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 often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming 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.

• For AVGO AVGO, we notice a call option trade that happens to be bearish, expiring in 4 day(s) on December 20, 2024. This event was a transfer of 96 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $34.9K, with a price of $364.0 per contract. There were 9313 open contracts at this strike prior to today, and today 42702 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a call option trade with bullish sentiment. It expires in 4 day(s) on December 20, 2024. Parties traded 877 contract(s) at a $252.50 strike. The total cost received by the writing party (or parties) was $100.8K, with a price of $115.0 per contract. There were 23228 open contracts at this strike prior to today, and today 32013 contract(s) were bought and sold.

• For MU MU, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on December 20, 2024. This event was a transfer of 120 contract(s) at a $110.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $78.0K, with a price of $650.0 per contract. There were 29603 open contracts at this strike prior to today, and today 17987 contract(s) were bought and sold.

• For PLTR PLTR, we notice a call option trade that happens to be bearish, expiring in 11 day(s) on December 27, 2024. This event was a transfer of 225 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $59.6K, with a price of $265.0 per contract. There were 8872 open contracts at this strike prior to today, and today 17077 contract(s) were bought and sold.

• Regarding SMCI SMCI, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on December 20, 2024. Parties traded 200 contract(s) at a $35.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $25.0K, with a price of $125.0 per contract. There were 16336 open contracts at this strike prior to today, and today 14653 contract(s) were bought and sold.

• Regarding RIOT RIOT, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on December 20, 2024. Parties traded 509 contract(s) at a $13.50 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 $52.4K, with a price of $103.0 per contract. There were 6129 open contracts at this strike prior to today, and today 11053 contract(s) were bought and sold.

• Regarding TSM TSM, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on December 20, 2024. Parties traded 200 contract(s) at a $210.00 strike. This particular call needed to be split into 8 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 9557 open contracts at this strike prior to today, and today 10831 contract(s) were bought and sold.

• Regarding NVDA NVDA, we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on December 20, 2024. Parties traded 61 contract(s) at a $140.00 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 $56.7K, with a price of $930.0 per contract. There were 92341 open contracts at this strike prior to today, and today 10306 contract(s) were bought and sold.

• Regarding INTC INTC, we observe a call option sweep with bearish sentiment. It expires in 95 day(s) on March 21, 2025. Parties traded 487 contract(s) at a $23.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $73.5K, with a price of $151.0 per contract. There were 13032 open contracts at this strike prior to today, and today 4855 contract(s) were bought and sold.

• For MSTR MSTR, we notice a call option sweep that happens to be neutral, expiring in 4 day(s) on December 20, 2024. This event was a transfer of 9 contract(s) at a $400.00 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 $35.6K, with a price of $3960.0 per contract. There were 7444 open contracts at this strike prior to today, and today 4534 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.