10 Information Technology Stocks With Whale Alerts In Today’s Session – Microsoft (NASDAQ:MSFT), NVIDIA (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Qualcomm (NASDAQ:QCOM), Snowflake (NYSE:SNOW), Adobe (NASDAQ:ADBE), Advanced Micro Devices (NASDAQ:AMD), Micron Technology (NASDAQ:MU), Cloudflare (NYSE:NET), Palantir Technologies (NYSE:PLTR)

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
AAPL CALL TRADE BULLISH 05/05/23 $170.00 $34.2K 40.6K 47.4K
MSFT CALL TRADE NEUTRAL 05/19/23 $315.00 $26.7K 33.3K 3.3K
NVDA PUT TRADE BEARISH 05/19/23 $277.50 $26.0K 1.3K 711
PLTR PUT TRADE NEUTRAL 06/16/23 $8.00 $32.9K 21.0K 657
AMD CALL SWEEP BULLISH 06/09/23 $92.00 $52.5K 298 387
SNOW CALL SWEEP BULLISH 05/19/23 $155.00 $27.4K 1.7K 321
ADBE CALL TRADE BULLISH 01/19/24 $410.00 $26.6K 911 294
QCOM CALL TRADE BEARISH 01/17/25 $110.00 $330.3K 462 193
MU CALL SWEEP BEARISH 01/17/25 $70.00 $106.6K 1.0K 100
NET PUT SWEEP BULLISH 01/19/24 $90.00 $37.0K 126 74

Explanation

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

• For AAPL AAPL, we notice a call option trade that happens to be bullish, is expiring today. Parties traded 92 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $34.2K, with a price of $372.0 per contract. There were 40674 open contracts at this strike prior to today, and today 47409 contract(s) were bought and sold.

• For MSFT MSFT, we notice a call option trade that happens to be neutral, expiring in 14 day(s) on May 19, 2023. This event was a transfer of 100 contract(s) at a $315.00 strike. The total cost received by the writing party (or parties) was $26.7K, with a price of $267.0 per contract. There were 33369 open contracts at this strike prior to today, and today 3344 contract(s) were bought and sold.

• Regarding NVDA NVDA, we observe a put option trade with bearish sentiment. It expires in 14 day(s) on May 19, 2023. Parties traded 50 contract(s) at a $277.50 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $520.0 per contract. There were 1338 open contracts at this strike prior to today, and today 711 contract(s) were bought and sold.

• Regarding PLTR PLTR, we observe a put option trade with neutral sentiment. It expires in 42 day(s) on June 16, 2023. Parties traded 350 contract(s) at a $8.00 strike. The total cost received by the writing party (or parties) was $32.9K, with a price of $94.0 per contract. There were 21080 open contracts at this strike prior to today, and today 657 contract(s) were bought and sold.

• For AMD AMD, we notice a call option sweep that happens to be bullish, expiring in 35 day(s) on June 9, 2023. This event was a transfer of 150 contract(s) at a $92.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $52.5K, with a price of $350.0 per contract. There were 298 open contracts at this strike prior to today, and today 387 contract(s) were bought and sold.

• For SNOW SNOW, we notice a call option sweep that happens to be bullish, expiring in 14 day(s) on May 19, 2023. This event was a transfer of 45 contract(s) at a $155.00 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 $27.4K, with a price of $610.0 per contract. There were 1777 open contracts at this strike prior to today, and today 321 contract(s) were bought and sold.

• Regarding ADBE ADBE, we observe a call option trade with bullish sentiment. It expires in 259 day(s) on January 19, 2024. Parties traded 14 contract(s) at a $410.00 strike. The total cost received by the writing party (or parties) was $26.6K, with a price of $1900.0 per contract. There were 911 open contracts at this strike prior to today, and today 294 contract(s) were bought and sold.

• For QCOM QCOM, we notice a call option trade that happens to be bearish, expiring in 623 day(s) on January 17, 2025. This event was a transfer of 169 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $330.3K, with a price of $1955.0 per contract. There were 462 open contracts at this strike prior to today, and today 193 contract(s) were bought and sold.

• Regarding MU MU, we observe a call option sweep with bearish sentiment. It expires in 623 day(s) on January 17, 2025. Parties traded 100 contract(s) at a $70.00 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 $106.6K, with a price of $1070.0 per contract. There were 1046 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold.

• For NET NET, we notice a put option sweep that happens to be bullish, expiring in 259 day(s) on January 19, 2024. This event was a transfer of 8 contract(s) at a $90.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $37.0K, with a price of $4630.0 per contract. There were 126 open contracts at this strike prior to today, and today 74 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.