10 Information Technology Stocks Whale Activity In Today's Session - Advanced Micro Devices (NASDAQ:AMD)

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	CALL	SWEEP	BULLISH	01/19/24	$550.00	$70.1K	20.4K	31.4K
AMD	CALL	SWEEP	BULLISH	01/19/24	$148.00	$51.5K	5.3K	15.6K
IBM	CALL	SWEEP	BULLISH	01/19/24	$165.00	$78.8K	7.6K	9.3K
TSM	PUT	SWEEP	BEARISH	01/19/24	$95.00	$30.0K	29.0K	4.3K
ZM	CALL	TRADE	BULLISH	02/16/24	$75.00	$26.4K	6.1K	2.8K
ANSS	PUT	TRADE	NEUTRAL	01/19/24	$340.00	$33.6K	1.2K	1.7K
AVGO	CALL	SWEEP	BEARISH	01/19/24	$1100.00	$112.2K	2.4K	1.1K
INTC	CALL	SWEEP	BEARISH	01/19/24	$35.00	$66.8K	98.5K	878
MU	PUT	TRADE	BEARISH	01/12/24	$89.00	$132.0K	1.2K	800
QCOM	CALL	TRADE	BULLISH	01/19/24	$139.00	$31.8K	550	540

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• Regarding NVDA (NASDAQ:NVDA), we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on January 19, 2024. Parties traded 93 contract(s) at a $550.00 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 $70.1K, with a price of $755.0 per contract. There were 20443 open contracts at this strike prior to today, and today 31475 contract(s) were bought and sold.

• For AMD (NASDAQ:AMD), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on January 19, 2024. This event was a transfer of 250 contract(s) at a $148.00 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 $51.5K, with a price of $206.0 per contract. There were 5347 open contracts at this strike prior to today, and today 15686 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.

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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	CALL	SWEEP	BULLISH	01/19/24	$550.00	$70.1K	20.4K	31.4K
AMD	CALL	SWEEP	BULLISH	01/19/24	$148.00	$51.5K	5.3K	15.6K
IBM	CALL	SWEEP	BULLISH	01/19/24	$165.00	$78.8K	7.6K	9.3K
TSM	PUT	SWEEP	BEARISH	01/19/24	$95.00	$30.0K	29.0K	4.3K
ZM	CALL	TRADE	BULLISH	02/16/24	$75.00	$26.4K	6.1K	2.8K
ANSS	PUT	TRADE	NEUTRAL	01/19/24	$340.00	$33.6K	1.2K	1.7K
AVGO	CALL	SWEEP	BEARISH	01/19/24	$1100.00	$112.2K	2.4K	1.1K
INTC	CALL	SWEEP	BEARISH	01/19/24	$35.00	$66.8K	98.5K	878
MU	PUT	TRADE	BEARISH	01/12/24	$89.00	$132.0K	1.2K	800
QCOM	CALL	TRADE	BULLISH	01/19/24	$139.00	$31.8K	550	540

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• For IBM (NYSE:IBM), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on January 19, 2024. This event was a transfer of 438 contract(s) at a $165.00 strike. This particular call needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $78.8K, with a price of $180.0 per contract. There were 7657 open contracts at this strike prior to today, and today 9393 contract(s) were bought and sold.

• Regarding TSM (NYSE:TSM), we observe a put option sweep with bearish sentiment. It expires in 4 day(s) on January 19, 2024. Parties traded 400 contract(s) at a $95.00 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $30.0K, with a price of $75.0 per contract. There were 29091 open contracts at this strike prior to today, and today 4374 contract(s) were bought and sold.

• For ZM (NASDAQ:ZM), we notice a call option trade that happens to be bullish, expiring in 32 day(s) on February 16, 2024. This event was a transfer of 200 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $26.4K, with a price of $132.0 per contract. There were 6174 open contracts at this strike prior to today, and today 2879 contract(s) were bought and sold.

• For ANSS (NASDAQ:ANSS), we notice a put option trade that happens to be neutral, expiring in 4 day(s) on January 19, 2024. This event was a transfer of 48 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $33.6K, with a price of $700.0 per contract. There were 1296 open contracts at this strike prior to today, and today 1763 contract(s) were bought and sold.

• Regarding AVGO (NASDAQ:AVGO), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on January 19, 2024. Parties traded 60 contract(s) at a $1100.00 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 $112.2K, with a price of $1870.0 per contract. There were 2447 open contracts at this strike prior to today, and today 1183 contract(s) were bought and sold.

• Regarding INTC (NASDAQ:INTC), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on January 19, 2024. Parties traded 55 contract(s) at a $35.00 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 $66.8K, with a price of $1215.0 per contract. There were 98599 open contracts at this strike prior to today, and today 878 contract(s) were bought and sold.

• Regarding MU (NASDAQ:MU), we observe a put option trade with bearish sentiment. It expires in 3 day(s) on January 12, 2024. Parties traded 200 contract(s) at a $89.00 strike. The total cost received by the writing party (or parties) was $132.0K, with a price of $660.0 per contract. There were 1200 open contracts at this strike prior to today, and today 800 contract(s) were bought and sold.

• For QCOM (NASDAQ:QCOM), we notice a call option trade that happens to be bullish, expiring in 4 day(s) on January 19, 2024. This event was a transfer of 127 contract(s) at a $139.00 strike. The total cost received by the writing party (or parties) was $31.8K, with a price of $251.0 per contract. There were 550 open contracts at this strike prior to today, and today 540 contract(s) were bought and sold.