10 Information Technology Stocks With Whale Alerts 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 bullet-by-bullet explanations have been constructed using the accompanying table.

• For NVDA NVDA, we notice a call option trade that happens to be bearish, expiring in 4 day(s) on July 28, 2023. This event was a transfer of 47 contract(s) at a $447.50 strike. The total cost received by the writing party (or parties) was $45.4K, with a price of $968.0 per contract. There were 1768 open contracts at this strike prior to today, and today 9846 contract(s) were bought and sold.

• Regarding ORCL ORCL, we observe a call option sweep with bearish sentiment. It expires in 53 day(s) on September 15, 2023. Parties traded 96 contract(s) at a $125.00 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 $25.9K, with a price of $270.0 per contract. There were 10322 open contracts at this strike prior to today, and today 1252 contract(s) were bought and sold.

• Regarding SMCI SMCI, we observe a call option trade with bullish sentiment. It expires in 4 day(s) on July 28, 2023. Parties traded 50 contract(s) at a $297.50 strike. The total cost received by the writing party (or parties) was $68.7K, with a price of $1375.0 per contract. There were 331 open contracts at this strike prior to today, and today 1226 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on July 28, 2023. Parties traded 60 contract(s) at a $330.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $108.6K, with a price of $1810.0 per contract. There were 3340 open contracts at this strike prior to today, and today 1066 contract(s) were bought and sold.

• For CSCO CSCO, we notice a call option sweep that happens to be bullish, expiring in 543 day(s) on January 17, 2025. This event was a transfer of 50 contract(s) at a $52.50 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $34.0K, with a price of $680.0 per contract. There were 6012 open contracts at this strike prior to today, and today 1012 contract(s) were bought and sold.

• Regarding INTC INTC, we observe a put option sweep with bearish sentiment. It expires in 53 day(s) on September 15, 2023. Parties traded 200 contract(s) at a $33.00 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 $31.4K, with a price of $157.0 per contract. There were 9531 open contracts at this strike prior to today, and today 923 contract(s) were bought and sold.

• Regarding IBM IBM, we observe a call option trade with bearish sentiment. It expires in 4 day(s) on July 28, 2023. Parties traded 150 contract(s) at a $137.00 strike. The total cost received by the writing party (or parties) was $38.2K, with a price of $255.0 per contract. There were 1100 open contracts at this strike prior to today, and today 540 contract(s) were bought and sold.

• Regarding PLTR PLTR, we observe a call option sweep with bullish sentiment. It expires in 116 day(s) on November 17, 2023. Parties traded 114 contract(s) at a $17.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $27.8K, with a price of $244.0 per contract. There were 11351 open contracts at this strike prior to today, and today 524 contract(s) were bought and sold.

• For AAPL AAPL, we notice a put option sweep that happens to be neutral, expiring in 179 day(s) on January 19, 2024. This event was a transfer of 360 contract(s) at a $145.00 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 $38.8K, with a price of $108.0 per contract. There were 28239 open contracts at this strike prior to today, and today 421 contract(s) were bought and sold.

• For CRM CRM, we notice a call option trade that happens to be bullish, expiring in 25 day(s) on August 18, 2023. This event was a transfer of 325 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $1.4 million, with a price of $4514.0 per contract. There were 611 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.