10 Information Technology Stocks Whale Activity In Today’s Session – Microsoft (NASDAQ:MSFT), AppLovin (NASDAQ:APP), NVIDIA (NASDAQ:NVDA), Zoom Video Comms (NASDAQ:ZM)

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 TRADE BULLISH 10/27/23 $430.00 $75.8K 13.6K 28.0K
MSFT CALL TRADE BEARISH 10/27/23 $330.00 $48.9K 6.6K 5.7K
PLTR CALL TRADE BULLISH 10/27/23 $16.00 $43.2K 9.9K 3.7K
AAPL CALL TRADE BULLISH 12/15/23 $175.00 $33.3K 24.2K 2.0K
INTC CALL TRADE BEARISH 10/27/23 $34.00 $34.5K 4.9K 1.9K
SNOW CALL SWEEP BEARISH 10/27/23 $145.00 $69.3K 263 1.0K
KD PUT TRADE BULLISH 11/17/23 $13.00 $35.0K 220 1.0K
ZM PUT SWEEP BEARISH 12/15/23 $70.00 $46.7K 1.3K 705
APP CALL SWEEP BULLISH 11/17/23 $47.50 $26.7K 314 522
TXN CALL TRADE BEARISH 12/15/23 $150.00 $45.0K 101 410

Explanation

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

• For NVDA NVDA, we notice a call option trade that happens to be bullish, expiring in 3 day(s) on October 27, 2023. This event was a transfer of 100 contract(s) at a $430.00 strike. The total cost received by the writing party (or parties) was $75.8K, with a price of $758.0 per contract. There were 13610 open contracts at this strike prior to today, and today 28022 contract(s) were bought and sold.

• For MSFT MSFT, we notice a call option trade that happens to be bearish, expiring in 3 day(s) on October 27, 2023. This event was a transfer of 69 contract(s) at a $330.00 strike. The total cost received by the writing party (or parties) was $48.9K, with a price of $710.0 per contract. There were 6658 open contracts at this strike prior to today, and today 5737 contract(s) were bought and sold.

• Regarding PLTR PLTR, we observe a call option trade with bullish sentiment. It expires in 3 day(s) on October 27, 2023. Parties traded 600 contract(s) at a $16.00 strike. The total cost received by the writing party (or parties) was $43.2K, with a price of $72.0 per contract. There were 9913 open contracts at this strike prior to today, and today 3772 contract(s) were bought and sold.

• For AAPL AAPL, we notice a call option trade that happens to be bullish, expiring in 52 day(s) on December 15, 2023. This event was a transfer of 57 contract(s) at a $175.00 strike. The total cost received by the writing party (or parties) was $33.3K, with a price of $585.0 per contract. There were 24253 open contracts at this strike prior to today, and today 2002 contract(s) were bought and sold.

• Regarding INTC INTC, we observe a call option trade with bearish sentiment. It expires in 3 day(s) on October 27, 2023. Parties traded 250 contract(s) at a $34.00 strike. The total cost received by the writing party (or parties) was $34.5K, with a price of $138.0 per contract. There were 4985 open contracts at this strike prior to today, and today 1961 contract(s) were bought and sold.

• Regarding SNOW SNOW, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on October 27, 2023. Parties traded 100 contract(s) at a $145.00 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 $69.3K, with a price of $693.0 per contract. There were 263 open contracts at this strike prior to today, and today 1019 contract(s) were bought and sold.

• For KD KD, we notice a put option trade that happens to be bullish, expiring in 24 day(s) on November 17, 2023. This event was a transfer of 1000 contract(s) at a $13.00 strike. The total cost received by the writing party (or parties) was $35.0K, with a price of $35.0 per contract. There were 220 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.

• For ZM ZM, we notice a put option sweep that happens to be bearish, expiring in 52 day(s) on December 15, 2023. This event was a transfer of 51 contract(s) at a $70.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $46.7K, with a price of $917.0 per contract. There were 1373 open contracts at this strike prior to today, and today 705 contract(s) were bought and sold.

• Regarding APP APP, we observe a call option sweep with bullish sentiment. It expires in 24 day(s) on November 17, 2023. Parties traded 461 contract(s) at a $47.50 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $58.0 per contract. There were 314 open contracts at this strike prior to today, and today 522 contract(s) were bought and sold.

• For TXN TXN, we notice a call option trade that happens to be bearish, expiring in 52 day(s) on December 15, 2023. This event was a transfer of 99 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $45.0K, with a price of $455.0 per contract. There were 101 open contracts at this strike prior to today, and today 410 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.

link

Leave a Reply

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