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.

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

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding NVDA NVDA, we observe a put option trade with bearish sentiment. It expires in 1 day(s) on August 11, 2023. Parties traded 60 contract(s) at a $425.00 strike. The total cost received by the writing party (or parties) was $33.6K, with a price of $561.0 per contract. There were 9898 open contracts at this strike prior to today, and today 49545 contract(s) were bought and sold.

• For MSFT MSFT, we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on August 11, 2023. This event was a transfer of 237 contract(s) at a $320.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $27.7K, with a price of $117.0 per contract. There were 5323 open contracts at this strike prior to today, and today 8373 contract(s) were bought and sold.

• For AAPL AAPL, we notice a call option trade that happens to be bearish, expiring in 36 day(s) on September 15, 2023. This event was a transfer of 91 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $37.3K, with a price of $410.0 per contract. There were 36123 open contracts at this strike prior to today, and today 5260 contract(s) were bought and sold.

• Regarding PLTR PLTR, we observe a put option trade with bearish sentiment. It expires in 526 day(s) on January 17, 2025. Parties traded 181 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $28.4K, with a price of $157.0 per contract. There were 20459 open contracts at this strike prior to today, and today 3658 contract(s) were bought and sold.

• Regarding ASAN ASAN, we observe a call option sweep with bullish sentiment. It expires in 8 day(s) on August 18, 2023. Parties traded 2556 contract(s) at a $21.00 strike. This particular call needed to be split into 54 different trades to become filled. The total cost received by the writing party (or parties) was $178.9K, with a price of $70.0 per contract. There were 27 open contracts at this strike prior to today, and today 2584 contract(s) were bought and sold.

• For IONQ IONQ, we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on August 11, 2023. This event was a transfer of 1270 contract(s) at a $18.00 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 $26.6K, with a price of $21.0 per contract. There were 2048 open contracts at this strike prior to today, and today 1578 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a put option sweep with bearish sentiment. It expires in 8 day(s) on August 18, 2023. Parties traded 250 contract(s) at a $106.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $30.5K, with a price of $122.0 per contract. There were 1290 open contracts at this strike prior to today, and today 1578 contract(s) were bought and sold.

• Regarding NOW NOW, we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on August 18, 2023. Parties traded 100 contract(s) at a $570.00 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 $42.2K, with a price of $419.0 per contract. There were 168 open contracts at this strike prior to today, and today 899 contract(s) were bought and sold.

• For IBM IBM, we notice a call option trade that happens to be bullish, expiring in 36 day(s) on September 15, 2023. This event was a transfer of 500 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $280.0K, with a price of $560.0 per contract. There were 5719 open contracts at this strike prior to today, and today 538 contract(s) were bought and sold.

• For SMCI SMCI, we notice a put option sweep that happens to be bearish, expiring in 36 day(s) on September 15, 2023. This event was a transfer of 96 contract(s) at a $320.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $528.9K, with a price of $5510.0 per contract. There were 2098 open contracts at this strike prior to today, and today 499 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.