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 PLTR PLTR, we observe a call option trade with bullish sentiment. It expires in 1 day(s) on June 16, 2023. Parties traded 6498 contract(s) at a $16.00 strike. The total cost received by the writing party (or parties) was $435.3K, with a price of $67.0 per contract. There were 51192 open contracts at this strike prior to today, and today 47631 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 June 16, 2023. This event was a transfer of 406 contract(s) at a $345.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $97.4K, with a price of $240.0 per contract. There were 6191 open contracts at this strike prior to today, and today 37247 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 June 16, 2023. This event was a transfer of 158 contract(s) at a $425.00 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 $130.3K, with a price of $825.0 per contract. There were 12215 open contracts at this strike prior to today, and today 33460 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a call option trade with bearish sentiment. It expires in 1 day(s) on June 16, 2023. Parties traded 44 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $67.0K, with a price of $1524.0 per contract. There were 47407 open contracts at this strike prior to today, and today 10897 contract(s) were bought and sold.

• For ADBE ADBE, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on June 16, 2023. This event was a transfer of 49 contract(s) at a $500.00 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 $66.3K, with a price of $1355.0 per contract. There were 4408 open contracts at this strike prior to today, and today 3137 contract(s) were bought and sold.

• For PANW PANW, we notice a call option trade that happens to be bearish, expiring in 1 day(s) on June 16, 2023. This event was a transfer of 300 contract(s) at a $242.50 strike. The total cost received by the writing party (or parties) was $71.4K, with a price of $238.0 per contract. There were 1228 open contracts at this strike prior to today, and today 1869 contract(s) were bought and sold.

• Regarding VMW VMW, we observe a put option trade with bearish sentiment. It expires in 218 day(s) on January 19, 2024. Parties traded 60 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $48.0K, with a price of $800.0 per contract. There were 21959 open contracts at this strike prior to today, and today 1815 contract(s) were bought and sold.

• Regarding HPE HPE, we observe a call option trade with bearish sentiment. It expires in 36 day(s) on July 21, 2023. Parties traded 500 contract(s) at a $17.00 strike. The total cost received by the writing party (or parties) was $32.5K, with a price of $65.0 per contract. There were 5067 open contracts at this strike prior to today, and today 1738 contract(s) were bought and sold.

• Regarding ORCL ORCL, we observe a put option sweep with bearish sentiment. It expires in 8 day(s) on June 23, 2023. Parties traded 200 contract(s) at a $126.00 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 $43.2K, with a price of $216.0 per contract. There were 47 open contracts at this strike prior to today, and today 1119 contract(s) were bought and sold.

• For SPLK SPLK, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on June 16, 2023. This event was a transfer of 144 contract(s) at a $110.00 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 $29.8K, with a price of $207.0 per contract. There were 1767 open contracts at this strike prior to today, and today 1079 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.