10 Information Technology Stocks Whale Activity In Today's Session
Portfolio Pulse from Benzinga Insights
Today's session highlighted significant whale activity in the Information Technology sector, focusing on options trading. Notable bullish sentiment was observed in trades for NVDA, SMCI, MSTR, MU, and IBM, while bearish sentiment was seen in TSM, PLTR, AVGO, MARA, and CLSK options. The trades varied in expiration dates, strike prices, and total trade prices, indicating diverse strategies and expectations from large investors.
March 18, 2024 | 5:35 pm
News sentiment analysis
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NEGATIVE IMPACT
Bearish call option sweep observed, unusual sentiment indicating potential downside.
The bearish sentiment on PLTR call options, despite being calls, suggests an expectation of PLTR not reaching the strike price, potentially affecting its short-term stock price negatively.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 85
NEGATIVE IMPACT
Bearish put option sweep observed, indicating negative sentiment from large investors.
The bearish put option sweep for TSM suggests that whales expect a decline in TSM's stock price, potentially leading to negative short-term price movement.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Bullish call option activity observed, indicating positive sentiment from large investors.
The bullish call option trade for NVDA suggests that whales anticipate an upward movement in NVDA's stock price, potentially influencing short-term price action positively.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90