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.

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
TLRY PUT SWEEP BEARISH 01/15/27 $1.00 $36.8K 5.2K 16.1K
A CALL TRADE BEARISH 01/15/27 $110.00 $51.8K 6.7K 368
NVO CALL TRADE BULLISH 01/15/27 $45.00 $59.7K 2.8K 325
UNH CALL TRADE BULLISH 01/15/27 $400.00 $75.2K 10.7K 84
REGN PUT TRADE BEARISH 01/15/27 $840.00 $94.1K 11 7
LLY CALL SWEEP NEUTRAL 12/18/26 $1340.00 $33.1K 69 6

Explanation

These itemized elaborations have been created using the accompanying table.

• For TLRY (NASDAQ:TLRY), we notice a put option sweep that happens to be bearish, expiring in 165 day(s) on January 15, 2027. This event was a transfer of 767 contract(s) at a $1.00 strike. This particular put needed to be split into 80 different trades to become filled. The total cost received by the writing party (or parties) was $36.8K, with a price of $48.0 per contract. There were 5286 open contracts at this strike prior to today, and today 16165 contract(s) were bought and sold.

• Regarding A (NYSE:A), we observe a call option trade with bearish sentiment. It expires in 165 day(s) on January 15, 2027. Parties traded 10 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $51.8K, with a price of $5180.0 per contract. There were 6754 open contracts at this strike prior to today, and today 368 contract(s) were bought and sold.

• Regarding NVO (NYSE:NVO), we observe a call option trade with bullish sentiment. It expires in 165 day(s) on January 15, 2027. Parties traded 50 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $59.7K, with a price of $1195.0 per contract. There were 2850 open contracts at this strike prior to today, and today 325 contract(s) were bought and sold.

• For UNH (NYSE:UNH), we notice a call option trade that happens to be bullish, expiring in 165 day(s) on January 15, 2027. This event was a transfer of 25 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $75.2K, with a price of $3010.0 per contract. There were 10735 open contracts at this strike prior to today, and today 84 contract(s) were bought and sold.

• For REGN (NASDAQ:REGN), we notice a put option trade that happens to be bearish, expiring in 165 day(s) on January 15, 2027. This event was a transfer of 7 contract(s) at a $840.00 strike. The total cost received by the writing party (or parties) was $94.1K, with a price of $13450.0 per contract. There were 11 open contracts at this strike prior to today, and today 7 contract(s) were bought and sold.

• For LLY (NYSE:LLY), we notice a call option sweep that happens to be neutral, expiring in 137 day(s) on December 18, 2026. This event was a transfer of 4 contract(s) at a $1340.00 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 $33.1K, with a price of $8285.0 per contract. There were 69 open contracts at this strike prior to today, and today 6 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.