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.

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.

• Regarding MSFT MSFT, we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on September 15, 2023. Parties traded 100 contract(s) at a $335.00 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 $40.5K, with a price of $407.0 per contract. There were 11500 open contracts at this strike prior to today, and today 4654 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on September 8, 2023. Parties traded 333 contract(s) at a $111.00 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 $69.9K, with a price of $210.0 per contract. There were 925 open contracts at this strike prior to today, and today 4040 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a put option sweep with bullish sentiment. It expires in 45 day(s) on October 20, 2023. Parties traded 193 contract(s) at a $185.00 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 $57.9K, with a price of $300.0 per contract. There were 29452 open contracts at this strike prior to today, and today 3806 contract(s) were bought and sold.

• Regarding SMCI SMCI, we observe a call option sweep with neutral sentiment. It expires in 3 day(s) on September 8, 2023. Parties traded 992 contract(s) at a $300.00 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 $183.5K, with a price of $185.0 per contract. There were 1686 open contracts at this strike prior to today, and today 2533 contract(s) were bought and sold.

• Regarding CSCO CSCO, we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on September 15, 2023. Parties traded 112 contract(s) at a $55.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $26.9K, with a price of $241.0 per contract. There were 37560 open contracts at this strike prior to today, and today 1720 contract(s) were bought and sold.

• Regarding NVDA NVDA, we observe a call option trade with neutral sentiment. It expires in 45 day(s) on October 20, 2023. Parties traded 20 contract(s) at a $520.00 strike. The total cost received by the writing party (or parties) was $30.3K, with a price of $1517.0 per contract. There were 3854 open contracts at this strike prior to today, and today 1302 contract(s) were bought and sold.

• Regarding U U, we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on September 15, 2023. Parties traded 300 contract(s) at a $38.00 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 $28.5K, with a price of $95.0 per contract. There were 915 open contracts at this strike prior to today, and today 968 contract(s) were bought and sold.

• For AI AI, we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on September 8, 2023. This event was a transfer of 288 contract(s) at a $31.00 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 $61.6K, with a price of $214.0 per contract. There were 1193 open contracts at this strike prior to today, and today 942 contract(s) were bought and sold.

• Regarding IONQ IONQ, we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on September 15, 2023. Parties traded 438 contract(s) at a $20.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $35.0K, with a price of $80.0 per contract. There were 5017 open contracts at this strike prior to today, and today 853 contract(s) were bought and sold.

• Regarding PRGS PRGS, we observe a put option sweep with bearish sentiment. It expires in 101 day(s) on December 15, 2023. Parties traded 580 contract(s) at a $50.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $40.1K, with a price of $70.0 per contract. There were 191 open contracts at this strike prior to today, and today 580 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.