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.

• For AAPL AAPL, we notice a put option trade that happens to be bearish, expiring in 7 day(s) on September 22, 2023. This event was a transfer of 350 contract(s) at a $172.50 strike. The total cost received by the writing party (or parties) was $47.6K, with a price of $136.0 per contract. There were 12133 open contracts at this strike prior to today, and today 13942 contract(s) were bought and sold.

• For NVDA NVDA, we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 20 contract(s) at a $455.00 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 $30.5K, with a price of $1528.0 per contract. There were 8298 open contracts at this strike prior to today, and today 8913 contract(s) were bought and sold.

• Regarding CSCO CSCO, we observe a put option trade with bullish sentiment. It expires in 63 day(s) on November 17, 2023. Parties traded 4000 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $572.0K, with a price of $143.0 per contract. There were 11217 open contracts at this strike prior to today, and today 4258 contract(s) were bought and sold.

• For AMD AMD, we notice a put option sweep that happens to be bullish, expiring in 35 day(s) on October 20, 2023. This event was a transfer of 349 contract(s) at a $95.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $67.0K, with a price of $192.0 per contract. There were 31786 open contracts at this strike prior to today, and today 3499 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option trade with neutral sentiment. It expires in 14 day(s) on September 29, 2023. Parties traded 50 contract(s) at a $332.50 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $500.0 per contract. There were 239 open contracts at this strike prior to today, and today 1932 contract(s) were bought and sold.

• For INTC INTC, we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 374 contract(s) at a $38.50 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $29.9K, with a price of $80.0 per contract. There were 2297 open contracts at this strike prior to today, and today 1700 contract(s) were bought and sold.

• Regarding MU MU, we observe a call option sweep with bearish sentiment. It expires in 91 day(s) on December 15, 2023. Parties traded 251 contract(s) at a $75.00 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 $76.5K, with a price of $305.0 per contract. There were 1942 open contracts at this strike prior to today, and today 617 contract(s) were bought and sold.

• Regarding MCHP MCHP, we observe a call option sweep with neutral sentiment. It expires in 35 day(s) on October 20, 2023. Parties traded 254 contract(s) at a $82.50 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $26.3K, with a price of $104.0 per contract. There were 1241 open contracts at this strike prior to today, and today 547 contract(s) were bought and sold.

• Regarding KLAC KLAC, we observe a put option sweep with bearish sentiment. It expires in 7 day(s) on September 22, 2023. Parties traded 78 contract(s) at a $460.00 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 $74.1K, with a price of $950.0 per contract. There were 23 open contracts at this strike prior to today, and today 424 contract(s) were bought and sold.

• Regarding AVGO AVGO, we observe a call option trade with bearish sentiment. It expires in 91 day(s) on December 15, 2023. Parties traded 50 contract(s) at a $1000.00 strike. The total cost received by the writing party (or parties) was $45.5K, with a price of $910.0 per contract. There were 621 open contracts at this strike prior to today, and today 392 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.