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
NVDA CALL SWEEP BEARISH 05/27/26 $212.50 $31.1K 4.1K 244.6K
IREN CALL SWEEP BEARISH 05/29/26 $65.00 $102.7K 23.1K 61.1K
MSTR PUT TRADE BULLISH 06/17/27 $20.00 $73.5K 15.0K 8.9K
NOK CALL SWEEP BULLISH 09/18/26 $20.00 $35.0K 41.0K 8.4K
MU CALL TRADE BEARISH 05/29/26 $910.00 $31.5K 1.1K 7.6K
ONDS CALL TRADE BULLISH 07/17/26 $11.00 $27.2K 15.0K 4.2K
POET CALL TRADE BULLISH 01/15/27 $17.00 $36.9K 12.0K 2.8K
CRM CALL SWEEP BEARISH 05/29/26 $180.00 $84.6K 1.8K 1.5K
QCOM CALL SWEEP BULLISH 07/17/26 $270.00 $62.7K 3.9K 1.5K
CBRS CALL TRADE BEARISH 07/17/26 $500.00 $30.1K 1.8K 1.1K

Explanation

These itemized elaborations have been created using the accompanying table.

• For NVDA (NASDAQ:NVDA), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 536 contract(s) at a $212.50 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $31.1K, with a price of $59.0 per contract. There were 4130 open contracts at this strike prior to today, and today 244632 contract(s) were bought and sold.

• For IREN (NASDAQ:IREN), we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on May 29, 2026. This event was a transfer of 375 contract(s) at a $65.00 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 $102.7K, with a price of $274.0 per contract. There were 23120 open contracts at this strike prior to today, and today 61199 contract(s) were bought and sold.

• For MSTR (NASDAQ:MSTR), we notice a put option trade that happens to be bullish, expiring in 386 day(s) on June 17, 2027. This event was a transfer of 1050 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $73.5K, with a price of $70.0 per contract. There were 15052 open contracts at this strike prior to today, and today 8901 contract(s) were bought and sold.

• For NOK (NYSE:NOK), we notice a call option sweep that happens to be bullish, expiring in 114 day(s) on September 18, 2026. This event was a transfer of 197 contract(s) at a $20.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $35.0K, with a price of $177.0 per contract. There were 41064 open contracts at this strike prior to today, and today 8430 contract(s) were bought and sold.

• For MU (NASDAQ:MU), we notice a call option trade that happens to be bearish, expiring in 2 day(s) on May 29, 2026. This event was a transfer of 10 contract(s) at a $910.00 strike. The total cost received by the writing party (or parties) was $31.5K, with a price of $3151.0 per contract. There were 1158 open contracts at this strike prior to today, and today 7629 contract(s) were bought and sold.

• Regarding ONDS (NASDAQ:ONDS), we observe a call option trade with bullish sentiment. It expires in 51 day(s) on July 17, 2026. Parties traded 200 contract(s) at a $11.00 strike. The total cost received by the writing party (or parties) was $27.2K, with a price of $136.0 per contract. There were 15030 open contracts at this strike prior to today, and today 4228 contract(s) were bought and sold.

• For POET (NASDAQ:POET), we notice a call option trade that happens to be bullish, expiring in 233 day(s) on January 15, 2027. This event was a transfer of 94 contract(s) at a $17.00 strike. The total cost received by the writing party (or parties) was $36.9K, with a price of $393.0 per contract. There were 12082 open contracts at this strike prior to today, and today 2837 contract(s) were bought and sold.

• Regarding CRM (NYSE:CRM), we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on May 29, 2026. Parties traded 120 contract(s) at a $180.00 strike. This particular call needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $84.6K, with a price of $705.0 per contract. There were 1882 open contracts at this strike prior to today, and today 1540 contract(s) were bought and sold.

• For QCOM (NASDAQ:QCOM), we notice a call option sweep that happens to be bullish, expiring in 51 day(s) on July 17, 2026. This event was a transfer of 43 contract(s) at a $270.00 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 $62.7K, with a price of $1460.0 per contract. There were 3946 open contracts at this strike prior to today, and today 1504 contract(s) were bought and sold.

• Regarding CBRS (NASDAQ:CBRS), we observe a call option trade with bearish sentiment. It expires in 51 day(s) on July 17, 2026. Parties traded 58 contract(s) at a $500.00 strike. The total cost received by the writing party (or parties) was $30.1K, with a price of $520.0 per contract. There were 1849 open contracts at this strike prior to today, and today 1130 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.