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.

Below are some instances of options activity happening in the Information Technology sector:

Explanation

These itemized elaborations have been created using the accompanying table.

• For NVDA NVDA, we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 584 contract(s) at a $445.00 strike. This particular put needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $52.2K, with a price of $87.0 per contract. There were 8162 open contracts at this strike prior to today, and today 63443 contract(s) were bought and sold.

• For AAPL AAPL, we notice a put option trade that happens to be bullish, expiring in 7 day(s) on July 28, 2023. This event was a transfer of 100 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $34.0K, with a price of $340.0 per contract. There were 12090 open contracts at this strike prior to today, and today 16370 contract(s) were bought and sold.

• For AMD AMD, we notice a put option sweep that happens to be bullish, is expiring today. Parties traded 440 contract(s) at a $112.00 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 $31.2K, with a price of $71.0 per contract. There were 6010 open contracts at this strike prior to today, and today 10224 contract(s) were bought and sold.

• For PLTR PLTR, we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 1761 contract(s) at a $17.00 strike. This particular put needed to be split into 44 different trades to become filled. The total cost received by the writing party (or parties) was $53.0K, with a price of $30.0 per contract. There were 11673 open contracts at this strike prior to today, and today 8095 contract(s) were bought and sold.

• For U U, we notice a call option trade that happens to be bullish, expiring in 336 day(s) on June 21, 2024. This event was a transfer of 157 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $75.3K, with a price of $480.0 per contract. There were 807 open contracts at this strike prior to today, and today 712 contract(s) were bought and sold.

• Regarding ORCL ORCL, we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on July 28, 2023. Parties traded 299 contract(s) at a $118.00 strike. This particular call needed to be split into 44 different trades to become filled. The total cost received by the writing party (or parties) was $58.6K, with a price of $196.0 per contract. There were 6826 open contracts at this strike prior to today, and today 670 contract(s) were bought and sold.

• For AMAT AMAT, we notice a put option sweep that happens to be bullish, is expiring today. Parties traded 101 contract(s) at a $141.00 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 $48.0K, with a price of $475.0 per contract. There were 1364 open contracts at this strike prior to today, and today 448 contract(s) were bought and sold.

• Regarding SNOW SNOW, we observe a put option sweep with bullish sentiment. It expires in 7 day(s) on July 28, 2023. Parties traded 78 contract(s) at a $177.50 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 $40.2K, with a price of $516.0 per contract. There were 255 open contracts at this strike prior to today, and today 428 contract(s) were bought and sold.

• For TSM TSM, we notice a put option trade that happens to be bearish, expiring in 91 day(s) on October 20, 2023. This event was a transfer of 45 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $28.8K, with a price of $640.0 per contract. There were 2568 open contracts at this strike prior to today, and today 423 contract(s) were bought and sold.

• Regarding DOCU DOCU, we observe a put option trade with bullish sentiment. It expires in 56 day(s) on September 15, 2023. Parties traded 62 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $57.0K, with a price of $920.0 per contract. There were 788 open contracts at this strike prior to today, and today 311 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.