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.

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

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding AAPL AAPL, we observe a put option sweep with bullish sentiment. It expires in 1 day(s) on September 8, 2023. Parties traded 395 contract(s) at a $175.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $28.0K, with a price of $71.0 per contract. There were 12817 open contracts at this strike prior to today, and today 85632 contract(s) were bought and sold.

• For NVDA NVDA, we notice a call option trade that happens to be bearish, expiring in 1 day(s) on September 8, 2023. This event was a transfer of 80 contract(s) at a $455.00 strike. The total cost received by the writing party (or parties) was $42.0K, with a price of $526.0 per contract. There were 469 open contracts at this strike prior to today, and today 19280 contract(s) were bought and sold.

• For MSFT MSFT, we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on September 15, 2023. This event was a transfer of 200 contract(s) at a $335.00 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 $50.0K, with a price of $250.0 per contract. There were 11213 open contracts at this strike prior to today, and today 6501 contract(s) were bought and sold.

• Regarding AI AI, we observe a put option sweep with bullish sentiment. It expires in 43 day(s) on October 20, 2023. Parties traded 43 contract(s) at a $35.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $35.4K, with a price of $825.0 per contract. There were 29603 open contracts at this strike prior to today, and today 5544 contract(s) were bought and sold.

• Regarding STX STX, we observe a put option trade with bullish sentiment. It expires in 498 day(s) on January 17, 2025. Parties traded 1500 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $964.5K, with a price of $643.0 per contract. There were 3952 open contracts at this strike prior to today, and today 2972 contract(s) were bought and sold.

• Regarding ORCL ORCL, we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on September 15, 2023. Parties traded 177 contract(s) at a $125.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $70.8K, with a price of $400.0 per contract. There were 14466 open contracts at this strike prior to today, and today 2465 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a call option trade with bearish sentiment. It expires in 43 day(s) on October 20, 2023. Parties traded 100 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $31.5K, with a price of $315.0 per contract. There were 22901 open contracts at this strike prior to today, and today 1591 contract(s) were bought and sold.

• For LRCX LRCX, we notice a put option trade that happens to be bullish, expiring in 71 day(s) on November 17, 2023. This event was a transfer of 10 contract(s) at a $640.00 strike. The total cost received by the writing party (or parties) was $27.4K, with a price of $2740.0 per contract. There were 71 open contracts at this strike prior to today, and today 776 contract(s) were bought and sold.

• For INTC INTC, we notice a call option trade that happens to be bullish, expiring in 498 day(s) on January 17, 2025. This event was a transfer of 293 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $133.3K, with a price of $455.0 per contract. There were 35810 open contracts at this strike prior to today, and today 694 contract(s) were bought and sold.

• For TSM TSM, we notice a put option sweep that happens to be bullish, expiring in 71 day(s) on November 17, 2023. This event was a transfer of 447 contract(s) at a $85.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $119.7K, with a price of $268.0 per contract. There were 5694 open contracts at this strike prior to today, and today 646 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.