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.

• For AAPL AAPL, we notice a put option sweep that happens to be bullish, expiring in 2 day(s) on August 18, 2023. This event was a transfer of 1409 contract(s) at a $175.00 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $56.5K, with a price of $40.0 per contract. There were 36150 open contracts at this strike prior to today, and today 49995 contract(s) were bought and sold.

• For NVDA NVDA, we notice a put option trade that happens to be bullish, expiring in 2 day(s) on August 18, 2023. This event was a transfer of 80 contract(s) at a $440.00 strike. The total cost received by the writing party (or parties) was $48.4K, with a price of $605.0 per contract. There were 12297 open contracts at this strike prior to today, and today 27152 contract(s) were bought and sold.

• Regarding CSCO CSCO, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on August 18, 2023. Parties traded 432 contract(s) at a $54.00 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 $33.9K, with a price of $79.0 per contract. There were 10189 open contracts at this strike prior to today, and today 2881 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a call option sweep with bearish sentiment. It expires in 9 day(s) on August 25, 2023. Parties traded 270 contract(s) at a $108.00 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 $97.5K, with a price of $361.0 per contract. There were 890 open contracts at this strike prior to today, and today 2200 contract(s) were bought and sold.

• For LITE LITE, we notice a call option sweep that happens to be bullish, expiring in 212 day(s) on March 15, 2024. This event was a transfer of 275 contract(s) at a $65.00 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 $56.3K, with a price of $205.0 per contract. There were 0 open contracts at this strike prior to today, and today 1155 contract(s) were bought and sold.

• Regarding TWLO TWLO, we observe a call option sweep with bullish sentiment. It expires in 30 day(s) on September 15, 2023. Parties traded 100 contract(s) at a $60.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $38.4K, with a price of $385.0 per contract. There were 1868 open contracts at this strike prior to today, and today 698 contract(s) were bought and sold.

• Regarding RIOT RIOT, we observe a call option trade with bearish sentiment. It expires in 520 day(s) on January 17, 2025. Parties traded 100 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $43.4K, with a price of $435.0 per contract. There were 3148 open contracts at this strike prior to today, and today 661 contract(s) were bought and sold.

• Regarding MU MU, we observe a put option sweep with bullish sentiment. It expires in 30 day(s) on September 15, 2023. Parties traded 125 contract(s) at a $65.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $33.3K, with a price of $267.0 per contract. There were 13149 open contracts at this strike prior to today, and today 659 contract(s) were bought and sold.

• For PANW PANW, we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on August 18, 2023. This event was a transfer of 220 contract(s) at a $225.00 strike. This particular call needed to be split into 43 different trades to become filled. The total cost received by the writing party (or parties) was $41.8K, with a price of $191.0 per contract. There were 928 open contracts at this strike prior to today, and today 619 contract(s) were bought and sold.

• For INTC INTC, we notice a put option sweep that happens to be bullish, expiring in 65 day(s) on October 20, 2023. This event was a transfer of 251 contract(s) at a $32.00 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 $26.8K, with a price of $107.0 per contract. There were 14985 open contracts at this strike prior to today, and today 362 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.