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

• Regarding PYPL PYPL, we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on February 4, 2022. Parties traded 255 contract(s) at a $130.00 strike. This particular put needed to be split into 45 different trades to become filled. The total cost received by the writing party (or parties) was $113.5K, with a price of $450.0 per contract. There were 976 open contracts at this strike prior to today, and today 22562 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on February 4, 2022. Parties traded 288 contract(s) at a $126.00 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 $50.7K, with a price of $176.0 per contract. There were 2026 open contracts at this strike prior to today, and today 13822 contract(s) were bought and sold.

• For NVDA NVDA, we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on February 11, 2022. This event was a transfer of 60 contract(s) at a $250.00 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 $48.3K, with a price of $805.0 per contract. There were 4641 open contracts at this strike prior to today, and today 7368 contract(s) were bought and sold.

• Regarding MRVL MRVL, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on February 4, 2022. Parties traded 693 contract(s) at a $75.00 strike. This particular call needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $33.3K, with a price of $48.0 per contract. There were 855 open contracts at this strike prior to today, and today 2581 contract(s) were bought and sold.

• For SQ SQ, we notice a put option sweep that happens to be neutral, expiring in 2 day(s) on February 4, 2022. This event was a transfer of 99 contract(s) at a $120.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $74.0K, with a price of $747.0 per contract. There were 1410 open contracts at this strike prior to today, and today 2118 contract(s) were bought and sold.

• For AFRM AFRM, we notice a call option trade that happens to be bearish, expiring in 9 day(s) on February 11, 2022. This event was a transfer of 300 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $82.5K, with a price of $275.0 per contract. There were 1112 open contracts at this strike prior to today, and today 1251 contract(s) were bought and sold.

• For NEWR NEWR, we notice a put option sweep that happens to be bullish, expiring in 16 day(s) on February 18, 2022. This event was a transfer of 850 contract(s) at a $90.00 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 $382.5K, with a price of $450.0 per contract. There were 216 open contracts at this strike prior to today, and today 854 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a put option trade with bearish sentiment. It expires in 71 day(s) on April 14, 2022. Parties traded 23 contract(s) at a $310.00 strike. The total cost received by the writing party (or parties) was $32.8K, with a price of $1428.0 per contract. There were 1877 open contracts at this strike prior to today, and today 388 contract(s) were bought and sold.

• For PAY PAY, we notice a put option sweep that happens to be bearish, expiring in 16 day(s) on February 18, 2022. This event was a transfer of 271 contract(s) at a $25.00 strike. This particular put needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $27.1K, with a price of $100.0 per contract. There were 3172 open contracts at this strike prior to today, and today 363 contract(s) were bought and sold.

• Regarding QCOM QCOM, we observe a call option trade with bullish sentiment. It expires in 352 day(s) on January 20, 2023. Parties traded 50 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $93.0K, with a price of $1860.0 per contract. There were 1846 open contracts at this strike prior to today, and today 308 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.