10 Information Technology Stocks With Whale Alerts 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.

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.

• Regarding NVDA NVDA, we observe a call option trade with bearish sentiment. It expires in 3 day(s) on May 26, 2023. Parties traded 200 contract(s) at a $387.50 strike. The total cost received by the writing party (or parties) was $31.6K, with a price of $158.0 per contract. There were 1968 open contracts at this strike prior to today, and today 59891 contract(s) were bought and sold.

• For AMD AMD, we notice a call option trade that happens to be bullish, expiring in 3 day(s) on May 26, 2023. This event was a transfer of 979 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $192.8K, with a price of $197.0 per contract. There were 9292 open contracts at this strike prior to today, and today 52526 contract(s) were bought and sold.

• For MSFT MSFT, we notice a call option sweep that happens to be bearish, expiring in 32 day(s) on June 30, 2023. This event was a transfer of 71 contract(s) at a $345.00 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 $35.2K, with a price of $500.0 per contract. There were 370 open contracts at this strike prior to today, and today 2763 contract(s) were bought and sold.

• For SNOW SNOW, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on June 2, 2023. This event was a transfer of 175 contract(s) at a $150.00 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 $70.0K, with a price of $400.0 per contract. There were 1084 open contracts at this strike prior to today, and today 2070 contract(s) were bought and sold.

• Regarding EBIX EBIX, we observe a call option sweep with bearish sentiment. It expires in 53 day(s) on July 21, 2023. Parties traded 236 contract(s) at a $25.00 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 $47.2K, with a price of $200.0 per contract. There were 6055 open contracts at this strike prior to today, and today 1569 contract(s) were bought and sold.

• Regarding SPLK SPLK, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on June 2, 2023. Parties traded 1103 contract(s) at a $105.00 strike. This particular call needed to be split into 56 different trades to become filled. The total cost received by the writing party (or parties) was $88.5K, with a price of $79.0 per contract. There were 256 open contracts at this strike prior to today, and today 1318 contract(s) were bought and sold.

• Regarding QCOM QCOM, we observe a call option sweep with bearish sentiment. It expires in 53 day(s) on July 21, 2023. Parties traded 200 contract(s) at a $125.00 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 $25.0K, with a price of $125.0 per contract. There were 2150 open contracts at this strike prior to today, and today 1136 contract(s) were bought and sold.

• For TSM TSM, we notice a put option sweep that happens to be bullish, expiring in 4 day(s) on June 2, 2023. This event was a transfer of 180 contract(s) at a $104.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $38.8K, with a price of $216.0 per contract. There were 286 open contracts at this strike prior to today, and today 766 contract(s) were bought and sold.

• Regarding KLAC KLAC, we observe a call option trade with bearish sentiment. It expires in 18 day(s) on June 16, 2023. Parties traded 6 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $38.4K, with a price of $6400.0 per contract. There were 1064 open contracts at this strike prior to today, and today 705 contract(s) were bought and sold.

• For AVGO AVGO, we notice a call option trade that happens to be neutral, expiring in 18 day(s) on June 16, 2023. This event was a transfer of 10 contract(s) at a $850.00 strike. The total cost received by the writing party (or parties) was $27.4K, with a price of $2740.0 per contract. There were 325 open contracts at this strike prior to today, and today 422 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.