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 NVDA NVDA, we notice a call option sweep that happens to be bearish, expiring in 11 day(s) on January 19, 2024. This event was a transfer of 130 contract(s) at a $500.00 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 $247.1K, with a price of $1897.0 per contract. There were 30876 open contracts at this strike prior to today, and today 15032 contract(s) were bought and sold.

• Regarding MARA MARA, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on January 12, 2024. Parties traded 130 contract(s) at a $24.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $32.6K, with a price of $251.0 per contract. There were 4374 open contracts at this strike prior to today, and today 5688 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option trade with bearish sentiment. It expires in 4 day(s) on January 12, 2024. Parties traded 100 contract(s) at a $372.50 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $250.0 per contract. There were 3447 open contracts at this strike prior to today, and today 5232 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a call option sweep with bullish sentiment. It expires in 32 day(s) on February 9, 2024. Parties traded 100 contract(s) at a $190.00 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 $27.2K, with a price of $272.0 per contract. There were 2194 open contracts at this strike prior to today, and today 1461 contract(s) were bought and sold.

• Regarding ORCL ORCL, we observe a call option sweep with bullish sentiment. It expires in 11 day(s) on January 19, 2024. Parties traded 390 contract(s) at a $106.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $75.0 per contract. There were 1839 open contracts at this strike prior to today, and today 931 contract(s) were bought and sold.

• Regarding MSTR MSTR, we observe a call option trade with bullish sentiment. It expires in 4 day(s) on January 12, 2024. Parties traded 50 contract(s) at a $700.00 strike. The total cost received by the writing party (or parties) was $35.0K, with a price of $700.0 per contract. There were 891 open contracts at this strike prior to today, and today 849 contract(s) were bought and sold.

• For RIOT RIOT, we notice a call option trade that happens to be bearish, expiring in 165 day(s) on June 21, 2024. This event was a transfer of 200 contract(s) at a $23.00 strike. The total cost received by the writing party (or parties) was $59.6K, with a price of $298.0 per contract. There were 320 open contracts at this strike prior to today, and today 270 contract(s) were bought and sold.

• Regarding CSCO CSCO, we observe a call option sweep with bearish sentiment. It expires in 375 day(s) on January 17, 2025. Parties traded 198 contract(s) at a $55.00 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 $56.2K, with a price of $284.0 per contract. There were 6690 open contracts at this strike prior to today, and today 261 contract(s) were bought and sold.

• For RMBS RMBS, we notice a call option sweep that happens to be bearish, expiring in 11 day(s) on January 19, 2024. This event was a transfer of 250 contract(s) at a $67.50 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 $43.7K, with a price of $175.0 per contract. There were 822 open contracts at this strike prior to today, and today 257 contract(s) were bought and sold.

• Regarding MU MU, we observe a put option trade with bullish sentiment. It expires in 165 day(s) on June 21, 2024. Parties traded 35 contract(s) at a $87.50 strike. The total cost received by the writing party (or parties) was $28.1K, with a price of $805.0 per contract. There were 72 open contracts at this strike prior to today, and today 248 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.