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 07/15/26 $212.50 $25.1K 10.3K 128.5K
INTC PUT SWEEP BEARISH 07/17/26 $100.00 $85.3K 32.3K 10.4K
WULF CALL TRADE BEARISH 07/17/26 $19.00 $70.5K 1.0K 9.4K
ORCL PUT TRADE BEARISH 07/17/26 $125.00 $25.4K 5.2K 4.6K
MU PUT TRADE NEUTRAL 07/17/26 $950.00 $46.0K 3.4K 3.4K
SMCI CALL SWEEP BULLISH 07/17/26 $29.50 $26.6K 40.8K 3.2K
PLTR CALL SWEEP BULLISH 07/24/26 $135.00 $25.4K 1.3K 2.8K
FIG CALL TRADE BEARISH 09/18/26 $25.00 $760.0K 11.9K 2.5K
NBIS CALL TRADE NEUTRAL 08/21/26 $200.00 $27.4K 1.2K 2.2K
SNDK CALL SWEEP BEARISH 07/17/26 $1800.00 $239.6K 1.2K 1.9K

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, expiring in 1 day(s) on July 15, 2026. This event was a transfer of 225 contract(s) at a $212.50 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 $25.1K, with a price of $111.0 per contract. There were 10360 open contracts at this strike prior to today, and today 128511 contract(s) were bought and sold.

• For INTC (NASDAQ:INTC), we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on July 17, 2026. This event was a transfer of 662 contract(s) at a $100.00 strike. This particular put needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $85.3K, with a price of $129.0 per contract. There were 32376 open contracts at this strike prior to today, and today 10475 contract(s) were bought and sold.

• Regarding WULF (NASDAQ:WULF), we observe a call option trade with bearish sentiment. It expires in 3 day(s) on July 17, 2026. Parties traded 750 contract(s) at a $19.00 strike. The total cost received by the writing party (or parties) was $70.5K, with a price of $94.0 per contract. There were 1079 open contracts at this strike prior to today, and today 9490 contract(s) were bought and sold.

• For ORCL (NYSE:ORCL), we notice a put option trade that happens to be bearish, expiring in 3 day(s) on July 17, 2026. This event was a transfer of 200 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $25.4K, with a price of $127.0 per contract. There were 5244 open contracts at this strike prior to today, and today 4636 contract(s) were bought and sold.

• For MU (NASDAQ:MU), we notice a put option trade that happens to be neutral, expiring in 3 day(s) on July 17, 2026. This event was a transfer of 20 contract(s) at a $950.00 strike. The total cost received by the writing party (or parties) was $46.0K, with a price of $2304.0 per contract. There were 3490 open contracts at this strike prior to today, and today 3443 contract(s) were bought and sold.

• Regarding SMCI (NASDAQ:SMCI), we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on July 17, 2026. Parties traded 700 contract(s) at a $29.50 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 $26.6K, with a price of $38.0 per contract. There were 40851 open contracts at this strike prior to today, and today 3283 contract(s) were bought and sold.

• Regarding PLTR (NASDAQ:PLTR), we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on July 24, 2026. Parties traded 53 contract(s) at a $135.00 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 $25.4K, with a price of $480.0 per contract. There were 1344 open contracts at this strike prior to today, and today 2864 contract(s) were bought and sold.

• Regarding FIG (NYSE:FIG), we observe a call option trade with bearish sentiment. It expires in 66 day(s) on September 18, 2026. Parties traded 2000 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $760.0K, with a price of $380.0 per contract. There were 11914 open contracts at this strike prior to today, and today 2530 contract(s) were bought and sold.

• For NBIS (NASDAQ:NBIS), we notice a call option trade that happens to be neutral, expiring in 38 day(s) on August 21, 2026. This event was a transfer of 8 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $27.4K, with a price of $3430.0 per contract. There were 1271 open contracts at this strike prior to today, and today 2240 contract(s) were bought and sold.

• Regarding SNDK (NASDAQ:SNDK), we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on July 17, 2026. Parties traded 31 contract(s) at a $1800.00 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 $239.6K, with a price of $7730.0 per contract. There were 1288 open contracts at this strike prior to today, and today 1991 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.