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
LLY CALL TRADE BEARISH 08/21/26 $1250.00 $39.1K 1.7K 4.8K
SLS CALL TRADE BEARISH 01/21/28 $30.00 $53.0K 4.5K 2.4K
MOH PUT TRADE BEARISH 12/18/26 $200.00 $450.0K 87 278
ABVX CALL SWEEP NEUTRAL 01/21/28 $170.00 $37.8K 223 113
ABBV CALL SWEEP BEARISH 01/15/27 $280.00 $54.0K 1.3K 110
PHR CALL TRADE NEUTRAL 09/18/26 $2.50 $44.7K 20 100
THC CALL SWEEP NEUTRAL 01/15/27 $300.00 $84.0K 75 45
IONS CALL TRADE BULLISH 01/21/28 $60.00 $25.0K 400 39
ELV CALL TRADE BULLISH 01/15/27 $360.00 $40.1K 57 36
AMGN CALL TRADE BEARISH 09/18/26 $370.00 $33.6K 605 34

Explanation

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

• Regarding LLY (NYSE:LLY), we observe a call option trade with bearish sentiment. It expires in 3 day(s) on August 21, 2026. Parties traded 115 contract(s) at a $1250.00 strike. The total cost received by the writing party (or parties) was $39.1K, with a price of $340.0 per contract. There were 1753 open contracts at this strike prior to today, and today 4828 contract(s) were bought and sold.

• Regarding SLS (NASDAQ:SLS), we observe a call option trade with bearish sentiment. It expires in 521 day(s) on January 21, 2028. Parties traded 100 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $53.0K, with a price of $530.0 per contract. There were 4567 open contracts at this strike prior to today, and today 2465 contract(s) were bought and sold.

• For MOH (NYSE:MOH), we notice a put option trade that happens to be bearish, expiring in 122 day(s) on December 18, 2026. This event was a transfer of 250 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $450.0K, with a price of $1800.0 per contract. There were 87 open contracts at this strike prior to today, and today 278 contract(s) were bought and sold.

• Regarding ABVX (NASDAQ:ABVX), we observe a call option sweep with neutral sentiment. It expires in 521 day(s) on January 21, 2028. Parties traded 27 contract(s) at a $170.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $37.8K, with a price of $1400.0 per contract. There were 223 open contracts at this strike prior to today, and today 113 contract(s) were bought and sold.

• For ABBV (NYSE:ABBV), we notice a call option sweep that happens to be bearish, expiring in 150 day(s) on January 15, 2027. This event was a transfer of 54 contract(s) at a $280.00 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 $54.0K, with a price of $1000.0 per contract. There were 1342 open contracts at this strike prior to today, and today 110 contract(s) were bought and sold.

• For PHR (NYSE:PHR), we notice a call option trade that happens to be neutral, expiring in 31 day(s) on September 18, 2026. This event was a transfer of 50 contract(s) at a $2.50 strike. The total cost received by the writing party (or parties) was $44.7K, with a price of $895.0 per contract. There were 20 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold.

• For THC (NYSE:THC), we notice a call option sweep that happens to be neutral, expiring in 150 day(s) on January 15, 2027. This event was a transfer of 44 contract(s) at a $300.00 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 $84.0K, with a price of $1910.0 per contract. There were 75 open contracts at this strike prior to today, and today 45 contract(s) were bought and sold.

• Regarding IONS (NASDAQ:IONS), we observe a call option trade with bullish sentiment. It expires in 521 day(s) on January 21, 2028. Parties traded 20 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $1250.0 per contract. There were 400 open contracts at this strike prior to today, and today 39 contract(s) were bought and sold.

• For ELV (NYSE:ELV), we notice a call option trade that happens to be bullish, expiring in 150 day(s) on January 15, 2027. This event was a transfer of 7 contract(s) at a $360.00 strike. The total cost received by the writing party (or parties) was $40.1K, with a price of $5740.0 per contract. There were 57 open contracts at this strike prior to today, and today 36 contract(s) were bought and sold.

• For AMGN (NASDAQ:AMGN), we notice a call option trade that happens to be bearish, expiring in 31 day(s) on September 18, 2026. This event was a transfer of 6 contract(s) at a $370.00 strike. The total cost received by the writing party (or parties) was $33.6K, with a price of $5600.0 per contract. There were 605 open contracts at this strike prior to today, and today 34 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 news on unusual options activity.

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