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.

• For NVAX (NASDAQ:NVAX), we notice a put option sweep that happens to be bearish, expiring in 687 day(s) on January 16, 2026. This event was a transfer of 909 contract(s) at a $2.50 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $80.7K, with a price of $89.0 per contract. There were 7911 open contracts at this strike prior to today, and today 4853 contract(s) were bought and sold.

• For CVS (NYSE:CVS), we notice a put option sweep that happens to be bullish, expiring in 8 day(s) on March 8, 2024. This event was a transfer of 206 contract(s) at a $75.00 strike. This particular put needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $36.8K, with a price of $179.0 per contract. There were 2859 open contracts at this strike prior to today, and today 2143 contract(s) were bought and sold.

• For IOVA (NASDAQ:IOVA), we notice a call option sweep that happens to be bearish, expiring in 50 day(s) on April 19, 2024. This event was a transfer of 627 contract(s) at a $20.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $40.8K, with a price of $65.0 per contract. There were 3429 open contracts at this strike prior to today, and today 1106 contract(s) were bought and sold.

• Regarding VKTX (NASDAQ:VKTX), we observe a call option trade with bullish sentiment. It expires in 1 day(s) on March 1, 2024. Parties traded 100 contract(s) at a $82.00 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $260.0 per contract. There were 10 open contracts at this strike prior to today, and today 274 contract(s) were bought and sold.

• For MOH (NYSE:MOH), we notice a put option trade that happens to be bullish, expiring in 15 day(s) on March 15, 2024. This event was a transfer of 45 contract(s) at a $390.00 strike. The total cost received by the writing party (or parties) was $26.1K, with a price of $580.0 per contract. There were 31 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.

• For LLY (NYSE:LLY), we notice a call option trade that happens to be neutral, expiring in 50 day(s) on April 19, 2024. This event was a transfer of 9 contract(s) at a $750.00 strike. The total cost received by the writing party (or parties) was $32.2K, with a price of $3580.0 per contract. There were 489 open contracts at this strike prior to today, and today 191 contract(s) were bought and sold.

• For ALNY (NASDAQ:ALNY), we notice a call option sweep that happens to be bearish, expiring in 204 day(s) on September 20, 2024. This event was a transfer of 59 contract(s) at a $200.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $78.4K, with a price of $1330.0 per contract. There were 423 open contracts at this strike prior to today, and today 138 contract(s) were bought and sold.

• For AKRO (NASDAQ:AKRO), we notice a call option sweep that happens to be bullish, expiring in 15 day(s) on March 15, 2024. This event was a transfer of 184 contract(s) at a $32.50 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $43.2K, with a price of $235.0 per contract. There were 109 open contracts at this strike prior to today, and today 125 contract(s) were bought and sold.

• For CI (NYSE:CI), we notice a call option trade that happens to be bullish, expiring in 477 day(s) on June 20, 2025. This event was a transfer of 120 contract(s) at a $420.00 strike. The total cost received by the writing party (or parties) was $178.8K, with a price of $1490.0 per contract. There were 0 open contracts at this strike prior to today, and today 120 contract(s) were bought and sold.

• For PRTA (NASDAQ:PRTA), we notice a call option trade that happens to be bullish, expiring in 113 day(s) on June 21, 2024. This event was a transfer of 50 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $33.0K, with a price of $660.0 per contract. There were 2 open contracts at this strike prior to today, and today 92 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.