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

• Regarding NVDA (NASDAQ:NVDA), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on June 2, 2023. Parties traded 50 contract(s) at a $395.00 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 $30.0K, with a price of $600.0 per contract. There were 4955 open contracts at this strike prior to today, and today 32410 contract(s) were bought and sold.

• Regarding SNOW (NYSE:SNOW), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on June 2, 2023. Parties traded 166 contract(s) at a $170.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $25.7K, with a price of $155.0 per contract. There were 3174 open contracts at this strike prior to today, and today 9091 contract(s) were bought and sold.

• For MU (NASDAQ:MU), we notice a call option trade that happens to be bullish, expiring in 78 day(s) on August 18, 2023. This event was a transfer of 8260 contract(s) at a $72.50 strike. The total cost received by the writing party (or parties) was $3.4 million, with a price of $415.0 per contract. There were 184 open contracts at this strike prior to today, and today 8264 contract(s) were bought and sold.

• For AAPL (NASDAQ:AAPL), we notice a put option sweep that happens to be bearish, expiring in 15 day(s) on June 16, 2023. This event was a transfer of 4943 contract(s) at a $150.00 strike. This particular put needed to be split into 56 different trades to become filled. The total cost received by the writing party (or parties) was $54.8K, with a price of $11.0 per contract. There were 83034 open contracts at this strike prior to today, and today 7156 contract(s) were bought and sold.

• Regarding CRWD (NASDAQ:CRWD), we observe a call option trade with bullish sentiment. It expires in 1 day(s) on June 2, 2023. Parties traded 40 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $26.8K, with a price of $670.0 per contract. There were 1134 open contracts at this strike prior to today, and today 3865 contract(s) were bought and sold.

• For MARA (NASDAQ:MARA), we notice a call option sweep that happens to be bearish, expiring in 15 day(s) on June 16, 2023. This event was a transfer of 300 contract(s) at a $10.00 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 $27.6K, with a price of $92.0 per contract. There were 39941 open contracts at this strike prior to today, and today 2529 contract(s) were bought and sold.

• Regarding PLTR (NYSE:PLTR), we observe a call option sweep with bearish sentiment. It expires in 78 day(s) on August 18, 2023. Parties traded 400 contract(s) at a $20.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $33.2K, with a price of $83.0 per contract. There were 12003 open contracts at this strike prior to today, and today 2062 contract(s) were bought and sold.

• Regarding INTC (NASDAQ:INTC), we observe a call option sweep with bearish sentiment. It expires in 78 day(s) on August 18, 2023. Parties traded 134 contract(s) at a $32.00 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 $26.9K, with a price of $201.0 per contract. There were 2424 open contracts at this strike prior to today, and today 905 contract(s) were bought and sold.

• For ANET (NYSE:ANET), we notice a put option sweep that happens to be neutral, expiring in 106 day(s) on September 15, 2023. This event was a transfer of 100 contract(s) at a $160.00 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 $104.0K, with a price of $1040.0 per contract. There were 1546 open contracts at this strike prior to today, and today 904 contract(s) were bought and sold.

• Regarding TEAM (NASDAQ:TEAM), we observe a put option sweep with bullish sentiment. It expires in 197 day(s) on December 15, 2023. Parties traded 88 contract(s) at a $105.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $36.0K, with a price of $410.0 per contract. There were 35 open contracts at this strike prior to today, and today 589 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.