Tech Stocks: Whale Investors' Moves

Options alert data for different publicly traded companies such as TSM, RIOT, SMCI, MSFT, AAPL, MSTR, INTU, and MDB are provided in the text. For each company, the type of the option alert is mentioned, including its strike price, the number of contracts traded, the cost received by the writing parties, and the number of open contracts at the strike prior to and after the event. Options alerts terminology is also briefly defined. Additionally, the top five important keywords for SEO purposes are provided: call, sweep, bearish, put, and expiration date. Readers can use this information to understand how options alerts work and to make informed investment decisions.

Whale Activity in Information Technology Stocks: Latest Update

Whales, which are entities with large sums of money, can offer traders valuable insights into the stock market. At Benzinga, we keep track of their transactions through our options activity scanner to help traders identify potential trading opportunities.

Traders often seek situations where the market estimation of an option deviates from its typical value. Unusual amounts of trading activity can cause option prices to become hyperbolic or underperforming.

Here are some recent instances of options activity in the Information Technology sector:

NVDA

  • Symbol: NVDA (NASDAQ: NVDA)

  • Put/Call: Call

  • Trade Type: Sweep

  • Sentiment: Bullish

  • Exp. Date: March 24, 2023

  • Strike Price: $270.00

  • Total Trade Price: $32.4K

  • Open Interest: 14.9K

  • Volume: 50.1K

A bullish call option sweep occurred for NVDA, with an expiry in just two days. Parties traded 59 contracts at a strike price of $270.00. The call option was split into seven different trades to become filled, with a total cost received by the writing party (or parties) of $32.4K and a price of $550.0 per contract. Before today, there were 14,960 open contracts at this strike, and today, 50,125 contracts were bought and sold.

AMD

  • Symbol: AMD (NASDAQ: AMD)

  • Put/Call: Call

  • Trade Type: Sweep

  • Sentiment: Bullish

  • Exp. Date: March 24, 2023

  • Strike Price: $100.00

  • Total Trade Price: $144.7K

  • Open Interest: 8.6K

  • Volume: 22.6K

A bullish call option sweep took place for AMD with an expiry in two days. Parties traded 750 contracts at a strike price of $100.00, which were split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $144.7K, with a price of $193.0 per contract. Before today, there were 8,679 open contracts at this strike, and today, 22,692 contracts were bought and sold.

TSM

  • Symbol: TSM

  • Put/Call: Call

  • Trade Type: Sweep

  • Sentiment: Bearish

  • Exp. Date: March 31, 2023

  • Strike Price: $92.00

  • Total Trade Price: $205.1K

  • Open Interest: 4.1K

  • Volume: 2.5K

A bearish call option sweep occurred for TSM, with an expiry in one week. Parties traded 410 contracts at a strike price of $92.00. Before today, there were 4,153 open contracts at this strike, and today, 2,525 contracts were bought and sold. The total cost paid by the buying party (or parties) was $205.1K, with a price of $500.0 per contract.

RIOT

  • Symbol: RIOT

  • Put/Call: Call

  • Trade Type: Trade

  • Sentiment: Bearish

  • Exp. Date: April 21, 2023

  • Strike Price: $9.00

  • Total Trade Price: $196.3K

  • Open Interest: 1.6K

  • Volume: 2.4K

A bearish call option trade was executed for RIOT, with an expiry in one month. Parties traded 160 contracts at a

Latest Information Technology Stock Whale Activity Update

Keeping track of entities with large sums of money, called whales, can provide traders with valuable insights into the stock market. At Benzinga, we monitor their transactions through our options activity scanner, which can help traders identify potential trading opportunities.

Traders often seek circumstances where the market estimation of an option differs from its usual value. Unusual trading activity can cause option prices to become hyperbolic or underperforming.

Here are the most recent instances of options activity in the Information Technology sector:

TSM

  • Symbol: TSM (NYSE: TSM)

  • Put/Call: Call

  • Trade Type: Sweep

  • Sentiment: Bearish

  • Exp. Date: March 31, 2023

  • Strike Price: $92.00

  • Total Trade Price: $205.1K

  • Open Interest: 4.2K

  • Volume: 2.6K

A bearish call option sweep occurred for TSM, with an expiry in nine days. Parties traded 600 contracts at a strike price of $92.00, which were split into 118 different trades to become filled. The total cost received by the writing party (or parties) was $205.1K, with a price of $341.0 per contract. Before today, there were 4,193 open contracts at this strike, and today, 2,562 contracts were bought and sold.

RIOT

  • Symbol: RIOT (NASDAQ: RIOT)

  • Put/Call: Call

  • Trade Type: Trade

  • Sentiment: Bearish

  • Exp. Date: April 21, 2023

  • Strike Price: $9.00

  • Total Trade Price: $196.3K

  • Open Interest: 1.6K

  • Volume: 2.4K

A bearish call option trade occurred for RIOT, with an expiry in one month. Parties traded 1,738 contracts at a strike price of $9.00. The total cost received by the writing party (or parties) was $196.3K, with a price of $113.0 per contract. Before today, there were 1,620 open contracts at this strike, and today, 2,444 contracts were bought and sold.

SMCI

  • Symbol: SMCI (NASDAQ: SMCI)

  • Put/Call: Call

  • Trade Type: Sweep

  • Sentiment: Bullish

  • Exp. Date: April 21, 2023

  • Strike Price: $120.00

  • Total Trade Price: $62.0K

  • Open Interest: 1.6K

  • Volume: 994

A bullish call option sweep took place for SMCI, with an expiry in one month. Parties traded 100 contracts at a strike price of $120.00, which were split into seven different trades to become filled. The total cost received by the writing party (or parties) was $62.0K, with a price of $620.0 per contract. Before today, there were 1,577 open contracts at this strike, and today, 994 contracts were bought and sold.

MSFT

  • Symbol: MSFT (NASDAQ: MSFT)

  • Put/Call: Put

  • Trade Type: Sweep

  • Sentiment: Bearish

  • Exp. Date: July 21, 2023

  • Strike Price: $280.00

  • Total Trade Price: $51.1K

  • Open Interest: 400

  • Volume: 649

A bearish put option sweep occurred for MSFT, with an expiry in four months. Parties traded 29 contracts at

Understanding the Latest Options Alerts: MSTR, INTU, and MDB

Benzinga’s options activity scanner tracks large entities with substantial sums of money, referred to as “whales,” to help traders discover potential trading opportunities. Unusual levels of trading activity in the options market can indicate that an option’s market value has diverged from its normal worth, possibly leading to overpriced or underpriced levels.

Here are the latest options alerts from the Information Technology sector:

MSTR (NASDAQ: MSTR)

A call option sweep with bearish sentiment has been observed, expiring in just 2 days on March 24, 2023. Parties traded 50 contract(s) at a $277.50 strike, which needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $31.5K, with a price of $630.0 per contract. There were 599 open contracts at this strike prior to today, and today 250 contract(s) were bought and sold.

INTU (NASDAQ: INTU)

A call option sweep has been noticed, which happens to be bearish and will expire in 30 day(s) on April 21, 2023. This event was a transfer of 136 contract(s) at a $475.00 strike, which needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $26.5K, with a price of $195.0 per contract. There were only 15 open contracts at this strike prior to today, and today 148 contract(s) were bought and sold.

MDB (NASDAQ: MDB)

A put option sweep has been observed, which happens to be bearish and will expire in 86 day(s) on June 16, 2023. This event was a transfer of 45 contract(s) at a $220.00 strike, which needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $135.2K, with a price of $3005.0 per contract. There were 216 open contracts at this strike prior to today, and today 76 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 on understanding options alerts, you can visit Benzinga’s Guide to Understanding Options Alerts or read more news on unusual options activity.

It’s important to note that Benzinga does not provide investment advice. All rights are reserved, and this article was generated by Benzinga’s automated content engine and reviewed by an editor.

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