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 will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels.

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

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
ONDS PUT TRADE BEARISH 04/17/26 $6.00 $152.0K 809 19.0K
IREN CALL TRADE BEARISH 05/15/26 $50.00 $53.2K 19.1K 8.6K
CRCL CALL TRADE NEUTRAL 01/15/27 $150.00 $3.9 million 3.8K 3.6K
NVTS CALL SWEEP BULLISH 05/01/26 $9.00 $138.3K 624 2.0K
MSTR PUT SWEEP NEUTRAL 12/17/27 $50.00 $34.7K 10.7K 1.8K
LITE PUT TRADE BULLISH 03/27/26 $700.00 $51.8K 779 1.2K
MCHP PUT SWEEP BEARISH 04/17/26 $60.00 $219.6K 2.1K 1.1K
AMD CALL TRADE BULLISH 04/17/26 $210.00 $76.5K 11.5K 1.1K
SNDK CALL TRADE BULLISH 04/02/26 $635.00 $42.5K 91 823
TSM CALL SWEEP BULLISH 12/15/28 $350.00 $30.5K 5.2K 668

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• Regarding ONDS (NASDAQ:ONDS), we observe a put option trade with bearish sentiment. It expires in 21 day(s) on April 17, 2026. Parties traded 19000 contract(s) at a $6.00 strike. The total cost received by the writing party (or parties) was $152.0K, with a price of $8.0 per contract. There were 809 open contracts at this strike prior to today, and today 19045 contract(s) were bought and sold.

• For IREN (NASDAQ:IREN), we notice a call option trade that happens to be bearish, expiring in 49 day(s) on May 15, 2026. This event was a transfer of 400 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $53.2K, with a price of $133.0 per contract. There were 19174 open contracts at this strike prior to today, and today 8609 contract(s) were bought and sold.

• Regarding CRCL (NYSE:CRCL), we observe a call option trade with neutral sentiment. It expires in 294 day(s) on January 15, 2027. Parties traded 3000 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $3.9 million, with a price of $1330.0 per contract. There were 3838 open contracts at this strike prior to today, and today 3659 contract(s) were bought and sold.

• Regarding NVTS (NASDAQ:NVTS), we observe a call option sweep with bullish sentiment. It expires in 35 day(s) on May 1, 2026. Parties traded 1973 contract(s) at a $9.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $138.3K, with a price of $70.0 per contract. There were 624 open contracts at this strike prior to today, and today 2039 contract(s) were bought and sold.

• Regarding MSTR (NASDAQ:MSTR), we observe a put option sweep with neutral sentiment. It expires in 630 day(s) on December 17, 2027. Parties traded 34 contract(s) at a $50.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $34.7K, with a price of $1021.0 per contract. There were 10717 open contracts at this strike prior to today, and today 1852 contract(s) were bought and sold.

• For LITE (NASDAQ:LITE), we notice a put option trade that happens to be bullish, is expiring today. Parties traded 85 contract(s) at a $700.00 strike. The total cost received by the writing party (or parties) was $51.8K, with a price of $610.0 per contract. There were 779 open contracts at this strike prior to today, and today 1238 contract(s) were bought and sold.

• Regarding MCHP (NASDAQ:MCHP), we observe a put option sweep with bearish sentiment. It expires in 21 day(s) on April 17, 2026. Parties traded 1159 contract(s) at a $60.00 strike. This particular put needed to be split into 48 different trades to become filled. The total cost received by the writing party (or parties) was $219.6K, with a price of $185.0 per contract. There were 2175 open contracts at this strike prior to today, and today 1171 contract(s) were bought and sold.

• For AMD (NASDAQ:AMD), we notice a call option trade that happens to be bullish, expiring in 21 day(s) on April 17, 2026. This event was a transfer of 111 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $76.5K, with a price of $690.0 per contract. There were 11586 open contracts at this strike prior to today, and today 1111 contract(s) were bought and sold.

• For SNDK (NASDAQ:SNDK), we notice a call option trade that happens to be bullish, expiring in 6 day(s) on April 2, 2026. This event was a transfer of 20 contract(s) at a $635.00 strike. The total cost received by the writing party (or parties) was $42.5K, with a price of $2129.0 per contract. There were 91 open contracts at this strike prior to today, and today 823 contract(s) were bought and sold.

• Regarding TSM (NYSE:TSM), we observe a call option sweep with bullish sentiment. It expires in 994 day(s) on December 15, 2028. Parties traded 3 contract(s) at a $350.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $30.5K, with a price of $10185.0 per contract. There were 5210 open contracts at this strike prior to today, and today 668 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.