10 Information Technology Stocks With Whale Alerts 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.

Below are some instances of options activity happening in the Information Technology sector:

Explanation

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

• Regarding NVDA NVDA, we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on October 4, 2024. Parties traded 433 contract(s) at a $117.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $50.2K, with a price of $116.0 per contract. There were 25469 open contracts at this strike prior to today, and today 42110 contract(s) were bought and sold.

• For AMD AMD, we notice a call option trade that happens to be bearish, expiring in 2 day(s) on October 4, 2024. This event was a transfer of 100 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $25.7K, with a price of $257.0 per contract. There were 10676 open contracts at this strike prior to today, and today 37632 contract(s) were bought and sold.

• Regarding MU MU, we observe a call option sweep with bearish sentiment. It expires in 44 day(s) on November 15, 2024. Parties traded 89 contract(s) at a $110.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $25.7K, with a price of $289.0 per contract. There were 10409 open contracts at this strike prior to today, and today 3151 contract(s) were bought and sold.

• Regarding TSM TSM, we observe a call option trade with bearish sentiment. It expires in 23 day(s) on October 25, 2024. Parties traded 150 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $45.0K, with a price of $300.0 per contract. There were 780 open contracts at this strike prior to today, and today 2056 contract(s) were bought and sold.

• For MSFT MSFT, we notice a call option trade that happens to be bullish, expiring in 16 day(s) on October 18, 2024. This event was a transfer of 75 contract(s) at a $420.00 strike. The total cost received by the writing party (or parties) was $54.3K, with a price of $725.0 per contract. There were 4416 open contracts at this strike prior to today, and today 1516 contract(s) were bought and sold.

• For CRM CRM, we notice a call option trade that happens to be neutral, expiring in 2 day(s) on October 4, 2024. This event was a transfer of 39 contract(s) at a $275.00 strike. The total cost received by the writing party (or parties) was $27.6K, with a price of $710.0 per contract. There were 763 open contracts at this strike prior to today, and today 936 contract(s) were bought and sold.

• Regarding INTC INTC, we observe a call option trade with bullish sentiment. It expires in 107 day(s) on January 17, 2025. Parties traded 100 contract(s) at a $22.50 strike. The total cost received by the writing party (or parties) was $28.1K, with a price of $281.0 per contract. There were 13989 open contracts at this strike prior to today, and today 377 contract(s) were bought and sold.

• Regarding MSTR MSTR, we observe a call option trade with bullish sentiment. It expires in 170 day(s) on March 21, 2025. Parties traded 100 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $428.5K, with a price of $4285.0 per contract. There were 1030 open contracts at this strike prior to today, and today 206 contract(s) were bought and sold.

• Regarding APPN APPN, we observe a call option trade with bullish sentiment. It expires in 142 day(s) on February 21, 2025. Parties traded 103 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $26.4K, with a price of $257.0 per contract. There were 63 open contracts at this strike prior to today, and today 103 contract(s) were bought and sold.

• Regarding ADSK ADSK, we observe a call option trade with bearish sentiment. It expires in 44 day(s) on November 15, 2024. Parties traded 100 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $66.0K, with a price of $660.0 per contract. There were 262 open contracts at this strike prior to today, and today 91 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.