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 NVDA NVDA, we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 251 contract(s) at a $490.00 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 $54.3K, with a price of $217.0 per contract. There were 10233 open contracts at this strike prior to today, and today 34500 contract(s) were bought and sold.

• Regarding INTC INTC, we observe a call option trade with bullish sentiment. It expires in 28 day(s) on January 19, 2024. Parties traded 500 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $47.0K, with a price of $94.0 per contract. There were 80031 open contracts at this strike prior to today, and today 8811 contract(s) were bought and sold.

• For MARA MARA, we notice a put option trade that happens to be neutral, expiring in 28 day(s) on January 19, 2024. This event was a transfer of 750 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $255.0K, with a price of $340.0 per contract. There were 2273 open contracts at this strike prior to today, and today 8651 contract(s) were bought and sold.

• For CSCO CSCO, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 500 contract(s) at a $49.50 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $35.8K, with a price of $72.0 per contract. There were 4784 open contracts at this strike prior to today, and today 2598 contract(s) were bought and sold.

• Regarding WDC WDC, we observe a put option sweep with bullish sentiment. It expires in 14 day(s) on January 5, 2024. Parties traded 2211 contract(s) at a $49.50 strike. This particular put needed to be split into 61 different trades to become filled. The total cost received by the writing party (or parties) was $44.2K, with a price of $20.0 per contract. There were 36 open contracts at this strike prior to today, and today 2212 contract(s) were bought and sold.

• For MSFT MSFT, we notice a put option sweep that happens to be neutral, expiring in 28 day(s) on January 19, 2024. This event was a transfer of 50 contract(s) at a $370.00 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 $28.5K, with a price of $570.0 per contract. There were 25432 open contracts at this strike prior to today, and today 2087 contract(s) were bought and sold.

• For AAPL AAPL, we notice a call option sweep that happens to be bearish, expiring in 28 day(s) on January 19, 2024. This event was a transfer of 7 contract(s) at a $145.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $34.7K, with a price of $4965.0 per contract. There were 13274 open contracts at this strike prior to today, and today 1782 contract(s) were bought and sold.

• Regarding ADBE ADBE, we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on December 29, 2023. Parties traded 100 contract(s) at a $600.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $69.7K, with a price of $693.0 per contract. There were 1094 open contracts at this strike prior to today, and today 742 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a call option trade with bearish sentiment. It expires in 56 day(s) on February 16, 2024. Parties traded 100 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $31.7K, with a price of $317.0 per contract. There were 11334 open contracts at this strike prior to today, and today 648 contract(s) were bought and sold.

• Regarding MSTR MSTR, we observe a call option trade with bullish sentiment. It expires in 7 day(s) on December 29, 2023. Parties traded 20 contract(s) at a $600.00 strike. The total cost received by the writing party (or parties) was $55.1K, with a price of $2757.0 per contract. There were 724 open contracts at this strike prior to today, and today 640 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.