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 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 bullet-by-bullet explanations have been constructed using the accompanying table.

• For AAPL AAPL, we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on September 8, 2023. This event was a transfer of 710 contract(s) at a $190.00 strike. This particular put needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $119.9K, with a price of $169.0 per contract. There were 9385 open contracts at this strike prior to today, and today 19607 contract(s) were bought and sold.

• For INTC INTC, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on September 8, 2023. This event was a transfer of 1226 contract(s) at a $37.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $44.2K, with a price of $36.0 per contract. There were 1226 open contracts at this strike prior to today, and today 7620 contract(s) were bought and sold.

• Regarding RIOT RIOT, we observe a call option sweep with bullish sentiment. It expires in 11 day(s) on September 15, 2023. Parties traded 599 contract(s) at a $12.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $26.3K, with a price of $44.0 per contract. There were 5656 open contracts at this strike prior to today, and today 6660 contract(s) were bought and sold.

• For NVDA NVDA, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on September 8, 2023. This event was a transfer of 53 contract(s) at a $480.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $62.8K, with a price of $1190.0 per contract. There were 4277 open contracts at this strike prior to today, and today 5830 contract(s) were bought and sold.

• Regarding IOT IOT, we observe a call option sweep with bearish sentiment. It expires in 11 day(s) on September 15, 2023. Parties traded 615 contract(s) at a $30.00 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 $98.4K, with a price of $160.0 per contract. There were 9892 open contracts at this strike prior to today, and today 5490 contract(s) were bought and sold.

• Regarding SMCI SMCI, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on September 8, 2023. Parties traded 300 contract(s) at a $275.00 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 $396.5K, with a price of $1326.0 per contract. There were 413 open contracts at this strike prior to today, and today 800 contract(s) were bought and sold.

• For MU MU, we notice a call option sweep that happens to be bullish, expiring in 46 day(s) on October 20, 2023. This event was a transfer of 400 contract(s) at a $80.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $33.6K, with a price of $84.0 per contract. There were 4369 open contracts at this strike prior to today, and today 715 contract(s) were bought and sold.

• Regarding GTLB GTLB, we observe a put option sweep with bearish sentiment. It expires in 4 day(s) on September 8, 2023. Parties traded 291 contract(s) at a $45.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $64.0K, with a price of $220.0 per contract. There were 36 open contracts at this strike prior to today, and today 537 contract(s) were bought and sold.

• Regarding ORCL ORCL, we observe a call option sweep with bullish sentiment. It expires in 11 day(s) on September 15, 2023. Parties traded 150 contract(s) at a $125.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $195.0 per contract. There were 13108 open contracts at this strike prior to today, and today 516 contract(s) were bought and sold.

• Regarding CSCO CSCO, we observe a call option trade with bearish sentiment. It expires in 291 day(s) on June 21, 2024. Parties traded 233 contract(s) at a $62.50 strike. The total cost received by the writing party (or parties) was $68.0K, with a price of $292.0 per contract. There were 1718 open contracts at this strike prior to today, and today 314 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.