10 Information Technology Stocks With Whale Alerts 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 NVDA NVDA, we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on July 28, 2023. This event was a transfer of 210 contract(s) at a $480.00 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 $35.1K, with a price of $167.0 per contract. There were 13014 open contracts at this strike prior to today, and today 37970 contract(s) were bought and sold.

• Regarding MU MU, we observe a call option trade with bullish sentiment. It expires in 22 day(s) on August 18, 2023. Parties traded 4158 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $41.5K, with a price of $10.0 per contract. There were 940 open contracts at this strike prior to today, and today 17420 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on August 4, 2023. Parties traded 72 contract(s) at a $115.00 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 $28.4K, with a price of $395.0 per contract. There were 13741 open contracts at this strike prior to today, and today 7880 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a put option trade with neutral sentiment. It expires in 1 day(s) on July 28, 2023. Parties traded 100 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $60.3K, with a price of $603.0 per contract. There were 7561 open contracts at this strike prior to today, and today 7444 contract(s) were bought and sold.

• Regarding SOUN SOUN, we observe a put option sweep with bearish sentiment. It expires in 8 day(s) on August 4, 2023. Parties traded 4788 contract(s) at a $2.00 strike. This particular put needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $71.8K, with a price of $15.0 per contract. There were 88 open contracts at this strike prior to today, and today 5160 contract(s) were bought and sold.

• For AAPL AAPL, we notice a put option trade that happens to be bearish, expiring in 50 day(s) on September 15, 2023. This event was a transfer of 50 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $27.6K, with a price of $553.0 per contract. There were 21406 open contracts at this strike prior to today, and today 2721 contract(s) were bought and sold.

• Regarding IBM IBM, we observe a call option trade with bullish sentiment. It expires in 50 day(s) on September 15, 2023. Parties traded 100 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $42.5K, with a price of $425.0 per contract. There were 5200 open contracts at this strike prior to today, and today 1368 contract(s) were bought and sold.

• For LRCX LRCX, we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on August 4, 2023. This event was a transfer of 102 contract(s) at a $720.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $85.6K, with a price of $840.0 per contract. There were 42 open contracts at this strike prior to today, and today 1299 contract(s) were bought and sold.

• For ARW ARW, we notice a put option trade that happens to be bearish, expiring in 22 day(s) on August 18, 2023. This event was a transfer of 1000 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $550.0K, with a price of $550.0 per contract. There were 1 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.

• Regarding SIMO SIMO, we observe a call option sweep with bullish sentiment. It expires in 50 day(s) on September 15, 2023. Parties traded 250 contract(s) at a $70.00 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 $35.0K, with a price of $140.0 per contract. There were 24145 open contracts at this strike prior to today, and today 966 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.