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

• For NVDA NVDA, we notice a put option trade that happens to be bearish, expiring in 3 day(s) on November 3, 2023. This event was a transfer of 50 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $31.7K, with a price of $635.0 per contract. There were 13108 open contracts at this strike prior to today, and today 46961 contract(s) were bought and sold.

• Regarding WDC WDC, we observe a call option trade with bullish sentiment. It expires in 108 day(s) on February 16, 2024. Parties traded 6800 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $781.9K, with a price of $115.0 per contract. There were 102 open contracts at this strike prior to today, and today 13712 contract(s) were bought and sold.

• For AAPL AAPL, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on November 3, 2023. This event was a transfer of 185 contract(s) at a $175.00 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 $26.8K, with a price of $145.0 per contract. There were 28899 open contracts at this strike prior to today, and today 11794 contract(s) were bought and sold.

• Regarding EXTR EXTR, we observe a put option trade with bearish sentiment. It expires in 17 day(s) on November 17, 2023. Parties traded 900 contract(s) at a $19.00 strike. The total cost received by the writing party (or parties) was $72.0K, with a price of $80.0 per contract. There were 550 open contracts at this strike prior to today, and today 4485 contract(s) were bought and sold.

• For AMD AMD, we notice a put option trade that happens to be bearish, expiring in 80 day(s) on January 19, 2024. This event was a transfer of 35 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $715.0 per contract. There were 26310 open contracts at this strike prior to today, and today 2275 contract(s) were bought and sold.

• Regarding ANET ANET, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on November 3, 2023. Parties traded 98 contract(s) at a $195.00 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 $64.6K, with a price of $660.0 per contract. There were 2324 open contracts at this strike prior to today, and today 1693 contract(s) were bought and sold.

• Regarding SLAB SLAB, we observe a put option sweep with bearish sentiment. It expires in 17 day(s) on November 17, 2023. Parties traded 800 contract(s) at a $85.00 strike. This particular put needed to be split into 77 different trades to become filled. The total cost received by the writing party (or parties) was $215.2K, with a price of $275.0 per contract. There were 7 open contracts at this strike prior to today, and today 800 contract(s) were bought and sold.

• For MU MU, we notice a put option trade that happens to be bearish, expiring in 80 day(s) on January 19, 2024. This event was a transfer of 650 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $35.7K, with a price of $55.0 per contract. There were 18082 open contracts at this strike prior to today, and today 650 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option trade with bearish sentiment. It expires in 80 day(s) on January 19, 2024. Parties traded 25 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $40.0K, with a price of $1600.0 per contract. There were 23544 open contracts at this strike prior to today, and today 372 contract(s) were bought and sold.

• Regarding HUBS HUBS, we observe a put option sweep with bullish sentiment. It expires in 136 day(s) on March 15, 2024. Parties traded 49 contract(s) at a $290.00 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 $34.3K, with a price of $700.0 per contract. There were 7 open contracts at this strike prior to today, and today 329 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.