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

• For MSFT MSFT, we notice a call option trade that happens to be bearish, is expiring today. Parties traded 1948 contract(s) at a $375.00 strike. The total cost received by the writing party (or parties) was $79.8K, with a price of $41.0 per contract. There were 4022 open contracts at this strike prior to today, and today 35079 contract(s) were bought and sold.

• Regarding CLSK CLSK, we observe a call option trade with neutral sentiment. It expires in 49 day(s) on January 19, 2024. Parties traded 200 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $130.0 per contract. There were 15474 open contracts at this strike prior to today, and today 5598 contract(s) were bought and sold.

• For NVDA NVDA, we notice a call option trade that happens to be bearish, is expiring today. Parties traded 28 contract(s) at a $460.00 strike. The total cost received by the writing party (or parties) was $26.6K, with a price of $950.0 per contract. There were 1973 open contracts at this strike prior to today, and today 3300 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a put option sweep with bullish sentiment. It expires in 77 day(s) on February 16, 2024. Parties traded 100 contract(s) at a $190.00 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 $55.0K, with a price of $550.0 per contract. There were 8874 open contracts at this strike prior to today, and today 1874 contract(s) were bought and sold.

• For CRM CRM, we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 143 contract(s) at a $245.00 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 $242.0K, with a price of $1695.0 per contract. There were 2082 open contracts at this strike prior to today, and today 1282 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a put option trade with bearish sentiment. It expires in 413 day(s) on January 17, 2025. Parties traded 19 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $34.1K, with a price of $1795.0 per contract. There were 5624 open contracts at this strike prior to today, and today 1119 contract(s) were bought and sold.

• For QCOM QCOM, we notice a put option trade that happens to be bearish, expiring in 413 day(s) on January 17, 2025. This event was a transfer of 600 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $183.0K, with a price of $305.0 per contract. There were 1465 open contracts at this strike prior to today, and today 600 contract(s) were bought and sold.

• Regarding ZM ZM, we observe a put option sweep with bearish sentiment. It expires in 203 day(s) on June 21, 2024. Parties traded 63 contract(s) at a $70.00 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 $43.4K, with a price of $690.0 per contract. There were 1307 open contracts at this strike prior to today, and today 397 contract(s) were bought and sold.

• Regarding AEHR AEHR, we observe a call option sweep with bullish sentiment. It expires in 49 day(s) on January 19, 2024. Parties traded 300 contract(s) at a $30.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $40.5K, with a price of $135.0 per contract. There were 710 open contracts at this strike prior to today, and today 355 contract(s) were bought and sold.

• Regarding CFLT CFLT, we observe a call option sweep with bullish sentiment. It expires in 49 day(s) on January 19, 2024. Parties traded 250 contract(s) at a $24.00 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 $31.2K, with a price of $125.0 per contract. There were 1051 open contracts at this strike prior to today, and today 310 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.