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 Financials sector:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
PYPL CALL SWEEP BEARISH 12/18/26 $60.00 $128.0K 4.6K 408
BMO CALL SWEEP BULLISH 01/15/27 $125.00 $35.3K 284 30
LMND CALL TRADE NEUTRAL 01/15/27 $90.00 $32.1K 2.5K 13
C CALL TRADE BULLISH 01/21/28 $85.00 $29.7K 1.5K 6
GS CALL TRADE BULLISH 01/15/27 $800.00 $25.3K 273 2

Explanation

These itemized elaborations have been created using the accompanying table.

• For PYPL (NASDAQ:PYPL), we notice a call option sweep that happens to be bearish, expiring in 137 day(s) on December 18, 2026. This event was a transfer of 100 contract(s) at a $60.00 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 $128.0K, with a price of $1280.0 per contract. There were 4697 open contracts at this strike prior to today, and today 408 contract(s) were bought and sold.

• For BMO (NYSE:BMO), we notice a call option sweep that happens to be bullish, expiring in 165 day(s) on January 15, 2027. This event was a transfer of 30 contract(s) at a $125.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $35.3K, with a price of $1172.0 per contract. There were 284 open contracts at this strike prior to today, and today 30 contract(s) were bought and sold.

• For LMND (NYSE:LMND), we notice a call option trade that happens to be neutral, expiring in 165 day(s) on January 15, 2027. This event was a transfer of 13 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $32.1K, with a price of $2472.0 per contract. There were 2568 open contracts at this strike prior to today, and today 13 contract(s) were bought and sold.

• Regarding C (NYSE:C), we observe a call option trade with bullish sentiment. It expires in 536 day(s) on January 21, 2028. Parties traded 10 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $29.7K, with a price of $2970.0 per contract. There were 1547 open contracts at this strike prior to today, and today 6 contract(s) were bought and sold.

• For GS (NYSE:GS), 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 2 contract(s) at a $800.00 strike. The total cost received by the writing party (or parties) was $25.3K, with a price of $12695.0 per contract. There were 273 open contracts at this strike prior to today, and today 2 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.