10 Information Technology Stocks Whale Activity In Today’s Session – Microsoft (NASDAQ:MSFT), NVIDIA (NASDAQ:NVDA), Broadcom (NASDAQ:AVGO), Fortinet (NASDAQ:FTNT), Snowflake (NYSE:SNOW), Unity Software (NYSE:U), Micron Technology (NASDAQ:MU), Oracle (NYSE:ORCL), IonQ (NYSE:IONQ)

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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.

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
AAPL CALL SWEEP BEARISH 06/30/23 $190.00 $33.3K 57.9K 84.4K
NVDA PUT SWEEP BULLISH 06/30/23 $405.00 $66.5K 10.6K 53.5K
ORCL PUT SWEEP BULLISH 07/21/23 $120.00 $48.7K 10.2K 9.0K
U CALL SWEEP BULLISH 07/21/23 $45.00 $46.6K 10.4K 3.0K
MSFT CALL TRADE BULLISH 08/18/23 $320.00 $60.1K 3.8K 1.0K
MU CALL SWEEP BULLISH 07/07/23 $66.00 $57.0K 611 1.0K
AVGO CALL SWEEP BEARISH 06/30/23 $850.00 $37.3K 1.3K 895
SNOW CALL TRADE BULLISH 01/19/24 $225.00 $43.5K 540 669
IONQ CALL TRADE BEARISH 10/20/23 $10.00 $40.9K 2.0K 543
FTNT CALL SWEEP BEARISH 08/18/23 $80.00 $30.0K 535 409

Explanation

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

• For AAPL AAPL, we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on June 30, 2023. This event was a transfer of 483 contract(s) at a $190.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $33.3K, with a price of $69.0 per contract. There were 57936 open contracts at this strike prior to today, and today 84491 contract(s) were bought and sold.

• For NVDA NVDA, we notice a put option sweep that happens to be bullish, expiring in 2 day(s) on June 30, 2023. This event was a transfer of 251 contract(s) at a $405.00 strike. This particular put needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $66.5K, with a price of $265.0 per contract. There were 10647 open contracts at this strike prior to today, and today 53507 contract(s) were bought and sold.

• For ORCL ORCL, we notice a put option sweep that happens to be bullish, expiring in 23 day(s) on July 21, 2023. This event was a transfer of 125 contract(s) at a $120.00 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 $48.7K, with a price of $390.0 per contract. There were 10239 open contracts at this strike prior to today, and today 9045 contract(s) were bought and sold.

• Regarding U U, we observe a call option sweep with bullish sentiment. It expires in 23 day(s) on July 21, 2023. Parties traded 200 contract(s) at a $45.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $46.6K, with a price of $233.0 per contract. There were 10444 open contracts at this strike prior to today, and today 3035 contract(s) were bought and sold.

• Regarding MSFT MSFT, we observe a call option trade with bullish sentiment. It expires in 51 day(s) on August 18, 2023. Parties traded 25 contract(s) at a $320.00 strike. The total cost received by the writing party (or parties) was $60.1K, with a price of $2405.0 per contract. There were 3874 open contracts at this strike prior to today, and today 1078 contract(s) were bought and sold.

• Regarding MU MU, we observe a call option sweep with bullish sentiment. It expires in 9 day(s) on July 7, 2023. Parties traded 200 contract(s) at a $66.00 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 $57.0K, with a price of $285.0 per contract. There were 611 open contracts at this strike prior to today, and today 1035 contract(s) were bought and sold.

• Regarding AVGO AVGO, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on June 30, 2023. Parties traded 59 contract(s) at a $850.00 strike. This particular call needed to be split into 39 different trades to become filled. The total cost received by the writing party (or parties) was $37.3K, with a price of $630.0 per contract. There were 1399 open contracts at this strike prior to today, and today 895 contract(s) were bought and sold.

• For SNOW SNOW, we notice a call option trade that happens to be bullish, expiring in 205 day(s) on January 19, 2024. This event was a transfer of 26 contract(s) at a $225.00 strike. The total cost received by the writing party (or parties) was $43.5K, with a price of $1675.0 per contract. There were 540 open contracts at this strike prior to today, and today 669 contract(s) were bought and sold.

• Regarding IONQ IONQ, we observe a call option trade with bearish sentiment. It expires in 114 day(s) on October 20, 2023. Parties traded 100 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $40.9K, with a price of $410.0 per contract. There were 2065 open contracts at this strike prior to today, and today 543 contract(s) were bought and sold.

• For FTNT FTNT, we notice a call option sweep that happens to be bearish, expiring in 51 day(s) on August 18, 2023. This event was a transfer of 180 contract(s) at a $80.00 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 $30.0K, with a price of $167.0 per contract. There were 535 open contracts at this strike prior to today, and today 409 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.

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