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
AAPL CALL SWEEP BEARISH 04/24/26 $270.00 $34.7K 11.8K 36.8K
NVDA CALL SWEEP BEARISH 05/08/26 $220.00 $59.8K 3.0K 19.4K
INTC CALL TRADE BULLISH 06/18/26 $95.00 $44.5K 10.4K 14.3K
SMCI CALL SWEEP BULLISH 05/15/26 $30.00 $29.8K 28.0K 6.0K
TSM CALL TRADE BULLISH 06/18/26 $400.00 $32.4K 18.4K 3.6K
GLW CALL SWEEP BEARISH 05/15/26 $200.00 $34.9K 2.4K 3.3K
AMD CALL SWEEP BEARISH 06/18/26 $600.00 $258.5K 17 3.1K
POET CALL TRADE BEARISH 01/15/27 $7.00 $44.5K 46.5K 2.9K
MU PUT TRADE BULLISH 05/01/26 $500.00 $25.0K 237 2.3K
CRDO CALL SWEEP BULLISH 05/15/26 $190.00 $82.6K 2.2K 1.6K

Explanation

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

• For AAPL (NASDAQ:AAPL), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 496 contract(s) at a $270.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $34.7K, with a price of $70.0 per contract. There were 11867 open contracts at this strike prior to today, and today 36854 contract(s) were bought and sold.

• For NVDA (NASDAQ:NVDA), we notice a call option sweep that happens to be bearish, expiring in 14 day(s) on May 8, 2026. This event was a transfer of 230 contract(s) at a $220.00 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 $59.8K, with a price of $260.0 per contract. There were 3031 open contracts at this strike prior to today, and today 19404 contract(s) were bought and sold.

• Regarding INTC (NASDAQ:INTC), we observe a call option trade with bullish sentiment. It expires in 55 day(s) on June 18, 2026. Parties traded 100 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $44.5K, with a price of $445.0 per contract. There were 10421 open contracts at this strike prior to today, and today 14322 contract(s) were bought and sold.

• Regarding SMCI (NASDAQ:SMCI), we observe a call option sweep with bullish sentiment. It expires in 21 day(s) on May 15, 2026. Parties traded 145 contract(s) at a $30.00 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 $29.8K, with a price of $206.0 per contract. There were 28078 open contracts at this strike prior to today, and today 6049 contract(s) were bought and sold.

• Regarding TSM (NYSE:TSM), we observe a call option trade with bullish sentiment. It expires in 55 day(s) on June 18, 2026. Parties traded 10 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $32.4K, with a price of $3240.0 per contract. There were 18473 open contracts at this strike prior to today, and today 3697 contract(s) were bought and sold.

• Regarding GLW (NYSE:GLW), we observe a call option sweep with bearish sentiment. It expires in 21 day(s) on May 15, 2026. Parties traded 50 contract(s) at a $200.00 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 $34.9K, with a price of $695.0 per contract. There were 2440 open contracts at this strike prior to today, and today 3347 contract(s) were bought and sold.

• For AMD (NASDAQ:AMD), we notice a call option sweep that happens to be bearish, expiring in 55 day(s) on June 18, 2026. This event was a transfer of 1792 contract(s) at a $600.00 strike. This particular call needed to be split into 42 different trades to become filled. The total cost received by the writing party (or parties) was $258.5K, with a price of $147.0 per contract. There were 17 open contracts at this strike prior to today, and today 3168 contract(s) were bought and sold.

• Regarding POET (NASDAQ:POET), we observe a call option trade with bearish sentiment. It expires in 266 day(s) on January 15, 2027. Parties traded 50 contract(s) at a $7.00 strike. The total cost received by the writing party (or parties) was $44.5K, with a price of $890.0 per contract. There were 46567 open contracts at this strike prior to today, and today 2983 contract(s) were bought and sold.

• Regarding MU (NASDAQ:MU), we observe a put option trade with bullish sentiment. It expires in 7 day(s) on May 1, 2026. Parties traded 10 contract(s) at a $500.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $2507.0 per contract. There were 237 open contracts at this strike prior to today, and today 2382 contract(s) were bought and sold.

• For CRDO (NASDAQ:CRDO), we notice a call option sweep that happens to be bullish, expiring in 21 day(s) on May 15, 2026. This event was a transfer of 39 contract(s) at a $190.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $82.6K, with a price of $2130.0 per contract. There were 2211 open contracts at this strike prior to today, and today 1613 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 news on unusual options activity.

This article was generated by Benzinga's automated content engine and reviewed by an editor.