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 BULLISH 12/18/26 $100.00 $34.3K 16.6K 903
IREN CALL TRADE BEARISH 09/18/26 $110.00 $34.6K 193 40
ASML CALL SWEEP BULLISH 01/15/27 $1100.00 $545.2K 106 32
ADBE PUT TRADE BEARISH 01/21/28 $330.00 $71.8K 87 27
CSCO CALL TRADE BULLISH 01/21/28 $75.00 $27.6K 1.9K 25
MDB CALL SWEEP NEUTRAL 09/18/26 $490.00 $44.6K 584 24
PANW CALL TRADE BEARISH 09/18/26 $125.00 $147.0K 181 20
ORCL CALL TRADE BEARISH 01/15/27 $125.00 $134.7K 137 17
SNOW PUT TRADE BULLISH 12/18/26 $260.00 $29.9K 43 6
MSFT PUT TRADE BULLISH 06/16/28 $490.00 $33.5K 4 5

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 bullish, expiring in 137 day(s) on December 18, 2026. This event was a transfer of 4 contract(s) at a $100.00 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 $34.3K, with a price of $8600.0 per contract. There were 16677 open contracts at this strike prior to today, and today 903 contract(s) were bought and sold.

• For IREN (NASDAQ:IREN), we notice a call option trade that happens to be bearish, expiring in 46 day(s) on September 18, 2026. This event was a transfer of 40 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $34.6K, with a price of $865.0 per contract. There were 193 open contracts at this strike prior to today, and today 40 contract(s) were bought and sold.

• For ASML (NASDAQ:ASML), we notice a call option sweep that happens to be bullish, expiring in 165 day(s) on January 15, 2027. This event was a transfer of 32 contract(s) at a $1100.00 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 $545.2K, with a price of $17090.0 per contract. There were 106 open contracts at this strike prior to today, and today 32 contract(s) were bought and sold.

• Regarding ADBE (NASDAQ:ADBE), we observe a put option trade with bearish sentiment. It expires in 536 day(s) on January 21, 2028. Parties traded 11 contract(s) at a $330.00 strike. The total cost received by the writing party (or parties) was $71.8K, with a price of $6530.0 per contract. There were 87 open contracts at this strike prior to today, and today 27 contract(s) were bought and sold.

• For CSCO (NASDAQ:CSCO), we notice a call option trade that happens to be bullish, expiring in 536 day(s) on January 21, 2028. This event was a transfer of 20 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $27.6K, with a price of $1381.0 per contract. There were 1965 open contracts at this strike prior to today, and today 25 contract(s) were bought and sold.

• For MDB (NASDAQ:MDB), we notice a call option sweep that happens to be neutral, expiring in 46 day(s) on September 18, 2026. This event was a transfer of 14 contract(s) at a $490.00 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 $44.6K, with a price of $3204.0 per contract. There were 584 open contracts at this strike prior to today, and today 24 contract(s) were bought and sold.

• For PANW (NASDAQ:PANW), we notice a call option trade that happens to be bearish, expiring in 46 day(s) on September 18, 2026. This event was a transfer of 20 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $147.0K, with a price of $7350.0 per contract. There were 181 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold.

• For ORCL (NYSE:ORCL), we notice a call option trade that happens to be bearish, expiring in 165 day(s) on January 15, 2027. This event was a transfer of 15 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $134.7K, with a price of $8980.0 per contract. There were 137 open contracts at this strike prior to today, and today 17 contract(s) were bought and sold.

• For SNOW (NYSE:SNOW), we notice a put option trade that happens to be bullish, expiring in 137 day(s) on December 18, 2026. This event was a transfer of 6 contract(s) at a $260.00 strike. The total cost received by the writing party (or parties) was $29.9K, with a price of $4995.0 per contract. There were 43 open contracts at this strike prior to today, and today 6 contract(s) were bought and sold.

• Regarding MSFT (NASDAQ:MSFT), we observe a put option trade with bullish sentiment. It expires in 683 day(s) on June 16, 2028. Parties traded 5 contract(s) at a $490.00 strike. The total cost received by the writing party (or parties) was $33.5K, with a price of $6700.0 per contract. There were 4 open contracts at this strike prior to today, and today 5 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.