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2024.04.02 17:35
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10 Information Technology Stocks Whale Activity In Today's Session

In today's session, there is options activity happening in various information technology stocks. Whales, or entities with large sums of money, are involved in these trades. The options activity includes both bullish and bearish sentiment, with different expiration dates and strike prices. Notable stocks include NVDA, AMD, MU, MSFT, AAPL, CLSK, PLTR, and SMCI. These trades provide potential trading opportunities for traders.

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.

Here's the list of options activity happening in today's session:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
NVDA CALL SWEEP BULLISH 04/05/24 $900.00 $28.1K 10.4K 36.3K
AMD CALL SWEEP BULLISH 04/05/24 $177.50 $34.0K 1.7K 29.0K
MU CALL SWEEP BEARISH 04/05/24 $124.00 $38.4K 2.8K 7.8K
MSFT CALL SWEEP BULLISH 04/05/24 $422.50 $65.0K 1.9K 5.0K
AAPL CALL TRADE NEUTRAL 06/21/24 $175.00 $35.9K 31.7K 2.8K
CLSK PUT TRADE BEARISH 04/12/24 $16.00 $25.0K 386 2.7K
PLTR PUT SWEEP NEUTRAL 08/16/24 $18.00 $42.8K 1.4K 1.5K
SMCI CALL TRADE BULLISH 04/05/24 $990.00 $49.6K 78 1.4K
CIFR PUT SWEEP BEARISH 04/19/24 $5.50 $127.2K 2.6K 849
NET PUT SWEEP BEARISH 04/19/24 $93.00 $85.2K 183 713

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding NVDA (NASDAQ:NVDA), we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on April 5, 2024. Parties traded 23 contract(s) at a $900.00 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 $28.1K, with a price of $1225.0 per contract. There were 10402 open contracts at this strike prior to today, and today 36350 contract(s) were bought and sold.

• Regarding AMD (NASDAQ:AMD), we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on April 5, 2024. Parties traded 110 contract(s) at a $177.50 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $34.0K, with a price of $310.0 per contract. There were 1789 open contracts at this strike prior to today, and today 29004 contract(s) were bought and sold.

• For MU (NASDAQ:MU), we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on April 5, 2024. This event was a transfer of 300 contract(s) at a $124.00 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 $38.4K, with a price of $128.0 per contract. There were 2865 open contracts at this strike prior to today, and today 7845 contract(s) were bought and sold.

• For MSFT (NASDAQ:MSFT), we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on April 5, 2024. This event was a transfer of 200 contract(s) at a $422.50 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $65.0K, with a price of $325.0 per contract. There were 1926 open contracts at this strike prior to today, and today 5040 contract(s) were bought and sold.

• For AAPL (NASDAQ:AAPL), we notice a call option trade that happens to be neutral, expiring in 80 day(s) on June 21, 2024. This event was a transfer of 63 contract(s) at a $175.00 strike. The total cost received by the writing party (or parties) was $35.9K, with a price of $570.0 per contract. There were 31706 open contracts at this strike prior to today, and today 2876 contract(s) were bought and sold.

• Regarding CLSK (NASDAQ:CLSK), we observe a put option trade with bearish sentiment. It expires in 10 day(s) on April 12, 2024. Parties traded 250 contract(s) at a $16.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $100.0 per contract. There were 386 open contracts at this strike prior to today, and today 2715 contract(s) were bought and sold.

• For PLTR (NYSE:PLTR), we notice a put option sweep that happens to be neutral, expiring in 136 day(s) on August 16, 2024. This event was a transfer of 357 contract(s) at a $18.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $42.8K, with a price of $120.0 per contract. There were 1463 open contracts at this strike prior to today, and today 1592 contract(s) were bought and sold.

• For SMCI (NASDAQ:SMCI), we notice a call option trade that happens to be bullish, expiring in 3 day(s) on April 5, 2024. This event was a transfer of 16 contract(s) at a $990.00 strike. The total cost received by the writing party (or parties) was $49.6K, with a price of $3100.0 per contract. There were 78 open contracts at this strike prior to today, and today 1481 contract(s) were bought and sold.

• Regarding CIFR (NASDAQ:CIFR), we observe a put option sweep with bearish sentiment. It expires in 17 day(s) on April 19, 2024. Parties traded 848 contract(s) at a $5.50 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 $127.2K, with a price of $150.0 per contract. There were 2697 open contracts at this strike prior to today, and today 849 contract(s) were bought and sold.

• Regarding NET (NYSE:NET), we observe a put option sweep with bearish sentiment. It expires in 17 day(s) on April 19, 2024. Parties traded 323 contract(s) at a $93.00 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 $85.2K, with a price of $264.0 per contract. There were 183 open contracts at this strike prior to today, and today 713 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.