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 AAPL AAPL, we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on December 23, 2022. This event was a transfer of 534 contract(s) at a $130.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $46.3K, with a price of $86.0 per contract. There were 25840 open contracts at this strike prior to today, and today 52519 contract(s) were bought and sold.

• For AMD AMD, we notice a put option trade that happens to be bullish, expiring in 8 day(s) on December 30, 2022. This event was a transfer of 100 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $33.0K, with a price of $330.0 per contract. There were 5272 open contracts at this strike prior to today, and today 3850 contract(s) were bought and sold.

• For U U, we notice a put option sweep that happens to be bearish, expiring in 1 day(s) on December 23, 2022. This event was a transfer of 1000 contract(s) at a $26.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $45.1K, with a price of $45.0 per contract. There were 2887 open contracts at this strike prior to today, and today 2257 contract(s) were bought and sold.

• For CRM CRM, we notice a put option sweep that happens to be bearish, expiring in 85 day(s) on March 17, 2023. This event was a transfer of 50 contract(s) at a $120.00 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 $34.0K, with a price of $680.0 per contract. There were 1091 open contracts at this strike prior to today, and today 1909 contract(s) were bought and sold.

• Regarding NVDA NVDA, we observe a put option sweep with bullish sentiment. It expires in 85 day(s) on March 17, 2023. Parties traded 501 contract(s) at a $100.00 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 $106.2K, with a price of $212.0 per contract. There were 12189 open contracts at this strike prior to today, and today 1367 contract(s) were bought and sold.

• For MSFT MSFT, we notice a call option trade that happens to be bullish, expiring in 29 day(s) on January 20, 2023. This event was a transfer of 80 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $52.0K, with a price of $650.0 per contract. There were 18785 open contracts at this strike prior to today, and today 1119 contract(s) were bought and sold.

• For ON ON, we notice a call option sweep that happens to be bearish, expiring in 120 day(s) on April 21, 2023. This event was a transfer of 300 contract(s) at a $60.00 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 $252.3K, with a price of $840.0 per contract. There were 71 open contracts at this strike prior to today, and today 408 contract(s) were bought and sold.

• For PYPL PYPL, we notice a put option sweep that happens to be bearish, expiring in 8 day(s) on December 30, 2022. This event was a transfer of 238 contract(s) at a $66.00 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 $28.0K, with a price of $118.0 per contract. There were 2046 open contracts at this strike prior to today, and today 367 contract(s) were bought and sold.

• For ACN ACN, we notice a put option trade that happens to be bullish, expiring in 393 day(s) on January 19, 2024. This event was a transfer of 20 contract(s) at a $270.00 strike. The total cost received by the writing party (or parties) was $64.2K, with a price of $3210.0 per contract. There were 446 open contracts at this strike prior to today, and today 239 contract(s) were bought and sold.

• Regarding LRCX LRCX, we observe a put option trade with bearish sentiment. It expires in 176 day(s) on June 16, 2023. Parties traded 11 contract(s) at a $330.00 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $2365.0 per contract. There were 182 open contracts at this strike prior to today, and today 202 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.