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 trade with bullish sentiment. It expires in 4 day(s) on December 16, 2022. Parties traded 250 contract(s) at a $67.00 strike. The total cost received by the writing party (or parties) was $28.7K, with a price of $115.0 per contract. There were 3600 open contracts at this strike prior to today, and today 24770 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a put option trade with bearish sentiment. It expires in 39 day(s) on January 20, 2023. Parties traded 85 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $43.3K, with a price of $510.0 per contract. There were 105112 open contracts at this strike prior to today, and today 19619 contract(s) were bought and sold.

• Regarding NVDA NVDA, we observe a put option sweep with bearish sentiment. It expires in 4 day(s) on December 16, 2022. Parties traded 200 contract(s) at a $160.00 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 $31.2K, with a price of $156.0 per contract. There were 11388 open contracts at this strike prior to today, and today 12831 contract(s) were bought and sold.

• For ORCL ORCL, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on December 16, 2022. This event was a transfer of 1000 contract(s) at a $90.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $38.0K, with a price of $38.0 per contract. There were 9624 open contracts at this strike prior to today, and today 5895 contract(s) were bought and sold.

• Regarding PYPL PYPL, we observe a call option sweep with bullish sentiment. It expires in 18 day(s) on December 30, 2022. Parties traded 646 contract(s) at a $75.00 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 $173.0K, with a price of $268.0 per contract. There were 1334 open contracts at this strike prior to today, and today 2653 contract(s) were bought and sold.

• For PANW PANW, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on December 16, 2022. This event was a transfer of 397 contract(s) at a $165.00 strike. This particular call needed to be split into 41 different trades to become filled. The total cost received by the writing party (or parties) was $77.4K, with a price of $195.0 per contract. There were 13594 open contracts at this strike prior to today, and today 2411 contract(s) were bought and sold.

• For ASAN ASAN, we notice a call option sweep that happens to be bullish, expiring in 18 day(s) on December 30, 2022. This event was a transfer of 1829 contract(s) at a $15.00 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $228.6K, with a price of $125.0 per contract. There were 718 open contracts at this strike prior to today, and today 1857 contract(s) were bought and sold.

• Regarding FRSH FRSH, we observe a call option trade with bearish sentiment. It expires in 39 day(s) on January 20, 2023. Parties traded 250 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $37.5K, with a price of $150.0 per contract. There were 2855 open contracts at this strike prior to today, and today 1558 contract(s) were bought and sold.

• For AVGO AVGO, we notice a put option trade that happens to be bearish, expiring in 403 day(s) on January 19, 2024. This event was a transfer of 600 contract(s) at a $420.00 strike. The total cost received by the writing party (or parties) was $1.5 million, with a price of $2640.0 per contract. There were 116 open contracts at this strike prior to today, and today 600 contract(s) were bought and sold.

• For TSM TSM, we notice a put option trade that happens to be bullish, expiring in 46 day(s) on January 27, 2023. This event was a transfer of 600 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $137.4K, with a price of $229.0 per contract. There were 21 open contracts at this strike prior to today, and today 600 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.