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.

Here's the list of options activity happening in today's session:

Explanation

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

• For PLTR PLTR, we notice a put option sweep that happens to be bullish, expiring in 3 day(s) on February 24, 2023. This event was a transfer of 1500 contract(s) at a $9.00 strike. This particular put needed to be split into 51 different trades to become filled. The total cost received by the writing party (or parties) was $90.1K, with a price of $60.0 per contract. There were 7074 open contracts at this strike prior to today, and today 6948 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a put option trade with neutral sentiment. It expires in 3 day(s) on February 24, 2023. Parties traded 100 contract(s) at a $252.50 strike. The total cost received by the writing party (or parties) was $32.5K, with a price of $325.0 per contract. There were 1546 open contracts at this strike prior to today, and today 4325 contract(s) were bought and sold.

• Regarding GFS GFS, we observe a call option sweep with neutral sentiment. It expires in 24 day(s) on March 17, 2023. Parties traded 321 contract(s) at a $70.00 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 $25.7K, with a price of $80.0 per contract. There were 278 open contracts at this strike prior to today, and today 1417 contract(s) were bought and sold.

• For MARA MARA, we notice a call option trade that happens to be bullish, expiring in 332 day(s) on January 19, 2024. This event was a transfer of 200 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $49.8K, with a price of $249.0 per contract. There were 15598 open contracts at this strike prior to today, and today 1135 contract(s) were bought and sold.

• For INTC INTC, we notice a call option trade that happens to be bullish, expiring in 696 day(s) on January 17, 2025. This event was a transfer of 118 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $70.3K, with a price of $596.0 per contract. There were 2835 open contracts at this strike prior to today, and today 707 contract(s) were bought and sold.

• For ADBE ADBE, we notice a put option trade that happens to be bearish, expiring in 3 day(s) on February 24, 2023. This event was a transfer of 500 contract(s) at a $345.00 strike. The total cost received by the writing party (or parties) was $200.0K, with a price of $400.0 per contract. There were 809 open contracts at this strike prior to today, and today 661 contract(s) were bought and sold.

• Regarding CRWD CRWD, we observe a put option trade with bearish sentiment. It expires in 10 day(s) on March 3, 2023. Parties traded 200 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $150.0 per contract. There were 418 open contracts at this strike prior to today, and today 615 contract(s) were bought and sold.

• Regarding TSM TSM, we observe a call option sweep with bearish sentiment. It expires in 59 day(s) on April 21, 2023. Parties traded 61 contract(s) at a $85.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $43.0K, with a price of $705.0 per contract. There were 5637 open contracts at this strike prior to today, and today 582 contract(s) were bought and sold.

• For FLEX FLEX, we notice a call option sweep that happens to be bullish, expiring in 332 day(s) on January 19, 2024. This event was a transfer of 500 contract(s) at a $30.00 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 $65.0K, with a price of $130.0 per contract. There were 1897 open contracts at this strike prior to today, and today 529 contract(s) were bought and sold.

• For NICE NICE, we notice a put option trade that happens to be bullish, expiring in 87 day(s) on May 19, 2023. This event was a transfer of 50 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $58.2K, with a price of $1165.0 per contract. There were 292 open contracts at this strike prior to today, and today 456 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.