10 Health Care Stocks With Whale Alerts 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 bullet-by-bullet explanations have been constructed using the accompanying table.

• Regarding BCLI (NASDAQ:BCLI), we observe a put option trade with bullish sentiment. It expires in 22 day(s) on October 20, 2023. Parties traded 2500 contract(s) at a $1.00 strike. The total cost received by the writing party (or parties) was $200.0K, with a price of $80.0 per contract. There were 17518 open contracts at this strike prior to today, and today 11865 contract(s) were bought and sold.

• For CVS (NYSE:CVS), we notice a call option trade that happens to be bearish, expiring in 50 day(s) on November 17, 2023. This event was a transfer of 1000 contract(s) at a $72.50 strike. The total cost received by the writing party (or parties) was $172.0K, with a price of $172.0 per contract. There were 7153 open contracts at this strike prior to today, and today 1160 contract(s) were bought and sold.

• Regarding ICPT (NASDAQ:ICPT), we observe a call option trade with bearish sentiment. It expires in 113 day(s) on January 19, 2024. Parties traded 85 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $33.1K, with a price of $390.0 per contract. There were 738 open contracts at this strike prior to today, and today 613 contract(s) were bought and sold.

• For ZBH (NYSE:ZBH), we notice a call option sweep that happens to be bearish, expiring in 22 day(s) on October 20, 2023. This event was a transfer of 165 contract(s) at a $115.00 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 $28.8K, with a price of $175.0 per contract. There were 244 open contracts at this strike prior to today, and today 532 contract(s) were bought and sold.

• Regarding JNJ (NYSE:JNJ), we observe a call option sweep with bullish sentiment. It expires in 78 day(s) on December 15, 2023. Parties traded 118 contract(s) at a $160.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $44.2K, with a price of $375.0 per contract. There were 444 open contracts at this strike prior to today, and today 493 contract(s) were bought and sold.

• Regarding EYPT (NASDAQ:EYPT), we observe a put option sweep with bullish sentiment. It expires in 113 day(s) on January 19, 2024. Parties traded 272 contract(s) at a $17.50 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $304.6K, with a price of $1120.0 per contract. There were 61 open contracts at this strike prior to today, and today 476 contract(s) were bought and sold.

• For BBIO (NASDAQ:BBIO), we notice a put option sweep that happens to be bearish, expiring in 232 day(s) on May 17, 2024. This event was a transfer of 174 contract(s) at a $20.00 strike. This particular put needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $46.1K, with a price of $265.0 per contract. There were 2147 open contracts at this strike prior to today, and today 371 contract(s) were bought and sold.

• For REGN (NASDAQ:REGN), we notice a put option sweep that happens to be bearish, expiring in 477 day(s) on January 17, 2025. This event was a transfer of 86 contract(s) at a $770.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $534.0K, with a price of $6210.0 per contract. There were 167 open contracts at this strike prior to today, and today 74 contract(s) were bought and sold.

• Regarding ALGN (NASDAQ:ALGN), we observe a put option sweep with bearish sentiment. It expires in 204 day(s) on April 19, 2024. Parties traded 8 contract(s) at a $310.00 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 $29.1K, with a price of $3640.0 per contract. There were 164 open contracts at this strike prior to today, and today 37 contract(s) were bought and sold.

• Regarding HZNP (NASDAQ:HZNP), we observe a call option sweep with bullish sentiment. It expires in 50 day(s) on November 17, 2023. Parties traded 18 contract(s) at a $100.00 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 $29.5K, with a price of $1640.0 per contract. There were 571 open contracts at this strike prior to today, and today 18 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.