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 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.

• For AAPL AAPL, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on October 20, 2023. This event was a transfer of 500 contract(s) at a $177.50 strike. This particular call needed to be split into 32 different trades to become filled. The total cost received by the writing party (or parties) was $86.0K, with a price of $172.0 per contract. There were 21844 open contracts at this strike prior to today, and today 71193 contract(s) were bought and sold.

• For NVDA NVDA, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on October 20, 2023. This event was a transfer of 50 contract(s) at a $440.00 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 $35.0K, with a price of $700.0 per contract. There were 9497 open contracts at this strike prior to today, and today 56772 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a put option sweep with bearish sentiment. It expires in 3 day(s) on October 20, 2023. Parties traded 510 contract(s) at a $103.00 strike. This particular put needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $49.0K, with a price of $96.0 per contract. There were 6305 open contracts at this strike prior to today, and today 19335 contract(s) were bought and sold.

• For MSFT MSFT, we notice a call option trade that happens to be bearish, expiring in 59 day(s) on December 15, 2023. This event was a transfer of 1000 contract(s) at a $355.00 strike. The total cost received by the writing party (or parties) was $525.0K, with a price of $525.0 per contract. There were 8411 open contracts at this strike prior to today, and today 4345 contract(s) were bought and sold.

• For VMW VMW, we notice a put option trade that happens to be bearish, expiring in 94 day(s) on January 19, 2024. This event was a transfer of 20 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $29.0K, with a price of $1450.0 per contract. There were 4140 open contracts at this strike prior to today, and today 2698 contract(s) were bought and sold.

• Regarding SNOW SNOW, we observe a put option sweep with bearish sentiment. It expires in 3 day(s) on October 20, 2023. Parties traded 100 contract(s) at a $162.50 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $35.9K, with a price of $357.0 per contract. There were 1151 open contracts at this strike prior to today, and today 1647 contract(s) were bought and sold.

• For CRM CRM, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on October 20, 2023. This event was a transfer of 450 contract(s) at a $215.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $34.6K, with a price of $77.0 per contract. There were 2048 open contracts at this strike prior to today, and today 1354 contract(s) were bought and sold.

• For MU MU, we notice a put option trade that happens to be bearish, expiring in 185 day(s) on April 19, 2024. This event was a transfer of 900 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $261.9K, with a price of $291.0 per contract. There were 1288 open contracts at this strike prior to today, and today 1040 contract(s) were bought and sold.

• For AVGO AVGO, we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on October 20, 2023. This event was a transfer of 30 contract(s) at a $880.00 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 $29.3K, with a price of $980.0 per contract. There were 695 open contracts at this strike prior to today, and today 554 contract(s) were bought and sold.

• For AMAT AMAT, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on October 20, 2023. This event was a transfer of 206 contract(s) at a $144.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $35.2K, with a price of $172.0 per contract. There were 526 open contracts at this strike prior to today, and today 499 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.