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 itemized elaborations have been created using the accompanying table.

• For ZS ZS, we notice a call option sweep that happens to be bearish, expiring in 107 day(s) on July 21, 2023. This event was a transfer of 84 contract(s) at a $125.00 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 $42.0K, with a price of $500.0 per contract. There were 319 open contracts at this strike prior to today, and today 11673 contract(s) were bought and sold.

• Regarding DBX DBX, we observe a put option sweep with bearish sentiment. It expires in 44 day(s) on May 19, 2023. Parties traded 1909 contract(s) at a $20.00 strike. This particular put needed to be split into 41 different trades to become filled. The total cost received by the writing party (or parties) was $114.5K, with a price of $60.0 per contract. There were 2290 open contracts at this strike prior to today, and today 4587 contract(s) were bought and sold.

• For AI AI, we notice a call option sweep that happens to be bearish, expiring in 16 day(s) on April 21, 2023. This event was a transfer of 756 contract(s) at a $30.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $30.3K, with a price of $40.0 per contract. There were 10962 open contracts at this strike prior to today, and today 4436 contract(s) were bought and sold.

• For MSFT MSFT, we notice a put option trade that happens to be neutral, expiring in 1 day(s) on April 6, 2023. This event was a transfer of 100 contract(s) at a $287.50 strike. The total cost received by the writing party (or parties) was $42.4K, with a price of $424.0 per contract. There were 3862 open contracts at this strike prior to today, and today 2339 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on April 6, 2023. Parties traded 50 contract(s) at a $155.00 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 $39.5K, with a price of $790.0 per contract. There were 3526 open contracts at this strike prior to today, and today 1806 contract(s) were bought and sold.

• For MRVL MRVL, we notice a call option sweep that happens to be bullish, expiring in 9 day(s) on April 14, 2023. This event was a transfer of 449 contract(s) at a $41.00 strike. This particular call needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $29.6K, with a price of $66.0 per contract. There were 580 open contracts at this strike prior to today, and today 1197 contract(s) were bought and sold.

• For U U, we notice a put option sweep that happens to be bearish, expiring in 16 day(s) on April 21, 2023. This event was a transfer of 901 contract(s) at a $27.50 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $72.0K, with a price of $80.0 per contract. There were 1017 open contracts at this strike prior to today, and today 916 contract(s) were bought and sold.

• For CRM CRM, we notice a put option sweep that happens to be bullish, expiring in 72 day(s) on June 16, 2023. This event was a transfer of 340 contract(s) at a $155.00 strike. This particular put needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $64.9K, with a price of $191.0 per contract. There were 2364 open contracts at this strike prior to today, and today 655 contract(s) were bought and sold.

• Regarding QCOM QCOM, we observe a put option trade with bearish sentiment. It expires in 72 day(s) on June 16, 2023. Parties traded 500 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $330.0K, with a price of $660.0 per contract. There were 7567 open contracts at this strike prior to today, and today 514 contract(s) were bought and sold.

• Regarding INTC INTC, we observe a call option trade with neutral sentiment. It expires in 653 day(s) on January 17, 2025. Parties traded 100 contract(s) at a $42.50 strike. The total cost received by the writing party (or parties) was $32.5K, with a price of $325.0 per contract. There were 3484 open contracts at this strike prior to today, and today 504 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.