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 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.

Here's the list of options activity happening in today's session:

Explanation

These itemized elaborations have been created using the accompanying table.

• For PLTR PLTR, we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on June 30, 2023. This event was a transfer of 1627 contract(s) at a $14.00 strike. This particular put needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $76.6K, with a price of $47.0 per contract. There were 8420 open contracts at this strike prior to today, and today 35289 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a put option trade with bearish sentiment. It expires in 4 day(s) on June 30, 2023. Parties traded 358 contract(s) at a $187.50 strike. The total cost received by the writing party (or parties) was $89.8K, with a price of $251.0 per contract. There were 11415 open contracts at this strike prior to today, and today 21862 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a put option trade with bearish sentiment. It expires in 4 day(s) on June 30, 2023. Parties traded 140 contract(s) at a $108.00 strike. The total cost received by the writing party (or parties) was $33.8K, with a price of $242.0 per contract. There were 6459 open contracts at this strike prior to today, and today 16693 contract(s) were bought and sold.

• Regarding NVDA NVDA, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on June 30, 2023. Parties traded 50 contract(s) at a $405.00 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 $42.0K, with a price of $841.0 per contract. There were 1065 open contracts at this strike prior to today, and today 14405 contract(s) were bought and sold.

• For ORCL ORCL, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on June 30, 2023. This event was a transfer of 2573 contract(s) at a $123.00 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 $43.7K, with a price of $17.0 per contract. There were 1113 open contracts at this strike prior to today, and today 7198 contract(s) were bought and sold.

• Regarding AI AI, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on June 30, 2023. Parties traded 500 contract(s) at a $35.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $37.5K, with a price of $75.0 per contract. There were 1595 open contracts at this strike prior to today, and today 6120 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option trade with bearish sentiment. It expires in 4 day(s) on June 30, 2023. Parties traded 314 contract(s) at a $332.50 strike. The total cost received by the writing party (or parties) was $82.5K, with a price of $263.0 per contract. There were 1348 open contracts at this strike prior to today, and today 5288 contract(s) were bought and sold.

• Regarding RIOT RIOT, we observe a call option trade with neutral sentiment. It expires in 4 day(s) on June 30, 2023. Parties traded 600 contract(s) at a $11.00 strike. The total cost received by the writing party (or parties) was $28.8K, with a price of $48.0 per contract. There were 2861 open contracts at this strike prior to today, and today 4064 contract(s) were bought and sold.

• Regarding INTU INTU, we observe a call option sweep with bearish sentiment. It expires in 25 day(s) on July 21, 2023. Parties traded 2289 contract(s) at a $520.00 strike. This particular call needed to be split into 77 different trades to become filled. The total cost received by the writing party (or parties) was $160.9K, with a price of $70.0 per contract. There were 350 open contracts at this strike prior to today, and today 2798 contract(s) were bought and sold.

• Regarding APLD APLD, we observe a call option trade with bearish sentiment. It expires in 116 day(s) on October 20, 2023. Parties traded 500 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $127.5K, with a price of $255.0 per contract. There were 76 open contracts at this strike prior to today, and today 908 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.