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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 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.

Here's the list of options activity happening in today's session:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
NVS CALL TRADE BEARISH 12/16/22 $90.00 $52.1K 1.5K 1.0K
ABT PUT SWEEP BEARISH 12/02/22 $108.00 $39.2K 1.5K 787
BMY CALL SWEEP BEARISH 01/19/24 $82.50 $52.5K 2.9K 435
AXSM CALL SWEEP BEARISH 12/16/22 $77.50 $26.1K 277 422
HALO CALL TRADE NEUTRAL 03/17/23 $45.00 $76.1K 1.2K 254
TMO PUT SWEEP BULLISH 12/02/22 $545.00 $49.8K 1 254
BIIB CALL TRADE NEUTRAL 12/02/22 $305.00 $30.0K 148 161
MRK CALL SWEEP BEARISH 06/16/23 $110.00 $56.2K 2.4K 154
EXAS PUT TRADE BULLISH 01/19/24 $45.00 $158.2K 3.8K 119
TEVA CALL SWEEP BEARISH 01/20/23 $5.00 $37.2K 9.9K 100

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• For NVS (NYSE:NVS), we notice a call option trade that happens to be bearish, expiring in 18 day(s) on December 16, 2022. This event was a transfer of 803 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $52.1K, with a price of $65.0 per contract. There were 1590 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.

• For ABT (NYSE:ABT), we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on December 2, 2022. This event was a transfer of 154 contract(s) at a $108.00 strike. This particular put needed to be split into 39 different trades to become filled. The total cost received by the writing party (or parties) was $39.2K, with a price of $255.0 per contract. There were 1502 open contracts at this strike prior to today, and today 787 contract(s) were bought and sold.

• For BMY (NYSE:BMY), we notice a call option sweep that happens to be bearish, expiring in 417 day(s) on January 19, 2024. This event was a transfer of 75 contract(s) at a $82.50 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 $52.5K, with a price of $700.0 per contract. There were 2932 open contracts at this strike prior to today, and today 435 contract(s) were bought and sold.

• Regarding AXSM (NASDAQ:AXSM), we observe a call option sweep with bearish sentiment. It expires in 18 day(s) on December 16, 2022. Parties traded 66 contract(s) at a $77.50 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 $26.1K, with a price of $390.0 per contract. There were 277 open contracts at this strike prior to today, and today 422 contract(s) were bought and sold.

• Regarding HALO (NASDAQ:HALO), we observe a call option trade with neutral sentiment. It expires in 109 day(s) on March 17, 2023. Parties traded 56 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $76.1K, with a price of $1360.0 per contract. There were 1288 open contracts at this strike prior to today, and today 254 contract(s) were bought and sold.

• Regarding TMO (NYSE:TMO), we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on December 2, 2022. Parties traded 60 contract(s) at a $545.00 strike. This particular put needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $49.8K, with a price of $830.0 per contract. There were 1 open contracts at this strike prior to today, and today 254 contract(s) were bought and sold.

• For BIIB (NASDAQ:BIIB), we notice a call option trade that happens to be neutral, expiring in 4 day(s) on December 2, 2022. This event was a transfer of 75 contract(s) at a $305.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $400.0 per contract. There were 148 open contracts at this strike prior to today, and today 161 contract(s) were bought and sold.

• For MRK (NYSE:MRK), we notice a call option sweep that happens to be bearish, expiring in 200 day(s) on June 16, 2023. This event was a transfer of 76 contract(s) at a $110.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $56.2K, with a price of $740.0 per contract. There were 2448 open contracts at this strike prior to today, and today 154 contract(s) were bought and sold.

• For EXAS (NASDAQ:EXAS), we notice a put option trade that happens to be bullish, expiring in 417 day(s) on January 19, 2024. This event was a transfer of 119 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $158.2K, with a price of $1330.0 per contract. There were 3850 open contracts at this strike prior to today, and today 119 contract(s) were bought and sold.

• Regarding TEVA (NYSE:TEVA), we observe a call option sweep with bearish sentiment. It expires in 53 day(s) on January 20, 2023. Parties traded 100 contract(s) at a $5.00 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 $37.2K, with a price of $374.0 per contract. There were 9925 open contracts at this strike prior to today, and today 100 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.

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.