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

• Regarding NVDA NVDA, we observe a call option trade with bullish sentiment. It expires in 3 day(s) on January 12, 2024. Parties traded 53 contract(s) at a $540.00 strike. The total cost received by the writing party (or parties) was $29.4K, with a price of $555.0 per contract. There were 8820 open contracts at this strike prior to today, and today 31457 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on January 19, 2024. Parties traded 224 contract(s) at a $380.00 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 $55.9K, with a price of $250.0 per contract. There were 45830 open contracts at this strike prior to today, and today 12573 contract(s) were bought and sold.

• For APLD APLD, we notice a call option sweep that happens to be bullish, expiring in 10 day(s) on January 19, 2024. This event was a transfer of 651 contract(s) at a $9.00 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 $39.0K, with a price of $60.0 per contract. There were 6961 open contracts at this strike prior to today, and today 6259 contract(s) were bought and sold.

• For CRDO CRDO, we notice a call option trade that happens to be bearish, expiring in 66 day(s) on March 15, 2024. This event was a transfer of 1400 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $238.0K, with a price of $170.0 per contract. There were 182 open contracts at this strike prior to today, and today 2839 contract(s) were bought and sold.

• Regarding ARM ARM, we observe a call option trade with bullish sentiment. It expires in 738 day(s) on January 16, 2026. Parties traded 1734 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $4.0 million, with a price of $2350.0 per contract. There were 186 open contracts at this strike prior to today, and today 2151 contract(s) were bought and sold.

• For AAPL AAPL, we notice a call option trade that happens to be bearish, expiring in 374 day(s) on January 17, 2025. This event was a transfer of 50 contract(s) at a $225.00 strike. The total cost received by the writing party (or parties) was $27.4K, with a price of $549.0 per contract. There were 6314 open contracts at this strike prior to today, and today 2070 contract(s) were bought and sold.

• For SNOW SNOW, we notice a put option trade that happens to be bullish, expiring in 38 day(s) on February 16, 2024. This event was a transfer of 1000 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $1.1 million, with a price of $1135.0 per contract. There were 989 open contracts at this strike prior to today, and today 2022 contract(s) were bought and sold.

• For PSTG PSTG, we notice a call option trade that happens to be bullish, expiring in 66 day(s) on March 15, 2024. This event was a transfer of 160 contract(s) at a $28.00 strike. The total cost received by the writing party (or parties) was $162.5K, with a price of $1016.0 per contract. There were 7208 open contracts at this strike prior to today, and today 1460 contract(s) were bought and sold.

• Regarding RIOT RIOT, we observe a put option sweep with bullish sentiment. It expires in 38 day(s) on February 16, 2024. Parties traded 700 contract(s) at a $15.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $134.4K, with a price of $192.0 per contract. There were 806 open contracts at this strike prior to today, and today 1064 contract(s) were bought and sold.

• For XRX XRX, we notice a put option trade that happens to be bearish, expiring in 374 day(s) on January 17, 2025. This event was a transfer of 1000 contract(s) at a $13.00 strike. The total cost received by the writing party (or parties) was $122.0K, with a price of $122.0 per contract. There were 2136 open contracts at this strike prior to today, and today 1000 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.