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 NVDA NVDA, we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on June 2, 2023. Parties traded 436 contract(s) at a $380.00 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 $167.6K, with a price of $380.0 per contract. There were 9440 open contracts at this strike prior to today, and today 36395 contract(s) were bought and sold.

• For PLTR PLTR, we notice a call option sweep that happens to be bearish, expiring in 16 day(s) on June 16, 2023. This event was a transfer of 2500 contract(s) at a $14.00 strike. This particular call needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $287.5K, with a price of $115.0 per contract. There were 14652 open contracts at this strike prior to today, and today 18666 contract(s) were bought and sold.

• Regarding TSM TSM, we observe a call option trade with bearish sentiment. It expires in 79 day(s) on August 18, 2023. Parties traded 5000 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $12.6 million, with a price of $2520.0 per contract. There were 46514 open contracts at this strike prior to today, and today 10001 contract(s) were bought and sold.

• Regarding AI AI, we observe a call option sweep with bearish sentiment. It expires in 51 day(s) on July 21, 2023. Parties traded 100 contract(s) at a $25.00 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 $150.0K, with a price of $1500.0 per contract. There were 15933 open contracts at this strike prior to today, and today 6863 contract(s) were bought and sold.

• Regarding PATH PATH, we observe a call option sweep with bullish sentiment. It expires in 170 day(s) on November 17, 2023. Parties traded 212 contract(s) at a $25.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $25.4K, with a price of $120.0 per contract. There were 7010 open contracts at this strike prior to today, and today 5175 contract(s) were bought and sold.

• For CRM CRM, we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on June 2, 2023. This event was a transfer of 54 contract(s) at a $220.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $59.9K, with a price of $1110.0 per contract. There were 3408 open contracts at this strike prior to today, and today 2916 contract(s) were bought and sold.

• Regarding AMAT AMAT, we observe a put option trade with bearish sentiment. It expires in 597 day(s) on January 17, 2025. Parties traded 2000 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $940.0K, with a price of $470.0 per contract. There were 96 open contracts at this strike prior to today, and today 2000 contract(s) were bought and sold.

• For AAPL AAPL, we notice a put option sweep that happens to be bullish, expiring in 16 day(s) on June 16, 2023. This event was a transfer of 98 contract(s) at a $177.50 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 $28.1K, with a price of $287.0 per contract. There were 1750 open contracts at this strike prior to today, and today 1847 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a put option trade with bullish sentiment. It expires in 79 day(s) on August 18, 2023. Parties traded 38 contract(s) at a $335.00 strike. The total cost received by the writing party (or parties) was $61.4K, with a price of $1618.0 per contract. There were 998 open contracts at this strike prior to today, and today 1110 contract(s) were bought and sold.

• Regarding SNOW SNOW, we observe a call option sweep with bearish sentiment. It expires in 16 day(s) on June 16, 2023. Parties traded 60 contract(s) at a $165.00 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 $42.9K, with a price of $715.0 per contract. There were 1151 open contracts at this strike prior to today, and today 969 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.