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 call option sweep with neutral sentiment. It expires in 1 day(s) on November 3, 2023. Parties traded 71 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 $31.5K, with a price of $445.0 per contract. There were 31969 open contracts at this strike prior to today, and today 20064 contract(s) were bought and sold.

• For PANW PANW, we notice a call option trade that happens to be bullish, expiring in 43 day(s) on December 15, 2023. This event was a transfer of 50 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $76.5K, with a price of $1530.0 per contract. There were 1622 open contracts at this strike prior to today, and today 3264 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option sweep with bullish sentiment. It expires in 15 day(s) on November 17, 2023. Parties traded 151 contract(s) at a $355.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $43.3K, with a price of $286.0 per contract. There were 9410 open contracts at this strike prior to today, and today 2113 contract(s) were bought and sold.

• Regarding INTC INTC, we observe a put option sweep with bullish sentiment. It expires in 78 day(s) on January 19, 2024. Parties traded 1021 contract(s) at a $32.50 strike. This particular put needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $56.2K, with a price of $55.0 per contract. There were 46536 open contracts at this strike prior to today, and today 1895 contract(s) were bought and sold.

• Regarding NET NET, we observe a put option trade with bearish sentiment. It expires in 1 day(s) on November 3, 2023. Parties traded 1000 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $246.0K, with a price of $246.0 per contract. There were 1026 open contracts at this strike prior to today, and today 1242 contract(s) were bought and sold.

• Regarding PCOR PCOR, we observe a put option sweep with bullish sentiment. It expires in 15 day(s) on November 17, 2023. Parties traded 161 contract(s) at a $55.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $87.5K, with a price of $540.0 per contract. There were 2763 open contracts at this strike prior to today, and today 999 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a call option trade with neutral sentiment. It expires in 43 day(s) on December 15, 2023. Parties traded 22 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $25.5K, with a price of $1160.0 per contract. There were 6594 open contracts at this strike prior to today, and today 963 contract(s) were bought and sold.

• For PLTR PLTR, we notice a call option trade that happens to be bearish, expiring in 442 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $17.00 strike. The total cost received by the writing party (or parties) was $56.1K, with a price of $561.0 per contract. There were 10441 open contracts at this strike prior to today, and today 580 contract(s) were bought and sold.

• For CFLT CFLT, we notice a call option trade that happens to be bearish, expiring in 442 day(s) on January 17, 2025. This event was a transfer of 149 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $33.5K, with a price of $225.0 per contract. There were 443 open contracts at this strike prior to today, and today 339 contract(s) were bought and sold.

• For QCOM QCOM, we notice a call option sweep that happens to be bullish, expiring in 232 day(s) on June 21, 2024. This event was a transfer of 33 contract(s) at a $120.00 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 $37.2K, with a price of $1130.0 per contract. There were 859 open contracts at this strike prior to today, and today 313 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.