10 Industrials Stocks Whale Activity In Today's Session

Noteworthy Whale Activities in Industrials Stocks

Today’s session unveils substantial whale activities in the options market, igniting the intrigue of traders hunting for lucrative avenues.

Whales, characterized by their sizable financial footprint, are under the radar of Benzinga’s options activity scanner, which tracks their substantial transactions, delivering valuable insights to traders.

Traders are on the lookout for situations where the market value of an option veers significantly from its normalcy. Intense trading activities can drive option prices to extremes, either overestimating or underestimating their worth.

The following details the options activities taking place in today’s engrossing session:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Strike Price	Total Trade Price	Open Interest	Volume

Shedding Light on the Activity

Decoding the significant activity unfolding in today’s options market.

• Unveiling a bearish put option sweep for EMR (Emerson Electric Co.), expiring on June 21, 2024. A transfer of 126 contracts occurred at a $97.50 strike, resulting in a total trade price of $25.8K, with 944 contracts traded today.

• Noticing a bearish sentiment in a call option sweep for WM (Waste Management, Inc.) expiring on March 1, 2024. Parties traded 299 contracts at a $205.00 strike, with a total trade price of $43.3K, and 674 contracts traded today.

• Observing a bearish put option sweep for BLDR (Builders FirstSource, Inc.) expiring on March 15, 2024. A transfer of 438 contracts occurred at a $170.00 strike, amassing a total trade price of $175.2K, with 447 contracts traded today.

• Noting a bearish call option sweep for UBER (Uber Technologies, Inc.) expiring on February 23, 2024. A transfer of 320 contracts happened at a $74.00 strike, yielding a total trade price of $82.5K, with 437 contracts traded today.

• Identifying a bearish put option trade for BA (The Boeing Company) expiring on June 20, 2025. A transfer of 400 contracts occurred at a $135.00 strike, amassing a total trade price of $211.6K, with 400 contracts traded today.

• Recognizing a bearish call option trade for FDX (FedEx Corporation) expiring on March 15, 2024. A transfer of 100 contracts happened at a $240.00 strike, resulting in a total trade price of $52.0K, with 258 contracts traded today.

• Unveiling a bearish put option sweep for UAL (United Airlines Holdings, Inc.) expiring on January 16, 2026. A transfer of 1000 contracts occurred at a $60.00 strike, amassing a total trade price of $60.6K, with 120 contracts traded today.

• Noticing a bearish put option trade for PCTY (Paylocity Holding Corporation) expiring on March 15, 2024. A transfer of 10 contracts happened at a $170.00 strike, resulting in a total trade price of $33.0K, with 77 contracts traded today.

• Recognizing a neutral put option sweep for PAYC (Paycom Software, Inc.) expiring on April 19, 2024. Parties traded 20 contracts at a $185.00 strike, with a total trade price of $39.5K, and 39 contracts traded today.

• Noting a bullish call option sweep for CAR (Avis Budget Group, Inc.) expiring on August 16, 2024. Parties traded 38 contracts at a $110.00 strike, revealing a total trade price of $42.9K, and 29 contracts traded today.

Unusual Options Activity Shakes the Market

Options Market Buzz

1822 open contracts were observed at a certain strike prior to today, with 258 contracts being bought and sold today.

Unconventional Moves for UAL

When it comes to UAL, there’s a call option sweep with bearish sentiment expiring in 695 days on January 16, 2026. A total of 120 contracts traded at a $60.00 strike, but it took 3 separate trades to fill this particular call. The writing party received $60.6K, with each contract priced at $505.0. There were 1036 open contracts at this strike before today, and 120 contracts were traded today.

A Dark Prognosis for PCTY

PCTY experienced a bearish put option trade expiring in 23 days on March 15, 2024. 71 contracts were transferred at a $170.00 strike, yielding $33.0K for the writing party. Each contract was sold at $465.0. Before today, there were 10 open contracts at this strike, and 77 were traded today.

Mixed Signals for PAYC

PAYC saw a neutral put option sweep expiring in 58 days on April 19, 2024. There was a transfer of 38 contracts at a $185.00 strike, netting the writing party $39.5K at a price of $1040.0 per contract. Before today, there were 20 open contracts at this strike, and 39 contracts were traded today.

Optimism Surrounds CAR

CAR encountered a bullish call option sweep expiring in 177 days on August 16, 2024. A total of 27 contracts were exchanged at a $110.00 strike, resulting in $42.9K for the writing party. Each contract was priced at $1590.0. Prior to today, there were 38 open contracts at this strike, and 29 were traded today.

Understanding Unusual Options Activity

Here’s a quick rundown of terminology related to unusual options activity: 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 and one must act on it by this date if one wants to use it, Premium/Option Price – the price of the contract.

For those seeking more information, a handy Guide to Understanding Options Alerts is available.

This article provides insightful analysis of unusual options activity in the market.

Biggest Whale Activities in Industrials Stocks Today