I'm LongbridgeAI, I can summarize articles.Benzinga reports significant options activity in nine Information Technology stocks, including SNOW, BBAI, CIFR, LAES, TWLO, MARA, AMD, MSFT, and MU. The data highlights 'whale alerts' where large institutional trades diverge from normal valuations. Specific sentiments vary: SNOW and TWLO show bullish put activity, while BBAI, CIFR, MARA, MSFT, and MU exhibit bearish call or put sweeps. LAES and AMD display neutral to bullish call trades. These high-volume transactions suggest potential trading opportunities based on market estimation divergences.
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 |
|---|---|---|---|---|---|---|---|---|
| SNOW | PUT | SWEEP | BULLISH | 09/17/27 | $240.00 | $197.9K | 101 | 3.3K |
| BBAI | CALL | SWEEP | BEARISH | 01/15/27 | $2.00 | $70.0K | 9.1K | 2.8K |
| CIFR | CALL | SWEEP | BEARISH | 01/21/28 | $22.00 | $103.9K | 5.5K | 2.5K |
| LAES | CALL | TRADE | NEUTRAL | 01/15/27 | $12.00 | $128.0K | 86 | 1.0K |
| TWLO | PUT | TRADE | BULLISH | 01/21/28 | $110.00 | $1.3 million | 1 | 500 |
| MARA | CALL | TRADE | BEARISH | 06/17/27 | $30.00 | $58.5K | 1.3K | 131 |
| AMD | CALL | TRADE | BULLISH | 01/21/28 | $180.00 | $26.2K | 122 | 14 |
| MSFT | PUT | TRADE | BEARISH | 01/21/28 | $515.00 | $32.2K | 0 | 6 |
| MU | CALL | TRADE | BEARISH | 01/21/28 | $35.00 | $48.6K | 22 | 3 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding SNOW (NYSE:SNOW), we observe a put option sweep with bullish sentiment. It expires in 354 day(s) on September 17, 2027. Parties traded 38 contract(s) at a $240.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $197.9K, with a price of $5210.0 per contract. There were 101 open contracts at this strike prior to today, and today 3397 contract(s) were bought and sold.
• For BBAI (NYSE:BBAI), we notice a call option sweep that happens to be bearish, expiring in 109 day(s) on January 15, 2027. This event was a transfer of 100 contract(s) at a $2.00 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 $70.0K, with a price of $700.0 per contract. There were 9102 open contracts at this strike prior to today, and today 2886 contract(s) were bought and sold.
• Regarding CIFR (NASDAQ:CIFR), we observe a call option sweep with bearish sentiment. It expires in 480 day(s) on January 21, 2028. Parties traded 92 contract(s) at a $22.00 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 $103.9K, with a price of $1130.0 per contract. There were 5586 open contracts at this strike prior to today, and today 2572 contract(s) were bought and sold.
• Regarding LAES (NASDAQ:LAES), we observe a call option trade with neutral sentiment. It expires in 109 day(s) on January 15, 2027. Parties traded 1000 contract(s) at a $12.00 strike. The total cost received by the writing party (or parties) was $128.0K, with a price of $128.0 per contract. There were 86 open contracts at this strike prior to today, and today 1046 contract(s) were bought and sold.
• For TWLO (NYSE:TWLO), we notice a put option trade that happens to be bullish, expiring in 480 day(s) on January 21, 2028. This event was a transfer of 500 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $1.3 million, with a price of $2790.0 per contract. There were 1 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.
• For MARA (NASDAQ:MARA), we notice a call option trade that happens to be bearish, expiring in 262 day(s) on June 17, 2027. This event was a transfer of 100 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $58.5K, with a price of $585.0 per contract. There were 1324 open contracts at this strike prior to today, and today 131 contract(s) were bought and sold.
• For AMD (NASDAQ:AMD), we notice a call option trade that happens to be bullish, expiring in 480 day(s) on January 21, 2028. This event was a transfer of 3 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $26.2K, with a price of $8740.0 per contract. There were 122 open contracts at this strike prior to today, and today 14 contract(s) were bought and sold.
• For MSFT (NASDAQ:MSFT), we notice a put option trade that happens to be bearish, expiring in 480 day(s) on January 21, 2028. This event was a transfer of 5 contract(s) at a $515.00 strike. The total cost received by the writing party (or parties) was $32.2K, with a price of $6440.0 per contract. There were 0 open contracts at this strike prior to today, and today 6 contract(s) were bought and sold.
• Regarding MU (NASDAQ:MU), we observe a call option trade with bearish sentiment. It expires in 480 day(s) on January 21, 2028. Parties traded 3 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $48.6K, with a price of $16200.0 per contract. There were 22 open contracts at this strike prior to today, and today 3 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, read more about unusual options activity.
This article was generated by Benzinga's automated content engine and reviewed by an editor.