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 Information Technology sector:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
MU CALL SWEEP BULLISH 05/29/26 $1000.00 $34.8K 5.3K 38.3K
PLTR CALL SWEEP BULLISH 05/29/26 $140.00 $33.3K 21.7K 14.1K
TE CALL SWEEP BEARISH 06/18/26 $15.00 $41.2K 4.6K 7.3K
NOK CALL TRADE BEARISH 12/18/26 $20.00 $410.4K 14.7K 5.3K
MRVL CALL TRADE NEUTRAL 08/21/26 $210.00 $86.6K 486 3.7K
VIAV CALL SWEEP NEUTRAL 06/18/26 $60.00 $26.7K 9.9K 2.9K
INTC CALL SWEEP BEARISH 07/17/26 $140.00 $47.3K 4.4K 2.7K
ZS CALL SWEEP BULLISH 05/29/26 $230.00 $91.4K 673 2.6K
ZETA CALL SWEEP BULLISH 09/18/26 $22.50 $27.7K 11.5K 2.2K
DELL CALL SWEEP BULLISH 05/29/26 $350.00 $85.1K 425 1.6K

Explanation

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

• For MU (NASDAQ:MU), we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on May 29, 2026. This event was a transfer of 40 contract(s) at a $1000.00 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 $34.8K, with a price of $870.0 per contract. There were 5340 open contracts at this strike prior to today, and today 38338 contract(s) were bought and sold.

• Regarding PLTR (NASDAQ:PLTR), we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on May 29, 2026. Parties traded 215 contract(s) at a $140.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $33.3K, with a price of $155.0 per contract. There were 21739 open contracts at this strike prior to today, and today 14171 contract(s) were bought and sold.

• For TE (NYSE:TE), we notice a call option sweep that happens to be bearish, expiring in 23 day(s) on June 18, 2026. This event was a transfer of 500 contract(s) at a $15.00 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 $41.2K, with a price of $82.0 per contract. There were 4636 open contracts at this strike prior to today, and today 7392 contract(s) were bought and sold.

• For NOK (NYSE:NOK), we notice a call option trade that happens to be bearish, expiring in 206 day(s) on December 18, 2026. This event was a transfer of 1368 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $410.4K, with a price of $300.0 per contract. There were 14715 open contracts at this strike prior to today, and today 5300 contract(s) were bought and sold.

• For MRVL (NASDAQ:MRVL), we notice a call option trade that happens to be neutral, expiring in 87 day(s) on August 21, 2026. This event was a transfer of 25 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $86.6K, with a price of $3465.0 per contract. There were 486 open contracts at this strike prior to today, and today 3754 contract(s) were bought and sold.

• For VIAV (NASDAQ:VIAV), we notice a call option sweep that happens to be neutral, expiring in 23 day(s) on June 18, 2026. This event was a transfer of 96 contract(s) at a $60.00 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 $26.7K, with a price of $276.0 per contract. There were 9978 open contracts at this strike prior to today, and today 2933 contract(s) were bought and sold.

• Regarding INTC (NASDAQ:INTC), we observe a call option sweep with bearish sentiment. It expires in 52 day(s) on July 17, 2026. Parties traded 52 contract(s) at a $140.00 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 $47.3K, with a price of $910.0 per contract. There were 4443 open contracts at this strike prior to today, and today 2796 contract(s) were bought and sold.

• Regarding ZS (NASDAQ:ZS), we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on May 29, 2026. Parties traded 341 contract(s) at a $230.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $91.4K, with a price of $278.0 per contract. There were 673 open contracts at this strike prior to today, and today 2602 contract(s) were bought and sold.

• For ZETA (NYSE:ZETA), we notice a call option sweep that happens to be bullish, expiring in 115 day(s) on September 18, 2026. This event was a transfer of 129 contract(s) at a $22.50 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $27.7K, with a price of $215.0 per contract. There were 11558 open contracts at this strike prior to today, and today 2286 contract(s) were bought and sold.

• For DELL (NYSE:DELL), we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on May 29, 2026. This event was a transfer of 198 contract(s) at a $350.00 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 $85.1K, with a price of $430.0 per contract. There were 425 open contracts at this strike prior to today, and today 1636 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.