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.

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 AAPL AAPL, we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on April 14, 2023. This event was a transfer of 700 contract(s) at a $162.50 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 $54.6K, with a price of $78.0 per contract. There were 22753 open contracts at this strike prior to today, and today 62861 contract(s) were bought and sold.

• For MSFT MSFT, we notice a call option trade that happens to be bullish, expiring in 9 day(s) on April 21, 2023. This event was a transfer of 49 contract(s) at a $285.00 strike. The total cost received by the writing party (or parties) was $26.7K, with a price of $545.0 per contract. There were 13714 open contracts at this strike prior to today, and today 10571 contract(s) were bought and sold.

• Regarding NVDA NVDA, we observe a call option trade with bullish sentiment. It expires in 9 day(s) on April 21, 2023. Parties traded 80 contract(s) at a $270.00 strike. The total cost received by the writing party (or parties) was $49.2K, with a price of $615.0 per contract. There were 8546 open contracts at this strike prior to today, and today 5382 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 April 14, 2023. Parties traded 445 contract(s) at a $40.00 strike. This particular call needed to be split into 70 different trades to become filled. The total cost received by the writing party (or parties) was $28.9K, with a price of $65.0 per contract. There were 1436 open contracts at this strike prior to today, and today 2245 contract(s) were bought and sold.

• For RIOT RIOT, we notice a put option sweep that happens to be bullish, expiring in 9 day(s) on April 21, 2023. This event was a transfer of 874 contract(s) at a $11.50 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 $43.7K, with a price of $50.0 per contract. There were 1554 open contracts at this strike prior to today, and today 1889 contract(s) were bought and sold.

• For MU MU, we notice a call option trade that happens to be neutral, expiring in 282 day(s) on January 19, 2024. This event was a transfer of 1000 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $505.0K, with a price of $505.0 per contract. There were 6415 open contracts at this strike prior to today, and today 1110 contract(s) were bought and sold.

• For AI AI, we notice a call option sweep that happens to be bullish, expiring in 37 day(s) on May 19, 2023. This event was a transfer of 198 contract(s) at a $25.00 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 $40.6K, with a price of $205.0 per contract. There were 2553 open contracts at this strike prior to today, and today 1015 contract(s) were bought and sold.

• For CSCO CSCO, we notice a call option sweep that happens to be bearish, expiring in 100 day(s) on July 21, 2023. This event was a transfer of 633 contract(s) at a $55.00 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 $46.2K, with a price of $73.0 per contract. There were 15789 open contracts at this strike prior to today, and today 763 contract(s) were bought and sold.

• Regarding AYX AYX, we observe a put option sweep with bearish sentiment. It expires in 37 day(s) on May 19, 2023. Parties traded 412 contract(s) at a $45.00 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 $55.6K, with a price of $135.0 per contract. There were 1347 open contracts at this strike prior to today, and today 429 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a call option sweep with bearish sentiment. It expires in 282 day(s) on January 19, 2024. Parties traded 100 contract(s) at a $95.00 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 $161.0K, with a price of $1610.0 per contract. There were 8603 open contracts at this strike prior to today, and today 260 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.