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 often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels.

Here's the list of options activity happening in today's session:

Explanation

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

• Regarding NVDA NVDA, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on January 12, 2024. Parties traded 49 contract(s) at a $540.00 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 $27.0K, with a price of $550.0 per contract. There were 9857 open contracts at this strike prior to today, and today 38938 contract(s) were bought and sold.

• Regarding MARA MARA, we observe a call option sweep with bullish sentiment. It expires in 8 day(s) on January 19, 2024. Parties traded 471 contract(s) at a $25.00 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 $41.4K, with a price of $88.0 per contract. There were 10718 open contracts at this strike prior to today, and today 13034 contract(s) were bought and sold.

• For AMD AMD, we notice a call option trade that happens to be bearish, expiring in 1 day(s) on January 12, 2024. This event was a transfer of 300 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $36.9K, with a price of $123.0 per contract. There were 4817 open contracts at this strike prior to today, and today 12110 contract(s) were bought and sold.

• Regarding MRVL MRVL, we observe a call option sweep with bullish sentiment. It expires in 99 day(s) on April 19, 2024. Parties traded 73 contract(s) at a $65.00 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 $43.0K, with a price of $590.0 per contract. There were 9 open contracts at this strike prior to today, and today 11866 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option trade with bullish sentiment. It expires in 15 day(s) on January 26, 2024. Parties traded 200 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $29.2K, with a price of $146.0 per contract. There were 3380 open contracts at this strike prior to today, and today 3687 contract(s) were bought and sold.

• For RIOT RIOT, we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on January 19, 2024. This event was a transfer of 300 contract(s) at a $12.00 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 $45.0K, with a price of $150.0 per contract. There were 8602 open contracts at this strike prior to today, and today 2359 contract(s) were bought and sold.

• Regarding AMAT AMAT, we observe a call option trade with bearish sentiment. It expires in 36 day(s) on February 16, 2024. Parties traded 70 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $29.3K, with a price of $419.0 per contract. There were 1346 open contracts at this strike prior to today, and today 1257 contract(s) were bought and sold.

• Regarding SNOW SNOW, we observe a put option trade with bearish sentiment. It expires in 8 day(s) on January 19, 2024. Parties traded 289 contract(s) at a $192.50 strike. The total cost received by the writing party (or parties) was $55.1K, with a price of $191.0 per contract. There were 613 open contracts at this strike prior to today, and today 792 contract(s) were bought and sold.

• For QCOM QCOM, we notice a put option trade that happens to be bearish, expiring in 15 day(s) on January 26, 2024. This event was a transfer of 442 contract(s) at a $133.00 strike. The total cost received by the writing party (or parties) was $46.4K, with a price of $105.0 per contract. There were 168 open contracts at this strike prior to today, and today 452 contract(s) were bought and sold.

• Regarding CLSK CLSK, we observe a call option sweep with bullish sentiment. It expires in 36 day(s) on February 16, 2024. Parties traded 276 contract(s) at a $7.50 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 $66.2K, with a price of $240.0 per contract. There were 716 open contracts at this strike prior to today, and today 424 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.