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
MU PUT SWEEP BEARISH 08/05/26 $920.00 $77.9K 302 17.3K
DELL CALL SWEEP BULLISH 08/21/26 $500.00 $245.3K 3.8K 3.4K
NBIS CALL SWEEP BEARISH 08/14/26 $225.00 $43.5K 1.9K 3.4K
ONDS CALL TRADE BULLISH 01/21/28 $4.00 $26.4K 4.4K 2.6K
SNDK CALL TRADE NEUTRAL 08/07/26 $1600.00 $29.8K 1.2K 2.6K
HUT CALL TRADE BULLISH 08/21/26 $105.00 $28.0K 3.8K 1.6K
MRVL CALL TRADE BULLISH 09/18/26 $210.00 $3.5 million 1.8K 1.2K
MSTR CALL TRADE BEARISH 08/07/26 $94.00 $31.7K 14.5K 1.1K
TSM CALL TRADE BEARISH 08/21/26 $420.00 $51.0K 14.6K 674
ANET CALL TRADE BEARISH 01/21/28 $220.00 $70.3K 1.7K 507

Explanation

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

• For MU (NASDAQ:MU), we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 98 contract(s) at a $920.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $77.9K, with a price of $795.0 per contract. There were 302 open contracts at this strike prior to today, and today 17342 contract(s) were bought and sold.

• Regarding DELL (NYSE:DELL), we observe a call option sweep with bullish sentiment. It expires in 16 day(s) on August 21, 2026. Parties traded 98 contract(s) at a $500.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $245.3K, with a price of $2500.0 per contract. There were 3847 open contracts at this strike prior to today, and today 3461 contract(s) were bought and sold.

• Regarding NBIS (NASDAQ:NBIS), we observe a call option sweep with bearish sentiment. It expires in 9 day(s) on August 14, 2026. Parties traded 19 contract(s) at a $225.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $43.5K, with a price of $2290.0 per contract. There were 1940 open contracts at this strike prior to today, and today 3412 contract(s) were bought and sold.

• Regarding ONDS (NASDAQ:ONDS), we observe a call option trade with bullish sentiment. It expires in 534 day(s) on January 21, 2028. Parties traded 44 contract(s) at a $4.00 strike. The total cost received by the writing party (or parties) was $26.4K, with a price of $600.0 per contract. There were 4465 open contracts at this strike prior to today, and today 2628 contract(s) were bought and sold.

• Regarding SNDK (NASDAQ:SNDK), we observe a call option trade with neutral sentiment. It expires in 2 day(s) on August 7, 2026. Parties traded 10 contract(s) at a $1600.00 strike. The total cost received by the writing party (or parties) was $29.8K, with a price of $2980.0 per contract. There were 1247 open contracts at this strike prior to today, and today 2602 contract(s) were bought and sold.

• Regarding HUT (NASDAQ:HUT), we observe a call option trade with bullish sentiment. It expires in 16 day(s) on August 21, 2026. Parties traded 50 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $560.0 per contract. There were 3837 open contracts at this strike prior to today, and today 1678 contract(s) were bought and sold.

• Regarding MRVL (NASDAQ:MRVL), we observe a call option trade with bullish sentiment. It expires in 44 day(s) on September 18, 2026. Parties traded 1150 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $3.5 million, with a price of $3045.0 per contract. There were 1853 open contracts at this strike prior to today, and today 1269 contract(s) were bought and sold.

• For MSTR (NASDAQ:MSTR), we notice a call option trade that happens to be bearish, expiring in 2 day(s) on August 7, 2026. This event was a transfer of 69 contract(s) at a $94.00 strike. The total cost received by the writing party (or parties) was $31.7K, with a price of $460.0 per contract. There were 14577 open contracts at this strike prior to today, and today 1115 contract(s) were bought and sold.

• For TSM (NYSE:TSM), we notice a call option trade that happens to be bearish, expiring in 16 day(s) on August 21, 2026. This event was a transfer of 39 contract(s) at a $420.00 strike. The total cost received by the writing party (or parties) was $51.0K, with a price of $1310.0 per contract. There were 14626 open contracts at this strike prior to today, and today 674 contract(s) were bought and sold.

• For ANET (NYSE:ANET), we notice a call option trade that happens to be bearish, expiring in 534 day(s) on January 21, 2028. This event was a transfer of 13 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $70.3K, with a price of $5415.0 per contract. There were 1739 open contracts at this strike prior to today, and today 507 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.