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 NVDA NVDA, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on July 14, 2023. This event was a transfer of 100 contract(s) at a $450.00 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 $40.5K, with a price of $405.0 per contract. There were 16053 open contracts at this strike prior to today, and today 62695 contract(s) were bought and sold.

• For AMD AMD, we notice a call option trade that happens to be bullish, expiring in 8 day(s) on July 21, 2023. This event was a transfer of 150 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $41.5K, with a price of $277.0 per contract. There were 20091 open contracts at this strike prior to today, and today 13658 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option sweep with bullish sentiment. It expires in 8 day(s) on July 21, 2023. Parties traded 152 contract(s) at a $350.00 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 $25.5K, with a price of $168.0 per contract. There were 13569 open contracts at this strike prior to today, and today 4948 contract(s) were bought and sold.

• For RIOT RIOT, we notice a call option sweep that happens to be bearish, expiring in 8 day(s) on July 21, 2023. This event was a transfer of 400 contract(s) at a $21.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $44.8K, with a price of $112.0 per contract. There were 1264 open contracts at this strike prior to today, and today 4354 contract(s) were bought and sold.

• Regarding MRVL MRVL, we observe a call option sweep with bullish sentiment. It expires in 8 day(s) on July 21, 2023. Parties traded 200 contract(s) at a $65.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $34.0K, with a price of $170.0 per contract. There were 5358 open contracts at this strike prior to today, and today 2959 contract(s) were bought and sold.

• For INTC INTC, we notice a put option sweep that happens to be bullish, expiring in 36 day(s) on August 18, 2023. This event was a transfer of 325 contract(s) at a $32.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $31.2K, with a price of $96.0 per contract. There were 5995 open contracts at this strike prior to today, and today 1595 contract(s) were bought and sold.

• Regarding MSTR MSTR, we observe a call option trade with bearish sentiment. It expires in 1 day(s) on July 14, 2023. Parties traded 40 contract(s) at a $430.00 strike. The total cost received by the writing party (or parties) was $45.9K, with a price of $1148.0 per contract. There were 697 open contracts at this strike prior to today, and today 894 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a call option trade with neutral sentiment. It expires in 190 day(s) on January 19, 2024. Parties traded 47 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $54.9K, with a price of $1170.0 per contract. There were 20567 open contracts at this strike prior to today, and today 721 contract(s) were bought and sold.

• Regarding PANW PANW, we observe a call option sweep with bullish sentiment. It expires in 64 day(s) on September 15, 2023. Parties traded 214 contract(s) at a $250.00 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 $229.4K, with a price of $1073.0 per contract. There were 2232 open contracts at this strike prior to today, and today 695 contract(s) were bought and sold.

• Regarding ORCL ORCL, we observe a call option trade with bullish sentiment. It expires in 36 day(s) on August 18, 2023. Parties traded 100 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $54.9K, with a price of $549.0 per contract. There were 5844 open contracts at this strike prior to today, and today 675 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.