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 often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels.

Below are some instances of options activity happening in the Industrials sector:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
DAL CALL TRADE BEARISH 03/20/26 $65.00 $60.0K 11.1K 2.2K
SMR PUT TRADE BEARISH 05/15/26 $9.00 $31.9K 414 484
UNF PUT TRADE BEARISH 01/15/27 $195.00 $90.0K 0 400
BE CALL TRADE NEUTRAL 04/17/26 $165.00 $26.4K 624 262
HON CALL TRADE BEARISH 09/18/26 $260.00 $47.5K 1.6K 119
CAT PUT SWEEP BEARISH 09/18/26 $640.00 $76.8K 117 85
ALK CALL TRADE BEARISH 01/21/28 $30.00 $82.5K 11 50
LUV PUT SWEEP BEARISH 04/17/26 $52.50 $53.3K 573 41
CRS CALL TRADE BULLISH 09/18/26 $440.00 $48.7K 1 15
GEV CALL SWEEP BEARISH 03/20/26 $790.00 $42.2K 124 13

Explanation

These itemized elaborations have been created using the accompanying table.

• For DAL (NYSE:DAL), we notice a call option trade that happens to be bearish, expiring in 4 day(s) on March 20, 2026. This event was a transfer of 2000 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $60.0K, with a price of $30.0 per contract. There were 11127 open contracts at this strike prior to today, and today 2266 contract(s) were bought and sold.

• Regarding SMR (NYSE:SMR), we observe a put option trade with bearish sentiment. It expires in 60 day(s) on May 15, 2026. Parties traded 463 contract(s) at a $9.00 strike. The total cost received by the writing party (or parties) was $31.9K, with a price of $69.0 per contract. There were 414 open contracts at this strike prior to today, and today 484 contract(s) were bought and sold.

• Regarding UNF (NYSE:UNF), we observe a put option trade with bearish sentiment. It expires in 305 day(s) on January 15, 2027. Parties traded 300 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $90.0K, with a price of $300.0 per contract. There were 0 open contracts at this strike prior to today, and today 400 contract(s) were bought and sold.

• For BE (NYSE:BE), we notice a call option trade that happens to be neutral, expiring in 32 day(s) on April 17, 2026. This event was a transfer of 20 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $26.4K, with a price of $1320.0 per contract. There were 624 open contracts at this strike prior to today, and today 262 contract(s) were bought and sold.

• Regarding HON (NASDAQ:HON), we observe a call option trade with bearish sentiment. It expires in 186 day(s) on September 18, 2026. Parties traded 49 contract(s) at a $260.00 strike. The total cost received by the writing party (or parties) was $47.5K, with a price of $970.0 per contract. There were 1602 open contracts at this strike prior to today, and today 119 contract(s) were bought and sold.

• For CAT (NYSE:CAT), we notice a put option sweep that happens to be bearish, expiring in 186 day(s) on September 18, 2026. This event was a transfer of 15 contract(s) at a $640.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $76.8K, with a price of $5125.0 per contract. There were 117 open contracts at this strike prior to today, and today 85 contract(s) were bought and sold.

• For ALK (NYSE:ALK), we notice a call option trade that happens to be bearish, expiring in 676 day(s) on January 21, 2028. This event was a transfer of 50 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $82.5K, with a price of $1650.0 per contract. There were 11 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold.

• For LUV (NYSE:LUV), we notice a put option sweep that happens to be bearish, expiring in 32 day(s) on April 17, 2026. This event was a transfer of 41 contract(s) at a $52.50 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $53.3K, with a price of $1300.0 per contract. There were 573 open contracts at this strike prior to today, and today 41 contract(s) were bought and sold.

• Regarding CRS (NYSE:CRS), we observe a call option trade with bullish sentiment. It expires in 186 day(s) on September 18, 2026. Parties traded 15 contract(s) at a $440.00 strike. The total cost received by the writing party (or parties) was $48.7K, with a price of $3250.0 per contract. There were 1 open contracts at this strike prior to today, and today 15 contract(s) were bought and sold.

• Regarding GEV (NYSE:GEV), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on March 20, 2026. Parties traded 11 contract(s) at a $790.00 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 $42.2K, with a price of $3840.0 per contract. There were 124 open contracts at this strike prior to today, and today 13 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.