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.

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

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding AAPL AAPL, we observe a call option trade with bearish sentiment. It expires in 4 day(s) on March 17, 2023. Parties traded 2000 contract(s) at a $152.50 strike. The total cost received by the writing party (or parties) was $390.0K, with a price of $195.0 per contract. There were 32844 open contracts at this strike prior to today, and today 45431 contract(s) were bought and sold.

• For MU MU, we notice a put option sweep that happens to be bullish, expiring in 4 day(s) on March 17, 2023. This event was a transfer of 317 contract(s) at a $55.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $69.4K, with a price of $219.0 per contract. There were 18849 open contracts at this strike prior to today, and today 6671 contract(s) were bought and sold.

• Regarding DLO DLO, we observe a put option sweep with bearish sentiment. It expires in 67 day(s) on May 19, 2023. Parties traded 1465 contract(s) at a $10.00 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $51.2K, with a price of $35.0 per contract. There were 640 open contracts at this strike prior to today, and today 3505 contract(s) were bought and sold.

• For AMD AMD, we notice a put option sweep that happens to be bearish, expiring in 11 day(s) on March 24, 2023. This event was a transfer of 250 contract(s) at a $80.00 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 $61.0K, with a price of $244.0 per contract. There were 2607 open contracts at this strike prior to today, and today 2862 contract(s) were bought and sold.

• Regarding IBM IBM, we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on March 17, 2023. Parties traded 99 contract(s) at a $128.00 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 $31.6K, with a price of $320.0 per contract. There were 1058 open contracts at this strike prior to today, and today 2357 contract(s) were bought and sold.

• For MSFT MSFT, we notice a call option sweep that happens to be bullish, expiring in 39 day(s) on April 21, 2023. This event was a transfer of 35 contract(s) at a $260.00 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 $29.9K, with a price of $855.0 per contract. There were 8982 open contracts at this strike prior to today, and today 2257 contract(s) were bought and sold.

• For NVDA NVDA, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on March 17, 2023. This event was a transfer of 28 contract(s) at a $222.50 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 $29.8K, with a price of $1065.0 per contract. There were 831 open contracts at this strike prior to today, and today 2039 contract(s) were bought and sold.

• For V V, we notice a put option sweep that happens to be bearish, expiring in 186 day(s) on September 15, 2023. This event was a transfer of 49 contract(s) at a $195.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $38.9K, with a price of $795.0 per contract. There were 720 open contracts at this strike prior to today, and today 1689 contract(s) were bought and sold.

• Regarding NOW NOW, we observe a call option sweep with bearish sentiment. It expires in 95 day(s) on June 16, 2023. Parties traded 11 contract(s) at a $400.00 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 $54.0K, with a price of $4910.0 per contract. There were 2207 open contracts at this strike prior to today, and today 1503 contract(s) were bought and sold.

• Regarding SMCI SMCI, we observe a call option trade with bearish sentiment. It expires in 39 day(s) on April 21, 2023. Parties traded 42 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $55.4K, with a price of $1320.0 per contract. There were 26 open contracts at this strike prior to today, and today 1243 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.