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.

Below are some instances of options activity happening in the Information Technology sector:

Explanation

These itemized elaborations have been created using the accompanying table.

• For AAPL AAPL, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on December 1, 2023. This event was a transfer of 200 contract(s) at a $190.00 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 $33.1K, with a price of $166.0 per contract. There were 24924 open contracts at this strike prior to today, and today 36442 contract(s) were bought and sold.

• Regarding NVDA NVDA, we observe a call option trade with bearish sentiment. It expires in 4 day(s) on December 1, 2023. Parties traded 45 contract(s) at a $480.00 strike. The total cost received by the writing party (or parties) was $34.6K, with a price of $770.0 per contract. There were 4330 open contracts at this strike prior to today, and today 23385 contract(s) were bought and sold.

• For MSFT MSFT, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on December 1, 2023. This event was a transfer of 243 contract(s) at a $385.00 strike. This particular call needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $28.6K, with a price of $118.0 per contract. There were 4922 open contracts at this strike prior to today, and today 6483 contract(s) were bought and sold.

• Regarding IOT IOT, we observe a put option sweep with bearish sentiment. It expires in 18 day(s) on December 15, 2023. Parties traded 409 contract(s) at a $25.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $51.1K, with a price of $125.0 per contract. There were 2919 open contracts at this strike prior to today, and today 5517 contract(s) were bought and sold.

• For MARA MARA, we notice a call option sweep that happens to be bullish, expiring in 53 day(s) on January 19, 2024. This event was a transfer of 200 contract(s) at a $12.50 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 $29.4K, with a price of $147.0 per contract. There were 20914 open contracts at this strike prior to today, and today 1817 contract(s) were bought and sold.

• For U U, we notice a call option trade that happens to be bullish, expiring in 781 day(s) on January 16, 2026. This event was a transfer of 200 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $200.0K, with a price of $1000.0 per contract. There were 2268 open contracts at this strike prior to today, and today 1201 contract(s) were bought and sold.

• For ORCL ORCL, we notice a call option trade that happens to be bearish, expiring in 4 day(s) on December 1, 2023. This event was a transfer of 300 contract(s) at a $116.00 strike. The total cost received by the writing party (or parties) was $34.5K, with a price of $115.0 per contract. There were 1867 open contracts at this strike prior to today, and today 1150 contract(s) were bought and sold.

• Regarding CSCO CSCO, we observe a put option trade with bullish sentiment. It expires in 417 day(s) on January 17, 2025. Parties traded 800 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $212.0K, with a price of $265.0 per contract. There were 8413 open contracts at this strike prior to today, and today 945 contract(s) were bought and sold.

• Regarding MSTR MSTR, we observe a call option trade with bearish sentiment. It expires in 53 day(s) on January 19, 2024. Parties traded 40 contract(s) at a $700.00 strike. The total cost received by the writing party (or parties) was $48.0K, with a price of $1200.0 per contract. There were 655 open contracts at this strike prior to today, and today 809 contract(s) were bought and sold.

• Regarding INTC INTC, we observe a put option sweep with bearish sentiment. It expires in 207 day(s) on June 21, 2024. Parties traded 261 contract(s) at a $42.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $78.3K, with a price of $300.0 per contract. There were 5659 open contracts at this strike prior to today, and today 509 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.