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.

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 NVDA NVDA, we observe a call option trade with bearish sentiment. It expires in 2 day(s) on September 15, 2023. Parties traded 40 contract(s) at a $455.00 strike. The total cost received by the writing party (or parties) was $30.2K, with a price of $755.0 per contract. There were 8302 open contracts at this strike prior to today, and today 42124 contract(s) were bought and sold.

• For AAPL AAPL, we notice a call option trade that happens to be bullish, expiring in 9 day(s) on September 22, 2023. This event was a transfer of 300 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $84.0 per contract. There were 16614 open contracts at this strike prior to today, and today 18899 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option sweep with bearish sentiment. It expires in 65 day(s) on November 17, 2023. Parties traded 982 contract(s) at a $370.00 strike. This particular call needed to be split into 59 different trades to become filled. The total cost received by the writing party (or parties) was $348.7K, with a price of $355.0 per contract. There were 7217 open contracts at this strike prior to today, and today 4010 contract(s) were bought and sold.

• Regarding ORCL ORCL, we observe a call option trade with bullish sentiment. It expires in 16 day(s) on September 29, 2023. Parties traded 738 contract(s) at a $112.00 strike. The total cost received by the writing party (or parties) was $216.9K, with a price of $294.0 per contract. There were 548 open contracts at this strike prior to today, and today 2203 contract(s) were bought and sold.

• For INTC INTC, we notice a put option sweep that happens to be bearish, expiring in 282 day(s) on June 21, 2024. This event was a transfer of 300 contract(s) at a $27.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $25.8K, with a price of $86.0 per contract. There were 12260 open contracts at this strike prior to today, and today 1200 contract(s) were bought and sold.

• For ADBE ADBE, we notice a put option trade that happens to be bullish, expiring in 2 day(s) on September 15, 2023. This event was a transfer of 40 contract(s) at a $540.00 strike. The total cost received by the writing party (or parties) was $33.2K, with a price of $830.0 per contract. There were 1088 open contracts at this strike prior to today, and today 785 contract(s) were bought and sold.

• For PLTR PLTR, we notice a call option sweep that happens to be bullish, expiring in 184 day(s) on March 15, 2024. This event was a transfer of 750 contract(s) at a $27.00 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 $42.8K, with a price of $57.0 per contract. There were 1155 open contracts at this strike prior to today, and today 750 contract(s) were bought and sold.

• Regarding CRWD CRWD, we observe a put option trade with bullish sentiment. It expires in 37 day(s) on October 20, 2023. Parties traded 700 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $144.2K, with a price of $206.0 per contract. There were 1158 open contracts at this strike prior to today, and today 718 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a call option sweep with bullish sentiment. It expires in 16 day(s) on September 29, 2023. Parties traded 100 contract(s) at a $108.00 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 $39.4K, with a price of $392.0 per contract. There were 726 open contracts at this strike prior to today, and today 641 contract(s) were bought and sold.

• For CLSK CLSK, we notice a put option trade that happens to be neutral, expiring in 93 day(s) on December 15, 2023. This event was a transfer of 350 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $42.0K, with a price of $120.0 per contract. There were 1252 open contracts at this strike prior to today, and today 402 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.