Whale Activity in the Tech Sector: Key Options Trades
The whale alert provides valuable insights into recent options activity within the Information Technology sector. Entities with substantial capital, known as whales, have executed significant trades, indicating market sentiment and potential trading opportunities.
The table below summarizes the key options trades:
| Symbol | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|—|—|—|—|—|—|—|—|
| NVDA | CALL SWEEP | BEARISH | 04/26/24 | $800.00 | $122.8K | 6.2K | 50.1K |
| TSM | CALL SWEEP | BULLISH | 07/19/24 | $130.00 | $25.9K | 1.6K | 4.0K |
| SMCI | PUT TRADE | NEUTRAL | 04/26/24 | $700.00 | $37.7K | 1.7K | 4.0K |
| RIOT | CALL SWEEP | BEARISH | 04/26/24 | $9.00 | $26.5K | 8.6K | 2.6K |
| PLTR | CALL SWEEP | BEARISH | 05/17/24 | $23.00 | $40.0K | 19.4K | 2.3K |
| MCHP | CALL SWEEP | BULLISH | 05/17/24 | $90.00 | $51.6K | 1.7K | 1.8K |
| MARA | CALL SWEEP | BULLISH | 09/20/24 | $30.00 | $46.6K | 8.2K | 1.4K |
| MSFT | CALL TRADE | NEUTRAL | 05/17/24 | $410.00 | $86.8K | 4.2K | 1.1K |
| SNOW | CALL SWEEP | BULLISH | 04/26/24 | $152.50 | $26.8K | 709 | 1.0K |
| ORCL | CALL SWEEP | BEARISH | 05/17/24 | $115.00 | $31.0K | 1.8K | 1.0K |
Explanation:
–
NVDA:
Bearish call sweep expiring in 4 days with a strike price of $800.00.–
TSM:
Bullish call sweep expiring in 88 days with a strike price of $130.00.–
SMCI:
Neutral put trade expiring in 4 days with a strike price of $700.00.–
RIOT:
Bearish call sweep expiring in 4 days with a strike price of $9.00.–
PLTR:
Bearish call sweep expiring in 25 days with a strike price of $23.00.–
MCHP:
Bullish call sweep expiring in 25 days with a strike price of $90.00.–
MARA:
Bullish call sweep expiring in 151 days with a strike price of $30.00.–
MSFT:
Neutral call trade expiring in 25 days with a strike price of $410.00.–
SNOW:
Bullish call sweep expiring in 4 days with a strike price of $152.50.–
ORCL:
Bearish call sweep expiring in 25 days with a strike price of $115.00.Traders should utilize this information to make informed decisions regarding their investment strategies.
