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.

• For NVDA NVDA, we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on August 11, 2023. This event was a transfer of 95 contract(s) at a $440.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $51.7K, with a price of $545.0 per contract. There were 8398 open contracts at this strike prior to today, and today 29682 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a put option trade with bearish sentiment. It expires in 3 day(s) on August 11, 2023. Parties traded 100 contract(s) at a $114.00 strike. The total cost received by the writing party (or parties) was $28.5K, with a price of $285.0 per contract. There were 9793 open contracts at this strike prior to today, and today 15144 contract(s) were bought and sold.

• For MSFT MSFT, we notice a put option trade that happens to be bearish, expiring in 3 day(s) on August 11, 2023. This event was a transfer of 120 contract(s) at a $322.50 strike. The total cost received by the writing party (or parties) was $29.4K, with a price of $245.0 per contract. There were 3165 open contracts at this strike prior to today, and today 5860 contract(s) were bought and sold.

• Regarding TDC TDC, we observe a put option trade with bullish sentiment. It expires in 10 day(s) on August 18, 2023. Parties traded 3648 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $145.9K, with a price of $40.0 per contract. There were 13 open contracts at this strike prior to today, and today 4050 contract(s) were bought and sold.

• For DELL DELL, we notice a call option trade that happens to be bullish, expiring in 3 day(s) on August 11, 2023. This event was a transfer of 317 contract(s) at a $56.00 strike. The total cost received by the writing party (or parties) was $69.7K, with a price of $220.0 per contract. There were 219 open contracts at this strike prior to today, and today 3047 contract(s) were bought and sold.

• Regarding SMCI SMCI, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on August 11, 2023. Parties traded 17 contract(s) at a $340.00 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 $49.4K, with a price of $2910.0 per contract. There were 317 open contracts at this strike prior to today, and today 2462 contract(s) were bought and sold.

• For RIOT RIOT, we notice a call option trade that happens to be bullish, expiring in 10 day(s) on August 18, 2023. This event was a transfer of 200 contract(s) at a $17.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $125.0 per contract. There were 1198 open contracts at this strike prior to today, and today 2108 contract(s) were bought and sold.

• For MARA MARA, we notice a call option trade that happens to be bullish, expiring in 10 day(s) on August 18, 2023. This event was a transfer of 200 contract(s) at a $15.50 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $125.0 per contract. There were 376 open contracts at this strike prior to today, and today 2019 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a put option sweep with bearish sentiment. It expires in 73 day(s) on October 20, 2023. Parties traded 228 contract(s) at a $160.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $37.6K, with a price of $165.0 per contract. There were 19781 open contracts at this strike prior to today, and today 1840 contract(s) were bought and sold.

• For MU MU, we notice a put option sweep that happens to be neutral, expiring in 38 day(s) on September 15, 2023. This event was a transfer of 238 contract(s) at a $75.00 strike. This particular put needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $189.2K, with a price of $795.0 per contract. There were 5041 open contracts at this strike prior to today, and today 1610 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.