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
UNH CALL TRADE BULLISH 04/24/26 $300.00 $45.0K 4.0K 3.9K
SLNO CALL TRADE BULLISH 01/15/27 $45.00 $31.6K 150 281
IBRX PUT TRADE BULLISH 04/24/26 $14.50 $79.0K 101 100
SRPT CALL TRADE BULLISH 01/15/27 $20.00 $42.0K 1.8K 52
LLY CALL SWEEP NEUTRAL 01/15/27 $1260.00 $26.2K 135 38
ISRG CALL SWEEP BEARISH 12/15/28 $540.00 $113.1K 1 13
JNJ CALL TRADE NEUTRAL 10/16/26 $210.00 $43.7K 74 12
UTHR CALL TRADE BULLISH 01/21/28 $530.00 $44.5K 2 6
ELV PUT TRADE BEARISH 12/18/26 $390.00 $26.4K 6 3

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding UNH (NYSE:UNH), we observe a call option trade with bullish sentiment. It expires in 17 day(s) on April 24, 2026. Parties traded 25 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $45.0K, with a price of $1800.0 per contract. There were 4001 open contracts at this strike prior to today, and today 3958 contract(s) were bought and sold.

• Regarding SLNO (NASDAQ:SLNO), we observe a call option trade with bullish sentiment. It expires in 283 day(s) on January 15, 2027. Parties traded 40 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $31.6K, with a price of $790.0 per contract. There were 150 open contracts at this strike prior to today, and today 281 contract(s) were bought and sold.

• For IBRX (NASDAQ:IBRX), we notice a put option trade that happens to be bullish, expiring in 17 day(s) on April 24, 2026. This event was a transfer of 100 contract(s) at a $14.50 strike. The total cost received by the writing party (or parties) was $79.0K, with a price of $790.0 per contract. There were 101 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold.

• Regarding SRPT (NASDAQ:SRPT), we observe a call option trade with bullish sentiment. It expires in 283 day(s) on January 15, 2027. Parties traded 50 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $42.0K, with a price of $840.0 per contract. There were 1803 open contracts at this strike prior to today, and today 52 contract(s) were bought and sold.

• Regarding LLY (NYSE:LLY), we observe a call option sweep with neutral sentiment. It expires in 283 day(s) on January 15, 2027. Parties traded 7 contract(s) at a $1260.00 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 $26.2K, with a price of $3749.0 per contract. There were 135 open contracts at this strike prior to today, and today 38 contract(s) were bought and sold.

• Regarding ISRG (NASDAQ:ISRG), we observe a call option sweep with bearish sentiment. It expires in 983 day(s) on December 15, 2028. Parties traded 13 contract(s) at a $540.00 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 $113.1K, with a price of $8700.0 per contract. There were 1 open contracts at this strike prior to today, and today 13 contract(s) were bought and sold.

• For JNJ (NYSE:JNJ), we notice a call option trade that happens to be neutral, expiring in 192 day(s) on October 16, 2026. This event was a transfer of 12 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $43.7K, with a price of $3648.0 per contract. There were 74 open contracts at this strike prior to today, and today 12 contract(s) were bought and sold.

• Regarding UTHR (NASDAQ:UTHR), we observe a call option trade with bullish sentiment. It expires in 654 day(s) on January 21, 2028. Parties traded 3 contract(s) at a $530.00 strike. The total cost received by the writing party (or parties) was $44.5K, with a price of $14835.0 per contract. There were 2 open contracts at this strike prior to today, and today 6 contract(s) were bought and sold.

• For ELV (NYSE:ELV), we notice a put option trade that happens to be bearish, expiring in 255 day(s) on December 18, 2026. This event was a transfer of 3 contract(s) at a $390.00 strike. The total cost received by the writing party (or parties) was $26.4K, with a price of $8810.0 per contract. There were 6 open contracts at this strike prior to today, and today 3 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.