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 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.

Below are some instances of options activity happening in the Health Care sector:

Explanation

These itemized elaborations have been created using the accompanying table.

• For CVS (NYSE:CVS), we notice a call option trade that happens to be bullish, expiring in 3 day(s) on January 5, 2024. This event was a transfer of 350 contract(s) at a $81.00 strike. The total cost received by the writing party (or parties) was $29.7K, with a price of $85.0 per contract. There were 617 open contracts at this strike prior to today, and today 1383 contract(s) were bought and sold.

• For LLY (NYSE:LLY), we notice a call option sweep that happens to be bullish, expiring in 45 day(s) on February 16, 2024. This event was a transfer of 15 contract(s) at a $600.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $38.3K, with a price of $2557.0 per contract. There were 1073 open contracts at this strike prior to today, and today 851 contract(s) were bought and sold.

• Regarding GILD (NASDAQ:GILD), we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on January 12, 2024. Parties traded 501 contract(s) at a $85.00 strike. This particular call needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $33.6K, with a price of $67.0 per contract. There were 3776 open contracts at this strike prior to today, and today 534 contract(s) were bought and sold.

• Regarding ABBV (NYSE:ABBV), we observe a call option sweep with bearish sentiment. It expires in 17 day(s) on January 19, 2024. Parties traded 50 contract(s) at a $155.00 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 $25.2K, with a price of $505.0 per contract. There were 17585 open contracts at this strike prior to today, and today 505 contract(s) were bought and sold.

• For MRNA (NASDAQ:MRNA), we notice a call option sweep that happens to be bullish, expiring in 45 day(s) on February 16, 2024. This event was a transfer of 50 contract(s) at a $120.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $34.1K, with a price of $685.0 per contract. There were 571 open contracts at this strike prior to today, and today 437 contract(s) were bought and sold.

• For PFE (NYSE:PFE), we notice a call option trade that happens to be bullish, expiring in 381 day(s) on January 17, 2025. This event was a transfer of 50 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $51.2K, with a price of $1025.0 per contract. There were 1839 open contracts at this strike prior to today, and today 112 contract(s) were bought and sold.

• Regarding ALNY (NASDAQ:ALNY), we observe a put option sweep with bullish sentiment. It expires in 108 day(s) on April 19, 2024. Parties traded 38 contract(s) at a $190.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $82.4K, with a price of $2170.0 per contract. There were 91 open contracts at this strike prior to today, and today 110 contract(s) were bought and sold.

• For MRK (NYSE:MRK), we notice a call option sweep that happens to be bullish, expiring in 73 day(s) on March 15, 2024. This event was a transfer of 28 contract(s) at a $100.00 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 $40.6K, with a price of $1450.0 per contract. There were 32 open contracts at this strike prior to today, and today 89 contract(s) were bought and sold.

• For IONS (NASDAQ:IONS), we notice a call option sweep that happens to be bullish, expiring in 17 day(s) on January 19, 2024. This event was a transfer of 100 contract(s) at a $50.00 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 $43.0K, with a price of $430.0 per contract. There were 526 open contracts at this strike prior to today, and today 76 contract(s) were bought and sold.

• Regarding IMGN (NASDAQ:IMGN), we observe a call option sweep with bullish sentiment. It expires in 17 day(s) on January 19, 2024. Parties traded 50 contract(s) at a $15.00 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 $73.0K, with a price of $1460.0 per contract. There were 6497 open contracts at this strike prior to today, and today 50 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.