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

• For NVDA NVDA, we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on December 15, 2023. This event was a transfer of 75 contract(s) at a $480.00 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 $37.2K, with a price of $496.0 per contract. There were 12887 open contracts at this strike prior to today, and today 4323 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a call option sweep with bullish sentiment. It expires in 72 day(s) on February 16, 2024. Parties traded 100 contract(s) at a $200.00 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 $46.5K, with a price of $465.0 per contract. There were 24143 open contracts at this strike prior to today, and today 3429 contract(s) were bought and sold.

• For HCP HCP, we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on December 15, 2023. This event was a transfer of 162 contract(s) at a $25.00 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 $36.4K, with a price of $225.0 per contract. There were 8488 open contracts at this strike prior to today, and today 2571 contract(s) were bought and sold.

• For DOCU DOCU, we notice a call option sweep that happens to be bullish, expiring in 44 day(s) on January 19, 2024. This event was a transfer of 250 contract(s) at a $55.00 strike. This particular call needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $34.5K, with a price of $138.0 per contract. There were 3938 open contracts at this strike prior to today, and today 2097 contract(s) were bought and sold.

• Regarding RIOT RIOT, we observe a call option sweep with bearish sentiment. It expires in 44 day(s) on January 19, 2024. Parties traded 200 contract(s) at a $16.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $39.4K, with a price of $197.0 per contract. There were 11465 open contracts at this strike prior to today, and today 1408 contract(s) were bought and sold.

• For IOT IOT, we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on December 15, 2023. This event was a transfer of 100 contract(s) at a $30.00 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 $50.0K, with a price of $500.0 per contract. There were 6136 open contracts at this strike prior to today, and today 894 contract(s) were bought and sold.

• Regarding PLTR PLTR, we observe a put option sweep with bearish sentiment. It expires in 72 day(s) on February 16, 2024. Parties traded 250 contract(s) at a $18.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $50.5K, with a price of $202.0 per contract. There were 15813 open contracts at this strike prior to today, and today 672 contract(s) were bought and sold.

• For CSCO CSCO, we notice a put option trade that happens to be bullish, expiring in 100 day(s) on March 15, 2024. This event was a transfer of 379 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $35.2K, with a price of $93.0 per contract. There were 6510 open contracts at this strike prior to today, and today 447 contract(s) were bought and sold.

• Regarding SMTC SMTC, we observe a call option sweep with bearish sentiment. It expires in 9 day(s) on December 15, 2023. Parties traded 371 contract(s) at a $16.00 strike. This particular call needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $76.0K, with a price of $205.0 per contract. There were 854 open contracts at this strike prior to today, and today 388 contract(s) were bought and sold.

• Regarding MCHP MCHP, we observe a call option sweep with neutral sentiment. It expires in 317 day(s) on October 18, 2024. Parties traded 189 contract(s) at a $95.00 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 $133.1K, with a price of $706.0 per contract. There were 2338 open contracts at this strike prior to today, and today 351 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.