10 Information Technology Stocks Whale Activity In Today's Session

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 TRADE BULLISH 01/20/23 $70.00 $77.0K 76.7K 37.5K
PSTG PUT SWEEP BEARISH 12/16/22 $28.00 $116.0K 1.1K 2.3K
MU PUT SWEEP BEARISH 01/20/23 $52.50 $45.4K 12.1K 2.1K
MSFT CALL TRADE BEARISH 12/16/22 $260.00 $55.0K 11.1K 1.7K
PYPL CALL TRADE NEUTRAL 01/20/23 $85.00 $28.0K 3.6K 1.3K
DOCU PUT TRADE BEARISH 01/20/23 $35.00 $212.5K 1.9K 1.2K
NVDA CALL TRADE BEARISH 01/20/23 $180.00 $56.2K 14.7K 1.0K
ERIC CALL TRADE BEARISH 12/16/22 $6.00 $35.0K 8.2K 914
SNOW CALL SWEEP BEARISH 01/20/23 $200.00 $45.2K 3.6K 856
AFRM CALL SWEEP BULLISH 01/19/24 $47.50 $59.4K 591 601

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding AMD AMD, we observe a put option trade with bullish sentiment. It expires in 53 day(s) on January 20, 2023. Parties traded 200 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $77.0K, with a price of $385.0 per contract. There were 76709 open contracts at this strike prior to today, and today 37512 contract(s) were bought and sold.

• Regarding PSTG PSTG, we observe a put option sweep with bearish sentiment. It expires in 18 day(s) on December 16, 2022. Parties traded 1160 contract(s) at a $28.00 strike. This particular put needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $116.0K, with a price of $100.0 per contract. There were 1129 open contracts at this strike prior to today, and today 2386 contract(s) were bought and sold.

• For MU MU, we notice a put option sweep that happens to be bearish, expiring in 53 day(s) on January 20, 2023. This event was a transfer of 200 contract(s) at a $52.50 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $45.4K, with a price of $227.0 per contract. There were 12183 open contracts at this strike prior to today, and today 2137 contract(s) were bought and sold.

• For MSFT MSFT, we notice a call option trade that happens to be bearish, expiring in 18 day(s) on December 16, 2022. This event was a transfer of 500 contract(s) at a $260.00 strike. The total cost received by the writing party (or parties) was $55.0K, with a price of $110.0 per contract. There were 11144 open contracts at this strike prior to today, and today 1765 contract(s) were bought and sold.

• Regarding PYPL PYPL, we observe a call option trade with neutral sentiment. It expires in 53 day(s) on January 20, 2023. Parties traded 70 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $400.0 per contract. There were 3631 open contracts at this strike prior to today, and today 1310 contract(s) were bought and sold.

• For DOCU DOCU, we notice a put option trade that happens to be bearish, expiring in 53 day(s) on January 20, 2023. This event was a transfer of 1250 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $212.5K, with a price of $170.0 per contract. There were 1937 open contracts at this strike prior to today, and today 1271 contract(s) were bought and sold.

• Regarding NVDA NVDA, we observe a call option trade with bearish sentiment. It expires in 53 day(s) on January 20, 2023. Parties traded 100 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $56.2K, with a price of $562.0 per contract. There were 14703 open contracts at this strike prior to today, and today 1047 contract(s) were bought and sold.

• For ERIC ERIC, we notice a call option trade that happens to be bearish, expiring in 18 day(s) on December 16, 2022. This event was a transfer of 876 contract(s) at a $6.00 strike. The total cost received by the writing party (or parties) was $35.0K, with a price of $40.0 per contract. There were 8204 open contracts at this strike prior to today, and today 914 contract(s) were bought and sold.

• Regarding SNOW SNOW, we observe a call option sweep with bearish sentiment. It expires in 53 day(s) on January 20, 2023. Parties traded 226 contract(s) at a $200.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $45.2K, with a price of $200.0 per contract. There were 3657 open contracts at this strike prior to today, and today 856 contract(s) were bought and sold.

• Regarding AFRM AFRM, we observe a call option sweep with bullish sentiment. It expires in 417 day(s) on January 19, 2024. Parties traded 600 contract(s) at a $47.50 strike. This particular call needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $59.4K, with a price of $99.0 per contract. There were 591 open contracts at this strike prior to today, and today 601 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.

Posted In: BZI-AUOAOptions