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 put option sweep that happens to be bearish, is expiring today. Parties traded 273 contract(s) at a $460.00 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 $136.5K, with a price of $500.0 per contract. There were 10879 open contracts at this strike prior to today, and today 61008 contract(s) were bought and sold.

• For AAPL AAPL, we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on October 20, 2023. This event was a transfer of 1167 contract(s) at a $180.00 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 $182.0K, with a price of $156.0 per contract. There were 59505 open contracts at this strike prior to today, and today 22122 contract(s) were bought and sold.

• For TWLO TWLO, we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on October 20, 2023. This event was a transfer of 1811 contract(s) at a $59.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $81.6K, with a price of $45.0 per contract. There were 492 open contracts at this strike prior to today, and today 6930 contract(s) were bought and sold.

• For MSFT MSFT, we notice a put option trade that happens to be bearish, expiring in 7 day(s) on October 20, 2023. This event was a transfer of 63 contract(s) at a $325.00 strike. The total cost received by the writing party (or parties) was $25.1K, with a price of $399.0 per contract. There were 18705 open contracts at this strike prior to today, and today 3298 contract(s) were bought and sold.

• Regarding PLTR PLTR, we observe a put option sweep with bearish sentiment. It expires in 63 day(s) on December 15, 2023. Parties traded 2248 contract(s) at a $17.00 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 $375.6K, with a price of $167.0 per contract. There were 5151 open contracts at this strike prior to today, and today 2361 contract(s) were bought and sold.

• For SNOW SNOW, we notice a put option sweep that happens to be bullish, expiring in 7 day(s) on October 20, 2023. This event was a transfer of 100 contract(s) at a $160.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $48.2K, with a price of $481.0 per contract. There were 2170 open contracts at this strike prior to today, and today 1616 contract(s) were bought and sold.

• For AVGO AVGO, we notice a call option sweep that happens to be bearish, expiring in 28 day(s) on November 10, 2023. This event was a transfer of 107 contract(s) at a $950.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $112.3K, with a price of $1050.0 per contract. There were 656 open contracts at this strike prior to today, and today 560 contract(s) were bought and sold.

• For MU MU, we notice a put option sweep that happens to be bearish, expiring in 14 day(s) on October 27, 2023. This event was a transfer of 383 contract(s) at a $68.50 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $56.3K, with a price of $148.0 per contract. There were 100 open contracts at this strike prior to today, and today 420 contract(s) were bought and sold.

• For FTNT FTNT, we notice a put option sweep that happens to be bearish, expiring in 98 day(s) on January 19, 2024. This event was a transfer of 70 contract(s) at a $56.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $27.3K, with a price of $390.0 per contract. There were 879 open contracts at this strike prior to today, and today 277 contract(s) were bought and sold.

• Regarding SMCI SMCI, we observe a put option trade with bearish sentiment. It expires in 154 day(s) on March 15, 2024. Parties traded 18 contract(s) at a $270.00 strike. The total cost received by the writing party (or parties) was $74.8K, with a price of $4160.0 per contract. There were 381 open contracts at this strike prior to today, and today 236 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.