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.

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.

• For RIOT RIOT, we notice a call option trade that happens to be bearish, expiring in 29 day(s) on April 21, 2023. This event was a transfer of 500 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $45.5K, with a price of $91.0 per contract. There were 18314 open contracts at this strike prior to today, and today 11527 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option sweep with bullish sentiment. It expires in 8 day(s) on March 31, 2023. Parties traded 61 contract(s) at a $280.00 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 $30.1K, with a price of $495.0 per contract. There were 5092 open contracts at this strike prior to today, and today 6719 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a put option sweep with bullish sentiment. It expires in 29 day(s) on April 21, 2023. Parties traded 120 contract(s) at a $155.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $32.8K, with a price of $274.0 per contract. There were 33704 open contracts at this strike prior to today, and today 4009 contract(s) were bought and sold.

• For AMAT AMAT, we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on March 31, 2023. This event was a transfer of 204 contract(s) at a $125.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $48.1K, with a price of $236.0 per contract. There were 3578 open contracts at this strike prior to today, and today 1106 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a call option trade with bearish sentiment. It expires in 302 day(s) on January 19, 2024. Parties traded 26 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $41.0K, with a price of $1580.0 per contract. There were 11992 open contracts at this strike prior to today, and today 1105 contract(s) were bought and sold.

• Regarding DAKT DAKT, we observe a call option trade with bullish sentiment. It expires in 120 day(s) on July 21, 2023. Parties traded 369 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $36.9K, with a price of $100.0 per contract. There were 2343 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.

• For SMCI SMCI, we notice a call option sweep that happens to be bearish, expiring in 57 day(s) on May 19, 2023. This event was a transfer of 31 contract(s) at a $105.00 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 $64.7K, with a price of $2090.0 per contract. There were 658 open contracts at this strike prior to today, and today 391 contract(s) were bought and sold.

• Regarding OKTA OKTA, we observe a put option sweep with bullish sentiment. It expires in 57 day(s) on May 19, 2023. Parties traded 90 contract(s) at a $80.00 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $39.1K, with a price of $435.0 per contract. There were 892 open contracts at this strike prior to today, and today 196 contract(s) were bought and sold.

• For TSM TSM, we notice a put option trade that happens to be neutral, expiring in 29 day(s) on April 21, 2023. This event was a transfer of 100 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $68.5K, with a price of $685.0 per contract. There were 898 open contracts at this strike prior to today, and today 107 contract(s) were bought and sold.

• Regarding QCOM QCOM, we observe a call option sweep with bullish sentiment. It expires in 302 day(s) on January 19, 2024. Parties traded 100 contract(s) at a $125.00 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 $172.1K, with a price of $1722.0 per contract. There were 5814 open contracts at this strike prior to today, and today 105 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.