A look at recent SIGA Technologies whale trades

Someone with a lot of money to spend has taken a bullish stance on SIGA Technologies SIGA.

And retailers should know that.

We noticed this today when the big position appeared on the history of publicly available options we track here at Benzinga.

Whether it’s an institution or just a wealthy individual, we don’t know. But when something this big happens with SIGA, it often means someone knows something is about to happen.

So how do we know what this whale just did?

Today, BenzingaSIGA’s options scanner spotted 10 unusual options trades for SIGA Technologies.

It is not normal.

The general sentiment of these big traders is split between 50% bullish and 50% bearish.

Of all the special options we discovered, 2 are put options, totaling $52,000, and 8 are call options, totaling $293,535.

What is the target price?

Given the volume and open interest on these contracts, it appears that whales have been targeting a $12.5-$22.5 price range for SIGA Technologies over the past 3 months.

Development of volume and open interest

In terms of liquidity and interest, the average open interest for SIGA Technologies options trades today is 5975.71 with a total volume of 13,158.00.

In the following chart, we are able to track the development of the volume and open interest of call and put options for large SIGA Technologies trades within a strike price range of $12.5 at $22.5 in the last 30 days.

SIGA Technologies options volume and open interest in the last 30 days

The biggest options spotted:









Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
SIGA CALL SWEEP BEARISH 08/19/22 $15.00 $63,000 9.6K 224
SIGA CALL SWEEP BULLISH 08/19/22 $17.50 $39.4,000 8.9K 2.6K
SIGA CALL TRADE BULLISH 08/19/22 $17.50 $38,900 8.9K 1.4K
SIGA CALL SWEEP BULLISH 08/19/22 $22.50 $37,000 3.9K 249
SIGA CALL SWEEP BEARISH 09/16/22 $20.00 $32,600 4.0K 415









Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
SIGA CALL SWEEP BEARISH 08/19/22 $15.00 $63,000 9.6K 224
SIGA CALL SWEEP BULLISH 08/19/22 $17.50 $39.4,000 8.9K 2.6K
SIGA CALL TRADE BULLISH 08/19/22 $17.50 $38,900 8.9K 1.4K
SIGA CALL SWEEP BULLISH 08/19/22 $22.50 $37,000 3.9K 249
SIGA CALL SWEEP BEARISH 09/16/22 $20.00 $32,600 4.0K 415

Where is SIGA Technologies right now?

  • With a volume of 17,293,281, SIGA’s price is up 0.41% to $17.26.
  • RSI indicators suggest that the underlying stock could be close to overbought.
  • The next results should be published in 3 days.

Options are a riskier asset than just trading stocks, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, increasing and decreasing trades, following more than one indicator, and following the markets closely.

If you would like to stay informed about the latest options trades for SIGA Technologies, BenzingaPro gives you real-time alerts on options trades.

About Dianne Stinson

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