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
NVDA CALL SWEEP BEARISH 06/10/26 $200.00 $32.3K 2.5K 8.6K
HPE CALL SWEEP BEARISH 09/18/26 $55.00 $301.0K 12.5K 7.1K
IREN PUT SWEEP BULLISH 06/18/26 $40.00 $32.3K 11.7K 6.4K
MU CALL TRADE BEARISH 06/12/26 $900.00 $30.9K 3.6K 5.6K
SOUN CALL SWEEP BEARISH 10/16/26 $14.00 $72.5K 2.1K 2.3K
PLTR PUT SWEEP BEARISH 01/15/27 $140.00 $57.2K 6.6K 2.2K
NOK PUT TRADE BULLISH 11/20/26 $11.00 $288.0K 25 2.0K
MRVL CALL SWEEP BULLISH 07/17/26 $310.00 $26.1K 4.4K 1.6K
ORCL PUT SWEEP BULLISH 06/18/26 $190.00 $102.1K 17.0K 1.3K
NOW CALL SWEEP BEARISH 08/21/26 $110.00 $89.7K 5.3K 1.2K

Explanation

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

• For NVDA (NASDAQ:NVDA), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 132 contract(s) at a $200.00 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 $32.3K, with a price of $245.0 per contract. There were 2576 open contracts at this strike prior to today, and today 8607 contract(s) were bought and sold.

• For HPE (NYSE:HPE), we notice a call option sweep that happens to be bearish, expiring in 100 day(s) on September 18, 2026. This event was a transfer of 792 contract(s) at a $55.00 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 $301.0K, with a price of $380.0 per contract. There were 12586 open contracts at this strike prior to today, and today 7112 contract(s) were bought and sold.

• For IREN (NASDAQ:IREN), we notice a put option sweep that happens to be bullish, expiring in 8 day(s) on June 18, 2026. This event was a transfer of 588 contract(s) at a $40.00 strike. This particular put needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $32.3K, with a price of $55.0 per contract. There were 11797 open contracts at this strike prior to today, and today 6422 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 June 12, 2026. This event was a transfer of 10 contract(s) at a $900.00 strike. The total cost received by the writing party (or parties) was $30.9K, with a price of $3090.0 per contract. There were 3636 open contracts at this strike prior to today, and today 5693 contract(s) were bought and sold.

• Regarding SOUN (NASDAQ:SOUN), we observe a call option sweep with bearish sentiment. It expires in 128 day(s) on October 16, 2026. Parties traded 2267 contract(s) at a $14.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $72.5K, with a price of $32.0 per contract. There were 2175 open contracts at this strike prior to today, and today 2353 contract(s) were bought and sold.

• Regarding PLTR (NASDAQ:PLTR), we observe a put option sweep with bearish sentiment. It expires in 219 day(s) on January 15, 2027. Parties traded 22 contract(s) at a $140.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $57.2K, with a price of $2600.0 per contract. There were 6617 open contracts at this strike prior to today, and today 2281 contract(s) were bought and sold.

• For NOK (NYSE:NOK), we notice a put option trade that happens to be bullish, expiring in 163 day(s) on November 20, 2026. This event was a transfer of 2000 contract(s) at a $11.00 strike. The total cost received by the writing party (or parties) was $288.0K, with a price of $144.0 per contract. There were 25 open contracts at this strike prior to today, and today 2000 contract(s) were bought and sold.

• Regarding MRVL (NASDAQ:MRVL), we observe a call option sweep with bullish sentiment. It expires in 37 day(s) on July 17, 2026. Parties traded 16 contract(s) at a $310.00 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 $26.1K, with a price of $1635.0 per contract. There were 4456 open contracts at this strike prior to today, and today 1674 contract(s) were bought and sold.

• For ORCL (NYSE:ORCL), we notice a put option sweep that happens to be bullish, expiring in 8 day(s) on June 18, 2026. This event was a transfer of 139 contract(s) at a $190.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $102.1K, with a price of $735.0 per contract. There were 17098 open contracts at this strike prior to today, and today 1322 contract(s) were bought and sold.

• For NOW (NYSE:NOW), we notice a call option sweep that happens to be bearish, expiring in 72 day(s) on August 21, 2026. This event was a transfer of 70 contract(s) at a $110.00 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 $89.7K, with a price of $1280.0 per contract. There were 5334 open contracts at this strike prior to today, and today 1220 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.