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.

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
AXGN CALL SWEEP BULLISH 11/20/26 $40.00 $323.2K 0 1.8K
HIMS CALL TRADE NEUTRAL 01/15/27 $25.00 $67.4K 3.0K 436
ASST CALL TRADE NEUTRAL 03/19/27 $38.00 $27.8K 7.7K 333
CYPH CALL TRADE BULLISH 03/19/27 $4.00 $43.7K 55 264
BIIB CALL TRADE BULLISH 06/17/27 $220.00 $32.2K 699 201
CVS CALL SWEEP BULLISH 10/16/26 $84.00 $37.5K 2 199
GILD CALL TRADE BULLISH 01/15/27 $135.00 $26.7K 1.1K 165
ABBV PUT SWEEP BULLISH 10/02/26 $267.50 $99.3K 18 164
LQDA PUT TRADE NEUTRAL 10/16/26 $59.00 $27.6K 1 120
ABVX CALL SWEEP BEARISH 11/20/26 $110.00 $28.0K 70 109

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding AXGN (NASDAQ:AXGN), we observe a call option sweep with bullish sentiment. It expires in 57 day(s) on November 20, 2026. Parties traded 404 contract(s) at a $40.00 strike. This particular call needed to be split into 41 different trades to become filled. The total cost received by the writing party (or parties) was $323.2K, with a price of $800.0 per contract. There were 0 open contracts at this strike prior to today, and today 1884 contract(s) were bought and sold.

• Regarding HIMS (NYSE:HIMS), we observe a call option trade with neutral sentiment. It expires in 113 day(s) on January 15, 2027. Parties traded 100 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $67.4K, with a price of $674.0 per contract. There were 3040 open contracts at this strike prior to today, and today 436 contract(s) were bought and sold.

• Regarding ASST (NASDAQ:ASST), we observe a call option trade with neutral sentiment. It expires in 176 day(s) on March 19, 2027. Parties traded 50 contract(s) at a $38.00 strike. The total cost received by the writing party (or parties) was $27.8K, with a price of $557.0 per contract. There were 7700 open contracts at this strike prior to today, and today 333 contract(s) were bought and sold.

• For CYPH (NASDAQ:CYPH), we notice a call option trade that happens to be bullish, expiring in 176 day(s) on March 19, 2027. This event was a transfer of 250 contract(s) at a $4.00 strike. The total cost received by the writing party (or parties) was $43.7K, with a price of $175.0 per contract. There were 55 open contracts at this strike prior to today, and today 264 contract(s) were bought and sold.

• Regarding BIIB (NASDAQ:BIIB), we observe a call option trade with bullish sentiment. It expires in 266 day(s) on June 17, 2027. Parties traded 9 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $32.2K, with a price of $3580.0 per contract. There were 699 open contracts at this strike prior to today, and today 201 contract(s) were bought and sold.

• For CVS (NYSE:CVS), we notice a call option sweep that happens to be bullish, expiring in 22 day(s) on October 16, 2026. This event was a transfer of 125 contract(s) at a $84.00 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 $37.5K, with a price of $300.0 per contract. There were 2 open contracts at this strike prior to today, and today 199 contract(s) were bought and sold.

• Regarding GILD (NASDAQ:GILD), we observe a call option trade with bullish sentiment. It expires in 113 day(s) on January 15, 2027. Parties traded 13 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $26.7K, with a price of $2055.0 per contract. There were 1131 open contracts at this strike prior to today, and today 165 contract(s) were bought and sold.

• For ABBV (NYSE:ABBV), we notice a put option sweep that happens to be bullish, expiring in 8 day(s) on October 2, 2026. This event was a transfer of 164 contract(s) at a $267.50 strike. This particular put needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $99.3K, with a price of $610.0 per contract. There were 18 open contracts at this strike prior to today, and today 164 contract(s) were bought and sold.

• Regarding LQDA (NASDAQ:LQDA), we observe a put option trade with neutral sentiment. It expires in 22 day(s) on October 16, 2026. Parties traded 120 contract(s) at a $59.00 strike. The total cost received by the writing party (or parties) was $27.6K, with a price of $230.0 per contract. There were 1 open contracts at this strike prior to today, and today 120 contract(s) were bought and sold.

• Regarding ABVX (NASDAQ:ABVX), we observe a call option sweep with bearish sentiment. It expires in 57 day(s) on November 20, 2026. Parties traded 61 contract(s) at a $110.00 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 $28.0K, with a price of $460.0 per contract. There were 70 open contracts at this strike prior to today, and today 109 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.