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.

Below are some instances of options activity happening in the Information Technology sector:

Explanation

These itemized elaborations have been created using the accompanying table.

• For AAPL AAPL, we notice a put option trade that happens to be bullish, expiring in 3 day(s) on August 25, 2023. This event was a transfer of 400 contract(s) at a $175.00 strike. The total cost received by the writing party (or parties) was $26.8K, with a price of $67.0 per contract. There were 12940 open contracts at this strike prior to today, and today 37056 contract(s) were bought and sold.

• For NVDA NVDA, we notice a call option trade that happens to be bullish, expiring in 3 day(s) on August 25, 2023. This event was a transfer of 100 contract(s) at a $455.00 strike. The total cost received by the writing party (or parties) was $264.3K, with a price of $2643.0 per contract. There were 2894 open contracts at this strike prior to today, and today 3612 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on August 25, 2023. Parties traded 20 contract(s) at a $337.50 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $29.0K, with a price of $1450.0 per contract. There were 459 open contracts at this strike prior to today, and today 1818 contract(s) were bought and sold.

• Regarding CSCO CSCO, we observe a put option sweep with bullish sentiment. It expires in 59 day(s) on October 20, 2023. Parties traded 434 contract(s) at a $55.00 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 $58.5K, with a price of $135.0 per contract. There were 7010 open contracts at this strike prior to today, and today 1748 contract(s) were bought and sold.

• Regarding PANW PANW, we observe a put option trade with neutral sentiment. It expires in 59 day(s) on October 20, 2023. Parties traded 118 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $39.7K, with a price of $337.0 per contract. There were 1091 open contracts at this strike prior to today, and today 802 contract(s) were bought and sold.

• For GLOB GLOB, we notice a call option sweep that happens to be bearish, expiring in 24 day(s) on September 15, 2023. This event was a transfer of 250 contract(s) at a $190.00 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 $107.0K, with a price of $430.0 per contract. There were 1677 open contracts at this strike prior to today, and today 751 contract(s) were bought and sold.

• For AMD AMD, we notice a put option trade that happens to be bearish, expiring in 514 day(s) on January 17, 2025. This event was a transfer of 660 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $1.2 million, with a price of $1901.0 per contract. There were 6922 open contracts at this strike prior to today, and today 675 contract(s) were bought and sold.

• For NTNX NTNX, we notice a call option sweep that happens to be bullish, expiring in 150 day(s) on January 19, 2024. This event was a transfer of 500 contract(s) at a $35.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $107.5K, with a price of $215.0 per contract. There were 486 open contracts at this strike prior to today, and today 504 contract(s) were bought and sold.

• Regarding COHR COHR, we observe a call option sweep with bullish sentiment. It expires in 150 day(s) on January 19, 2024. Parties traded 422 contract(s) at a $55.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $37.9K, with a price of $90.0 per contract. There were 9617 open contracts at this strike prior to today, and today 426 contract(s) were bought and sold.

• For MDB MDB, we notice a call option trade that happens to be bearish, expiring in 24 day(s) on September 15, 2023. This event was a transfer of 400 contract(s) at a $450.00 strike. The total cost received by the writing party (or parties) was $248.0K, with a price of $620.0 per contract. There were 294 open contracts at this strike prior to today, and today 412 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.