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.

Below are some instances of options activity happening in the Information Technology sector:

Explanation

These itemized elaborations have been created using the accompanying table.

• For NVDA NVDA, we notice a put option sweep that happens to be bullish, is expiring today. Parties traded 252 contract(s) at a $450.00 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 $31.2K, with a price of $125.0 per contract. There were 12256 open contracts at this strike prior to today, and today 100862 contract(s) were bought and sold.

• For AAPL AAPL, we notice a put option sweep that happens to be bullish, is expiring today. Parties traded 457 contract(s) at a $177.50 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 $28.7K, with a price of $63.0 per contract. There were 15557 open contracts at this strike prior to today, and today 42674 contract(s) were bought and sold.

• For FSLR FSLR, we notice a call option sweep that happens to be bearish, expiring in 112 day(s) on December 15, 2023. This event was a transfer of 1000 contract(s) at a $340.00 strike. This particular call needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $31.0K, with a price of $31.0 per contract. There were 29140 open contracts at this strike prior to today, and today 5011 contract(s) were bought and sold.

• Regarding INTC INTC, we observe a call option sweep with bullish sentiment. It expires in 56 day(s) on October 20, 2023. Parties traded 2500 contract(s) at a $35.00 strike. This particular call needed to be split into 45 different trades to become filled. The total cost received by the writing party (or parties) was $267.5K, with a price of $107.0 per contract. There were 19624 open contracts at this strike prior to today, and today 3042 contract(s) were bought and sold.

• Regarding ORCL ORCL, we observe a put option trade with bullish sentiment. It expires in 21 day(s) on September 15, 2023. Parties traded 1491 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $313.1K, with a price of $210.0 per contract. There were 9607 open contracts at this strike prior to today, and today 1697 contract(s) were bought and sold.

• Regarding SNOW SNOW, we observe a call option sweep with bearish sentiment. It expires in 21 day(s) on September 15, 2023. Parties traded 100 contract(s) at a $160.00 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 $26.5K, with a price of $266.0 per contract. There were 2590 open contracts at this strike prior to today, and today 1639 contract(s) were bought and sold.

• For PLTR PLTR, we notice a call option trade that happens to be bullish, expiring in 84 day(s) on November 17, 2023. This event was a transfer of 200 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $32.4K, with a price of $162.0 per contract. There were 14290 open contracts at this strike prior to today, and today 1256 contract(s) were bought and sold.

• For AMD AMD, we notice a put option sweep that happens to be bullish, expiring in 301 day(s) on June 21, 2024. This event was a transfer of 250 contract(s) at a $105.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $407.5K, with a price of $1630.0 per contract. There were 5031 open contracts at this strike prior to today, and today 603 contract(s) were bought and sold.

• Regarding DOCN DOCN, we observe a put option trade with bearish sentiment. It expires in 147 day(s) on January 19, 2024. Parties traded 308 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $79.7K, with a price of $259.0 per contract. There were 522 open contracts at this strike prior to today, and today 566 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a put option sweep with bullish sentiment. It expires in 203 day(s) on March 15, 2024. Parties traded 30 contract(s) at a $290.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $34.3K, with a price of $1145.0 per contract. There were 959 open contracts at this strike prior to today, and today 382 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.