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
NVDA CALL SWEEP BEARISH 12/09/22 $170.00 $31.8K 13.1K 44.5K
DOCU PUT TRADE BEARISH 06/16/23 $37.50 $40.2K 1.1K 2.5K
GTLB CALL TRADE NEUTRAL 12/16/22 $45.00 $27.0K 2.4K 1.9K
SQ PUT TRADE BULLISH 01/19/24 $55.00 $1.8 million 1.5K 1.5K
AMD CALL SWEEP BULLISH 12/30/22 $71.00 $31.0K 649 546
AVGO PUT TRADE BULLISH 01/20/23 $530.00 $1.2 million 580 526
S CALL SWEEP BULLISH 03/17/23 $15.00 $76.5K 477 504
MAXN CALL TRADE BULLISH 06/16/23 $20.00 $200.0K 3 400
NET CALL SWEEP BULLISH 12/16/22 $49.50 $45.3K 416 351
MSFT CALL TRADE BEARISH 01/19/24 $290.00 $28.5K 2.9K 289

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• For NVDA NVDA, we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on December 9, 2022. This event was a transfer of 263 contract(s) at a $170.00 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 $31.8K, with a price of $121.0 per contract. There were 13189 open contracts at this strike prior to today, and today 44581 contract(s) were bought and sold.

• Regarding DOCU DOCU, we observe a put option trade with bearish sentiment. It expires in 190 day(s) on June 16, 2023. Parties traded 60 contract(s) at a $37.50 strike. The total cost received by the writing party (or parties) was $40.2K, with a price of $670.0 per contract. There were 1114 open contracts at this strike prior to today, and today 2568 contract(s) were bought and sold.

• For GTLB GTLB, we notice a call option trade that happens to be neutral, expiring in 8 day(s) on December 16, 2022. This event was a transfer of 100 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $27.0K, with a price of $270.0 per contract. There were 2453 open contracts at this strike prior to today, and today 1907 contract(s) were bought and sold.

• Regarding SQ SQ, we observe a put option trade with bullish sentiment. It expires in 407 day(s) on January 19, 2024. Parties traded 1500 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $1.8 million, with a price of $1200.0 per contract. There were 1553 open contracts at this strike prior to today, and today 1500 contract(s) were bought and sold.

• For AMD AMD, we notice a call option sweep that happens to be bullish, expiring in 22 day(s) on December 30, 2022. This event was a transfer of 100 contract(s) at a $71.00 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 $31.0K, with a price of $310.0 per contract. There were 649 open contracts at this strike prior to today, and today 546 contract(s) were bought and sold.

• Regarding AVGO AVGO, we observe a put option trade with bullish sentiment. It expires in 43 day(s) on January 20, 2023. Parties traded 500 contract(s) at a $530.00 strike. The total cost received by the writing party (or parties) was $1.2 million, with a price of $2570.0 per contract. There were 580 open contracts at this strike prior to today, and today 526 contract(s) were bought and sold.

• For S S, we notice a call option sweep that happens to be bullish, expiring in 99 day(s) on March 17, 2023. This event was a transfer of 300 contract(s) at a $15.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $76.5K, with a price of $255.0 per contract. There were 477 open contracts at this strike prior to today, and today 504 contract(s) were bought and sold.

• Regarding MAXN MAXN, we observe a call option trade with bullish sentiment. It expires in 190 day(s) on June 16, 2023. Parties traded 400 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $200.0K, with a price of $500.0 per contract. There were 3 open contracts at this strike prior to today, and today 400 contract(s) were bought and sold.

• Regarding NET NET, we observe a call option sweep with bullish sentiment. It expires in 8 day(s) on December 16, 2022. Parties traded 200 contract(s) at a $49.50 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $45.3K, with a price of $226.0 per contract. There were 416 open contracts at this strike prior to today, and today 351 contract(s) were bought and sold.

• For MSFT MSFT, we notice a call option trade that happens to be bearish, expiring in 407 day(s) on January 19, 2024. This event was a transfer of 15 contract(s) at a $290.00 strike. The total cost received by the writing party (or parties) was $28.5K, with a price of $1900.0 per contract. There were 2919 open contracts at this strike prior to today, and today 289 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