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 4 day(s) on September 1, 2023. This event was a transfer of 301 contract(s) at a $500.00 strike. This particular call needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $40.2K, with a price of $134.0 per contract. There were 21214 open contracts at this strike prior to today, and today 28949 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a call option trade with bullish sentiment. It expires in 18 day(s) on September 15, 2023. Parties traded 250 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $87.5K, with a price of $350.0 per contract. There were 47606 open contracts at this strike prior to today, and today 11343 contract(s) were bought and sold.

• For ORCL ORCL, we notice a call option trade that happens to be bearish, expiring in 25 day(s) on September 22, 2023. This event was a transfer of 98 contract(s) at a $116.00 strike. The total cost received by the writing party (or parties) was $52.9K, with a price of $540.0 per contract. There were 2630 open contracts at this strike prior to today, and today 2128 contract(s) were bought and sold.

• For PANW PANW, we notice a put option trade that happens to be bearish, expiring in 4 day(s) on September 1, 2023. This event was a transfer of 200 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $43.2K, with a price of $216.0 per contract. There were 647 open contracts at this strike prior to today, and today 1435 contract(s) were bought and sold.

• For TSM TSM, we notice a put option trade that happens to be neutral, expiring in 81 day(s) on November 17, 2023. This event was a transfer of 1000 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $535.0K, with a price of $535.0 per contract. There were 4225 open contracts at this strike prior to today, and today 1108 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option sweep with neutral sentiment. It expires in 18 day(s) on September 15, 2023. Parties traded 100 contract(s) at a $330.00 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 $43.4K, with a price of $435.0 per contract. There were 29372 open contracts at this strike prior to today, and today 1033 contract(s) were bought and sold.

• For CRWD CRWD, we notice a call option trade that happens to be bullish, expiring in 4 day(s) on September 1, 2023. This event was a transfer of 200 contract(s) at a $152.50 strike. The total cost received by the writing party (or parties) was $60.0K, with a price of $300.0 per contract. There were 670 open contracts at this strike prior to today, and today 1004 contract(s) were bought and sold.

• Regarding INTC INTC, we observe a put option sweep with bullish sentiment. It expires in 81 day(s) on November 17, 2023. Parties traded 300 contract(s) at a $33.00 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $57.9K, with a price of $193.0 per contract. There were 4850 open contracts at this strike prior to today, and today 929 contract(s) were bought and sold.

• For MRVL MRVL, we notice a call option sweep that happens to be bullish, expiring in 298 day(s) on June 21, 2024. This event was a transfer of 253 contract(s) at a $60.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $193.5K, with a price of $765.0 per contract. There were 1339 open contracts at this strike prior to today, and today 589 contract(s) were bought and sold.

• Regarding CRM CRM, we observe a put option trade with bullish sentiment. It expires in 508 day(s) on January 17, 2025. Parties traded 5 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $44.4K, with a price of $8880.0 per contract. There were 21 open contracts at this strike prior to today, and today 388 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.