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 NVDA NVDA, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on January 27, 2023. This event was a transfer of 250 contract(s) at a $200.00 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 $26.2K, with a price of $105.0 per contract. There were 9701 open contracts at this strike prior to today, and today 59394 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on January 27, 2023. Parties traded 200 contract(s) at a $245.00 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 $40.8K, with a price of $204.0 per contract. There were 15191 open contracts at this strike prior to today, and today 25092 contract(s) were bought and sold.

• For AMD AMD, we notice a call option sweep that happens to be bearish, expiring in 8 day(s) on February 3, 2023. This event was a transfer of 550 contract(s) at a $76.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $155.6K, with a price of $283.0 per contract. There were 1849 open contracts at this strike prior to today, and today 7111 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a call option trade with bullish sentiment. It expires in 22 day(s) on February 17, 2023. Parties traded 450 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $83.7K, with a price of $186.0 per contract. There were 52300 open contracts at this strike prior to today, and today 3031 contract(s) were bought and sold.

• For SQ SQ, we notice a call option sweep that happens to be bearish, expiring in 8 day(s) on February 3, 2023. This event was a transfer of 161 contract(s) at a $83.00 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 $29.8K, with a price of $185.0 per contract. There were 1418 open contracts at this strike prior to today, and today 1474 contract(s) were bought and sold.

• Regarding MCHP MCHP, we observe a call option trade with bearish sentiment. It expires in 358 day(s) on January 19, 2024. Parties traded 1360 contract(s) at a $92.50 strike. The total cost received by the writing party (or parties) was $748.0K, with a price of $550.0 per contract. There were 3217 open contracts at this strike prior to today, and today 1360 contract(s) were bought and sold.

• Regarding MA MA, we observe a call option sweep with bullish sentiment. It expires in 22 day(s) on February 17, 2023. Parties traded 100 contract(s) at a $380.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $78.5K, with a price of $785.0 per contract. There were 905 open contracts at this strike prior to today, and today 1082 contract(s) were bought and sold.

• Regarding FLEX FLEX, we observe a call option sweep with bullish sentiment. It expires in 358 day(s) on January 19, 2024. Parties traded 180 contract(s) at a $30.00 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 $25.2K, with a price of $140.0 per contract. There were 873 open contracts at this strike prior to today, and today 431 contract(s) were bought and sold.

• For NOW NOW, we notice a call option trade that happens to be bullish, expiring in 22 day(s) on February 17, 2023. This event was a transfer of 7 contract(s) at a $420.00 strike. The total cost received by the writing party (or parties) was $27.6K, with a price of $3950.0 per contract. There were 671 open contracts at this strike prior to today, and today 236 contract(s) were bought and sold.

• Regarding PANW PANW, we observe a put option sweep with bearish sentiment. It expires in 50 day(s) on March 17, 2023. Parties traded 200 contract(s) at a $135.00 strike. This particular put needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $44.9K, with a price of $225.0 per contract. There were 1309 open contracts at this strike prior to today, and today 228 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.