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
NVO PUT TRADE BEARISH 03/19/27 $35.00 $504.0K 12.2K 2.6K
PFE CALL TRADE BULLISH 10/09/26 $29.00 $31.3K 3.7K 2.4K
AZN PUT SWEEP BULLISH 01/15/27 $170.00 $38.3K 2.6K 1.5K
MDT CALL SWEEP BULLISH 10/16/26 $90.00 $27.6K 13.2K 672
BMY PUT TRADE BEARISH 01/15/27 $55.00 $82.5K 18.2K 525
CI CALL TRADE BULLISH 06/17/27 $270.00 $70.0K 1.0K 504
LLY CALL SWEEP NEUTRAL 10/16/26 $1200.00 $30.0K 1.4K 359
HIMS PUT TRADE BULLISH 10/09/26 $33.00 $47.2K 26 244
AVTR CALL SWEEP BEARISH 10/16/26 $12.00 $64.0K 10.0K 200
IOVA CALL TRADE BULLISH 01/21/28 $5.00 $57.2K 7.6K 114

Explanation

These itemized elaborations have been created using the accompanying table.

• For NVO (NYSE:NVO), we notice a put option trade that happens to be bearish, expiring in 170 day(s) on March 19, 2027. This event was a transfer of 2400 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $504.0K, with a price of $210.0 per contract. There were 12290 open contracts at this strike prior to today, and today 2616 contract(s) were bought and sold.

• Regarding PFE (NYSE:PFE), we observe a call option trade with bullish sentiment. It expires in 9 day(s) on October 9, 2026. Parties traded 921 contract(s) at a $29.00 strike. The total cost received by the writing party (or parties) was $31.3K, with a price of $34.0 per contract. There were 3708 open contracts at this strike prior to today, and today 2437 contract(s) were bought and sold.

• For AZN (NYSE:AZN), we notice a put option sweep that happens to be bullish, expiring in 107 day(s) on January 15, 2027. This event was a transfer of 29 contract(s) at a $170.00 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 $38.3K, with a price of $1325.0 per contract. There were 2654 open contracts at this strike prior to today, and today 1533 contract(s) were bought and sold.

• For MDT (NYSE:MDT), we notice a call option sweep that happens to be bullish, expiring in 16 day(s) on October 16, 2026. This event was a transfer of 204 contract(s) at a $90.00 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 $27.6K, with a price of $142.0 per contract. There were 13228 open contracts at this strike prior to today, and today 672 contract(s) were bought and sold.

• For BMY (NYSE:BMY), we notice a put option trade that happens to be bearish, expiring in 107 day(s) on January 15, 2027. This event was a transfer of 500 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $82.5K, with a price of $165.0 per contract. There were 18293 open contracts at this strike prior to today, and today 525 contract(s) were bought and sold.

• For CI (NYSE:CI), we notice a call option trade that happens to be bullish, expiring in 260 day(s) on June 17, 2027. This event was a transfer of 20 contract(s) at a $270.00 strike. The total cost received by the writing party (or parties) was $70.0K, with a price of $3500.0 per contract. There were 1009 open contracts at this strike prior to today, and today 504 contract(s) were bought and sold.

• For LLY (NYSE:LLY), we notice a call option sweep that happens to be neutral, expiring in 16 day(s) on October 16, 2026. This event was a transfer of 11 contract(s) at a $1200.00 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 $30.0K, with a price of $2728.0 per contract. There were 1403 open contracts at this strike prior to today, and today 359 contract(s) were bought and sold.

• Regarding HIMS (NYSE:HIMS), we observe a put option trade with bullish sentiment. It expires in 9 day(s) on October 9, 2026. Parties traded 150 contract(s) at a $33.00 strike. The total cost received by the writing party (or parties) was $47.2K, with a price of $315.0 per contract. There were 26 open contracts at this strike prior to today, and today 244 contract(s) were bought and sold.

• For AVTR (NYSE:AVTR), we notice a call option sweep that happens to be bearish, expiring in 16 day(s) on October 16, 2026. This event was a transfer of 200 contract(s) at a $12.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $64.0K, with a price of $320.0 per contract. There were 10007 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.

• For IOVA (NASDAQ:IOVA), we notice a call option trade that happens to be bullish, expiring in 478 day(s) on January 21, 2028. This event was a transfer of 53 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $57.2K, with a price of $1080.0 per contract. There were 7644 open contracts at this strike prior to today, and today 114 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 news on unusual options activity.

This article was generated by Benzinga's automated content engine and reviewed by an editor.