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 ACAD (NASDAQ:ACAD), we observe a call option trade with bullish sentiment. It expires in 46 day(s) on November 17, 2023. Parties traded 3000 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $195.0K, with a price of $65.0 per contract. There were 298 open contracts at this strike prior to today, and today 3010 contract(s) were bought and sold.

• For TEVA (NYSE:TEVA), we notice a call option sweep that happens to be bearish, expiring in 74 day(s) on December 15, 2023. This event was a transfer of 707 contract(s) at a $10.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $52.0K, with a price of $73.0 per contract. There were 60292 open contracts at this strike prior to today, and today 2851 contract(s) were bought and sold.

• Regarding ICPT (NASDAQ:ICPT), we observe a call option sweep with bullish sentiment. It expires in 74 day(s) on December 15, 2023. Parties traded 100 contract(s) at a $15.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $39.0K, with a price of $390.0 per contract. There were 929 open contracts at this strike prior to today, and today 300 contract(s) were bought and sold.

• Regarding IMCR (NASDAQ:IMCR), we observe a put option sweep with bearish sentiment. It expires in 18 day(s) on October 20, 2023. Parties traded 73 contract(s) at a $55.00 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 $56.7K, with a price of $770.0 per contract. There were 250 open contracts at this strike prior to today, and today 122 contract(s) were bought and sold.

• Regarding PTCT (NASDAQ:PTCT), we observe a call option sweep with bullish sentiment. It expires in 165 day(s) on March 15, 2024. Parties traded 72 contract(s) at a $21.00 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 $30.4K, with a price of $424.0 per contract. There were 0 open contracts at this strike prior to today, and today 102 contract(s) were bought and sold.

• For LNTH (NASDAQ:LNTH), we notice a call option sweep that happens to be bullish, expiring in 46 day(s) on November 17, 2023. This event was a transfer of 85 contract(s) at a $65.00 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 $58.6K, with a price of $690.0 per contract. There were 9 open contracts at this strike prior to today, and today 92 contract(s) were bought and sold.

• Regarding OGN (NYSE:OGN), we observe a call option trade with bullish sentiment. It expires in 837 day(s) on January 16, 2026. Parties traded 50 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $36.0K, with a price of $720.0 per contract. There were 100 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold.

• For MRK (NYSE:MRK), we notice a put option trade that happens to be bearish, expiring in 109 day(s) on January 19, 2024. This event was a transfer of 30 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $27.7K, with a price of $925.0 per contract. There were 4921 open contracts at this strike prior to today, and today 30 contract(s) were bought and sold.

• For REGN (NASDAQ:REGN), we notice a put option sweep that happens to be bullish, expiring in 473 day(s) on January 17, 2025. This event was a transfer of 18 contract(s) at a $800.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $146.6K, with a price of $8163.0 per contract. There were 159 open contracts at this strike prior to today, and today 22 contract(s) were bought and sold.

• For BGNE (NASDAQ:BGNE), we notice a put option trade that happens to be bearish, expiring in 46 day(s) on November 17, 2023. This event was a transfer of 6 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $43.5K, with a price of $7250.0 per contract. There were 6 open contracts at this strike prior to today, and today 6 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.