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.

• Regarding AMD AMD, we observe a put option sweep with neutral sentiment. It expires in 30 day(s) on February 18, 2022. Parties traded 160 contract(s) at a $120.00 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 $71.2K, with a price of $445.0 per contract. There were 9027 open contracts at this strike prior to today, and today 2758 contract(s) were bought and sold.

• For CRM CRM, we notice a put option trade that happens to be neutral, expiring in 58 day(s) on March 18, 2022. This event was a transfer of 1750 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $481.2K, with a price of $275.0 per contract. There were 500 open contracts at this strike prior to today, and today 1772 contract(s) were bought and sold.

• For HPQ HPQ, we notice a call option trade that happens to be neutral, expiring in 730 day(s) on January 19, 2024. This event was a transfer of 475 contract(s) at a $32.00 strike. The total cost received by the writing party (or parties) was $427.5K, with a price of $900.0 per contract. There were 8 open contracts at this strike prior to today, and today 475 contract(s) were bought and sold.

• For PYPL PYPL, we notice a call option trade that happens to be bullish, expiring in 730 day(s) on January 19, 2024. This event was a transfer of 35 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $60.0K, with a price of $1715.0 per contract. There were 1740 open contracts at this strike prior to today, and today 360 contract(s) were bought and sold.

• Regarding SQ SQ, we observe a call option trade with neutral sentiment. It expires in 730 day(s) on January 19, 2024. Parties traded 25 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $53.5K, with a price of $2140.0 per contract. There were 371 open contracts at this strike prior to today, and today 267 contract(s) were bought and sold.

• Regarding ADBE ADBE, we observe a put option sweep with bearish sentiment. It expires in 366 day(s) on January 20, 2023. Parties traded 16 contract(s) at a $380.00 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 $26.8K, with a price of $1689.0 per contract. There were 429 open contracts at this strike prior to today, and today 249 contract(s) were bought and sold.

• For ZS ZS, we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on January 21, 2022. This event was a transfer of 82 contract(s) at a $257.50 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 $38.5K, with a price of $470.0 per contract. There were 81 open contracts at this strike prior to today, and today 240 contract(s) were bought and sold.

• Regarding RIOT RIOT, we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on January 21, 2022. Parties traded 63 contract(s) at a $24.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $34.6K, with a price of $550.0 per contract. There were 1348 open contracts at this strike prior to today, and today 220 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option trade with bearish sentiment. It expires in 85 day(s) on April 14, 2022. Parties traded 12 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $28.1K, with a price of $2345.0 per contract. There were 1885 open contracts at this strike prior to today, and today 179 contract(s) were bought and sold.

• Regarding XLNX XLNX, we observe a call option trade with bearish sentiment. It expires in 16 day(s) on February 4, 2022. Parties traded 44 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $45.5K, with a price of $1035.0 per contract. There were 15 open contracts at this strike prior to today, and today 162 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.