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 call option sweep that happens to be bearish, expiring in 4 day(s) on March 10, 2023. This event was a transfer of 250 contract(s) at a $157.50 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $32.2K, with a price of $129.0 per contract. There were 13875 open contracts at this strike prior to today, and today 71213 contract(s) were bought and sold.

• Regarding NVDA NVDA, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on March 10, 2023. Parties traded 100 contract(s) at a $240.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $48.6K, with a price of $486.0 per contract. There were 9967 open contracts at this strike prior to today, and today 24499 contract(s) were bought and sold.

• For DOCU DOCU, we notice a call option trade that happens to be neutral, expiring in 4 day(s) on March 10, 2023. This event was a transfer of 1206 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $289.4K, with a price of $240.0 per contract. There were 630 open contracts at this strike prior to today, and today 3163 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option trade with bullish sentiment. It expires in 11 day(s) on March 17, 2023. Parties traded 40 contract(s) at a $255.00 strike. The total cost received by the writing party (or parties) was $30.2K, with a price of $756.0 per contract. There were 18347 open contracts at this strike prior to today, and today 1562 contract(s) were bought and sold.

• Regarding CIEN CIEN, we observe a call option sweep with bullish sentiment. It expires in 11 day(s) on March 17, 2023. Parties traded 107 contract(s) at a $50.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $250.0 per contract. There were 3776 open contracts at this strike prior to today, and today 1465 contract(s) were bought and sold.

• For CRM CRM, we notice a put option trade that happens to be bullish, expiring in 102 day(s) on June 16, 2023. This event was a transfer of 26 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $34.4K, with a price of $1326.0 per contract. There were 787 open contracts at this strike prior to today, and today 496 contract(s) were bought and sold.

• For AMD AMD, we notice a put option sweep that happens to be bullish, expiring in 193 day(s) on September 15, 2023. This event was a transfer of 100 contract(s) at a $85.00 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 $108.5K, with a price of $1085.0 per contract. There were 4076 open contracts at this strike prior to today, and today 374 contract(s) were bought and sold.

• For MDB MDB, we notice a put option sweep that happens to be neutral, expiring in 319 day(s) on January 19, 2024. This event was a transfer of 46 contract(s) at a $125.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $49.7K, with a price of $1080.0 per contract. There were 524 open contracts at this strike prior to today, and today 347 contract(s) were bought and sold.

• Regarding FISV FISV, we observe a put option sweep with bearish sentiment. It expires in 193 day(s) on September 15, 2023. Parties traded 118 contract(s) at a $115.00 strike. This particular put needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $66.0K, with a price of $560.0 per contract. There were 126 open contracts at this strike prior to today, and today 274 contract(s) were bought and sold.

• Regarding JBL JBL, we observe a call option sweep with bullish sentiment. It expires in 193 day(s) on September 15, 2023. Parties traded 179 contract(s) at a $90.00 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 $112.7K, with a price of $630.0 per contract. There were 827 open contracts at this strike prior to today, and today 266 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.