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.

Below are some instances of options activity happening in the Information Technology sector:

Explanation

These itemized elaborations have been created using the accompanying table.

• For AMD AMD, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on October 20, 2023. This event was a transfer of 595 contract(s) at a $105.00 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 $35.1K, with a price of $59.0 per contract. There were 15252 open contracts at this strike prior to today, and today 31342 contract(s) were bought and sold.

• For NVDA NVDA, we notice a put option sweep that happens to be bullish, expiring in 8 day(s) on October 27, 2023. This event was a transfer of 58 contract(s) at a $425.00 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 $55.3K, with a price of $955.0 per contract. There were 2027 open contracts at this strike prior to today, and today 5308 contract(s) were bought and sold.

• For AAPL AAPL, we notice a call option sweep that happens to be bearish, expiring in 29 day(s) on November 17, 2023. This event was a transfer of 500 contract(s) at a $175.00 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 $357.5K, with a price of $715.0 per contract. There were 36583 open contracts at this strike prior to today, and today 3074 contract(s) were bought and sold.

• Regarding VMW VMW, we observe a put option trade with bearish sentiment. It expires in 29 day(s) on November 17, 2023. Parties traded 28 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $32.2K, with a price of $1150.0 per contract. There were 1876 open contracts at this strike prior to today, and today 1715 contract(s) were bought and sold.

• For MSFT MSFT, we notice a put option trade that happens to be neutral, expiring in 92 day(s) on January 19, 2024. This event was a transfer of 20 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $36.2K, with a price of $1810.0 per contract. There were 11710 open contracts at this strike prior to today, and today 422 contract(s) were bought and sold.

• For MSTR MSTR, we notice a call option trade that happens to be bearish, expiring in 15 day(s) on November 3, 2023. This event was a transfer of 100 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $40.0K, with a price of $400.0 per contract. There were 113 open contracts at this strike prior to today, and today 409 contract(s) were bought and sold.

• For SMCI SMCI, we notice a put option trade that happens to be bearish, expiring in 92 day(s) on January 19, 2024. This event was a transfer of 40 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $97.2K, with a price of $2430.0 per contract. There were 123 open contracts at this strike prior to today, and today 364 contract(s) were bought and sold.

• For CRM CRM, we notice a call option trade that happens to be neutral, expiring in 456 day(s) on January 17, 2025. This event was a transfer of 10 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $150.5K, with a price of $15054.0 per contract. There were 723 open contracts at this strike prior to today, and today 235 contract(s) were bought and sold.

• For INTC INTC, we notice a call option sweep that happens to be bearish, expiring in 183 day(s) on April 19, 2024. This event was a transfer of 171 contract(s) at a $31.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $125.7K, with a price of $735.0 per contract. There were 10 open contracts at this strike prior to today, and today 171 contract(s) were bought and sold.

• For QCOM QCOM, we notice a put option trade that happens to be bearish, expiring in 148 day(s) on March 15, 2024. This event was a transfer of 22 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $36.5K, with a price of $1660.0 per contract. There were 841 open contracts at this strike prior to today, and today 93 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.