10 Information Technology Stocks With Whale Alerts 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 bullet-by-bullet explanations have been constructed using the accompanying table.

• Regarding AAPL AAPL, we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on May 19, 2023. Parties traded 1007 contract(s) at a $175.00 strike. This particular call needed to be split into 44 different trades to become filled. The total cost received by the writing party (or parties) was $53.9K, with a price of $53.0 per contract. There were 64483 open contracts at this strike prior to today, and today 144110 contract(s) were bought and sold.

• For NVDA NVDA, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on May 19, 2023. This event was a transfer of 1167 contract(s) at a $315.00 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 $501.8K, with a price of $430.0 per contract. There were 6245 open contracts at this strike prior to today, and today 77842 contract(s) were bought and sold.

• For MSFT MSFT, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on May 19, 2023. This event was a transfer of 248 contract(s) at a $315.00 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 $71.9K, with a price of $290.0 per contract. There were 35747 open contracts at this strike prior to today, and today 23086 contract(s) were bought and sold.

• For INTC INTC, we notice a call option sweep that happens to be bearish, expiring in 29 day(s) on June 16, 2023. This event was a transfer of 700 contract(s) at a $30.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $63.0K, with a price of $90.0 per contract. There were 50940 open contracts at this strike prior to today, and today 3468 contract(s) were bought and sold.

• For PSTG PSTG, we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on May 19, 2023. This event was a transfer of 371 contract(s) at a $23.00 strike. This particular call needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $55.6K, with a price of $150.0 per contract. There were 7381 open contracts at this strike prior to today, and today 3175 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a call option sweep with bearish sentiment. It expires in 64 day(s) on July 21, 2023. Parties traded 52 contract(s) at a $105.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $46.7K, with a price of $900.0 per contract. There were 9023 open contracts at this strike prior to today, and today 3051 contract(s) were bought and sold.

• For AI AI, we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on May 19, 2023. This event was a transfer of 704 contract(s) at a $25.00 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 $28.1K, with a price of $40.0 per contract. There were 7565 open contracts at this strike prior to today, and today 2982 contract(s) were bought and sold.

• For ON ON, we notice a call option sweep that happens to be neutral, expiring in 1 day(s) on May 19, 2023. This event was a transfer of 73 contract(s) at a $81.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $35.6K, with a price of $489.0 per contract. There were 3847 open contracts at this strike prior to today, and today 1490 contract(s) were bought and sold.

• For NOW NOW, we notice a call option trade that happens to be bullish, expiring in 1 day(s) on May 19, 2023. This event was a transfer of 40 contract(s) at a $500.00 strike. The total cost received by the writing party (or parties) was $29.8K, with a price of $745.0 per contract. There were 1467 open contracts at this strike prior to today, and today 1382 contract(s) were bought and sold.

• Regarding MU MU, we observe a call option trade with bullish sentiment. It expires in 29 day(s) on June 16, 2023. Parties traded 81 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $69.6K, with a price of $860.0 per contract. There were 26340 open contracts at this strike prior to today, and today 838 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.