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 sweep that happens to be bullish, is expiring today. Parties traded 150 contract(s) at a $490.00 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 $50.8K, with a price of $337.0 per contract. There were 10914 open contracts at this strike prior to today, and today 22448 contract(s) were bought and sold.

• For PLTR PLTR, we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on November 24, 2023. This event was a transfer of 1027 contract(s) at a $21.00 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 $32.8K, with a price of $32.0 per contract. There were 20935 open contracts at this strike prior to today, and today 6748 contract(s) were bought and sold.

• Regarding CSCO CSCO, we observe a call option trade with bearish sentiment. It expires in 119 day(s) on March 15, 2024. Parties traded 116 contract(s) at a $47.50 strike. The total cost received by the writing party (or parties) was $32.5K, with a price of $281.0 per contract. There were 4111 open contracts at this strike prior to today, and today 3317 contract(s) were bought and sold.

• For MSFT MSFT, we notice a put option sweep that happens to be bearish, expiring in 63 day(s) on January 19, 2024. This event was a transfer of 139 contract(s) at a $340.00 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 $40.0K, with a price of $288.0 per contract. There were 12764 open contracts at this strike prior to today, and today 1624 contract(s) were bought and sold.

• Regarding AMAT AMAT, we observe a call option sweep with bearish sentiment. It expires in 63 day(s) on January 19, 2024. Parties traded 75 contract(s) at a $150.00 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 $43.8K, with a price of $585.0 per contract. There were 5557 open contracts at this strike prior to today, and today 1167 contract(s) were bought and sold.

• Regarding CRM CRM, we observe a put option trade with bearish sentiment. It expires in 28 day(s) on December 15, 2023. Parties traded 225 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $163.1K, with a price of $725.0 per contract. There were 1053 open contracts at this strike prior to today, and today 906 contract(s) were bought and sold.

• For AAPL AAPL, we notice a put option sweep that happens to be bearish, expiring in 63 day(s) on January 19, 2024. This event was a transfer of 200 contract(s) at a $180.00 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 $41.2K, with a price of $206.0 per contract. There were 75728 open contracts at this strike prior to today, and today 785 contract(s) were bought and sold.

• Regarding TSM TSM, we observe a call option trade with neutral sentiment. It expires in 63 day(s) on January 19, 2024. Parties traded 200 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $81.0K, with a price of $405.0 per contract. There were 24424 open contracts at this strike prior to today, and today 634 contract(s) were bought and sold.

• For AVGO AVGO, we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 25 contract(s) at a $950.00 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 $68.7K, with a price of $2750.0 per contract. There were 1550 open contracts at this strike prior to today, and today 445 contract(s) were bought and sold.

• For AMD AMD, we notice a put option sweep that happens to be bullish, expiring in 14 day(s) on December 1, 2023. This event was a transfer of 340 contract(s) at a $114.00 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 $34.0K, with a price of $100.0 per contract. There were 507 open contracts at this strike prior to today, and today 140 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.