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.

• Regarding AAPL AAPL, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on February 9, 2024. Parties traded 363 contract(s) at a $190.00 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 $49.6K, with a price of $137.0 per contract. There were 33378 open contracts at this strike prior to today, and today 94491 contract(s) were bought and sold.

• For NVDA NVDA, we notice a call option trade that happens to be neutral, expiring in 4 day(s) on February 9, 2024. This event was a transfer of 50 contract(s) at a $700.00 strike. The total cost received by the writing party (or parties) was $48.7K, with a price of $975.0 per contract. There were 11833 open contracts at this strike prior to today, and today 70343 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on February 9, 2024. Parties traded 150 contract(s) at a $177.50 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 $34.0K, with a price of $228.0 per contract. There were 4787 open contracts at this strike prior to today, and today 17374 contract(s) were bought and sold.

• Regarding PLTR PLTR, we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on February 9, 2024. Parties traded 1667 contract(s) at a $13.50 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $25.0K, with a price of $15.0 per contract. There were 2408 open contracts at this strike prior to today, and today 4079 contract(s) were bought and sold.

• For ARM ARM, we notice a call option sweep that happens to be bearish, expiring in 11 day(s) on February 16, 2024. This event was a transfer of 194 contract(s) at a $80.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $28.3K, with a price of $146.0 per contract. There were 7664 open contracts at this strike prior to today, and today 1798 contract(s) were bought and sold.

• Regarding ORCL ORCL, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on February 9, 2024. Parties traded 200 contract(s) at a $116.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $29.8K, with a price of $149.0 per contract. There were 1728 open contracts at this strike prior to today, and today 1756 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option sweep with bearish sentiment. It expires in 39 day(s) on March 15, 2024. Parties traded 40 contract(s) at a $400.00 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 $60.4K, with a price of $1513.0 per contract. There were 9423 open contracts at this strike prior to today, and today 1670 contract(s) were bought and sold.

• For SMCI SMCI, we notice a put option sweep that happens to be bullish, expiring in 4 day(s) on February 9, 2024. This event was a transfer of 106 contract(s) at a $590.00 strike. This particular put needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $56.4K, with a price of $530.0 per contract. There were 91 open contracts at this strike prior to today, and today 1350 contract(s) were bought and sold.

• Regarding AVGO AVGO, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on February 9, 2024. Parties traded 50 contract(s) at a $1250.00 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 $63.0K, with a price of $1260.0 per contract. There were 1071 open contracts at this strike prior to today, and today 902 contract(s) were bought and sold.

• Regarding CLSK CLSK, we observe a call option sweep with bullish sentiment. It expires in 347 day(s) on January 17, 2025. Parties traded 200 contract(s) at a $25.00 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 $32.0K, with a price of $160.0 per contract. There were 3887 open contracts at this strike prior to today, and today 658 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.