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 put option trade with bullish sentiment. It expires in 3 day(s) on June 9, 2023. Parties traded 250 contract(s) at a $177.50 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $100.0 per contract. There were 24642 open contracts at this strike prior to today, and today 61667 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a call option trade with bullish sentiment. It expires in 3 day(s) on June 9, 2023. Parties traded 200 contract(s) at a $122.00 strike. The total cost received by the writing party (or parties) was $50.0K, with a price of $250.0 per contract. There were 8373 open contracts at this strike prior to today, and today 28637 contract(s) were bought and sold.

• Regarding NET NET, we observe a put option trade with bullish sentiment. It expires in 73 day(s) on August 18, 2023. Parties traded 4000 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $2.1 million, with a price of $544.0 per contract. There were 619 open contracts at this strike prior to today, and today 4062 contract(s) were bought and sold.

• For PLTR PLTR, we notice a call option sweep that happens to be bearish, expiring in 38 day(s) on July 14, 2023. This event was a transfer of 711 contract(s) at a $19.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $27.0K, with a price of $38.0 per contract. There were 28 open contracts at this strike prior to today, and today 2863 contract(s) were bought and sold.

• For NVDA NVDA, we notice a call option sweep that happens to be bullish, expiring in 38 day(s) on July 14, 2023. This event was a transfer of 250 contract(s) at a $500.00 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 $28.1K, with a price of $113.0 per contract. There were 631 open contracts at this strike prior to today, and today 1896 contract(s) were bought and sold.

• Regarding AI AI, we observe a put option trade with bullish sentiment. It expires in 3 day(s) on June 9, 2023. Parties traded 100 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $31.0K, with a price of $310.0 per contract. There were 2304 open contracts at this strike prior to today, and today 1754 contract(s) were bought and sold.

• Regarding QCOM QCOM, we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on June 16, 2023. Parties traded 200 contract(s) at a $116.00 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 $45.5K, with a price of $228.0 per contract. There were 931 open contracts at this strike prior to today, and today 1238 contract(s) were bought and sold.

• For PATH PATH, we notice a call option sweep that happens to be bearish, expiring in 10 day(s) on June 16, 2023. This event was a transfer of 211 contract(s) at a $17.50 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 $47.4K, with a price of $225.0 per contract. There were 3833 open contracts at this strike prior to today, and today 569 contract(s) were bought and sold.

• For TSM TSM, we notice a call option sweep that happens to be bullish, expiring in 10 day(s) on June 16, 2023. This event was a transfer of 200 contract(s) at a $99.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $47.4K, with a price of $238.0 per contract. There were 1634 open contracts at this strike prior to today, and today 527 contract(s) were bought and sold.

• For AVGO AVGO, we notice a put option trade that happens to be bearish, expiring in 591 day(s) on January 17, 2025. This event was a transfer of 7 contract(s) at a $630.00 strike. The total cost received by the writing party (or parties) was $36.1K, with a price of $5160.0 per contract. There were 436 open contracts at this strike prior to today, and today 301 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.