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 itemized elaborations have been created using the accompanying table.

• Regarding AAPL AAPL, we observe a call option trade with bullish sentiment. It expires in 3 day(s) on May 5, 2023. Parties traded 200 contract(s) at a $172.50 strike. The total cost received by the writing party (or parties) was $34.2K, with a price of $171.0 per contract. There were 16357 open contracts at this strike prior to today, and today 14713 contract(s) were bought and sold.

• For AMD AMD, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on May 5, 2023. This event was a transfer of 200 contract(s) at a $90.00 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 $61.0K, with a price of $306.0 per contract. There were 9582 open contracts at this strike prior to today, and today 11003 contract(s) were bought and sold.

• For MSFT MSFT, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on May 5, 2023. This event was a transfer of 157 contract(s) at a $305.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $58.1K, with a price of $370.0 per contract. There were 5764 open contracts at this strike prior to today, and today 6564 contract(s) were bought and sold.

• Regarding NVDA NVDA, we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on May 12, 2023. Parties traded 100 contract(s) at a $285.00 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 $68.9K, with a price of $689.0 per contract. There were 1584 open contracts at this strike prior to today, and today 2247 contract(s) were bought and sold.

• Regarding MU MU, we observe a put option trade with bullish sentiment. It expires in 80 day(s) on July 21, 2023. Parties traded 77 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $26.2K, with a price of $341.0 per contract. There were 7644 open contracts at this strike prior to today, and today 1520 contract(s) were bought and sold.

• For ANET ANET, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on May 5, 2023. This event was a transfer of 923 contract(s) at a $142.00 strike. This particular call needed to be split into 75 different trades to become filled. The total cost received by the writing party (or parties) was $78.5K, with a price of $85.0 per contract. There were 1 open contracts at this strike prior to today, and today 1459 contract(s) were bought and sold.

• For CFLT CFLT, we notice a put option sweep that happens to be bearish, expiring in 17 day(s) on May 19, 2023. This event was a transfer of 1000 contract(s) at a $20.00 strike. This particular put needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $140.0K, with a price of $140.0 per contract. There were 760 open contracts at this strike prior to today, and today 1314 contract(s) were bought and sold.

• Regarding SPT SPT, we observe a put option sweep with bearish sentiment. It expires in 17 day(s) on May 19, 2023. Parties traded 237 contract(s) at a $45.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $67.5K, with a price of $285.0 per contract. There were 5836 open contracts at this strike prior to today, and today 588 contract(s) were bought and sold.

• For MRVL MRVL, we notice a put option trade that happens to be bullish, expiring in 199 day(s) on November 17, 2023. This event was a transfer of 500 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $275.0K, with a price of $550.0 per contract. There were 58 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.

• Regarding QRVO QRVO, we observe a call option sweep with bearish sentiment. It expires in 262 day(s) on January 19, 2024. Parties traded 276 contract(s) at a $105.00 strike. This particular call needed to be split into 45 different trades to become filled. The total cost received by the writing party (or parties) was $223.6K, with a price of $810.0 per contract. There were 42 open contracts at this strike prior to today, and today 276 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.