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.

Here's the list of options activity happening in today's session:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
SPCX PUT TRADE BEARISH 08/07/26 $128.00 $25.0K 191 23.5K
NFLX PUT SWEEP BEARISH 09/18/26 $63.00 $164.5K 2.8K 6.1K
RDDT CALL TRADE NEUTRAL 08/14/26 $165.00 $30.5K 618 544
ASTS PUT SWEEP NEUTRAL 01/15/27 $75.00 $54.1K 2.6K 436
META CALL SWEEP NEUTRAL 11/20/26 $590.00 $27.9K 2.2K 310
GOOG CALL SWEEP NEUTRAL 12/18/26 $370.00 $33.2K 1.5K 116
MGNI CALL SWEEP BEARISH 01/21/28 $35.00 $41.6K 960 74
APP PUT TRADE BEARISH 01/15/27 $380.00 $113.8K 483 50

Explanation

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

• For SPCX (NASDAQ:SPCX), we notice a put option trade that happens to be bearish, is expiring today. Parties traded 200 contract(s) at a $128.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $125.0 per contract. There were 191 open contracts at this strike prior to today, and today 23565 contract(s) were bought and sold.

• Regarding NFLX (NASDAQ:NFLX), we observe a put option sweep with bearish sentiment. It expires in 42 day(s) on September 18, 2026. Parties traded 6096 contract(s) at a $63.00 strike. This particular put needed to be split into 55 different trades to become filled. The total cost received by the writing party (or parties) was $164.5K, with a price of $27.0 per contract. There were 2885 open contracts at this strike prior to today, and today 6173 contract(s) were bought and sold.

• Regarding RDDT (NYSE:RDDT), we observe a call option trade with neutral sentiment. It expires in 7 day(s) on August 14, 2026. Parties traded 100 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $30.5K, with a price of $305.0 per contract. There were 618 open contracts at this strike prior to today, and today 544 contract(s) were bought and sold.

• For ASTS (NASDAQ:ASTS), we notice a put option sweep that happens to be neutral, expiring in 161 day(s) on January 15, 2027. This event was a transfer of 27 contract(s) at a $75.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $54.1K, with a price of $2005.0 per contract. There were 2637 open contracts at this strike prior to today, and today 436 contract(s) were bought and sold.

• Regarding META (NASDAQ:META), we observe a call option sweep with neutral sentiment. It expires in 105 day(s) on November 20, 2026. Parties traded 5 contract(s) at a $590.00 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 $27.9K, with a price of $5585.0 per contract. There were 2230 open contracts at this strike prior to today, and today 310 contract(s) were bought and sold.

• For GOOG (NASDAQ:GOOG), we notice a call option sweep that happens to be neutral, expiring in 133 day(s) on December 18, 2026. This event was a transfer of 14 contract(s) at a $370.00 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 $33.2K, with a price of $2386.0 per contract. There were 1542 open contracts at this strike prior to today, and today 116 contract(s) were bought and sold.

• Regarding MGNI (NASDAQ:MGNI), we observe a call option sweep with bearish sentiment. It expires in 532 day(s) on January 21, 2028. Parties traded 74 contract(s) at a $35.00 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 $41.6K, with a price of $600.0 per contract. There were 960 open contracts at this strike prior to today, and today 74 contract(s) were bought and sold.

• Regarding APP (NASDAQ:APP), we observe a put option trade with bearish sentiment. It expires in 161 day(s) on January 15, 2027. Parties traded 14 contract(s) at a $380.00 strike. The total cost received by the writing party (or parties) was $113.8K, with a price of $8130.0 per contract. There were 483 open contracts at this strike prior to today, and today 50 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.