10 Information Technology Stocks With Whale Alerts 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 bullet-by-bullet explanations have been constructed using the accompanying table.

• For NVDA NVDA, we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 555 contract(s) at a $480.00 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 $26.3K, with a price of $48.0 per contract. There were 11768 open contracts at this strike prior to today, and today 74067 contract(s) were bought and sold.

• Regarding DELL DELL, we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on December 1, 2023. Parties traded 1384 contract(s) at a $81.00 strike. This particular call needed to be split into 48 different trades to become filled. The total cost received by the writing party (or parties) was $69.3K, with a price of $50.0 per contract. There were 2020 open contracts at this strike prior to today, and today 4085 contract(s) were bought and sold.

• Regarding SNOW SNOW, we observe a call option trade with bullish sentiment. It expires in 420 day(s) on January 17, 2025. Parties traded 300 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $1.1 million, with a price of $3980.0 per contract. There were 202 open contracts at this strike prior to today, and today 3675 contract(s) were bought and sold.

• Regarding MAXN MAXN, we observe a call option sweep with bullish sentiment. It expires in 210 day(s) on June 21, 2024. Parties traded 1820 contract(s) at a $7.50 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $118.3K, with a price of $64.0 per contract. There were 507 open contracts at this strike prior to today, and today 2000 contract(s) were bought and sold.

• For PLTR PLTR, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 240 contract(s) at a $18.00 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 $30.0K, with a price of $125.0 per contract. There were 4040 open contracts at this strike prior to today, and today 1830 contract(s) were bought and sold.

• Regarding ORCL ORCL, we observe a call option trade with bearish sentiment. It expires in 7 day(s) on December 1, 2023. Parties traded 246 contract(s) at a $116.00 strike. The total cost received by the writing party (or parties) was $26.5K, with a price of $108.0 per contract. There were 1101 open contracts at this strike prior to today, and today 1684 contract(s) were bought and sold.

• For PATH PATH, we notice a call option sweep that happens to be bearish, expiring in 56 day(s) on January 19, 2024. This event was a transfer of 1500 contract(s) at a $20.00 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 $150.0K, with a price of $100.0 per contract. There were 7914 open contracts at this strike prior to today, and today 1567 contract(s) were bought and sold.

• For PANW PANW, we notice a call option trade that happens to be bullish, is expiring today. Parties traded 391 contract(s) at a $265.00 strike. The total cost received by the writing party (or parties) was $44.1K, with a price of $113.0 per contract. There were 1314 open contracts at this strike prior to today, and today 1454 contract(s) were bought and sold.

• For MSTR MSTR, we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on December 1, 2023. This event was a transfer of 52 contract(s) at a $560.00 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 $29.4K, with a price of $570.0 per contract. There were 161 open contracts at this strike prior to today, and today 980 contract(s) were bought and sold.

• For MSFT MSFT, we notice a call option sweep that happens to be bullish, expiring in 56 day(s) on January 19, 2024. This event was a transfer of 100 contract(s) at a $405.00 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 $28.5K, with a price of $285.0 per contract. There were 4457 open contracts at this strike prior to today, and today 765 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.