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 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.

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.

• For NVDA NVDA, we notice a call option sweep that happens to be neutral, expiring in 3 day(s) on August 18, 2023. This event was a transfer of 52 contract(s) at a $450.00 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 $36.4K, with a price of $700.0 per contract. There were 16548 open contracts at this strike prior to today, and today 62669 contract(s) were bought and sold.

• Regarding NNDM NNDM, we observe a call option sweep with bullish sentiment. It expires in 31 day(s) on September 15, 2023. Parties traded 3267 contract(s) at a $3.00 strike. This particular call needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $65.3K, with a price of $20.0 per contract. There were 501 open contracts at this strike prior to today, and today 3704 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a call option sweep with bullish sentiment. It expires in 38 day(s) on September 22, 2023. Parties traded 200 contract(s) at a $185.00 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 5064 open contracts at this strike prior to today, and today 2545 contract(s) were bought and sold.

• For SPLK SPLK, we notice a call option trade that happens to be neutral, expiring in 10 day(s) on August 25, 2023. This event was a transfer of 52 contract(s) at a $98.00 strike. The total cost received by the writing party (or parties) was $26.4K, with a price of $508.0 per contract. There were 6 open contracts at this strike prior to today, and today 525 contract(s) were bought and sold.

• For PLTR PLTR, we notice a put option sweep that happens to be bullish, expiring in 311 day(s) on June 21, 2024. This event was a transfer of 326 contract(s) at a $15.00 strike. This particular put needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $95.5K, with a price of $293.0 per contract. There were 5858 open contracts at this strike prior to today, and today 507 contract(s) were bought and sold.

• Regarding CSCO CSCO, we observe a put option trade with bearish sentiment. It expires in 521 day(s) on January 17, 2025. Parties traded 500 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $288.0K, with a price of $576.0 per contract. There were 758 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.

• Regarding IONQ IONQ, we observe a call option sweep with bearish sentiment. It expires in 66 day(s) on October 20, 2023. Parties traded 100 contract(s) at a $17.50 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 $26.0K, with a price of $260.0 per contract. There were 2353 open contracts at this strike prior to today, and today 398 contract(s) were bought and sold.

• For AMD AMD, we notice a call option trade that happens to be neutral, expiring in 157 day(s) on January 19, 2024. This event was a transfer of 41 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $43.8K, with a price of $1070.0 per contract. There were 33290 open contracts at this strike prior to today, and today 373 contract(s) were bought and sold.

• Regarding ORCL ORCL, we observe a call option sweep with bullish sentiment. It expires in 17 day(s) on September 1, 2023. Parties traded 37 contract(s) at a $110.00 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 $29.6K, with a price of $800.0 per contract. There were 14 open contracts at this strike prior to today, and today 352 contract(s) were bought and sold.

• For SMCI SMCI, we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on August 18, 2023. This event was a transfer of 49 contract(s) at a $272.50 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 $58.8K, with a price of $1200.0 per contract. There were 102 open contracts at this strike prior to today, and today 265 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.