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 MSFT MSFT, we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on June 9, 2023. This event was a transfer of 452 contract(s) at a $325.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $102.7K, with a price of $227.0 per contract. There were 1918 open contracts at this strike prior to today, and today 8551 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a call option sweep with bullish sentiment. It expires in 44 day(s) on July 21, 2023. Parties traded 40 contract(s) at a $175.00 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 $29.0K, with a price of $725.0 per contract. There were 59564 open contracts at this strike prior to today, and today 4226 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on June 9, 2023. Parties traded 151 contract(s) at a $119.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $26.5K, with a price of $175.0 per contract. There were 2883 open contracts at this strike prior to today, and today 3911 contract(s) were bought and sold.

• Regarding PLTR PLTR, we observe a put option sweep with bullish sentiment. It expires in 9 day(s) on June 16, 2023. Parties traded 330 contract(s) at a $15.50 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $40.5K, with a price of $123.0 per contract. There were 2080 open contracts at this strike prior to today, and today 2514 contract(s) were bought and sold.

• Regarding NVDA NVDA, we observe a call option sweep with neutral sentiment. It expires in 9 day(s) on June 16, 2023. Parties traded 50 contract(s) at a $380.00 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 $56.5K, with a price of $1130.0 per contract. There were 6673 open contracts at this strike prior to today, and today 2311 contract(s) were bought and sold.

• Regarding AI AI, we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on June 9, 2023. Parties traded 217 contract(s) at a $35.50 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $31.4K, with a price of $145.0 per contract. There were 2184 open contracts at this strike prior to today, and today 2197 contract(s) were bought and sold.

• Regarding CRM CRM, we observe a put option sweep with bullish sentiment. It expires in 16 day(s) on June 23, 2023. Parties traded 500 contract(s) at a $210.00 strike. This particular put needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $370.7K, with a price of $745.0 per contract. There were 188 open contracts at this strike prior to today, and today 1043 contract(s) were bought and sold.

• For KLAC KLAC, we notice a call option sweep that happens to be bearish, expiring in 44 day(s) on July 21, 2023. This event was a transfer of 7 contract(s) at a $440.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $25.2K, with a price of $3600.0 per contract. There were 12 open contracts at this strike prior to today, and today 780 contract(s) were bought and sold.

• Regarding STX STX, we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on June 9, 2023. Parties traded 350 contract(s) at a $59.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $50.7K, with a price of $145.0 per contract. There were 203 open contracts at this strike prior to today, and today 615 contract(s) were bought and sold.

• For MSTR MSTR, we notice a put option sweep that happens to be bullish, expiring in 2 day(s) on June 9, 2023. This event was a transfer of 78 contract(s) at a $285.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $36.5K, with a price of $470.0 per contract. There were 175 open contracts at this strike prior to today, and today 426 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.