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:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
MRK CALL TRADE BULLISH 07/17/26 $125.00 $110.0K 6.1K 1.5K
CORT CALL SWEEP BULLISH 06/18/26 $75.00 $202.0K 776 501
UNH CALL SWEEP BEARISH 07/17/26 $420.00 $41.4K 2.4K 207
QURE CALL SWEEP BULLISH 06/18/26 $24.00 $61.5K 476 152
ABBV PUT SWEEP BULLISH 07/24/26 $220.00 $27.6K 2 43
TMDX CALL TRADE BEARISH 01/21/28 $125.00 $57.6K 72 36
LLY PUT SWEEP NEUTRAL 03/19/27 $1240.00 $57.5K 1 4

Explanation

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

• Regarding MRK (NYSE:MRK), we observe a call option trade with bullish sentiment. It expires in 38 day(s) on July 17, 2026. Parties traded 500 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $110.0K, with a price of $220.0 per contract. There were 6102 open contracts at this strike prior to today, and today 1535 contract(s) were bought and sold.

• Regarding CORT (NASDAQ:CORT), we observe a call option sweep with bullish sentiment. It expires in 9 day(s) on June 18, 2026. Parties traded 500 contract(s) at a $75.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $202.0K, with a price of $438.0 per contract. There were 776 open contracts at this strike prior to today, and today 501 contract(s) were bought and sold.

• Regarding UNH (NYSE:UNH), we observe a call option sweep with bearish sentiment. It expires in 38 day(s) on July 17, 2026. Parties traded 29 contract(s) at a $420.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $41.4K, with a price of $1430.0 per contract. There were 2426 open contracts at this strike prior to today, and today 207 contract(s) were bought and sold.

• Regarding QURE (NASDAQ:QURE), we observe a call option sweep with bullish sentiment. It expires in 9 day(s) on June 18, 2026. Parties traded 150 contract(s) at a $24.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $61.5K, with a price of $410.0 per contract. There were 476 open contracts at this strike prior to today, and today 152 contract(s) were bought and sold.

• For ABBV (NYSE:ABBV), we notice a put option sweep that happens to be bullish, expiring in 45 day(s) on July 24, 2026. This event was a transfer of 39 contract(s) at a $220.00 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 $27.6K, with a price of $710.0 per contract. There were 2 open contracts at this strike prior to today, and today 43 contract(s) were bought and sold.

• Regarding TMDX (NASDAQ:TMDX), we observe a call option trade with bearish sentiment. It expires in 591 day(s) on January 21, 2028. Parties traded 36 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $57.6K, with a price of $1600.0 per contract. There were 72 open contracts at this strike prior to today, and today 36 contract(s) were bought and sold.

• For LLY (NYSE:LLY), we notice a put option sweep that happens to be neutral, expiring in 283 day(s) on March 19, 2027. This event was a transfer of 3 contract(s) at a $1240.00 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 $57.5K, with a price of $19165.0 per contract. There were 1 open contracts at this strike prior to today, and today 4 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, read more about unusual options activity.

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