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 call option sweep with bullish sentiment. It expires in 3 day(s) on March 1, 2024. Parties traded 30 contract(s) at a $800.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $31.4K, with a price of $1045.0 per contract. There were 16386 open contracts at this strike prior to today, and today 36549 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on March 1, 2024. Parties traded 123 contract(s) at a $180.00 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 $29.0K, with a price of $236.0 per contract. There were 13532 open contracts at this strike prior to today, and today 35219 contract(s) were bought and sold.

• For MARA MARA, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on March 1, 2024. This event was a transfer of 173 contract(s) at a $33.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $25.7K, with a price of $149.0 per contract. There were 10846 open contracts at this strike prior to today, and today 11458 contract(s) were bought and sold.

• Regarding PANW PANW, we observe a call option trade with bullish sentiment. It expires in 17 day(s) on March 15, 2024. Parties traded 34 contract(s) at a $310.00 strike. The total cost received by the writing party (or parties) was $44.3K, with a price of $1305.0 per contract. There were 3956 open contracts at this strike prior to today, and today 4011 contract(s) were bought and sold.

• Regarding SOUN SOUN, we observe a put option sweep with neutral sentiment. It expires in 52 day(s) on April 19, 2024. Parties traded 100 contract(s) at a $10.00 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 $46.3K, with a price of $463.0 per contract. There were 0 open contracts at this strike prior to today, and today 3155 contract(s) were bought and sold.

• Regarding MSTR MSTR, we observe a call option trade with bullish sentiment. It expires in 3 day(s) on March 1, 2024. Parties traded 25 contract(s) at a $1000.00 strike. The total cost received by the writing party (or parties) was $32.7K, with a price of $1310.0 per contract. There were 1086 open contracts at this strike prior to today, and today 2065 contract(s) were bought and sold.

• For SMCI SMCI, we notice a call option trade that happens to be bullish, expiring in 3 day(s) on March 1, 2024. This event was a transfer of 10 contract(s) at a $850.00 strike. The total cost received by the writing party (or parties) was $38.0K, with a price of $3800.0 per contract. There were 748 open contracts at this strike prior to today, and today 2063 contract(s) were bought and sold.

• For PLTR PLTR, we notice a call option sweep that happens to be bullish, expiring in 80 day(s) on May 17, 2024. This event was a transfer of 104 contract(s) at a $25.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $27.8K, with a price of $268.0 per contract. There were 54687 open contracts at this strike prior to today, and today 1645 contract(s) were bought and sold.

• Regarding NTNX NTNX, we observe a call option trade with bearish sentiment. It expires in 52 day(s) on April 19, 2024. Parties traded 850 contract(s) at a $57.50 strike. The total cost received by the writing party (or parties) was $494.7K, with a price of $582.0 per contract. There were 813 open contracts at this strike prior to today, and today 891 contract(s) were bought and sold.

• Regarding FTNT FTNT, we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on March 1, 2024. Parties traded 586 contract(s) at a $69.00 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 $37.5K, with a price of $64.0 per contract. There were 85 open contracts at this strike prior to today, and today 828 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.