| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
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| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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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.
Below are some instances of options activity happening in the Health Care sector:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| LLY | CALL | SWEEP | BEARISH | 11/10/23 | $610.00 | $31.5K | 1.0K | 2.9K |
| DXCM | PUT | TRADE | BULLISH | 11/17/23 | $90.00 | $225.0K | 3.5K | 2.6K |
| NVO | CALL | SWEEP | NEUTRAL | 01/19/24 | $110.00 | $67.6K | 6.1K | 1.7K |
| DVA | CALL | SWEEP | BEARISH | 11/17/23 | $80.00 | $26.5K | 1.7K | 827 |
| MDT | PUT | SWEEP | BEARISH | 12/15/23 | $70.00 | $83.0K | 5.5K | 651 |
| STVN | PUT | TRADE | BULLISH | 12/15/23 | $25.00 | $42.5K | 317 | 500 |
| DRRX | PUT | SWEEP | BEARISH | 12/15/23 | $2.50 | $37.0K | 15.5K | 270 |
| EXAS | PUT | SWEEP | NEUTRAL | 01/19/24 | $67.50 | $67.5K | 202 | 91 |
| BIIB | CALL | TRADE | BEARISH | 06/21/24 | $245.00 | $60.0K | 40 | 38 |
| MEDP | PUT | SWEEP | BEARISH | 03/15/24 | $260.00 | $34.5K | 142 | 22 |
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding LLY (NYSE:LLY), we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on November 10, 2023. Parties traded 65 contract(s) at a $610.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $31.5K, with a price of $485.0 per contract. There were 1057 open contracts at this strike prior to today, and today 2989 contract(s) were bought and sold.
• For DXCM (NASDAQ:DXCM), we notice a put option trade that happens to be bullish, expiring in 9 day(s) on November 17, 2023. This event was a transfer of 1000 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $225.0K, with a price of $225.0 per contract. There were 3538 open contracts at this strike prior to today, and today 2623 contract(s) were bought and sold.
• Regarding NVO (NYSE:NVO), we observe a call option sweep with neutral sentiment. It expires in 72 day(s) on January 19, 2024. Parties traded 253 contract(s) at a $110.00 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 $67.6K, with a price of $270.0 per contract. There were 6179 open contracts at this strike prior to today, and today 1788 contract(s) were bought and sold.
• For DVA (NYSE:DVA), we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on November 17, 2023. This event was a transfer of 52 contract(s) at a $80.00 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 $26.5K, with a price of $510.0 per contract. There were 1748 open contracts at this strike prior to today, and today 827 contract(s) were bought and sold.
• Regarding MDT (NYSE:MDT), we observe a put option sweep with bearish sentiment. It expires in 37 day(s) on December 15, 2023. Parties traded 500 contract(s) at a $70.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $83.0K, with a price of $166.0 per contract. There were 5516 open contracts at this strike prior to today, and today 651 contract(s) were bought and sold.
• Regarding STVN (NYSE:STVN), we observe a put option trade with bullish sentiment. It expires in 37 day(s) on December 15, 2023. Parties traded 500 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $42.5K, with a price of $85.0 per contract. There were 317 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.
• For DRRX (NASDAQ:DRRX), we notice a put option sweep that happens to be bearish, expiring in 37 day(s) on December 15, 2023. This event was a transfer of 190 contract(s) at a $2.50 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $37.0K, with a price of $195.0 per contract. There were 15592 open contracts at this strike prior to today, and today 270 contract(s) were bought and sold.
• For EXAS (NASDAQ:EXAS), we notice a put option sweep that happens to be neutral, expiring in 72 day(s) on January 19, 2024. This event was a transfer of 90 contract(s) at a $67.50 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 $67.5K, with a price of $752.0 per contract. There were 202 open contracts at this strike prior to today, and today 91 contract(s) were bought and sold.
• For BIIB (NASDAQ:BIIB), we notice a call option trade that happens to be bearish, expiring in 226 day(s) on June 21, 2024. This event was a transfer of 30 contract(s) at a $245.00 strike. The total cost received by the writing party (or parties) was $60.0K, with a price of $2000.0 per contract. There were 40 open contracts at this strike prior to today, and today 38 contract(s) were bought and sold.
• Regarding MEDP (NASDAQ:MEDP), we observe a put option sweep with bearish sentiment. It expires in 128 day(s) on March 15, 2024. Parties traded 22 contract(s) at a $260.00 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 $34.5K, with a price of $1570.0 per contract. There were 142 open contracts at this strike prior to today, and today 22 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.
