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10 Health Care Stocks Showing Unusual Options Activity In Today's Session

Benzinga Insights
·6 min read

This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming levels.

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

Symbol

PUT/CALL

Trade Type

Sentiment

Exp. Date

Strike Price

Total Trade Price

Open Interest

Volume

INO

PUT

SWEEP

NEUTRAL

05/21/21

$5.00

$28.4K

1.2K

3.5K

CNC

CALL

TRADE

BEARISH

01/15/21

$61.00

$29.7K

61

2.8K

FOLD

PUT

TRADE

BULLISH

02/19/21

$24.00

$612.5K

1

2.5K

PFE

PUT

SWEEP

BEARISH

01/08/21

$37.00

$33.7K

1.8K

1.6K

MRK

PUT

TRADE

BEARISH

12/31/20

$82.00

$42.5K

50

1.0K

SRNE

CALL

TRADE

BEARISH

06/18/21

$12.00

$25.2K

1.5K

833

TDOC

CALL

SWEEP

BULLISH

12/31/20

$200.00

$72.0K

1.4K

738

DHR

CALL

TRADE

BULLISH

02/19/21

$230.00

$290.0K

1.6K

505

AZN

CALL

SWEEP

BEARISH

01/20/23

$85.00

$60.0K

665

502

ENDP

PUT

TRADE

BULLISH

01/08/21

$7.00

$25.0K

10

500

Explanation

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

• For INO (NASDAQ:INO), we notice a put option sweep that happens to be neutral, expiring in 142 day(s) on May 21, 2021. A trader bought 372 contract(s) at a $5.00 strike. This particular put needed to be split into 31 different trades to become filled. The trader or institution spent $28.4K on this trade with a price of $77.0 per contract. There were 1204 open contracts at this strike prior to today, and today 3528 contract(s) were bought and sold.

• Regarding CNC (NYSE:CNC), we observe a call option trade with bearish sentiment. It expires in 16 day(s) on January 15, 2021. A trader bought 300 contract(s) at a $61.00 strike. The trader or institution spent $29.7K on this trade with a price of $99.0 per contract. There were 61 open contracts at this strike prior to today, and today 2808 contract(s) were bought and sold.

• For FOLD (NASDAQ:FOLD), we notice a put option trade that happens to be bullish, expiring in 51 day(s) on February 19, 2021. A trader bought 1250 contract(s) at a $24.00 strike. The trader or institution spent $612.5K on this trade with a price of $490.0 per contract. There were 1 open contracts at this strike prior to today, and today 2520 contract(s) were bought and sold.

• Regarding PFE (NYSE:PFE), we observe a put option sweep with bearish sentiment. It expires in 9 day(s) on January 8, 2021. A trader bought 662 contract(s) at a $37.00 strike. This particular put needed to be split into 17 different trades to become filled. The trader or institution spent $33.7K on this trade with a price of $51.0 per contract. There were 1868 open contracts at this strike prior to today, and today 1610 contract(s) were bought and sold.

• For MRK (NYSE:MRK), we notice a put option trade that happens to be bearish, expiring in 1 day(s) on December 31, 2020. A trader bought 500 contract(s) at a $82.00 strike. The trader or institution spent $42.5K on this trade with a price of $85.0 per contract. There were 50 open contracts at this strike prior to today, and today 1007 contract(s) were bought and sold.

• For SRNE (NASDAQ:SRNE), we notice a call option trade that happens to be bearish, expiring in 170 day(s) on June 18, 2021. A trader bought 200 contract(s) at a $12.00 strike. The trader or institution spent $25.2K on this trade with a price of $126.0 per contract. There were 1533 open contracts at this strike prior to today, and today 833 contract(s) were bought and sold.

• Regarding TDOC (NYSE:TDOC), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on December 31, 2020. A trader bought 225 contract(s) at a $200.00 strike. This particular call needed to be split into 3 different trades to become filled. The trader or institution spent $72.0K on this trade with a price of $320.0 per contract. There were 1416 open contracts at this strike prior to today, and today 738 contract(s) were bought and sold.

• For DHR (NYSE:DHR), we notice a call option trade that happens to be bullish, expiring in 51 day(s) on February 19, 2021. A trader bought 500 contract(s) at a $230.00 strike. The trader or institution spent $290.0K on this trade with a price of $580.0 per contract. There were 1661 open contracts at this strike prior to today, and today 505 contract(s) were bought and sold.

• For AZN (NASDAQ:AZN), we notice a call option sweep that happens to be bearish, expiring in 751 day(s) on January 20, 2023. A trader bought 500 contract(s) at a $85.00 strike. This particular call needed to be split into 32 different trades to become filled. The trader or institution spent $60.0K on this trade with a price of $120.0 per contract. There were 665 open contracts at this strike prior to today, and today 502 contract(s) were bought and sold.

• Regarding ENDP (NASDAQ:ENDP), we observe a put option trade with bullish sentiment. It expires in 9 day(s) on January 8, 2021. A trader bought 500 contract(s) at a $7.00 strike. The trader or institution spent $25.0K on this trade with a price of $50.0 per contract. There were 10 open contracts at this strike prior to today, and today 500 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.

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