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 itemized elaborations have been created using the accompanying table.

• For NVDA NVDA, we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on November 17, 2023. This event was a transfer of 322 contract(s) at a $495.00 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $119.1K, with a price of $370.0 per contract. There were 8787 open contracts at this strike prior to today, and today 38955 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on November 17, 2023. Parties traded 94 contract(s) at a $370.00 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 $26.0K, with a price of $277.0 per contract. There were 19033 open contracts at this strike prior to today, and today 12236 contract(s) were bought and sold.

• Regarding RIOT RIOT, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on November 17, 2023. Parties traded 700 contract(s) at a $10.00 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 $29.4K, with a price of $42.0 per contract. There were 11070 open contracts at this strike prior to today, and today 8274 contract(s) were bought and sold.

• For PLTR PLTR, we notice a call option sweep that happens to be bullish, expiring in 65 day(s) on January 19, 2024. This event was a transfer of 520 contract(s) at a $25.00 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 $25.3K, with a price of $49.0 per contract. There were 45083 open contracts at this strike prior to today, and today 7171 contract(s) were bought and sold.

• For IBM IBM, we notice a call option sweep that happens to be bullish, expiring in 30 day(s) on December 15, 2023. This event was a transfer of 500 contract(s) at a $150.00 strike. This particular call needed to be split into 32 different trades to become filled. The total cost received by the writing party (or parties) was $250.0K, with a price of $500.0 per contract. There were 9976 open contracts at this strike prior to today, and today 3965 contract(s) were bought and sold.

• For AAPL AAPL, we notice a put option trade that happens to be bullish, expiring in 583 day(s) on June 20, 2025. This event was a transfer of 24 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $25.8K, with a price of $1075.0 per contract. There were 3335 open contracts at this strike prior to today, and today 2567 contract(s) were bought and sold.

• Regarding MRVL MRVL, we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on November 17, 2023. Parties traded 356 contract(s) at a $57.50 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 $30.6K, with a price of $86.0 per contract. There were 187 open contracts at this strike prior to today, and today 2522 contract(s) were bought and sold.

• Regarding INTC INTC, we observe a call option trade with bullish sentiment. It expires in 65 day(s) on January 19, 2024. Parties traded 100 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $60.4K, with a price of $604.0 per contract. There were 76047 open contracts at this strike prior to today, and today 1056 contract(s) were bought and sold.

• Regarding AVGO AVGO, we observe a call option trade with bearish sentiment. It expires in 65 day(s) on January 19, 2024. Parties traded 20 contract(s) at a $1000.00 strike. The total cost received by the writing party (or parties) was $86.2K, with a price of $4311.0 per contract. There were 1648 open contracts at this strike prior to today, and today 962 contract(s) were bought and sold.

• For S S, we notice a put option sweep that happens to be bullish, expiring in 121 day(s) on March 15, 2024. This event was a transfer of 320 contract(s) at a $14.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $25.6K, with a price of $80.0 per contract. There were 40 open contracts at this strike prior to today, and today 893 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.