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.

• For AAPL AAPL, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on March 4, 2022. This event was a transfer of 131 contract(s) at a $165.00 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 $25.5K, with a price of $194.0 per contract. There were 23375 open contracts at this strike prior to today, and today 47852 contract(s) were bought and sold.

• Regarding NVDA NVDA, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on March 4, 2022. Parties traded 108 contract(s) at a $250.00 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 $31.9K, with a price of $296.0 per contract. There were 7210 open contracts at this strike prior to today, and today 24187 contract(s) were bought and sold.

• For PANW PANW, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on March 4, 2022. This event was a transfer of 39 contract(s) at a $600.00 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 $31.2K, with a price of $800.0 per contract. There were 965 open contracts at this strike prior to today, and today 4499 contract(s) were bought and sold.

• Regarding SQ SQ, we observe a put option trade with bullish sentiment. It expires in 18 day(s) on March 18, 2022. Parties traded 75 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $55.8K, with a price of $745.0 per contract. There were 5223 open contracts at this strike prior to today, and today 2942 contract(s) were bought and sold.

• Regarding TEAM TEAM, we observe a call option trade with bearish sentiment. It expires in 18 day(s) on March 18, 2022. Parties traded 1039 contract(s) at a $360.00 strike. The total cost received by the writing party (or parties) was $150.6K, with a price of $145.0 per contract. There were 470 open contracts at this strike prior to today, and today 1523 contract(s) were bought and sold.

• Regarding ZM ZM, we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on March 4, 2022. Parties traded 38 contract(s) at a $125.00 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 $34.5K, with a price of $910.0 per contract. There were 606 open contracts at this strike prior to today, and today 1288 contract(s) were bought and sold.

• Regarding TSM TSM, we observe a put option sweep with neutral sentiment. It expires in 45 day(s) on April 14, 2022. Parties traded 134 contract(s) at a $100.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $53.3K, with a price of $399.0 per contract. There were 5117 open contracts at this strike prior to today, and today 1263 contract(s) were bought and sold.

• For CRM CRM, we notice a call option trade that happens to be bearish, expiring in 4 day(s) on March 4, 2022. This event was a transfer of 75 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $58.3K, with a price of $778.0 per contract. There were 1221 open contracts at this strike prior to today, and today 952 contract(s) were bought and sold.

• For AMD AMD, we notice a call option sweep that happens to be bullish, expiring in 18 day(s) on March 18, 2022. This event was a transfer of 100 contract(s) at a $122.00 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 $65.0K, with a price of $650.0 per contract. There were 491 open contracts at this strike prior to today, and today 891 contract(s) were bought and sold.

• For MSFT MSFT, we notice a put option sweep that happens to be bullish, expiring in 18 day(s) on March 18, 2022. This event was a transfer of 90 contract(s) at a $275.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $25.9K, with a price of $288.0 per contract. There were 8436 open contracts at this strike prior to today, and today 827 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.