10 Information Technology Stocks Whale Activity In Today’s Session – Marathon Digital Holdings (NASDAQ:MARA), Microsoft (NASDAQ:MSFT), NVIDIA (NASDAQ:NVDA), CrowdStrike Holdings (NASDAQ:CRWD), Cisco Systems (NASDAQ:CSCO), Intel (NASDAQ:INTC), Advanced Micro Devices (NASDAQ:AMD), Micron Technology (NASDAQ:MU), Oracle (NYSE:ORCL), Salesforce (NYSE:CRM)

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:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
NVDA PUT SWEEP BEARISH 09/15/23 $450.00 $81.5K 18.3K 37.8K
MSFT CALL SWEEP BEARISH 09/15/23 $340.00 $38.7K 19.7K 28.9K
AMD PUT SWEEP BULLISH 09/22/23 $104.00 $30.9K 2.2K 2.2K
MARA CALL SWEEP BEARISH 01/19/24 $10.00 $28.4K 9.4K 1.9K
ORCL CALL SWEEP BEARISH 09/29/23 $115.00 $32.1K 3.3K 1.8K
CSCO CALL SWEEP BULLISH 01/19/24 $60.00 $106.0K 33.5K 1.1K
MU CALL SWEEP BULLISH 09/22/23 $73.00 $60.6K 1.6K 648
CRWD CALL SWEEP BULLISH 01/19/24 $170.00 $275.4K 2.1K 612
INTC PUT SWEEP BULLISH 03/15/24 $35.00 $91.6K 10.5K 544
CRM PUT TRADE BEARISH 06/21/24 $185.00 $322.0K 1.0K 407

Explanation

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

• Regarding NVDA NVDA, we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on September 15, 2023. Parties traded 334 contract(s) at a $450.00 strike. This particular put needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $81.5K, with a price of $246.0 per contract. There were 18333 open contracts at this strike prior to today, and today 37824 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on September 15, 2023. Parties traded 250 contract(s) at a $340.00 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 $38.7K, with a price of $155.0 per contract. There were 19751 open contracts at this strike prior to today, and today 28995 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a put option sweep with bullish sentiment. It expires in 8 day(s) on September 22, 2023. Parties traded 300 contract(s) at a $104.00 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 $30.9K, with a price of $103.0 per contract. There were 2261 open contracts at this strike prior to today, and today 2262 contract(s) were bought and sold.

• For MARA MARA, we notice a call option sweep that happens to be bearish, expiring in 127 day(s) on January 19, 2024. This event was a transfer of 130 contract(s) at a $10.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $28.4K, with a price of $219.0 per contract. There were 9448 open contracts at this strike prior to today, and today 1975 contract(s) were bought and sold.

• For ORCL ORCL, we notice a call option sweep that happens to be bearish, expiring in 15 day(s) on September 29, 2023. This event was a transfer of 150 contract(s) at a $115.00 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 $32.1K, with a price of $214.0 per contract. There were 3397 open contracts at this strike prior to today, and today 1873 contract(s) were bought and sold.

• Regarding CSCO CSCO, we observe a call option sweep with bullish sentiment. It expires in 127 day(s) on January 19, 2024. Parties traded 1000 contract(s) at a $60.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $106.0K, with a price of $106.0 per contract. There were 33561 open contracts at this strike prior to today, and today 1135 contract(s) were bought and sold.

• Regarding MU MU, we observe a call option sweep with bullish sentiment. It expires in 8 day(s) on September 22, 2023. Parties traded 674 contract(s) at a $73.00 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 $60.6K, with a price of $90.0 per contract. There were 1626 open contracts at this strike prior to today, and today 648 contract(s) were bought and sold.

• Regarding CRWD CRWD, we observe a call option sweep with bullish sentiment. It expires in 127 day(s) on January 19, 2024. Parties traded 153 contract(s) at a $170.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $275.4K, with a price of $1800.0 per contract. There were 2182 open contracts at this strike prior to today, and today 612 contract(s) were bought and sold.

• Regarding INTC INTC, we observe a put option sweep with bullish sentiment. It expires in 183 day(s) on March 15, 2024. Parties traded 456 contract(s) at a $35.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $91.6K, with a price of $201.0 per contract. There were 10547 open contracts at this strike prior to today, and today 544 contract(s) were bought and sold.

• For CRM CRM, we notice a put option trade that happens to be bearish, expiring in 281 day(s) on June 21, 2024. This event was a transfer of 400 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $322.0K, with a price of $805.0 per contract. There were 1091 open contracts at this strike prior to today, and today 407 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.

link

Leave a Reply

Your email address will not be published. Required fields are marked *