in 72 day(s) on March 17, 2023. This event was a transfer of 267 one-to-one contract(s) $10.00 hit. This particular call had to be split into 20 different trades to be filled. The total cost received by the writing party (or parties) has been $25,600with a price of $96.0 by contract. There was 28057 contracts open to this strike before today, and today 9661 contract(s) have been bought and sold.
• Re JSPR JSPRwe observe a to put option sweep with bearish feeling. It expires in 16 day(s) on January 20, 2023. Parts exchanged 387 one-to-one contract(s) $2.50 hit. This particular put had to be split into 4 different trades to be filled. The total cost received by the writing party (or parties) has been $27,000with a price of $70.0 by contract. There was 2196 contracts open to this strike before today, and today 1552 contract(s) have been bought and sold.
• For ABBV ABBVwe notice a to telephone option Trade it happens to be bullishexpiring in 44 day(s) on February 17, 2023. This event was a transfer of 1000 one-to-one contract(s) $175.00 hit. The total cost received by the writing party (or parties) has been $152,000with a price of $152.0 by contract. There was 4150 contracts open to this strike before today, and today 1079 contract(s) have been bought and sold.
• For AMGN AMGNwe notice a to put option sweep it happens to be bearishexpiring in 2 day(s) on January 6, 2023. This event was a transfer of 185 one-to-one contract(s) $265.00 hit. This particular position had to be divided into 55 different trades to be filled. The total cost received by the writing party (or parties) has been $37,000with a price of $200.0 by contract. There was 89 contracts open to this strike before today, and today 929 contract(s) have been bought and sold.
• Re M.K.R. M.K.R.we observe a to put option sweep with bullish feeling. It expires in 2 day(s) on January 6, 2023. Parts exchanged 898 one-to-one contract(s) $113.00 hit. This particular position had to be divided into 65 different trades to be filled. The total cost received by the writing party (or parties) has been $93,300with a price of $103.0 by contract. There was 31 contracts open to this strike before today, and today 928 contract(s) have been bought and sold.
• Re NVAX NVAXwe observe a to put option sweep with bearish feeling. It expires in 72 day(s) on March 17, 2023. Parts exchanged 787 one-to-one contract(s) $15.00 hit. This particular position had to be divided into 52 different trades to be filled. The total cost received by the writing party (or parties) has been $436.7,000with a price of $555.0 by contract. There was 2225 contracts open to this strike before today, and today 787 contract(s) have been bought and sold.
• For JNJ JNJwe notice a to telephone option sweep it happens to be bearishexpiring in 44 day(s) on February 17, 2023. This event was a transfer of 200 one-to-one contract(s) $180.00 hit. This particular call had to be split into 10 different trades to be filled. The total cost received by the writing party (or parties) has been $93,000with a price of $465.0 by contract. There was 5123 contracts open to this strike before today, and today 695 contract(s) have been bought and sold.
• For TMO TMOwe notice a to put option sweep it happens to be bullishexpiring in 72 day(s) on March 17, 2023. This event was a transfer of 57 one-to-one contract(s) $500.00 hit. This particular position had to be divided into 16 different trades to be filled. The total cost received by the writing party (or parties) has been $42,800with a price of $750.0 by contract. There was 278 contracts open to this strike before today, and today 267 contract(s) have been bought and sold.
• Re MOMENTUM MOMENTUMwe observe a to telephone option sweep with bearish feeling. It expires in 44 day(s) on February 17, 2023. Parts exchanged 200 one-to-one contract(s) $11.00 hit. This particular call had to be split into 3 different trades to be filled. The total cost received by the writing party (or parties) has been $40.6,000with a price of $205.0 by contract. There was 0 contracts open to this strike before today, and today 240 contract(s) have been bought and sold.
• Re EXA EXAwe observe a to put option sweep with bullish feeling. It expires in 198 day(s) on July 21, 2023. Parts exchanged 40 one-to-one contract(s) $50.00 hit. This particular put had to be split into 4 different trades to be filled. The total cost received by the writing party (or parties) has been $37.2,000with a price of $930.0 by contract. There was 74 contracts open to this strike before today, and today 100 contract(s) have been bought and sold.
Options Alert Terminology
– Call contracts: The right to purchase shares as stated in the contract.
– Put contracts: The right to sell shares as stated in the contract.
– Expiration date: When the contract expires. We must act on the contract on this date if we want to use it.
– Premium/Option Price: The contract price.
For more information visit our Guide to Understanding Options Alerts or learn more about unusual options activity.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.