Unusual Options Activity in Dell Technologies Inc. (DELL), Constellium SE (CSTM), & Merck & Co., Inc. (MRK)

Unusual Options Activity in Dell Technologies Inc. (DELL)

Today, among the underlying components of the NYSE, we saw additional unusual or noteworthy options trading volume and activity in Dell Technologies Inc. (DELL), which opened at $100.21.

There were a total of 5,000 contracts traded on the $95 strike put option at the bid, dated for December 17th, 2021, representing approximately 500,000 shares.

Additionally, there were another 5,000 contracts traded on the $95 strike put option also at the bid, dated for October 15th, 2021, representing an additional 500,000 shares.

Finally, there was another final set of 5,000 contracts traded on the $90 strike put option also at the bid, dated for December 17th, 2021, representing another 500,000 shares.

These orders come after Dell Technologies Inc. reported that a majority of organizations are uncertain they can recover from a ransomware attack.

Seen above are the noteworthy options orders in Dell Technologies Inc. from the Unusual Whales Flow.
Per the chart above, representing Dell Technologies Inc.’s daily price, in blue, there was a high today of 28,558 call volume traded on September 13th, 2021, seen in green. Today, DELL has seen 15,428 puts traded thus far, in red.

Unusual Options Activity in Constellium SE (CSTM)

Today, among the underlying components of the NYSE, we saw unusual or noteworthy options trading volume and activity in Constellium SE (CSTM), which opened at $20.65.

There were a total of 6,250 contracts traded on the $18 strike put option at the bid, dated for October 22nd, 2021, representing approximately 625,000 shares.  Additional subsequent orders of smaller lot sizes were found this morning with the Unusual Whales Flow on the 21 strike put option, also at the bid, for the same date.

These orders come after a report listing Constellium SE (CSTM) one of the 7 aluminum stocks to buy even as prices hit decade highs.

Seen above are the noteworthy options orders in Constellium SE (CSTM) from the Unusual Whales Flow.
Seen above are Constellium SE’s most active chains from the Unusual Whales Flow. The unusual activity on put volume represents a 223% increase from its 30 day average.

Unusual Options Activity in Merck & Co., Inc. (MRK)

Finally, among the underlying components of the NYSE, we saw unusual or noteworthy options trading volume and activity today in Merck & Co., Inc. (MRK), which opened at $73.02.

There were a total of 15,000 contracts traded on the $75 strike call option at the ask, dated for December 17th, 2021, representing approximately 1,500,000 shares.

Additionally, there was another set of 10,000 contracts traded on the $65 strike put option at the ask, also dated for December 17th, 2021, representing approximately 1,000,000 shares.

These orders come after French medical devices maker BIOCORP announced Thursday an agreement with Merck & Co., Inc. (MRK) for the development and supply of a specific version of Mallya device to monitor treatment adherence in the field of Human Growth Hormone or HGH.

Seen above are the noteworthy options orders in Merck & Co., Inc. (MRK) from the Unusual Whales Flow.

Seen above is the options flow breakdown in Merck & Co., Inc. (MRK) from the Unusual Whales Flow. As of this morning, MRK’s call volume is 168% above its 30 day mean.

For further information on the unusual options activity of DELL, CSTM, and MRK visit unusualwhales.com.

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Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.