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.

• Regarding AMD AMD, we observe a call option trade with bullish sentiment. It expires in 3 day(s) on May 26, 2023. Parties traded 200 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $28.4K, with a price of $142.0 per contract. There were 13411 open contracts at this strike prior to today, and today 54730 contract(s) were bought and sold.

• For AAPL AAPL, we notice a put option sweep that happens to be bullish, expiring in 3 day(s) on May 26, 2023. This event was a transfer of 200 contract(s) at a $172.50 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 $30.6K, with a price of $153.0 per contract. There were 20108 open contracts at this strike prior to today, and today 24747 contract(s) were bought and sold.

• For NVDA NVDA, we notice a call option sweep that happens to be bearish, expiring in 10 day(s) on June 2, 2023. This event was a transfer of 116 contract(s) at a $310.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $138.0K, with a price of $1190.0 per contract. There were 1765 open contracts at this strike prior to today, and today 4641 contract(s) were bought and sold.

• For MU MU, we notice a put option sweep that happens to be bearish, expiring in 10 day(s) on June 2, 2023. This event was a transfer of 339 contract(s) at a $66.00 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 $47.1K, with a price of $139.0 per contract. There were 950 open contracts at this strike prior to today, and today 1464 contract(s) were bought and sold.

• Regarding PLTR PLTR, we observe a put option sweep with bearish sentiment. It expires in 24 day(s) on June 16, 2023. Parties traded 339 contract(s) at a $12.50 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $27.8K, with a price of $82.0 per contract. There were 122 open contracts at this strike prior to today, and today 1131 contract(s) were bought and sold.

• For DOCU DOCU, we notice a put option sweep that happens to be bullish, expiring in 24 day(s) on June 16, 2023. This event was a transfer of 56 contract(s) at a $60.00 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 $39.7K, with a price of $710.0 per contract. There were 3728 open contracts at this strike prior to today, and today 356 contract(s) were bought and sold.

• For CRM CRM, we notice a call option sweep that happens to be bullish, expiring in 17 day(s) on June 9, 2023. This event was a transfer of 43 contract(s) at a $212.50 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 $25.1K, with a price of $585.0 per contract. There were 5 open contracts at this strike prior to today, and today 317 contract(s) were bought and sold.

• For ZM ZM, we notice a put option trade that happens to be bullish, expiring in 87 day(s) on August 18, 2023. This event was a transfer of 107 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $74.3K, with a price of $695.0 per contract. There were 2496 open contracts at this strike prior to today, and today 283 contract(s) were bought and sold.

• For TSM TSM, we notice a put option trade that happens to be bullish, expiring in 241 day(s) on January 19, 2024. This event was a transfer of 40 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $30.1K, with a price of $754.0 per contract. There were 4247 open contracts at this strike prior to today, and today 247 contract(s) were bought and sold.

• Regarding CRWD CRWD, we observe a call option trade with bearish sentiment. It expires in 3 day(s) on May 26, 2023. Parties traded 64 contract(s) at a $141.00 strike. The total cost received by the writing party (or parties) was $38.4K, with a price of $600.0 per contract. There were 282 open contracts at this strike prior to today, and today 193 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.