10 Information Technology Stocks Whale Activity In Today's Session

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:

Explanation

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

• For NVDA NVDA, we notice a call option trade that happens to be bearish, expiring in 4 day(s) on February 23, 2024. This event was a transfer of 35 contract(s) at a $730.00 strike. The total cost received by the writing party (or parties) was $136.2K, with a price of $3893.0 per contract. There were 5241 open contracts at this strike prior to today, and today 9191 contract(s) were bought and sold.

• Regarding SMCI SMCI, we observe a put option trade with neutral sentiment. It expires in 3 day(s) on February 16, 2024. Parties traded 4 contract(s) at a $1000.00 strike. The total cost received by the writing party (or parties) was $78.2K, with a price of $19555.0 per contract. There were 625 open contracts at this strike prior to today, and today 7047 contract(s) were bought and sold.

• Regarding AMAT AMAT, we observe a call option trade with neutral sentiment. It expires in 60 day(s) on April 19, 2024. Parties traded 200 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $96.6K, with a price of $483.0 per contract. There were 333 open contracts at this strike prior to today, and today 4009 contract(s) were bought and sold.

• For PLTR PLTR, we notice a call option trade that happens to be bullish, expiring in 18 day(s) on March 8, 2024. This event was a transfer of 500 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $56.5K, with a price of $113.0 per contract. There were 6071 open contracts at this strike prior to today, and today 3564 contract(s) were bought and sold.

• For ADBE ADBE, we notice a put option sweep that happens to be bullish, expiring in 3 day(s) on February 16, 2024. This event was a transfer of 20 contract(s) at a $570.00 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 $45.8K, with a price of $2290.0 per contract. There were 2128 open contracts at this strike prior to today, and today 2376 contract(s) were bought and sold.

• For PATH PATH, we notice a put option sweep that happens to be bearish, expiring in 25 day(s) on March 15, 2024. This event was a transfer of 325 contract(s) at a $23.00 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 $34.7K, with a price of $107.0 per contract. There were 1054 open contracts at this strike prior to today, and today 1052 contract(s) were bought and sold.

• Regarding CRM CRM, we observe a call option trade with bullish sentiment. It expires in 25 day(s) on March 15, 2024. Parties traded 200 contract(s) at a $290.00 strike. The total cost received by the writing party (or parties) was $270.8K, with a price of $1354.0 per contract. There were 3888 open contracts at this strike prior to today, and today 1021 contract(s) were bought and sold.

• Regarding AVGO AVGO, we observe a put option sweep with bullish sentiment. It expires in 25 day(s) on March 15, 2024. Parties traded 11 contract(s) at a $1210.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $39.9K, with a price of $3630.0 per contract. There were 1070 open contracts at this strike prior to today, and today 791 contract(s) were bought and sold.

• Regarding TSM TSM, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on February 23, 2024. Parties traded 340 contract(s) at a $133.00 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 $41.1K, with a price of $121.0 per contract. There were 630 open contracts at this strike prior to today, and today 718 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on February 23, 2024. Parties traded 25 contract(s) at a $395.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $27.0K, with a price of $1080.0 per contract. There were 577 open contracts at this strike prior to today, and today 344 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, visit our Guide to Understanding Options Alerts or read more about unusual options activity.

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