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.

Here's the list of options activity happening in today's session:

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding NVDA NVDA, we observe a call option sweep with bearish sentiment. It expires in 46 day(s) on January 19, 2024. Parties traded 500 contract(s) at a $600.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $27.5K, with a price of $55.0 per contract. There were 22668 open contracts at this strike prior to today, and today 38732 contract(s) were bought and sold.

• For AAPL AAPL, we notice a call option sweep that happens to be bullish, expiring in 102 day(s) on March 15, 2024. This event was a transfer of 300 contract(s) at a $200.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $123.0K, with a price of $410.0 per contract. There were 17671 open contracts at this strike prior to today, and today 5597 contract(s) were bought and sold.

• For AMD AMD, we notice a call option trade that happens to be bearish, expiring in 11 day(s) on December 15, 2023. This event was a transfer of 100 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $30.1K, with a price of $301.0 per contract. There were 24779 open contracts at this strike prior to today, and today 4606 contract(s) were bought and sold.

• Regarding CLSK CLSK, we observe a call option sweep with neutral sentiment. It expires in 102 day(s) on March 15, 2024. Parties traded 201 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 $38.1K, with a price of $190.0 per contract. There were 5174 open contracts at this strike prior to today, and today 1481 contract(s) were bought and sold.

• Regarding SNOW SNOW, we observe a put option trade with bullish sentiment. It expires in 11 day(s) on December 15, 2023. Parties traded 100 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $32.4K, with a price of $324.0 per contract. There were 624 open contracts at this strike prior to today, and today 1394 contract(s) were bought and sold.

• For MRVL MRVL, we notice a call option sweep that happens to be bearish, expiring in 46 day(s) on January 19, 2024. This event was a transfer of 552 contract(s) at a $57.50 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 $36.4K, with a price of $66.0 per contract. There were 4205 open contracts at this strike prior to today, and today 1002 contract(s) were bought and sold.

• Regarding PLTR PLTR, we observe a call option sweep with bullish sentiment. It expires in 46 day(s) on January 19, 2024. Parties traded 75 contract(s) at a $15.00 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 $29.9K, with a price of $399.0 per contract. There were 40646 open contracts at this strike prior to today, and today 943 contract(s) were bought and sold.

• For MSFT MSFT, we notice a call option trade that happens to be bullish, expiring in 74 day(s) on February 16, 2024. This event was a transfer of 500 contract(s) at a $380.00 strike. The total cost received by the writing party (or parties) was $619.0K, with a price of $1238.0 per contract. There were 3909 open contracts at this strike prior to today, and today 854 contract(s) were bought and sold.

• For BILL BILL, we notice a call option sweep that happens to be bullish, expiring in 74 day(s) on February 16, 2024. This event was a transfer of 139 contract(s) at a $75.00 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 $90.3K, with a price of $650.0 per contract. There were 1599 open contracts at this strike prior to today, and today 842 contract(s) were bought and sold.

• Regarding HCP HCP, we observe a put option sweep with bearish sentiment. It expires in 46 day(s) on January 19, 2024. Parties traded 180 contract(s) at a $25.00 strike. This particular put needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $50.3K, with a price of $280.0 per contract. There were 1852 open contracts at this strike prior to today, and today 499 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.