10 Information Technology Stocks Whale Activity In Today's Session - Analog Devices (NASDAQ:ADI), Applied Materials (NASDAQ:AMAT), Advanced Micro Devices (NASDAQ:AMD), Cisco Systems (NASDAQ:CSCO)

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:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Strike Price	Total Trade Price	Open Interest	Volume
NVDA	PUT	TRADE	NEUTRAL	10/06/23	$445.00	$29.2K	1.9K	30.0K
CSCO	CALL	SWEEP	BEARISH	10/20/23	$55.00	$71.9K	37.8K	7.7K
INTC	CALL	SWEEP	BEARISH	10/20/23	$35.00	$32.0K	23.2K	7.1K
AMD	CALL	SWEEP	BULLISH	10/20/23	$103.00	$195.0K	2.1K	1.8K
ZM	PUT	TRADE	BEARISH	05/17/24	$75.00	$1.4 million	45	1.2K
QCOM	PUT	SWEEP	BULLISH	10/20/23	$111.00	$94.8K	566	1.1K
MARA	CALL	SWEEP	BEARISH	01/17/25	$5.00	$114.9K	2.1K	282
AMAT	PUT	SWEEP	BEARISH	10/20/23	$139.00	$86.6K	572	230
YOU	CALL	SWEEP	BEARISH	11/17/23	$17.30	$36.5K	8	209
ADI	CALL	SWEEP	BEARISH	11/17/23	$175.00	$34.5K	175	207

Explanation

These itemized elaborations have been created using the accompanying table.

• For NVDA (NASDAQ:NVDA), we notice a put option trade that happens to be neutral, expiring in 4 day(s) on October 6, 2023. This event was a transfer of 50 contract(s) at a $445.00 strike. The total cost received by the writing party (or parties) was $29.2K, with a price of $585.0 per contract. There were 1964 open contracts at this strike prior to today, and today 30068 contract(s) were bought and sold.

• Regarding CSCO (NASDAQ:CSCO), we observe a call option sweep with bearish sentiment. It expires in 18 day(s) on October 20, 2023. Parties traded 2179 contract(s) at a $55.00 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 $71.9K, with a price of $33.0 per contract. There were 37836 open contracts at this strike prior to today, and today 7773 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.

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.

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.

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

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Strike Price	Total Trade Price	Open Interest	Volume
NVDA	PUT	TRADE	NEUTRAL	10/06/23	$445.00	$29.2K	1.9K	30.0K
CSCO	CALL	SWEEP	BEARISH	10/20/23	$55.00	$71.9K	37.8K	7.7K
INTC	CALL	SWEEP	BEARISH	10/20/23	$35.00	$32.0K	23.2K	7.1K
AMD	CALL	SWEEP	BULLISH	10/20/23	$103.00	$195.0K	2.1K	1.8K
ZM	PUT	TRADE	BEARISH	05/17/24	$75.00	$1.4 million	45	1.2K
QCOM	PUT	SWEEP	BULLISH	10/20/23	$111.00	$94.8K	566	1.1K
MARA	CALL	SWEEP	BEARISH	01/17/25	$5.00	$114.9K	2.1K	282
AMAT	PUT	SWEEP	BEARISH	10/20/23	$139.00	$86.6K	572	230
YOU	CALL	SWEEP	BEARISH	11/17/23	$17.30	$36.5K	8	209
ADI	CALL	SWEEP	BEARISH	11/17/23	$175.00	$34.5K	175	207

Explanation

These itemized elaborations have been created using the accompanying table.

• For INTC (NASDAQ:INTC), we notice a call option sweep that happens to be bearish, expiring in 18 day(s) on October 20, 2023. This event was a transfer of 250 contract(s) at a $35.00 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 $32.0K, with a price of $128.0 per contract. There were 23284 open contracts at this strike prior to today, and today 7197 contract(s) were bought and sold.

• Regarding AMD (NASDAQ:AMD), we observe a call option sweep with bullish sentiment. It expires in 18 day(s) on October 20, 2023. Parties traded 500 contract(s) at a $103.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $195.0K, with a price of $390.0 per contract. There were 2190 open contracts at this strike prior to today, and today 1801 contract(s) were bought and sold.

• For ZM (NASDAQ:ZM), we notice a put option trade that happens to be bearish, expiring in 228 day(s) on May 17, 2024. This event was a transfer of 1250 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $1.4 million, with a price of $1125.0 per contract. There were 45 open contracts at this strike prior to today, and today 1250 contract(s) were bought and sold.

• For QCOM (NASDAQ:QCOM), we notice a put option sweep that happens to be bullish, expiring in 18 day(s) on October 20, 2023. This event was a transfer of 316 contract(s) at a $111.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $94.8K, with a price of $300.0 per contract. There were 566 open contracts at this strike prior to today, and today 1160 contract(s) were bought and sold.

• Regarding MARA (NASDAQ:MARA), we observe a call option sweep with bearish sentiment. It expires in 473 day(s) on January 17, 2025. Parties traded 225 contract(s) at a $5.00 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 $114.9K, with a price of $517.0 per contract. There were 2184 open contracts at this strike prior to today, and today 282 contract(s) were bought and sold.

• For AMAT (NASDAQ:AMAT), we notice a put option sweep that happens to be bearish, expiring in 18 day(s) on October 20, 2023. This event was a transfer of 214 contract(s) at a $139.00 strike. This particular put needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $86.6K, with a price of $405.0 per contract. There were 572 open contracts at this strike prior to today, and today 230 contract(s) were bought and sold.

• For YOU (NYSE:YOU), we notice a call option sweep that happens to be bearish, expiring in 46 day(s) on November 17, 2023. This event was a transfer of 209 contract(s) at a $17.30 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $36.5K, with a price of $175.0 per contract. There were 8 open contracts at this strike prior to today, and today 209 contract(s) were bought and sold.

• For ADI (NASDAQ:ADI), we notice a call option sweep that happens to be bearish, expiring in 46 day(s) on November 17, 2023. This event was a transfer of 48 contract(s) at a $175.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $34.5K, with a price of $720.0 per contract. There were 175 open contracts at this strike prior to today, and today 207 contract(s) were bought and sold.