IT Stocks Whale Activity Signals Opportunities for Traders Amid Market Volatility
Whales in the information technology sector have been active today, and their transactions may signal opportunities for traders. Benzinga's options activity scanner tracks large sums of money moving into or out of various assets. When market expectations diverge significantly from normal values, high trading volumes can cause option prices to become overpriced or undervalued.
Apple (AAPL) saw a bullish call option sweep today, with 255 contracts traded at $315.00 expiring on September 9, 2026. This trade was split into nine separate transactions and had an open interest of 2,489 prior to the day's activity. A total of 69,716 contracts were bought and sold, with a price of $103.0 per contract.
On the other hand, ZS saw a bearish call option sweep, expiring in two days on September 11, 2026, with 677 contracts traded at $170.00. This trade was also split into nine separate transactions and had an open interest of 1,372 prior to the day's activity. A total of 3,646 contracts were bought and sold, with a price of $185.0 per contract.
Other notable transactions include Intel (INTC) put option trades with bearish sentiment, expiring on September 18, 2026, Microsoft (MSFT) call option trades with bearish sentiment, expiring on January 21, 2028, and Marvell Technology (MRVL) call option sweeps with bullish sentiment, expiring on October 16, 2026.