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 NVDA NVDA, we notice a call option sweep that happens to be neutral, expiring in 1 day(s) on November 24, 2023. This event was a transfer of 451 contract(s) at a $490.00 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 $100.9K, with a price of $225.0 per contract. There were 5653 open contracts at this strike prior to today, and today 103902 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a call option trade with bearish sentiment. It expires in 8 day(s) on December 1, 2023. Parties traded 500 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $50.0 per contract. There were 13826 open contracts at this strike prior to today, and today 16439 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a put option trade with neutral sentiment. It expires in 8 day(s) on December 1, 2023. Parties traded 200 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $25.4K, with a price of $127.0 per contract. There were 1611 open contracts at this strike prior to today, and today 9765 contract(s) were bought and sold.

• For MARA MARA, we notice a put option sweep that happens to be bearish, expiring in 8 day(s) on December 1, 2023. This event was a transfer of 695 contract(s) at a $10.50 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 $28.5K, with a price of $41.0 per contract. There were 1162 open contracts at this strike prior to today, and today 6203 contract(s) were bought and sold.

• For MSFT MSFT, we notice a call option sweep that happens to be neutral, expiring in 8 day(s) on December 1, 2023. This event was a transfer of 46 contract(s) at a $375.00 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 $27.1K, with a price of $590.0 per contract. There were 5159 open contracts at this strike prior to today, and today 4038 contract(s) were bought and sold.

• Regarding DELL DELL, we observe a call option trade with neutral sentiment. It expires in 8 day(s) on December 1, 2023. Parties traded 608 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $161.1K, with a price of $265.0 per contract. There were 413 open contracts at this strike prior to today, and today 1521 contract(s) were bought and sold.

• For IBM IBM, we notice a call option sweep that happens to be neutral, expiring in 22 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 16 different trades to become filled. The total cost received by the writing party (or parties) was $300.0K, with a price of $600.0 per contract. There were 6988 open contracts at this strike prior to today, and today 803 contract(s) were bought and sold.

• For INTC INTC, we notice a call option sweep that happens to be bearish, expiring in 57 day(s) on January 19, 2024. This event was a transfer of 80 contract(s) at a $40.00 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 $37.0K, with a price of $463.0 per contract. There were 75589 open contracts at this strike prior to today, and today 633 contract(s) were bought and sold.

• For NTAP NTAP, we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on December 1, 2023. This event was a transfer of 305 contract(s) at a $81.00 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 $38.1K, with a price of $125.0 per contract. There were 16 open contracts at this strike prior to today, and today 600 contract(s) were bought and sold.

• Regarding TSM TSM, we observe a call option sweep with bullish sentiment. It expires in 8 day(s) on December 1, 2023. Parties traded 119 contract(s) at a $96.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $38.0K, with a price of $320.0 per contract. There were 172 open contracts at this strike prior to today, and today 470 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.