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 bullet-by-bullet explanations have been constructed using the accompanying table.

• Regarding NVDA NVDA, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on October 27, 2023. Parties traded 100 contract(s) at a $430.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $71.0K, with a price of $710.0 per contract. There were 8932 open contracts at this strike prior to today, and today 27351 contract(s) were bought and sold.

• For CSCO CSCO, we notice a call option sweep that happens to be bearish, expiring in 25 day(s) on November 17, 2023. This event was a transfer of 950 contract(s) at a $55.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $60.8K, with a price of $64.0 per contract. There were 40738 open contracts at this strike prior to today, and today 4204 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on October 27, 2023. Parties traded 55 contract(s) at a $327.50 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $54.1K, with a price of $985.0 per contract. There were 5273 open contracts at this strike prior to today, and today 2732 contract(s) were bought and sold.

• Regarding PLTR PLTR, we observe a call option sweep with bullish sentiment. It expires in 11 day(s) on November 3, 2023. Parties traded 408 contract(s) at a $16.50 strike. This particular call needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $40.8K, with a price of $100.0 per contract. There were 4024 open contracts at this strike prior to today, and today 1827 contract(s) were bought and sold.

• Regarding SNOW SNOW, we observe a call option sweep with neutral sentiment. It expires in 4 day(s) on October 27, 2023. Parties traded 151 contract(s) at a $150.00 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 $60.9K, with a price of $400.0 per contract. There were 523 open contracts at this strike prior to today, and today 1405 contract(s) were bought and sold.

• For PRGS PRGS, we notice a put option sweep that happens to be bearish, expiring in 144 day(s) on March 15, 2024. This event was a transfer of 500 contract(s) at a $50.00 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 $153.5K, with a price of $309.0 per contract. There were 2765 open contracts at this strike prior to today, and today 1001 contract(s) were bought and sold.

• Regarding ORCL ORCL, we observe a put option sweep with bearish sentiment. It expires in 53 day(s) on December 15, 2023. Parties traded 76 contract(s) at a $110.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $60.4K, with a price of $795.0 per contract. There were 7685 open contracts at this strike prior to today, and today 985 contract(s) were bought and sold.

• For MSTR MSTR, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on October 27, 2023. This event was a transfer of 45 contract(s) at a $385.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $40.5K, with a price of $900.0 per contract. There were 592 open contracts at this strike prior to today, and today 812 contract(s) were bought and sold.

• For CRWD CRWD, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on October 27, 2023. This event was a transfer of 100 contract(s) at a $175.00 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 $70.6K, with a price of $706.0 per contract. There were 223 open contracts at this strike prior to today, and today 565 contract(s) were bought and sold.

• Regarding AMAT AMAT, we observe a call option sweep with neutral sentiment. It expires in 25 day(s) on November 17, 2023. Parties traded 52 contract(s) at a $135.00 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 $31.9K, with a price of $615.0 per contract. There were 1214 open contracts at this strike prior to today, and today 286 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.