10 Information Technology Stocks Whale Activity In Today's Session

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:

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding AMD (NASDAQ:AMD), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on December 15, 2023. Parties traded 200 contract(s) at a $138.00 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 $31.0K, with a price of $155.0 per contract. There were 8556 open contracts at this strike prior to today, and today 16791 contract(s) were bought and sold.

• Regarding AAPL (NASDAQ:AAPL), we observe a call option trade with bullish sentiment. It expires in 1 day(s) on December 15, 2023. Parties traded 93 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $33.1K, with a price of $356.0 per contract. There were 42616 open contracts at this strike prior to today, and today 10226 contract(s) were bought and sold.

• For MSFT (NASDAQ:MSFT), we notice a call option trade that happens to be neutral, expiring in 1 day(s) on December 15, 2023. This event was a transfer of 80 contract(s) at a $365.00 strike. The total cost received by the writing party (or parties) was $32.4K, with a price of $405.0 per contract. There were 17873 open contracts at this strike prior to today, and today 4782 contract(s) were bought and sold.

• For EBIX (NASDAQ:EBIX), we notice a call option sweep that happens to be bearish, expiring in 22 day(s) on January 5, 2024. This event was a transfer of 272 contract(s) at a $5.50 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $38.0K, with a price of $140.0 per contract. There were 19 open contracts at this strike prior to today, and today 4318 contract(s) were bought and sold.

• Regarding ADBE (NASDAQ:ADBE), we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on December 15, 2023. Parties traded 221 contract(s) at a $590.00 strike. This particular call needed to be split into 43 different trades to become filled. The total cost received by the writing party (or parties) was $121.6K, with a price of $550.0 per contract. There were 368 open contracts at this strike prior to today, and today 4136 contract(s) were bought and sold.

• Regarding TXN (NASDAQ:TXN), we observe a call option sweep with neutral sentiment. It expires in 64 day(s) on February 16, 2024. Parties traded 200 contract(s) at a $175.00 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 $62.0K, with a price of $310.0 per contract. There were 15127 open contracts at this strike prior to today, and today 2975 contract(s) were bought and sold.

• Regarding MCHP (NASDAQ:MCHP), we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on December 15, 2023. Parties traded 787 contract(s) at a $90.00 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 $27.5K, with a price of $35.0 per contract. There were 255 open contracts at this strike prior to today, and today 2941 contract(s) were bought and sold.

• Regarding ENPH (NASDAQ:ENPH), we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on December 15, 2023. Parties traded 203 contract(s) at a $120.00 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 $27.2K, with a price of $134.0 per contract. There were 34 open contracts at this strike prior to today, and today 2929 contract(s) were bought and sold.

• Regarding INTC (NASDAQ:INTC), we observe a call option trade with bullish sentiment. It expires in 64 day(s) on February 16, 2024. Parties traded 200 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $25.8K, with a price of $129.0 per contract. There were 5140 open contracts at this strike prior to today, and today 1747 contract(s) were bought and sold.

• Regarding SEDG (NASDAQ:SEDG), we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on December 15, 2023. Parties traded 696 contract(s) at a $91.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $45.3K, with a price of $65.0 per contract. There were 6 open contracts at this strike prior to today, and today 1628 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.