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 bullet-by-bullet explanations have been constructed using the accompanying table.

• For NVDA NVDA, we notice a call option trade that happens to be bullish, expiring in 3 day(s) on November 17, 2023. This event was a transfer of 65 contract(s) at a $495.00 strike. The total cost received by the writing party (or parties) was $48.0K, with a price of $739.0 per contract. There were 6886 open contracts at this strike prior to today, and today 35815 contract(s) were bought and sold.

• For AMD AMD, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on November 17, 2023. This event was a transfer of 201 contract(s) at a $120.00 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 $46.4K, with a price of $231.0 per contract. There were 39217 open contracts at this strike prior to today, and today 21023 contract(s) were bought and sold.

• Regarding PLTR PLTR, we observe a call option sweep with bullish sentiment. It expires in 31 day(s) on December 15, 2023. Parties traded 324 contract(s) at a $20.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $42.1K, with a price of $130.0 per contract. There were 27745 open contracts at this strike prior to today, and today 12188 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a put option trade with bearish sentiment. It expires in 3 day(s) on November 17, 2023. Parties traded 100 contract(s) at a $370.00 strike. The total cost received by the writing party (or parties) was $39.5K, with a price of $395.0 per contract. There were 3920 open contracts at this strike prior to today, and today 4667 contract(s) were bought and sold.

• Regarding CSCO CSCO, we observe a call option sweep with bearish sentiment. It expires in 122 day(s) on March 15, 2024. Parties traded 1104 contract(s) at a $57.50 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $113.8K, with a price of $103.0 per contract. There were 1600 open contracts at this strike prior to today, and today 1556 contract(s) were bought and sold.

• Regarding IONQ IONQ, we observe a call option sweep with bearish sentiment. It expires in 66 day(s) on January 19, 2024. Parties traded 750 contract(s) at a $15.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $60.0K, with a price of $80.0 per contract. There were 4994 open contracts at this strike prior to today, and today 858 contract(s) were bought and sold.

• Regarding PANW PANW, we observe a put option sweep with bullish sentiment. It expires in 31 day(s) on December 15, 2023. Parties traded 43 contract(s) at a $250.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $37.4K, with a price of $870.0 per contract. There were 4791 open contracts at this strike prior to today, and today 668 contract(s) were bought and sold.

• Regarding AAOI AAOI, we observe a call option trade with bearish sentiment. It expires in 122 day(s) on March 15, 2024. Parties traded 100 contract(s) at a $12.50 strike. The total cost received by the writing party (or parties) was $26.3K, with a price of $263.0 per contract. There were 559 open contracts at this strike prior to today, and today 392 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a call option trade with bearish sentiment. It expires in 94 day(s) on February 16, 2024. Parties traded 56 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $58.2K, with a price of $1040.0 per contract. There were 7824 open contracts at this strike prior to today, and today 322 contract(s) were bought and sold.

• For MDB MDB, we notice a call option trade that happens to be bearish, expiring in 220 day(s) on June 21, 2024. This event was a transfer of 15 contract(s) at a $410.00 strike. The total cost received by the writing party (or parties) was $105.4K, with a price of $7030.0 per contract. There were 8 open contracts at this strike prior to today, and today 181 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.