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.

• For NVDA NVDA, we notice a call option trade that happens to be neutral, expiring in 3 day(s) on May 3, 2024. This event was a transfer of 50 contract(s) at a $900.00 strike. The total cost received by the writing party (or parties) was $39.7K, with a price of $795.0 per contract. There were 21052 open contracts at this strike prior to today, and today 36535 contract(s) were bought and sold.

• For AMD AMD, we notice a call option trade that happens to be bullish, expiring in 3 day(s) on May 3, 2024. This event was a transfer of 100 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $33.0K, with a price of $330.0 per contract. There were 17703 open contracts at this strike prior to today, and today 26011 contract(s) were bought and sold.

• For KD KD, we notice a put option sweep that happens to be bearish, expiring in 17 day(s) on May 17, 2024. This event was a transfer of 1229 contract(s) at a $18.00 strike. This particular put needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $55.3K, with a price of $45.0 per contract. There were 2649 open contracts at this strike prior to today, and today 2004 contract(s) were bought and sold.

• Regarding DELL DELL, we observe a put option sweep with bullish sentiment. It expires in 52 day(s) on June 21, 2024. Parties traded 29 contract(s) at a $135.00 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 $47.5K, with a price of $1640.0 per contract. There were 124 open contracts at this strike prior to today, and today 940 contract(s) were bought and sold.

• For SNPS SNPS, we notice a put option sweep that happens to be bullish, expiring in 52 day(s) on June 21, 2024. This event was a transfer of 166 contract(s) at a $470.00 strike. This particular put needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $109.6K, with a price of $660.0 per contract. There were 508 open contracts at this strike prior to today, and today 866 contract(s) were bought and sold.

• For SMCI SMCI, we notice a put option trade that happens to be bearish, expiring in 3 day(s) on May 3, 2024. This event was a transfer of 5 contract(s) at a $850.00 strike. The total cost received by the writing party (or parties) was $26.2K, with a price of $5255.0 per contract. There were 799 open contracts at this strike prior to today, and today 640 contract(s) were bought and sold.

• Regarding RIOT RIOT, we observe a call option sweep with bullish sentiment. It expires in 262 day(s) on January 17, 2025. Parties traded 200 contract(s) at a $12.00 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 $60.8K, with a price of $303.0 per contract. There were 9253 open contracts at this strike prior to today, and today 623 contract(s) were bought and sold.

• Regarding INTC INTC, we observe a call option sweep with bullish sentiment. It expires in 262 day(s) on January 17, 2025. Parties traded 200 contract(s) at a $25.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $153.0K, with a price of $765.0 per contract. There were 6862 open contracts at this strike prior to today, and today 502 contract(s) were bought and sold.

• Regarding NTNX NTNX, we observe a put option sweep with bearish sentiment. It expires in 17 day(s) on May 17, 2024. Parties traded 417 contract(s) at a $60.00 strike. This particular put needed to be split into 40 different trades to become filled. The total cost received by the writing party (or parties) was $64.6K, with a price of $155.0 per contract. There were 252 open contracts at this strike prior to today, and today 421 contract(s) were bought and sold.

• Regarding MSTR MSTR, we observe a put option trade with bearish sentiment. It expires in 10 day(s) on May 10, 2024. Parties traded 38 contract(s) at a $1000.00 strike. The total cost received by the writing party (or parties) was $167.2K, with a price of $4400.0 per contract. There were 67 open contracts at this strike prior to today, and today 413 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.