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 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:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
AMD PUT SWEEP BULLISH 08/19/22 $75.00 $30.5K 4.4K 41.4K
AAPL PUT SWEEP BULLISH 05/27/22 $139.00 $40.4K 7.4K 26.9K
NVDA PUT SWEEP BEARISH 05/27/22 $145.00 $51.6K 6.0K 4.9K
MU PUT TRADE BULLISH 06/17/22 $65.00 $423.4K 24.1K 2.4K
ZM PUT SWEEP NEUTRAL 09/16/22 $90.00 $57.2K 1.5K 2.0K
SNOW PUT SWEEP BEARISH 05/27/22 $130.00 $105.0K 2.5K 1.8K
CRM PUT TRADE BEARISH 01/20/23 $150.00 $440.0K 2.9K 1.4K
AMAT PUT TRADE BULLISH 06/17/22 $100.00 $270.0K 4.2K 972
WDC CALL SWEEP BULLISH 06/17/22 $60.00 $33.4K 7.9K 758
QCOM CALL TRADE BULLISH 06/17/22 $120.00 $56.0K 769 755

Explanation

These itemized elaborations have been created using the accompanying table.

• For AMD AMD, we notice a put option sweep that happens to be bullish, expiring in 86 day(s) on August 19, 2022. This event was a transfer of 65 contract(s) at a $75.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $30.5K, with a price of $470.0 per contract. There were 4466 open contracts at this strike prior to today, and today 41444 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on May 27, 2022. Parties traded 200 contract(s) at a $139.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $40.4K, with a price of $202.0 per contract. There were 7459 open contracts at this strike prior to today, and today 26936 contract(s) were bought and sold.

• Regarding NVDA NVDA, we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on May 27, 2022. Parties traded 266 contract(s) at a $145.00 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 $51.6K, with a price of $194.0 per contract. There were 6061 open contracts at this strike prior to today, and today 4910 contract(s) were bought and sold.

• Regarding MU MU, we observe a put option trade with bullish sentiment. It expires in 23 day(s) on June 17, 2022. Parties traded 1580 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $423.4K, with a price of $268.0 per contract. There were 24119 open contracts at this strike prior to today, and today 2410 contract(s) were bought and sold.

• For ZM ZM, we notice a put option sweep that happens to be neutral, expiring in 114 day(s) on September 16, 2022. This event was a transfer of 48 contract(s) at a $90.00 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 $57.2K, with a price of $1193.0 per contract. There were 1512 open contracts at this strike prior to today, and today 2028 contract(s) were bought and sold.

• Regarding SNOW SNOW, we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on May 27, 2022. Parties traded 100 contract(s) at a $130.00 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 $105.0K, with a price of $1050.0 per contract. There were 2518 open contracts at this strike prior to today, and today 1827 contract(s) were bought and sold.

• For CRM CRM, we notice a put option trade that happens to be bearish, expiring in 240 day(s) on January 20, 2023. This event was a transfer of 250 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $440.0K, with a price of $1760.0 per contract. There were 2936 open contracts at this strike prior to today, and today 1401 contract(s) were bought and sold.

• Regarding AMAT AMAT, we observe a put option trade with bullish sentiment. It expires in 23 day(s) on June 17, 2022. Parties traded 900 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $270.0K, with a price of $300.0 per contract. There were 4277 open contracts at this strike prior to today, and today 972 contract(s) were bought and sold.

• Regarding WDC WDC, we observe a call option sweep with bullish sentiment. It expires in 23 day(s) on June 17, 2022. Parties traded 167 contract(s) at a $60.00 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 $33.4K, with a price of $200.0 per contract. There were 7969 open contracts at this strike prior to today, and today 758 contract(s) were bought and sold.

• For QCOM QCOM, we notice a call option trade that happens to be bullish, expiring in 23 day(s) on June 17, 2022. This event was a transfer of 50 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $56.0K, with a price of $1120.0 per contract. There were 769 open contracts at this strike prior to today, and today 755 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.

Posted In: BZI-AUOAOptions