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 itemized elaborations have been created using the accompanying table.

• Regarding NVDA NVDA, we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on October 27, 2023. Parties traded 50 contract(s) at a $400.00 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 $25.6K, with a price of $515.0 per contract. There were 14741 open contracts at this strike prior to today, and today 80479 contract(s) were bought and sold.

• For AAPL AAPL, we notice a put option trade that happens to be bearish, expiring in 1 day(s) on October 27, 2023. This event was a transfer of 120 contract(s) at a $167.50 strike. The total cost received by the writing party (or parties) was $27.1K, with a price of $226.0 per contract. There were 14491 open contracts at this strike prior to today, and today 42817 contract(s) were bought and sold.

• For AMD AMD, we notice a put option sweep that happens to be bullish, expiring in 113 day(s) on February 16, 2024. This event was a transfer of 181 contract(s) at a $90.00 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 $145.7K, with a price of $805.0 per contract. There were 10594 open contracts at this strike prior to today, and today 4283 contract(s) were bought and sold.

• Regarding RIOT RIOT, we observe a call option sweep with bearish sentiment. It expires in 85 day(s) on January 19, 2024. Parties traded 187 contract(s) at a $10.00 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 $32.7K, with a price of $175.0 per contract. There were 18018 open contracts at this strike prior to today, and today 912 contract(s) were bought and sold.

• Regarding TXN TXN, we observe a put option sweep with bearish sentiment. It expires in 85 day(s) on January 19, 2024. Parties traded 695 contract(s) at a $140.00 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 $386.0K, with a price of $560.0 per contract. There were 2930 open contracts at this strike prior to today, and today 770 contract(s) were bought and sold.

• Regarding LITE LITE, we observe a put option sweep with neutral sentiment. It expires in 85 day(s) on January 19, 2024. Parties traded 200 contract(s) at a $42.50 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 $150.0K, with a price of $750.0 per contract. There were 827 open contracts at this strike prior to today, and today 483 contract(s) were bought and sold.

• For ADI ADI, we notice a call option sweep that happens to be bearish, expiring in 50 day(s) on December 15, 2023. This event was a transfer of 153 contract(s) at a $180.00 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 $26.0K, with a price of $170.0 per contract. There were 836 open contracts at this strike prior to today, and today 429 contract(s) were bought and sold.

• Regarding DELL DELL, we observe a put option sweep with bullish sentiment. It expires in 239 day(s) on June 21, 2024. Parties traded 342 contract(s) at a $65.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $245.6K, with a price of $720.0 per contract. There were 894 open contracts at this strike prior to today, and today 344 contract(s) were bought and sold.

• Regarding PANW PANW, we observe a call option trade with bullish sentiment. It expires in 449 day(s) on January 17, 2025. Parties traded 5 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $86.0K, with a price of $17205.0 per contract. There were 294 open contracts at this strike prior to today, and today 337 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option sweep with bullish sentiment. It expires in 36 day(s) on December 1, 2023. Parties traded 60 contract(s) at a $345.00 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 $26.4K, with a price of $440.0 per contract. There were 1045 open contracts at this strike prior to today, and today 279 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.