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.

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
LQDA CALL SWEEP BULLISH 01/15/27 $90.00 $138.0K 3.0K 1.1K
SLS CALL TRADE BEARISH 01/15/27 $10.00 $60.0K 27.2K 752
ELV CALL TRADE BULLISH 09/18/26 $390.00 $564.0K 495 313
ABVX CALL TRADE BEARISH 12/18/26 $140.00 $26.8K 2.2K 150
NVS CALL SWEEP BEARISH 09/18/26 $155.00 $58.5K 254 134
PFE CALL SWEEP BEARISH 09/25/26 $24.00 $30.7K 0 123
HIMS CALL TRADE BEARISH 09/18/26 $21.00 $36.4K 179 40
CMPS CALL TRADE BULLISH 01/21/28 $20.00 $25.8K 2.4K 37
MRK CALL SWEEP BULLISH 10/16/26 $115.00 $50.8K 1.0K 28
ISRG CALL SWEEP BEARISH 11/20/26 $400.00 $34.5K 117 23

Explanation

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

• For LQDA (NASDAQ:LQDA), we notice a call option sweep that happens to be bullish, expiring in 156 day(s) on January 15, 2027. This event was a transfer of 100 contract(s) at a $90.00 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 $138.0K, with a price of $1380.0 per contract. There were 3096 open contracts at this strike prior to today, and today 1107 contract(s) were bought and sold.

• Regarding SLS (NASDAQ:SLS), we observe a call option trade with bearish sentiment. It expires in 156 day(s) on January 15, 2027. Parties traded 100 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $60.0K, with a price of $600.0 per contract. There were 27223 open contracts at this strike prior to today, and today 752 contract(s) were bought and sold.

• Regarding ELV (NYSE:ELV), we observe a call option trade with bullish sentiment. It expires in 37 day(s) on September 18, 2026. Parties traded 300 contract(s) at a $390.00 strike. The total cost received by the writing party (or parties) was $564.0K, with a price of $1880.0 per contract. There were 495 open contracts at this strike prior to today, and today 313 contract(s) were bought and sold.

• Regarding ABVX (NASDAQ:ABVX), we observe a call option trade with bearish sentiment. It expires in 128 day(s) on December 18, 2026. Parties traded 18 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $26.8K, with a price of $1490.0 per contract. There were 2210 open contracts at this strike prior to today, and today 150 contract(s) were bought and sold.

• For NVS (NYSE:NVS), we notice a call option sweep that happens to be bearish, expiring in 37 day(s) on September 18, 2026. This event was a transfer of 130 contract(s) at a $155.00 strike. This particular call needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $58.5K, with a price of $450.0 per contract. There were 254 open contracts at this strike prior to today, and today 134 contract(s) were bought and sold.

• For PFE (NYSE:PFE), we notice a call option sweep that happens to be bearish, expiring in 44 day(s) on September 25, 2026. This event was a transfer of 123 contract(s) at a $24.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $30.7K, with a price of $250.0 per contract. There were 0 open contracts at this strike prior to today, and today 123 contract(s) were bought and sold.

• Regarding HIMS (NYSE:HIMS), we observe a call option trade with bearish sentiment. It expires in 37 day(s) on September 18, 2026. Parties traded 40 contract(s) at a $21.00 strike. The total cost received by the writing party (or parties) was $36.4K, with a price of $910.0 per contract. There were 179 open contracts at this strike prior to today, and today 40 contract(s) were bought and sold.

• Regarding CMPS (NASDAQ:CMPS), we observe a call option trade with bullish sentiment. It expires in 527 day(s) on January 21, 2028. Parties traded 60 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $25.8K, with a price of $430.0 per contract. There were 2406 open contracts at this strike prior to today, and today 37 contract(s) were bought and sold.

• Regarding MRK (NYSE:MRK), we observe a call option sweep with bullish sentiment. It expires in 65 day(s) on October 16, 2026. Parties traded 27 contract(s) at a $115.00 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 $50.8K, with a price of $1885.0 per contract. There were 1003 open contracts at this strike prior to today, and today 28 contract(s) were bought and sold.

• Regarding ISRG (NASDAQ:ISRG), we observe a call option sweep with bearish sentiment. It expires in 100 day(s) on November 20, 2026. Parties traded 10 contract(s) at a $400.00 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 $34.5K, with a price of $3450.0 per contract. There were 117 open contracts at this strike prior to today, and today 23 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.