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 MSFT MSFT, we notice a put option trade that happens to be bearish, expiring in 3 day(s) on November 24, 2023. This event was a transfer of 160 contract(s) at a $370.00 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $163.0 per contract. There were 7246 open contracts at this strike prior to today, and today 13152 contract(s) were bought and sold.

• For AAPL AAPL, we notice a put option trade that happens to be neutral, expiring in 59 day(s) on January 19, 2024. This event was a transfer of 100 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $25.9K, with a price of $259.0 per contract. There were 25910 open contracts at this strike prior to today, and today 7932 contract(s) were bought and sold.

• Regarding INTC INTC, we observe a put option sweep with bearish sentiment. It expires in 3 day(s) on November 24, 2023. Parties traded 500 contract(s) at a $44.00 strike. This particular put needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $35.0K, with a price of $70.0 per contract. There were 7444 open contracts at this strike prior to today, and today 6498 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a put option sweep with bearish sentiment. It expires in 3 day(s) on November 24, 2023. Parties traded 366 contract(s) at a $117.00 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $47.2K, with a price of $129.0 per contract. There were 4035 open contracts at this strike prior to today, and today 5576 contract(s) were bought and sold.

• Regarding NVDA NVDA, we observe a call option sweep with neutral sentiment. It expires in 3 day(s) on November 24, 2023. Parties traded 91 contract(s) at a $510.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $121.0K, with a price of $1330.0 per contract. There were 11263 open contracts at this strike prior to today, and today 5269 contract(s) were bought and sold.

• For CSCO CSCO, we notice a call option trade that happens to be neutral, expiring in 115 day(s) on March 15, 2024. This event was a transfer of 448 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $63.6K, with a price of $142.0 per contract. There were 2160 open contracts at this strike prior to today, and today 1600 contract(s) were bought and sold.

• For MU MU, we notice a put option sweep that happens to be bearish, expiring in 213 day(s) on June 21, 2024. This event was a transfer of 1029 contract(s) at a $67.50 strike. This particular put needed to be split into 48 different trades to become filled. The total cost received by the writing party (or parties) was $365.2K, with a price of $355.0 per contract. There were 2548 open contracts at this strike prior to today, and today 1425 contract(s) were bought and sold.

• For GDS GDS, we notice a put option trade that happens to be bearish, expiring in 24 day(s) on December 15, 2023. This event was a transfer of 750 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $26.2K, with a price of $35.0 per contract. There were 1220 open contracts at this strike prior to today, and today 832 contract(s) were bought and sold.

• Regarding IBM IBM, we observe a call option trade with neutral sentiment. It expires in 59 day(s) on January 19, 2024. Parties traded 119 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $39.2K, with a price of $330.0 per contract. There were 10613 open contracts at this strike prior to today, and today 791 contract(s) were bought and sold.

• Regarding MDB MDB, we observe a put option sweep with bearish sentiment. It expires in 3 day(s) on November 24, 2023. Parties traded 250 contract(s) at a $390.00 strike. This particular put needed to be split into 40 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $117.0 per contract. There were 136 open contracts at this strike prior to today, and today 623 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.