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.

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 call option trade with neutral sentiment. It expires in 25 day(s) on January 17, 2025. Parties traded 60 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $35.7K, with a price of $595.0 per contract. There were 128293 open contracts at this strike prior to today, and today 138609 contract(s) were bought and sold.

• For AMD AMD, we notice a call option trade that happens to be bullish, expiring in 4 day(s) on December 27, 2024. This event was a transfer of 175 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $36.4K, with a price of $208.0 per contract. There were 20604 open contracts at this strike prior to today, and today 51282 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 December 27, 2024. Parties traded 512 contract(s) at a $76.00 strike. This particular put needed to be split into 42 different trades to become filled. The total cost received by the writing party (or parties) was $33.7K, with a price of $66.0 per contract. There were 3747 open contracts at this strike prior to today, and today 10392 contract(s) were bought and sold.

• For AVGO AVGO, we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on December 27, 2024. This event was a transfer of 280 contract(s) at a $225.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $47.6K, with a price of $170.0 per contract. There were 2349 open contracts at this strike prior to today, and today 6435 contract(s) were bought and sold.

• For MSTR MSTR, we notice a put option sweep that happens to be bearish, expiring in 11 day(s) on January 3, 2025. This event was a transfer of 345 contract(s) at a $220.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $59.6K, with a price of $173.0 per contract. There were 2567 open contracts at this strike prior to today, and today 6231 contract(s) were bought and sold.

• For TSM TSM, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on December 27, 2024. This event was a transfer of 253 contract(s) at a $207.50 strike. This particular call needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $78.4K, with a price of $310.0 per contract. There were 2724 open contracts at this strike prior to today, and today 5900 contract(s) were bought and sold.

• For AAPL AAPL, we notice a call option sweep that happens to be bearish, expiring in 25 day(s) on January 17, 2025. This event was a transfer of 6 contract(s) at a $175.00 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 $48.1K, with a price of $8030.0 per contract. There were 12539 open contracts at this strike prior to today, and today 3920 contract(s) were bought and sold.

• For QCOM QCOM, we notice a call option trade that happens to be bearish, expiring in 25 day(s) on January 17, 2025. This event was a transfer of 300 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $123.0K, with a price of $410.0 per contract. There were 6278 open contracts at this strike prior to today, and today 2616 contract(s) were bought and sold.

• Regarding RGTI RGTI, we observe a put option trade with bearish sentiment. It expires in 4 day(s) on December 27, 2024. Parties traded 200 contract(s) at a $11.50 strike. The total cost received by the writing party (or parties) was $31.4K, with a price of $157.0 per contract. There were 498 open contracts at this strike prior to today, and today 1971 contract(s) were bought and sold.

• Regarding PCOR PCOR, we observe a put option trade with bearish sentiment. It expires in 60 day(s) on February 21, 2025. Parties traded 94 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $44.1K, with a price of $470.0 per contract. There were 4 open contracts at this strike prior to today, and today 1700 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.