Today’s session in the stock market has seen significant activity in the Information Technology sector, particularly with whale alerts on various stocks. Crypto whales, known for their large investments in the cryptocurrency market, are making moves that could potentially drive Bitcoin to new heights in 2024, with predictions of surpassing $100,000.
Traders are closely monitoring the options activity in key technology stocks to identify potential trading opportunities. Here are some of the notable options activities observed in today’s session:
- NVDA (NVIDIA Corporation): A call option sweep with bullish sentiment expiring on May 3, 2024, at a strike price of $850.00. A total of 47,001 contracts were bought and sold, with a total trade price of $207.8K.
- SMCI (Super Micro Computer, Inc.): A call option sweep with bullish sentiment expiring on May 3, 2024, at a strike price of $750.00. A total of 5,300 contracts were bought and sold, with a total trade price of $28.3K.
- AAPL (Apple Inc.): A call option sweep with bearish sentiment expiring on August 16, 2024, at a strike price of $210.00. A total of 4,500 contracts were bought and sold, with a total trade price of $71.9K.
- AMD (Advanced Micro Devices, Inc.): A put option sweep with bullish sentiment expiring on May 10, 2024, at a strike price of $143.00. A total of 3,000 contracts were bought and sold, with a total trade price of $25.3K.
- COHR (Coherent, Inc.): A call option trade with neutral sentiment expiring on May 17, 2024, at a strike price of $70.00. A total of 1,700 contracts were bought and sold, with a total trade price of $85.0K.
These options activities provide valuable insights into the market sentiment towards these technology stocks and can help traders make informed decisions on their trading strategies. Stay tuned for more updates on the latest stock market movements and whale alerts.
