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:

Explanation

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

• Regarding NVDA NVDA, we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on March 17, 2023. Parties traded 100 contract(s) at a $235.00 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 $32.4K, with a price of $324.0 per contract. There were 9396 open contracts at this strike prior to today, and today 22392 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on March 17, 2023. Parties traded 500 contract(s) at a $270.00 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 $52.0K, with a price of $104.0 per contract. There were 18992 open contracts at this strike prior to today, and today 17986 contract(s) were bought and sold.

• For AAPL AAPL, we notice a call option trade that happens to be bullish, expiring in 37 day(s) on April 21, 2023. This event was a transfer of 122 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $53.6K, with a price of $440.0 per contract. There were 50153 open contracts at this strike prior to today, and today 4040 contract(s) were bought and sold.

• Regarding WU WU, we observe a put option sweep with bearish sentiment. It expires in 156 day(s) on August 18, 2023. Parties traded 1807 contract(s) at a $10.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $153.5K, with a price of $85.0 per contract. There were 12 open contracts at this strike prior to today, and today 1807 contract(s) were bought and sold.

• For INTC INTC, we notice a put option sweep that happens to be bearish, expiring in 310 day(s) on January 19, 2024. This event was a transfer of 107 contract(s) at a $27.50 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 $34.2K, with a price of $320.0 per contract. There were 23022 open contracts at this strike prior to today, and today 1285 contract(s) were bought and sold.

• Regarding MCHP MCHP, we observe a put option sweep with bearish sentiment. It expires in 37 day(s) on April 21, 2023. Parties traded 500 contract(s) at a $65.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $30.0K, with a price of $60.0 per contract. There were 3255 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.

• For FIS FIS, we notice a put option trade that happens to be bullish, expiring in 310 day(s) on January 19, 2024. This event was a transfer of 43 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $30.9K, with a price of $720.0 per contract. There were 456 open contracts at this strike prior to today, and today 630 contract(s) were bought and sold.

• For MDB MDB, we notice a call option trade that happens to be bearish, expiring in 310 day(s) on January 19, 2024. This event was a transfer of 600 contract(s) at a $260.00 strike. The total cost received by the writing party (or parties) was $2.0 million, with a price of $3415.0 per contract. There were 2889 open contracts at this strike prior to today, and today 601 contract(s) were bought and sold.

• Regarding SMCI SMCI, we observe a call option sweep with bearish sentiment. It expires in 37 day(s) on April 21, 2023. Parties traded 24 contract(s) at a $80.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $28.3K, with a price of $1180.0 per contract. There were 1823 open contracts at this strike prior to today, and today 400 contract(s) were bought and sold.

• Regarding FSLR FSLR, we observe a put option sweep with bullish sentiment. It expires in 9 day(s) on March 24, 2023. Parties traded 54 contract(s) at a $195.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $27.2K, with a price of $505.0 per contract. There were 975 open contracts at this strike prior to today, and today 317 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.