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:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
PLTR CALL SWEEP BEARISH 09/15/23 $16.00 $30.0K 24.7K 15.8K
AMD PUT SWEEP BEARISH 09/15/23 $105.00 $25.2K 14.6K 9.6K
ALGM CALL SWEEP BULLISH 02/16/24 $55.00 $58.5K 290 1.8K
ORCL PUT SWEEP BULLISH 10/20/23 $115.00 $25.4K 4.9K 1.5K
ENPH CALL SWEEP BULLISH 09/15/23 $125.00 $31.1K 2.0K 1.0K
CRWD CALL SWEEP BULLISH 01/19/24 $170.00 $131.4K 1.6K 541
IBM CALL TRADE BULLISH 01/17/25 $195.00 $35.0K 26 200
AVGO CALL SWEEP BULLISH 01/19/24 $900.00 $68.9K 1.4K 191
MSFT CALL SWEEP BULLISH 09/15/23 $300.00 $68.6K 12.4K 166
TSM CALL TRADE BULLISH 01/19/24 $95.00 $25.2K 4.3K 138

Explanation

These itemized elaborations have been created using the accompanying table.

• For PLTR PLTR, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on September 15, 2023. This event was a transfer of 1000 contract(s) at a $16.00 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 $30.0K, with a price of $30.0 per contract. There were 24748 open contracts at this strike prior to today, and today 15827 contract(s) were bought and sold.

• For AMD AMD, we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on September 15, 2023. This event was a transfer of 200 contract(s) at a $105.00 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 $25.2K, with a price of $126.0 per contract. There were 14674 open contracts at this strike prior to today, and today 9611 contract(s) were bought and sold.

• For ALGM ALGM, we notice a call option sweep that happens to be bullish, expiring in 157 day(s) on February 16, 2024. This event was a transfer of 1890 contract(s) at a $55.00 strike. This particular call needed to be split into 52 different trades to become filled. The total cost received by the writing party (or parties) was $58.5K, with a price of $30.0 per contract. There were 290 open contracts at this strike prior to today, and today 1890 contract(s) were bought and sold.

• Regarding ORCL ORCL, we observe a put option sweep with bullish sentiment. It expires in 38 day(s) on October 20, 2023. Parties traded 40 contract(s) at a $115.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $25.4K, with a price of $635.0 per contract. There were 4991 open contracts at this strike prior to today, and today 1531 contract(s) were bought and sold.

• Regarding ENPH ENPH, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on September 15, 2023. Parties traded 180 contract(s) at a $125.00 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 $31.1K, with a price of $172.0 per contract. There were 2091 open contracts at this strike prior to today, and today 1078 contract(s) were bought and sold.

• For CRWD CRWD, we notice a call option sweep that happens to be bullish, expiring in 129 day(s) on January 19, 2024. This event was a transfer of 76 contract(s) at a $170.00 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 $131.4K, with a price of $1730.0 per contract. There were 1620 open contracts at this strike prior to today, and today 541 contract(s) were bought and sold.

• Regarding IBM IBM, we observe a call option trade with bullish sentiment. It expires in 493 day(s) on January 17, 2025. Parties traded 200 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $35.0K, with a price of $175.0 per contract. There were 26 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.

• For AVGO AVGO, we notice a call option sweep that happens to be bullish, expiring in 129 day(s) on January 19, 2024. This event was a transfer of 16 contract(s) at a $900.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $68.9K, with a price of $4310.0 per contract. There were 1405 open contracts at this strike prior to today, and today 191 contract(s) were bought and sold.

• For MSFT MSFT, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on September 15, 2023. This event was a transfer of 20 contract(s) at a $300.00 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 $68.6K, with a price of $3430.0 per contract. There were 12432 open contracts at this strike prior to today, and today 166 contract(s) were bought and sold.

• For TSM TSM, we notice a call option trade that happens to be bullish, expiring in 129 day(s) on January 19, 2024. This event was a transfer of 50 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $505.0 per contract. There were 4391 open contracts at this strike prior to today, and today 138 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.

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