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 07/24/26 $210.00 $25.1K 83.7K 481.7K
MSTR CALL SWEEP BEARISH 07/31/26 $96.50 $37.5K 138 15.3K
SMCI PUT TRADE BEARISH 07/24/26 $32.00 $27.2K 3.1K 5.5K
NOK CALL SWEEP BULLISH 08/21/26 $10.00 $42.1K 28.7K 3.4K
SNDK PUT TRADE BULLISH 07/31/26 $1500.00 $55.0K 3.6K 2.6K
CRM CALL TRADE BEARISH 08/21/26 $170.00 $31.4K 5.8K 2.1K
LRCX CALL TRADE BEARISH 07/31/26 $332.50 $27.7K 23 2.0K
TSM CALL TRADE BEARISH 07/31/26 $410.00 $26.5K 2.8K 1.6K
MU PUT SWEEP BULLISH 07/29/26 $750.00 $173.2K 481 1.5K
AMD CALL TRADE BULLISH 07/27/26 $540.00 $25.0K 444 1.0K

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 298 contract(s) at a $210.00 strike. This particular call needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $25.1K, with a price of $84.0 per contract. There were 83743 open contracts at this strike prior to today, and today 481744 contract(s) were bought and sold.

• Regarding MSTR (NASDAQ:MSTR), we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on July 31, 2026. Parties traded 121 contract(s) at a $96.50 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 $37.5K, with a price of $310.0 per contract. There were 138 open contracts at this strike prior to today, and today 15360 contract(s) were bought and sold.

• For SMCI (NASDAQ:SMCI), we notice a put option trade that happens to be bearish, is expiring today. Parties traded 250 contract(s) at a $32.00 strike. The total cost received by the writing party (or parties) was $27.2K, with a price of $109.0 per contract. There were 3131 open contracts at this strike prior to today, and today 5586 contract(s) were bought and sold.

• Regarding NOK (NYSE:NOK), we observe a call option sweep with bullish sentiment. It expires in 28 day(s) on August 21, 2026. Parties traded 1000 contract(s) at a $10.00 strike. This particular call needed to be split into 49 different trades to become filled. The total cost received by the writing party (or parties) was $42.1K, with a price of $42.0 per contract. There were 28715 open contracts at this strike prior to today, and today 3413 contract(s) were bought and sold.

• For SNDK (NASDAQ:SNDK), we notice a put option trade that happens to be bullish, expiring in 7 day(s) on July 31, 2026. This event was a transfer of 5 contract(s) at a $1500.00 strike. The total cost received by the writing party (or parties) was $55.0K, with a price of $11000.0 per contract. There were 3692 open contracts at this strike prior to today, and today 2604 contract(s) were bought and sold.

• For CRM (NYSE:CRM), we notice a call option trade that happens to be bearish, expiring in 28 day(s) on August 21, 2026. This event was a transfer of 61 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $31.4K, with a price of $515.0 per contract. There were 5839 open contracts at this strike prior to today, and today 2173 contract(s) were bought and sold.

• Regarding LRCX (NASDAQ:LRCX), we observe a call option trade with bearish sentiment. It expires in 7 day(s) on July 31, 2026. Parties traded 24 contract(s) at a $332.50 strike. The total cost received by the writing party (or parties) was $27.7K, with a price of $1155.0 per contract. There were 23 open contracts at this strike prior to today, and today 2049 contract(s) were bought and sold.

• Regarding TSM (NYSE:TSM), we observe a call option trade with bearish sentiment. It expires in 7 day(s) on July 31, 2026. Parties traded 25 contract(s) at a $410.00 strike. The total cost received by the writing party (or parties) was $26.5K, with a price of $1060.0 per contract. There were 2824 open contracts at this strike prior to today, and today 1620 contract(s) were bought and sold.

• For MU (NASDAQ:MU), we notice a put option sweep that happens to be bullish, expiring in 5 day(s) on July 29, 2026. This event was a transfer of 502 contract(s) at a $750.00 strike. This particular put needed to be split into 43 different trades to become filled. The total cost received by the writing party (or parties) was $173.2K, with a price of $345.0 per contract. There were 481 open contracts at this strike prior to today, and today 1590 contract(s) were bought and sold.

• For AMD (NASDAQ:AMD), we notice a call option trade that happens to be bullish, expiring in 3 day(s) on July 27, 2026. This event was a transfer of 30 contract(s) at a $540.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $834.0 per contract. There were 444 open contracts at this strike prior to today, and today 1075 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.