10 Whale Activity Healthcare Stocks in Today’s Session – Elanco Animal Health (NYSE:ELAN), Exact Sciences (NASDAQ:EXAS), Johnson & Johnson (NYSE:JNJ), Merck & Co (NYSE:MRK), Thermo Fisher Scientific (NYSE : TMO), Jasper Therapeutics (NASDAQ:JSPR), AbbVie (NYSE:ABBV), Novavax (NASDAQ:NVAX), Teva Pharmaceutical Indus (NYSE:TEVA), Amgen (NASDAQ:AMGN)

This whale alert can help traders discover the next big trading opportunities.

Whales are entities with large sums of money and we monitor their transactions here in Benzinga on our options activity scanner.

Traders will look for circumstances where the market estimate of an option deviates significantly from its normal value. High amounts of trading activity could push option prices to over- or undervalued levels.

Here is the list of options activities going on in today’s session:

Symbol PUT/CALL Commercial type Feeling Exp. Date Strike price Total commercial price Open interest Volume
TEVA CALL SWEEP BULLISH 03/17/23 $10.00 $25.6K 28.0K 9.6K
jsp extension PUT SWEEP REBORDER 01/20/23 $2.50 $27.0K 2.1K 1.5K
ABBV CALL TRADE BULLISH 02/17/23 $175.00 $152.0K 4.1K 1.0K
AMGN extension PUT SWEEP REBORDER 01/06/23 $265.00 $37.0K 89 929
MRK extension PUT SWEEP BULLISH 01/06/23 $113.00 $93.3K 31 928
NVAX PUT SWEEP REBORDER 03/17/23 $15.00 $436.7K 2.2K 787
JNJ extension CALL SWEEP REBORDER 02/17/23 $180.00 $93.0K 5.1K 695
OTM extension PUT SWEEP BULLISH 03/17/23 $500.00 $42.8K 278 267
ELAN CALL SWEEP REBORDER 02/17/23 $11.00 $40.6K 0 240
EXAS PUT SWEEP BULLISH 07/21/23 $50.00 $37.2K 74 100

Explanation

These point-by-point explanations have been constructed using the attached table.

• For TEVA TEVAwe note a call option sweep seems to be bullishdue in 72 days March 17, 2023. This event was a transfer of 267 contract(s) at a $10.00 to hit. This particular call had to be split into 20 different operations to be fulfilled. The total cost received by the writing party (or parties) was $25.6Kwith a price of $96.0 by contract. There were 28057 contracts open to this strike before today and today 9661 contracts were bought and sold.

• With regard to jsp extension jsp extensionwe observe a put option sweep with bearish feeling. Expires in 16 days January 20, 2023. Parts swapped 387 contract(s) at a $2.50 to hit. This particular put had to be split into 4 different trades to fill. The total cost received by the writing party (or parties) was $27.0Kwith a price of $70.0 by contract. There were 2196 contracts open to this strike before today and today 1552 contracts were bought and sold.

• For ABBV ABBVwe note a call option trade seems to be bullishdue in 44 days February 17, 2023. This event was a transfer of 1000 contract(s) at a $175.00 to hit. The total cost received by the writing party (or parties) was $152.0Kwith a price of $152.0 by contract. There were 4150 contracts open to this strike before today and today 1079 contracts were bought and sold.

• For AMGN extension AMGN extensionwe note a put option sweep seems to be bearishdue in 2 day(s). January 6, 2023. This event was a transfer of 185 contract(s) at a $265.00 to hit. This particular put had to be split into 55 different trades to fill. The total cost received by the writing party (or parties) was $37.0Kwith a price of $200.0 by contract. There were 89 contracts open to this strike before today and today 929 contracts were bought and sold.

• With regard to MRK extension MRK extensionwe observe a put option sweep with bullish feeling. Expires in 2 day(s). January 6, 2023. Parts swapped 898 contract(s) at a $113.00 to hit. This particular put needed to be split into 65 different trades in order to fill. The total cost received by the writing party (or parties) was $93.3Kwith a price of $103.0 by contract. There were 31 contracts open to this strike before today and today 928 contracts were bought and sold.

• With regard to NVAX NVAXwe observe a put option sweep with bearish feeling. Expires in 72 days March 17, 2023. Parts swapped 787 contract(s) at a $15.00 to hit. This particular put had to be split into 52 different trades in order to fill. The total cost received by the writing party (or parties) was $436.7Kwith a price of $555.0 by contract. There were 2225 contracts open to this strike before today and today 787 contracts were bought and sold.

• For JNJ extension JNJ extensionwe note a call option sweep seems to be bearishdue in 44 days February 17, 2023. This event was a transfer of 200 contract(s) at a $180.00 to hit. This particular call had to be split into 10 different operations to be filled. The total cost received by the writing party (or parties) was $93.0Kwith a price of $465.0 by contract. There were 5123 contracts open to this strike before today and today 695 contracts were bought and sold.

• For OTM extension OTM extensionwe note a put option sweep seems to be bullishdue in 72 days March 17, 2023. This event was a transfer of 57 contract(s) at a $500.00 to hit. This particular put needed to be split into 16 different trades in order to fill. The total cost received by the writing party (or parties) was $42.8Kwith a price of $750.0 by contract. There were 278 contracts open to this strike before today and today 267 contracts were bought and sold.

• With regard to ELAN ELANwe observe a call option sweep with bearish feeling. Expires in 44 days February 17, 2023. Parts swapped 200 contract(s) at a $11.00 to hit. This particular call had to be split into 3 different operations to be filled. The total cost received by the writing party (or parties) was $40.6Kwith a price of $205.0 by contract. There were 0 contracts open to this strike before today and today 240 contracts were bought and sold.

• With regard to EXAS EXASwe observe a put option sweep with bullish feeling. Expires in 198 days July 21, 2023. Parts swapped 40 contract(s) at a $50.00 to hit. This particular put had to be split into 4 different trades to fill. The total cost received by the writing party (or parties) was $37.2Kwith a price of $930.0 by contract. There were 74 contracts open to this strike before today and today 100 contracts were bought and sold.

Alert terminology options
Call contracts: The right to purchase shares as specified in the contract.
Put the contracts: The right to sell the shares as specified in the contract.
Expiration date: When the contract expires. You have to act on the contract by this date if you want to use it.
Premium/option price: The price of the contract.

For more information, visit our Help in understanding options alerts or read more about the unusual options business.

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

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