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
NVO CALL TRADE BEARISH 12/15/28 $37.50 $50.8K 3.8K 3.0K
MRNA PUT SWEEP BEARISH 11/20/26 $120.00 $44.3K 1.5K 994
A PUT SWEEP BULLISH 09/18/26 $160.00 $92.0K 326 433
ABVX CALL TRADE BULLISH 09/18/26 $160.00 $26.0K 1.3K 285
SRPT CALL SWEEP BEARISH 11/20/26 $17.50 $31.0K 264 276
CNC PUT SWEEP NEUTRAL 09/18/26 $60.00 $26.5K 1.6K 255
AMGN PUT SWEEP BEARISH 09/18/26 $400.00 $39.0K 1.4K 175
MRK CALL SWEEP NEUTRAL 06/17/27 $190.00 $49.3K 88 72
IBRX CALL TRADE BEARISH 01/21/28 $5.50 $26.4K 3.3K 60
DHR CALL TRADE BEARISH 01/15/27 $220.00 $28.2K 732 28

Explanation

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

• Regarding NVO (NYSE:NVO), we observe a call option trade with bearish sentiment. It expires in 841 day(s) on December 15, 2028. Parties traded 33 contract(s) at a $37.50 strike. The total cost received by the writing party (or parties) was $50.8K, with a price of $1540.0 per contract. There were 3876 open contracts at this strike prior to today, and today 3066 contract(s) were bought and sold.

• For MRNA (NASDAQ:MRNA), we notice a put option sweep that happens to be bearish, expiring in 85 day(s) on November 20, 2026. This event was a transfer of 22 contract(s) at a $120.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $44.3K, with a price of $2018.0 per contract. There were 1578 open contracts at this strike prior to today, and today 994 contract(s) were bought and sold.

• For A (NYSE:A), we notice a put option sweep that happens to be bullish, expiring in 22 day(s) on September 18, 2026. This event was a transfer of 115 contract(s) at a $160.00 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $92.0K, with a price of $800.0 per contract. There were 326 open contracts at this strike prior to today, and today 433 contract(s) were bought and sold.

• Regarding ABVX (NASDAQ:ABVX), we observe a call option trade with bullish sentiment. It expires in 22 day(s) on September 18, 2026. Parties traded 200 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $130.0 per contract. There were 1392 open contracts at this strike prior to today, and today 285 contract(s) were bought and sold.

• Regarding SRPT (NASDAQ:SRPT), we observe a call option sweep with bearish sentiment. It expires in 85 day(s) on November 20, 2026. Parties traded 94 contract(s) at a $17.50 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $31.0K, with a price of $330.0 per contract. There were 264 open contracts at this strike prior to today, and today 276 contract(s) were bought and sold.

• For CNC (NYSE:CNC), we notice a put option sweep that happens to be neutral, expiring in 22 day(s) on September 18, 2026. This event was a transfer of 244 contract(s) at a $60.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $26.5K, with a price of $107.0 per contract. There were 1608 open contracts at this strike prior to today, and today 255 contract(s) were bought and sold.

• For AMGN (NASDAQ:AMGN), we notice a put option sweep that happens to be bearish, expiring in 22 day(s) on September 18, 2026. This event was a transfer of 104 contract(s) at a $400.00 strike. This particular put needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $39.0K, with a price of $370.0 per contract. There were 1405 open contracts at this strike prior to today, and today 175 contract(s) were bought and sold.

• For MRK (NYSE:MRK), we notice a call option sweep that happens to be neutral, expiring in 294 day(s) on June 17, 2027. This event was a transfer of 72 contract(s) at a $190.00 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 $49.3K, with a price of $685.0 per contract. There were 88 open contracts at this strike prior to today, and today 72 contract(s) were bought and sold.

• Regarding IBRX (NASDAQ:IBRX), we observe a call option trade with bearish sentiment. It expires in 512 day(s) on January 21, 2028. Parties traded 60 contract(s) at a $5.50 strike. The total cost received by the writing party (or parties) was $26.4K, with a price of $440.0 per contract. There were 3373 open contracts at this strike prior to today, and today 60 contract(s) were bought and sold.

• For DHR (NYSE:DHR), we notice a call option trade that happens to be bearish, expiring in 141 day(s) on January 15, 2027. This event was a transfer of 15 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $28.2K, with a price of $1884.0 per contract. There were 732 open contracts at this strike prior to today, and today 28 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.