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 itemized elaborations have been created using the accompanying table.

• For MRK (NYSE:MRK), we notice a call option sweep that happens to be bearish, expiring in 50 day(s) on June 21, 2024. This event was a transfer of 6893 contract(s) at a $130.00 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 $1.9 million, with a price of $281.0 per contract. There were 3810 open contracts at this strike prior to today, and today 15041 contract(s) were bought and sold.

• Regarding PFE (NYSE:PFE), we observe a call option sweep with bearish sentiment. It expires in 15 day(s) on May 17, 2024. Parties traded 1000 contract(s) at a $28.00 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 $34.0K, with a price of $34.0 per contract. There were 28879 open contracts at this strike prior to today, and today 7554 contract(s) were bought and sold.

• For CVS (NYSE:CVS), we notice a put option trade that happens to be bullish, expiring in 260 day(s) on January 17, 2025. This event was a transfer of 210 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $35.0K, with a price of $167.0 per contract. There were 1424 open contracts at this strike prior to today, and today 1228 contract(s) were bought and sold.

• Regarding AZN (NASDAQ:AZN), we observe a call option sweep with neutral sentiment. It expires in 50 day(s) on June 21, 2024. Parties traded 1000 contract(s) at a $77.50 strike. This particular call needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $171.1K, with a price of $171.0 per contract. There were 3480 open contracts at this strike prior to today, and today 1221 contract(s) were bought and sold.

• For IBRX (NASDAQ:IBRX), we notice a call option sweep that happens to be bullish, expiring in 260 day(s) on January 17, 2025. This event was a transfer of 200 contract(s) at a $10.00 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 $37.0K, with a price of $185.0 per contract. There were 6726 open contracts at this strike prior to today, and today 623 contract(s) were bought and sold.

• For MRNA (NASDAQ:MRNA), we notice a call option trade that happens to be neutral, expiring in 50 day(s) on June 21, 2024. This event was a transfer of 40 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $124.0K, with a price of $3102.0 per contract. There were 915 open contracts at this strike prior to today, and today 299 contract(s) were bought and sold.

• For ESTA (NASDAQ:ESTA), we notice a put option trade that happens to be bearish, expiring in 50 day(s) on June 21, 2024. This event was a transfer of 19 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $39.9K, with a price of $2102.0 per contract. There were 0 open contracts at this strike prior to today, and today 88 contract(s) were bought and sold.

• For UNH (NYSE:UNH), we notice a call option trade that happens to be bearish, expiring in 8 day(s) on May 10, 2024. This event was a transfer of 25 contract(s) at a $475.00 strike. The total cost received by the writing party (or parties) was $45.2K, with a price of $1810.0 per contract. There were 114 open contracts at this strike prior to today, and today 52 contract(s) were bought and sold.

• For BAX (NYSE:BAX), we notice a call option trade that happens to be bearish, expiring in 624 day(s) on January 16, 2026. This event was a transfer of 33 contract(s) at a $27.50 strike. The total cost received by the writing party (or parties) was $38.7K, with a price of $1174.0 per contract. There were 1 open contracts at this strike prior to today, and today 33 contract(s) were bought and sold.

• For HUM (NYSE:HUM), we notice a call option trade that happens to be bearish, expiring in 624 day(s) on January 16, 2026. This event was a transfer of 5 contract(s) at a $320.00 strike. The total cost received by the writing party (or parties) was $29.3K, with a price of $5860.0 per contract. There were 43 open contracts at this strike prior to today, and today 11 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.