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 A (NYSE:A), we observe a put option trade with bearish sentiment. It expires in 36 day(s) on July 19, 2024. Parties traded 2000 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $620.0K, with a price of $310.0 per contract. There were 423 open contracts at this strike prior to today, and today 1041 contract(s) were bought and sold.

• Regarding ISRG (NASDAQ:ISRG), we observe a call option sweep with bearish sentiment. It expires in 36 day(s) on July 19, 2024. Parties traded 25 contract(s) at a $345.00 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 $203.3K, with a price of $8115.0 per contract. There were 88 open contracts at this strike prior to today, and today 258 contract(s) were bought and sold.

• Regarding HIMS (NYSE:HIMS), we observe a call option trade with bearish sentiment. It expires in 218 day(s) on January 17, 2025. Parties traded 100 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $74.8K, with a price of $748.0 per contract. There were 12168 open contracts at this strike prior to today, and today 174 contract(s) were bought and sold.

• Regarding CVS (NYSE:CVS), we observe a call option sweep with bearish sentiment. It expires in 582 day(s) on January 16, 2026. Parties traded 846 contract(s) at a $70.00 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 $454.7K, with a price of $535.0 per contract. There were 26718 open contracts at this strike prior to today, and today 162 contract(s) were bought and sold.

• For MDT (NYSE:MDT), we notice a put option trade that happens to be bullish, expiring in 64 day(s) on August 16, 2024. This event was a transfer of 108 contract(s) at a $82.50 strike. The total cost received by the writing party (or parties) was $29.0K, with a price of $269.0 per contract. There were 1615 open contracts at this strike prior to today, and today 108 contract(s) were bought and sold.

• For VKTX (NASDAQ:VKTX), we notice a call option trade that happens to be bearish, expiring in 218 day(s) on January 17, 2025. This event was a transfer of 10 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $29.8K, with a price of $2980.0 per contract. There were 417 open contracts at this strike prior to today, and today 89 contract(s) were bought and sold.

• For LLY (NYSE:LLY), we notice a put option sweep that happens to be bearish, expiring in 155 day(s) on November 15, 2024. This event was a transfer of 11 contract(s) at a $800.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $31.4K, with a price of $2860.0 per contract. There were 115 open contracts at this strike prior to today, and today 85 contract(s) were bought and sold.

• Regarding AGIO (NASDAQ:AGIO), we observe a call option trade with bearish sentiment. It expires in 36 day(s) on July 19, 2024. Parties traded 50 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $39.9K, with a price of $799.0 per contract. There were 520 open contracts at this strike prior to today, and today 30 contract(s) were bought and sold.

• For ILMN (NASDAQ:ILMN), we notice a call option trade that happens to be neutral, expiring in 36 day(s) on July 19, 2024. This event was a transfer of 45 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $25.6K, with a price of $570.0 per contract. There were 465 open contracts at this strike prior to today, and today 5 contract(s) were bought and sold.

• Regarding GILD (NASDAQ:GILD), we observe a call option trade with bearish sentiment. It expires in 8 day(s) on June 21, 2024. Parties traded 50 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $44.0K, with a price of $880.0 per contract. There were 72 open contracts at this strike prior to today, and today 0 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 news on unusual options activity.

This article was generated by Benzinga's automated content engine and reviewed by an editor.