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 bullet-by-bullet explanations have been constructed using the accompanying table.

• Regarding NVDA NVDA, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on May 5, 2023. Parties traded 69 contract(s) at a $290.00 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 $32.4K, with a price of $470.0 per contract. There were 11289 open contracts at this strike prior to today, and today 45053 contract(s) were bought and sold.

• For AAPL AAPL, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on May 5, 2023. This event was a transfer of 200 contract(s) at a $175.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $28.2K, with a price of $141.0 per contract. There were 33811 open contracts at this strike prior to today, and today 32805 contract(s) were bought and sold.

• For CSCO CSCO, we notice a call option trade that happens to be bearish, expiring in 18 day(s) on May 19, 2023. This event was a transfer of 700 contract(s) at a $49.50 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $40.0 per contract. There were 154 open contracts at this strike prior to today, and today 9887 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on May 5, 2023. Parties traded 588 contract(s) at a $315.00 strike. This particular call needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $40.5K, with a price of $69.0 per contract. There were 4276 open contracts at this strike prior to today, and today 7582 contract(s) were bought and sold.

• For TSM TSM, we notice a call option trade that happens to be bullish, expiring in 81 day(s) on July 21, 2023. This event was a transfer of 101 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $26.4K, with a price of $262.0 per contract. There were 6576 open contracts at this strike prior to today, and today 362 contract(s) were bought and sold.

• For MSTR MSTR, we notice a call option sweep that happens to be bearish, expiring in 46 day(s) on June 16, 2023. This event was a transfer of 35 contract(s) at a $400.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $29.7K, with a price of $850.0 per contract. There were 593 open contracts at this strike prior to today, and today 244 contract(s) were bought and sold.

• Regarding MARA MARA, we observe a call option sweep with bullish sentiment. It expires in 263 day(s) on January 19, 2024. Parties traded 200 contract(s) at a $9.00 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 $72.0K, with a price of $360.0 per contract. There were 238 open contracts at this strike prior to today, and today 204 contract(s) were bought and sold.

• For ORCL ORCL, we notice a put option sweep that happens to be neutral, expiring in 137 day(s) on September 15, 2023. This event was a transfer of 150 contract(s) at a $95.00 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $79.5K, with a price of $530.0 per contract. There were 930 open contracts at this strike prior to today, and today 156 contract(s) were bought and sold.

• For SMCI SMCI, we notice a put option trade that happens to be bullish, expiring in 109 day(s) on August 18, 2023. This event was a transfer of 36 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $55.0K, with a price of $1530.0 per contract. There were 174 open contracts at this strike prior to today, and today 129 contract(s) were bought and sold.

• Regarding ADBE ADBE, we observe a put option trade with bearish sentiment. It expires in 263 day(s) on January 19, 2024. Parties traded 100 contract(s) at a $260.00 strike. The total cost received by the writing party (or parties) was $59.5K, with a price of $595.0 per contract. There were 592 open contracts at this strike prior to today, and today 100 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.