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
IBRX CALL SWEEP BEARISH 01/21/28 $7.50 $27.4K 24.3K 1.6K
BSX PUT TRADE BULLISH 10/09/26 $43.50 $99.4K 908 839
BMY PUT SWEEP BULLISH 06/17/27 $60.00 $66.6K 2.8K 568
DHR PUT TRADE BEARISH 01/21/28 $230.00 $1.5 million 109 450
WGS PUT SWEEP BULLISH 11/20/26 $85.00 $25.1K 2.7K 298
GMAB PUT SWEEP BULLISH 01/15/27 $40.00 $119.4K 1 296
IOVA CALL TRADE BEARISH 01/15/27 $10.00 $29.0K 32.1K 81
ZTS CALL TRADE NEUTRAL 01/21/28 $80.00 $62.4K 698 52
MRNA CALL TRADE BULLISH 12/17/27 $120.00 $123.4K 266 50
LLY PUT TRADE NEUTRAL 02/19/27 $1290.00 $33.3K 0 4

Explanation

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

• Regarding IBRX (NASDAQ:IBRX), we observe a call option sweep with bearish sentiment. It expires in 469 day(s) on January 21, 2028. Parties traded 50 contract(s) at a $7.50 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $27.4K, with a price of $549.0 per contract. There were 24345 open contracts at this strike prior to today, and today 1640 contract(s) were bought and sold.

• For BSX (NYSE:BSX), we notice a put option trade that happens to be bullish, is expiring today. Parties traded 829 contract(s) at a $43.50 strike. The total cost received by the writing party (or parties) was $99.4K, with a price of $120.0 per contract. There were 908 open contracts at this strike prior to today, and today 839 contract(s) were bought and sold.

• For BMY (NYSE:BMY), we notice a put option sweep that happens to be bullish, expiring in 251 day(s) on June 17, 2027. This event was a transfer of 101 contract(s) at a $60.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $66.6K, with a price of $660.0 per contract. There were 2857 open contracts at this strike prior to today, and today 568 contract(s) were bought and sold.

• Regarding DHR (NYSE:DHR), we observe a put option trade with bearish sentiment. It expires in 469 day(s) on January 21, 2028. Parties traded 450 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $1.5 million, with a price of $3527.0 per contract. There were 109 open contracts at this strike prior to today, and today 450 contract(s) were bought and sold.

• For WGS (NASDAQ:WGS), we notice a put option sweep that happens to be bullish, expiring in 42 day(s) on November 20, 2026. This event was a transfer of 12 contract(s) at a $85.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $25.1K, with a price of $2090.0 per contract. There were 2710 open contracts at this strike prior to today, and today 298 contract(s) were bought and sold.

• For GMAB (NASDAQ:GMAB), we notice a put option sweep that happens to be bullish, expiring in 98 day(s) on January 15, 2027. This event was a transfer of 206 contract(s) at a $40.00 strike. This particular put needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $119.4K, with a price of $580.0 per contract. There were 1 open contracts at this strike prior to today, and today 296 contract(s) were bought and sold.

• Regarding IOVA (NASDAQ:IOVA), we observe a call option trade with bearish sentiment. It expires in 98 day(s) on January 15, 2027. Parties traded 50 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $29.0K, with a price of $580.0 per contract. There were 32164 open contracts at this strike prior to today, and today 81 contract(s) were bought and sold.

• Regarding ZTS (NYSE:ZTS), we observe a call option trade with neutral sentiment. It expires in 469 day(s) on January 21, 2028. Parties traded 52 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $62.4K, with a price of $1200.0 per contract. There were 698 open contracts at this strike prior to today, and today 52 contract(s) were bought and sold.

• For MRNA (NASDAQ:MRNA), we notice a call option trade that happens to be bullish, expiring in 434 day(s) on December 17, 2027. This event was a transfer of 10 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $123.4K, with a price of $12345.0 per contract. There were 266 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold.

• For LLY (NYSE:LLY), we notice a put option trade that happens to be neutral, expiring in 133 day(s) on February 19, 2027. This event was a transfer of 2 contract(s) at a $1290.00 strike. The total cost received by the writing party (or parties) was $33.3K, with a price of $16660.0 per contract. There were 0 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.