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.

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

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 May 10, 2024. This event was a transfer of 16 contract(s) at a $920.00 strike. The total cost received by the writing party (or parties) was $27.9K, with a price of $1745.0 per contract. There were 8852 open contracts at this strike prior to today, and today 36252 contract(s) were bought and sold.

• Regarding MARA MARA, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on May 10, 2024. Parties traded 200 contract(s) at a $20.00 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 $33.0K, with a price of $165.0 per contract. There were 6708 open contracts at this strike prior to today, and today 21665 contract(s) were bought and sold.

• Regarding PLTR PLTR, we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on May 10, 2024. Parties traded 945 contract(s) at a $21.00 strike. This particular put needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $34.9K, with a price of $37.0 per contract. There were 6476 open contracts at this strike prior to today, and today 20008 contract(s) were bought and sold.

• Regarding CLSK CLSK, we observe a call option sweep with bullish sentiment. It expires in 11 day(s) on May 17, 2024. Parties traded 200 contract(s) at a $18.00 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 $30.0K, with a price of $150.0 per contract. There were 3178 open contracts at this strike prior to today, and today 3419 contract(s) were bought and sold.

• Regarding SMCI SMCI, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on May 10, 2024. Parties traded 10 contract(s) at a $825.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $25.0K, with a price of $2500.0 per contract. There were 282 open contracts at this strike prior to today, and today 1270 contract(s) were bought and sold.

• Regarding INTC INTC, we observe a put option sweep with bullish sentiment. It expires in 319 day(s) on March 21, 2025. Parties traded 200 contract(s) at a $25.00 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 $27.4K, with a price of $137.0 per contract. There were 7855 open contracts at this strike prior to today, and today 603 contract(s) were bought and sold.

• Regarding DELL DELL, we observe a put option trade with bullish sentiment. It expires in 25 day(s) on May 31, 2024. Parties traded 100 contract(s) at a $114.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $300.0 per contract. There were 1009 open contracts at this strike prior to today, and today 602 contract(s) were bought and sold.

• For BILL BILL, we notice a put option trade that happens to be neutral, expiring in 46 day(s) on June 21, 2024. This event was a transfer of 100 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $55.5K, with a price of $555.0 per contract. There were 1184 open contracts at this strike prior to today, and today 488 contract(s) were bought and sold.

• Regarding AVGO AVGO, we observe a call option trade with neutral sentiment. It expires in 4 day(s) on May 10, 2024. Parties traded 50 contract(s) at a $1300.00 strike. The total cost received by the writing party (or parties) was $117.8K, with a price of $2357.0 per contract. There were 424 open contracts at this strike prior to today, and today 421 contract(s) were bought and sold.

• For COHR COHR, we notice a put option sweep that happens to be neutral, expiring in 11 day(s) on May 17, 2024. This event was a transfer of 100 contract(s) at a $57.00 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 $35.0K, with a price of $351.0 per contract. There were 27 open contracts at this strike prior to today, and today 402 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.