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.

• For AAPL AAPL, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on May 12, 2023. This event was a transfer of 309 contract(s) at a $172.50 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 $39.8K, with a price of $129.0 per contract. There were 10524 open contracts at this strike prior to today, and today 32668 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on May 12, 2023. Parties traded 160 contract(s) at a $310.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $31.8K, with a price of $199.0 per contract. There were 9413 open contracts at this strike prior to today, and today 25429 contract(s) were bought and sold.

• Regarding NVDA NVDA, we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on May 12, 2023. Parties traded 200 contract(s) at a $285.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $69.0K, with a price of $345.0 per contract. There were 8455 open contracts at this strike prior to today, and today 17805 contract(s) were bought and sold.

• For PLTR PLTR, we notice a call option sweep that happens to be bullish, expiring in 10 day(s) on May 19, 2023. This event was a transfer of 505 contract(s) at a $9.00 strike. This particular call needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $38.8K, with a price of $77.0 per contract. There were 22174 open contracts at this strike prior to today, and today 17798 contract(s) were bought and sold.

• For AMD AMD, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on May 12, 2023. This event was a transfer of 352 contract(s) at a $98.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $26.0K, with a price of $74.0 per contract. There were 4075 open contracts at this strike prior to today, and today 12541 contract(s) were bought and sold.

• For GDDY GDDY, we notice a put option sweep that happens to be neutral, expiring in 192 day(s) on November 17, 2023. This event was a transfer of 217 contract(s) at a $55.00 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 $32.5K, with a price of $150.0 per contract. There were 1 open contracts at this strike prior to today, and today 3164 contract(s) were bought and sold.

• For INTC INTC, we notice a call option trade that happens to be neutral, expiring in 619 day(s) on January 17, 2025. This event was a transfer of 80 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $32.8K, with a price of $410.0 per contract. There were 16613 open contracts at this strike prior to today, and today 1835 contract(s) were bought and sold.

• For TXN TXN, we notice a call option trade that happens to be neutral, expiring in 129 day(s) on September 15, 2023. This event was a transfer of 1000 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $182.0K, with a price of $182.0 per contract. There were 7489 open contracts at this strike prior to today, and today 1022 contract(s) were bought and sold.

• Regarding IBM IBM, we observe a put option sweep with bullish sentiment. It expires in 38 day(s) on June 16, 2023. Parties traded 80 contract(s) at a $125.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $35.7K, with a price of $447.0 per contract. There were 6204 open contracts at this strike prior to today, and today 1016 contract(s) were bought and sold.

• For TWLO TWLO, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on May 12, 2023. This event was a transfer of 100 contract(s) at a $55.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $43.4K, with a price of $435.0 per contract. There were 823 open contracts at this strike prior to today, and today 976 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.