10 Information Technology Stocks With Whale Alerts 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.

Below are some instances of options activity happening in the Information Technology sector:

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding AMD AMD, we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on March 1, 2024. Parties traded 56 contract(s) at a $185.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $26.3K, with a price of $470.0 per contract. There were 14482 open contracts at this strike prior to today, and today 79909 contract(s) were bought and sold.

• For NVDA NVDA, we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on March 1, 2024. This event was a transfer of 42 contract(s) at a $790.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $30.7K, with a price of $730.0 per contract. There were 6293 open contracts at this strike prior to today, and today 30893 contract(s) were bought and sold.

• Regarding SMCI SMCI, we observe a call option trade with bullish sentiment. It expires in 1 day(s) on March 1, 2024. Parties traded 40 contract(s) at a $900.00 strike. The total cost received by the writing party (or parties) was $25.4K, with a price of $635.0 per contract. There were 3082 open contracts at this strike prior to today, and today 13488 contract(s) were bought and sold.

• For MARA MARA, we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on March 1, 2024. This event was a transfer of 294 contract(s) at a $26.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $26.4K, with a price of $90.0 per contract. There were 3542 open contracts at this strike prior to today, and today 12059 contract(s) were bought and sold.

• For MU MU, we notice a call option sweep that happens to be bearish, expiring in 15 day(s) on March 15, 2024. This event was a transfer of 110 contract(s) at a $90.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $26.0K, with a price of $237.0 per contract. There were 19978 open contracts at this strike prior to today, and today 4159 contract(s) were bought and sold.

• For KVYO KVYO, we notice a call option trade that happens to be bullish, expiring in 15 day(s) on March 15, 2024. This event was a transfer of 1000 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $40.0K, with a price of $40.0 per contract. There were 737 open contracts at this strike prior to today, and today 3560 contract(s) were bought and sold.

• For SNOW SNOW, we notice a call option sweep that happens to be bullish, expiring in 78 day(s) on May 17, 2024. This event was a transfer of 49 contract(s) at a $200.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $52.1K, with a price of $1065.0 per contract. There were 2455 open contracts at this strike prior to today, and today 1493 contract(s) were bought and sold.

• Regarding ASAN ASAN, we observe a put option trade with bearish sentiment. It expires in 8 day(s) on March 8, 2024. Parties traded 600 contract(s) at a $19.50 strike. The total cost received by the writing party (or parties) was $36.0K, with a price of $60.0 per contract. There were 6 open contracts at this strike prior to today, and today 1201 contract(s) were bought and sold.

• Regarding RIOT RIOT, we observe a call option sweep with bullish sentiment. It expires in 204 day(s) on September 20, 2024. Parties traded 188 contract(s) at a $30.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $45.4K, with a price of $242.0 per contract. There were 561 open contracts at this strike prior to today, and today 921 contract(s) were bought and sold.

• For ALTR ALTR, we notice a call option sweep that happens to be bullish, expiring in 141 day(s) on July 19, 2024. This event was a transfer of 32 contract(s) at a $60.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $85.4K, with a price of $2670.0 per contract. There were 270 open contracts at this strike prior to today, and today 830 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 news on unusual options activity.

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