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 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:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
AMD CALL SWEEP BULLISH 12/09/22 $71.00 $29.6K 648 7.2K
AAPL PUT SWEEP BULLISH 12/16/22 $140.00 $37.0K 41.4K 6.8K
NVDA PUT SWEEP BULLISH 12/09/22 $165.00 $28.2K 6.8K 4.7K
ORCL CALL TRADE BEARISH 12/16/22 $85.00 $84.5K 5.7K 2.0K
V PUT TRADE BULLISH 01/20/23 $210.00 $235.5K 4.0K 812
SQ PUT SWEEP BEARISH 01/20/23 $60.00 $27.0K 8.2K 631
NET PUT SWEEP BULLISH 05/19/23 $30.00 $30.1K 674 335
MSFT PUT SWEEP BEARISH 07/21/23 $250.00 $32.8K 532 246
TEAM CALL SWEEP BULLISH 12/16/22 $135.00 $64.0K 438 231
WDAY CALL SWEEP BEARISH 03/17/23 $200.00 $29.8K 291 170

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding AMD AMD, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on December 9, 2022. Parties traded 200 contract(s) at a $71.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $29.6K, with a price of $148.0 per contract. There were 648 open contracts at this strike prior to today, and today 7266 contract(s) were bought and sold.

• Regarding AAPL AAPL, we observe a put option sweep with bullish sentiment. It expires in 10 day(s) on December 16, 2022. Parties traded 200 contract(s) at a $140.00 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 $37.0K, with a price of $185.0 per contract. There were 41452 open contracts at this strike prior to today, and today 6822 contract(s) were bought and sold.

• For NVDA NVDA, we notice a put option sweep that happens to be bullish, expiring in 3 day(s) on December 9, 2022. This event was a transfer of 50 contract(s) at a $165.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $28.2K, with a price of $565.0 per contract. There were 6892 open contracts at this strike prior to today, and today 4786 contract(s) were bought and sold.

• For ORCL ORCL, we notice a call option trade that happens to be bearish, expiring in 10 day(s) on December 16, 2022. This event was a transfer of 995 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $84.5K, with a price of $85.0 per contract. There were 5723 open contracts at this strike prior to today, and today 2053 contract(s) were bought and sold.

• For V V, we notice a put option trade that happens to be bullish, expiring in 45 day(s) on January 20, 2023. This event was a transfer of 300 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $235.5K, with a price of $785.0 per contract. There were 4083 open contracts at this strike prior to today, and today 812 contract(s) were bought and sold.

• Regarding SQ SQ, we observe a put option sweep with bearish sentiment. It expires in 45 day(s) on January 20, 2023. Parties traded 50 contract(s) at a $60.00 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 $27.0K, with a price of $540.0 per contract. There were 8262 open contracts at this strike prior to today, and today 631 contract(s) were bought and sold.

• For NET NET, we notice a put option sweep that happens to be bullish, expiring in 164 day(s) on May 19, 2023. This event was a transfer of 90 contract(s) at a $30.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $30.1K, with a price of $335.0 per contract. There were 674 open contracts at this strike prior to today, and today 335 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a put option sweep with bearish sentiment. It expires in 227 day(s) on July 21, 2023. Parties traded 14 contract(s) at a $250.00 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 $32.8K, with a price of $2345.0 per contract. There were 532 open contracts at this strike prior to today, and today 246 contract(s) were bought and sold.

• For TEAM TEAM, we notice a call option sweep that happens to be bullish, expiring in 10 day(s) on December 16, 2022. This event was a transfer of 200 contract(s) at a $135.00 strike. This particular call needed to be split into 43 different trades to become filled. The total cost received by the writing party (or parties) was $64.0K, with a price of $320.0 per contract. There were 438 open contracts at this strike prior to today, and today 231 contract(s) were bought and sold.

• For WDAY WDAY, we notice a call option sweep that happens to be bearish, expiring in 101 day(s) on March 17, 2023. This event was a transfer of 89 contract(s) at a $200.00 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 $29.8K, with a price of $335.0 per contract. There were 291 open contracts at this strike prior to today, and today 170 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