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.

• For NVDA (NASDAQ:NVDA), we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 449 contract(s) at a $405.00 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 $105.5K, with a price of $235.0 per contract. There were 8984 open contracts at this strike prior to today, and today 94065 contract(s) were bought and sold.

• Regarding AAPL (NASDAQ:AAPL), we observe a put option sweep with bearish sentiment. It expires in 7 day(s) on November 3, 2023. Parties traded 300 contract(s) at a $165.00 strike. This particular put needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $86.7K, with a price of $289.0 per contract. There were 14317 open contracts at this strike prior to today, and today 10830 contract(s) were bought and sold.

• Regarding INTC (NASDAQ:INTC), we observe a call option sweep with bullish sentiment. It expires in 21 day(s) on November 17, 2023. Parties traded 400 contract(s) at a $36.00 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 $42.4K, with a price of $106.0 per contract. There were 15649 open contracts at this strike prior to today, and today 5885 contract(s) were bought and sold.

• Regarding MSFT (NASDAQ:MSFT), we observe a put option trade with bullish sentiment. It expires in 49 day(s) on December 15, 2023. Parties traded 24 contract(s) at a $335.00 strike. The total cost received by the writing party (or parties) was $32.7K, with a price of $1365.0 per contract. There were 3091 open contracts at this strike prior to today, and today 2979 contract(s) were bought and sold.

• For ARM (NASDAQ:ARM), we notice a call option sweep that happens to be bullish, expiring in 35 day(s) on December 1, 2023. This event was a transfer of 160 contract(s) at a $51.50 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $40.7K, with a price of $255.0 per contract. There were 6 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.

• For AMD (NASDAQ:AMD), we notice a call option sweep that happens to be bullish, expiring in 21 day(s) on November 17, 2023. This event was a transfer of 718 contract(s) at a $120.00 strike. This particular call needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $25.1K, with a price of $35.0 per contract. There were 68737 open contracts at this strike prior to today, and today 864 contract(s) were bought and sold.

• For SMCI (NASDAQ:SMCI), we notice a put option sweep that happens to be bullish, is expiring today. Parties traded 100 contract(s) at a $245.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $32.0K, with a price of $323.0 per contract. There were 314 open contracts at this strike prior to today, and today 540 contract(s) were bought and sold.

• For IONQ (NYSE:IONQ), we notice a put option sweep that happens to be bullish, expiring in 84 day(s) on January 19, 2024. This event was a transfer of 400 contract(s) at a $15.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $216.0K, with a price of $540.0 per contract. There were 2269 open contracts at this strike prior to today, and today 402 contract(s) were bought and sold.

• For ORCL (NYSE:ORCL), we notice a put option trade that happens to be neutral, expiring in 84 day(s) on January 19, 2024. This event was a transfer of 24 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $26.1K, with a price of $1090.0 per contract. There were 7166 open contracts at this strike prior to today, and today 317 contract(s) were bought and sold.

• For CRWD (NASDAQ:CRWD), we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 108 contract(s) at a $175.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $32.1K, with a price of $298.0 per contract. There were 965 open contracts at this strike prior to today, and today 273 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.