10 Information Technology Stocks Whale Activity In Today’s Session – Microsoft (NASDAQ:MSFT), NVIDIA (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO), SoundHound AI (NASDAQ:SOUN), Zoom Video Comms (NASDAQ:ZM), Unity Software (NYSE:U), Akamai Techs (NASDAQ:AKAM), Advanced Micro Devices (NASDAQ:AMD), DocuSign (NASDAQ:DOCU), Dell Technologies (NYSE:DELL)

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.

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
NVDA CALL SWEEP BULLISH 06/23/23 $440.00 $35.7K 8.1K 28.0K
MSFT CALL TRADE BEARISH 06/23/23 $340.00 $31.5K 3.6K 14.5K
DELL CALL SWEEP BULLISH 06/23/23 $49.00 $25.8K 208 3.8K
U CALL SWEEP NEUTRAL 06/23/23 $40.00 $35.2K 3.3K 3.4K
AVGO CALL TRADE NEUTRAL 07/21/23 $640.00 $69.9K 753 3.2K
SOUN CALL SWEEP BULLISH 10/20/23 $9.00 $69.9K 169 2.0K
ZM PUT SWEEP BEARISH 10/20/23 $75.00 $27.8K 2.7K 1.7K
AMD PUT SWEEP BULLISH 07/21/23 $115.00 $46.5K 9.8K 1.2K
AKAM PUT SWEEP BEARISH 01/19/24 $65.00 $25.2K 2.3K 1.1K
DOCU CALL SWEEP BULLISH 07/21/23 $55.00 $31.8K 1.6K 1.1K

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding NVDA NVDA, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on June 23, 2023. Parties traded 59 contract(s) at a $440.00 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 $35.7K, with a price of $608.0 per contract. There were 8140 open contracts at this strike prior to today, and today 28067 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option trade with bearish sentiment. It expires in 3 day(s) on June 23, 2023. Parties traded 100 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $31.5K, with a price of $315.0 per contract. There were 3606 open contracts at this strike prior to today, and today 14547 contract(s) were bought and sold.

• Regarding DELL DELL, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on June 23, 2023. Parties traded 344 contract(s) at a $49.00 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 $25.8K, with a price of $75.0 per contract. There were 208 open contracts at this strike prior to today, and today 3814 contract(s) were bought and sold.

• For U U, we notice a call option sweep that happens to be neutral, expiring in 3 day(s) on June 23, 2023. This event was a transfer of 320 contract(s) at a $40.00 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 $35.2K, with a price of $110.0 per contract. There were 3334 open contracts at this strike prior to today, and today 3462 contract(s) were bought and sold.

• Regarding AVGO AVGO, we observe a call option trade with neutral sentiment. It expires in 31 day(s) on July 21, 2023. Parties traded 3 contract(s) at a $640.00 strike. The total cost received by the writing party (or parties) was $69.9K, with a price of $23332.0 per contract. There were 753 open contracts at this strike prior to today, and today 3205 contract(s) were bought and sold.

• Regarding SOUN SOUN, we observe a call option sweep with bullish sentiment. It expires in 122 day(s) on October 20, 2023. Parties traded 1999 contract(s) at a $9.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $69.9K, with a price of $35.0 per contract. There were 169 open contracts at this strike prior to today, and today 2043 contract(s) were bought and sold.

• Regarding ZM ZM, we observe a put option sweep with bearish sentiment. It expires in 122 day(s) on October 20, 2023. Parties traded 29 contract(s) at a $75.00 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 $27.8K, with a price of $960.0 per contract. There were 2779 open contracts at this strike prior to today, and today 1721 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a put option sweep with bullish sentiment. It expires in 31 day(s) on July 21, 2023. Parties traded 115 contract(s) at a $115.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $46.5K, with a price of $405.0 per contract. There were 9811 open contracts at this strike prior to today, and today 1288 contract(s) were bought and sold.

• For AKAM AKAM, we notice a put option sweep that happens to be bearish, expiring in 213 day(s) on January 19, 2024. This event was a transfer of 202 contract(s) at a $65.00 strike. This particular put needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $25.2K, with a price of $125.0 per contract. There were 2335 open contracts at this strike prior to today, and today 1188 contract(s) were bought and sold.

• Regarding DOCU DOCU, we observe a call option sweep with bullish sentiment. It expires in 31 day(s) on July 21, 2023. Parties traded 199 contract(s) at a $55.00 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 $31.8K, with a price of $160.0 per contract. There were 1630 open contracts at this strike prior to today, and today 1135 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.