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

• Regarding AAPL AAPL, we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on June 16, 2023. Parties traded 153 contract(s) at a $180.00 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 $46.6K, with a price of $305.0 per contract. There were 68298 open contracts at this strike prior to today, and today 15955 contract(s) were bought and sold.

• For NVDA NVDA, we notice a call option trade that happens to be bullish, is expiring today. Parties traded 70 contract(s) at a $387.50 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $400.0 per contract. There were 3950 open contracts at this strike prior to today, and today 15467 contract(s) were bought and sold.

• For AMD AMD, we notice a call option trade that happens to be bullish, expiring in 14 day(s) on June 23, 2023. This event was a transfer of 100 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $38.8K, with a price of $388.0 per contract. There were 7617 open contracts at this strike prior to today, and today 5429 contract(s) were bought and sold.

• For MSFT MSFT, we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on June 16, 2023. This event was a transfer of 100 contract(s) at a $327.50 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 $41.3K, with a price of $413.0 per contract. There were 5611 open contracts at this strike prior to today, and today 3367 contract(s) were bought and sold.

• Regarding ORCL ORCL, we observe a call option sweep with bullish sentiment. It expires in 189 day(s) on December 15, 2023. Parties traded 124 contract(s) at a $120.00 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 $65.7K, with a price of $530.0 per contract. There were 1823 open contracts at this strike prior to today, and today 1397 contract(s) were bought and sold.

• For CRM CRM, we notice a call option trade that happens to be bullish, expiring in 7 day(s) on June 16, 2023. This event was a transfer of 99 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $69.3K, with a price of $700.0 per contract. There were 10914 open contracts at this strike prior to today, and today 1296 contract(s) were bought and sold.

• For CFLT CFLT, we notice a call option sweep that happens to be bullish, expiring in 7 day(s) on June 16, 2023. This event was a transfer of 421 contract(s) at a $37.00 strike. This particular call needed to be split into 40 different trades to become filled. The total cost received by the writing party (or parties) was $44.2K, with a price of $105.0 per contract. There were 571 open contracts at this strike prior to today, and today 687 contract(s) were bought and sold.

• Regarding ADBE ADBE, we observe a call option sweep with bullish sentiment. It expires in 42 day(s) on July 21, 2023. Parties traded 16 contract(s) at a $465.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $33.2K, with a price of $2080.0 per contract. There were 312 open contracts at this strike prior to today, and today 555 contract(s) were bought and sold.

• For BILL BILL, we notice a put option sweep that happens to be neutral, expiring in 161 day(s) on November 17, 2023. This event was a transfer of 19 contract(s) at a $105.00 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 $26.2K, with a price of $1380.0 per contract. There were 25 open contracts at this strike prior to today, and today 337 contract(s) were bought and sold.

• Regarding PLTR PLTR, we observe a put option sweep with bearish sentiment. It expires in 224 day(s) on January 19, 2024. Parties traded 337 contract(s) at a $10.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $26.2K, with a price of $78.0 per contract. There were 63311 open contracts at this strike prior to today, and today 326 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.