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, expiring in 9 day(s) on January 6, 2023. This event was a transfer of 100 contract(s) at a $140.00 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 $47.0K, with a price of $470.0 per contract. There were 2588 open contracts at this strike prior to today, and today 9526 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a call option sweep with bullish sentiment. It expires in 23 day(s) on January 20, 2023. Parties traded 109 contract(s) at a $130.00 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 $39.4K, with a price of $360.0 per contract. There were 36493 open contracts at this strike prior to today, and today 8029 contract(s) were bought and sold.

• For MU MU, we notice a put option trade that happens to be bearish, expiring in 2 day(s) on December 30, 2022. This event was a transfer of 200 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $130.0 per contract. There were 2320 open contracts at this strike prior to today, and today 5036 contract(s) were bought and sold.

• Regarding MRVL MRVL, we observe a call option trade with bearish sentiment. It expires in 23 day(s) on January 20, 2023. Parties traded 1144 contract(s) at a $36.00 strike. The total cost received by the writing party (or parties) was $193.3K, with a price of $169.0 per contract. There were 91 open contracts at this strike prior to today, and today 1727 contract(s) were bought and sold.

• For SNOW SNOW, we notice a call option trade that happens to be bearish, expiring in 2 day(s) on December 30, 2022. This event was a transfer of 100 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $47.5K, with a price of $475.0 per contract. There were 292 open contracts at this strike prior to today, and today 1499 contract(s) were bought and sold.

• Regarding QCOM QCOM, we observe a call option trade with bearish sentiment. It expires in 23 day(s) on January 20, 2023. Parties traded 1300 contract(s) at a $111.00 strike. The total cost received by the writing party (or parties) was $396.4K, with a price of $305.0 per contract. There were 246 open contracts at this strike prior to today, and today 1307 contract(s) were bought and sold.

• Regarding FSLR FSLR, we observe a call option trade with bullish sentiment. It expires in 23 day(s) on January 20, 2023. Parties traded 250 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $71.2K, with a price of $285.0 per contract. There were 6086 open contracts at this strike prior to today, and today 1108 contract(s) were bought and sold.

• Regarding BKI BKI, we observe a call option sweep with bullish sentiment. It expires in 114 day(s) on April 21, 2023. Parties traded 91 contract(s) at a $65.00 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 $40.9K, with a price of $450.0 per contract. There were 3026 open contracts at this strike prior to today, and today 195 contract(s) were bought and sold.

• For ENPH ENPH, we notice a put option sweep that happens to be bullish, expiring in 51 day(s) on February 17, 2023. This event was a transfer of 17 contract(s) at a $260.00 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 $41.3K, with a price of $2431.0 per contract. There were 458 open contracts at this strike prior to today, and today 120 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a put option trade with bearish sentiment. It expires in 751 day(s) on January 17, 2025. Parties traded 25 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $48.1K, with a price of $1925.0 per contract. There were 10075 open contracts at this strike prior to today, and today 101 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.