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
IREN CALL SWEEP BEARISH 01/15/27 $65.00 $206.4K 12.5K 6.2K
MSTR CALL TRADE NEUTRAL 08/28/26 $100.00 $50.0K 3.7K 3.4K
CIFR CALL SWEEP BULLISH 08/28/26 $19.00 $86.0K 1.6K 3.4K
MU PUT TRADE BULLISH 08/21/26 $940.00 $249.6K 1.8K 2.8K
NVTS PUT TRADE BULLISH 01/15/27 $13.00 $750.0K 1.7K 2.5K
CRWV CALL TRADE BEARISH 09/18/26 $100.00 $65.3K 9.9K 2.5K
ARM PUT SWEEP NEUTRAL 09/18/26 $250.00 $41.1K 5.2K 2.1K
NBIS PUT TRADE BULLISH 09/18/26 $200.00 $35.3K 7.7K 1.9K
INTC PUT TRADE BULLISH 08/19/26 $103.00 $350.0K 2.9K 1.8K
SNDK CALL TRADE BEARISH 08/21/26 $1620.00 $29.0K 463 1.4K

Explanation

These itemized elaborations have been created using the accompanying table.

• For IREN (NASDAQ:IREN), we notice a call option sweep that happens to be bearish, expiring in 150 day(s) on January 15, 2027. This event was a transfer of 430 contract(s) at a $65.00 strike. This particular call needed to be split into 50 different trades to become filled. The total cost received by the writing party (or parties) was $206.4K, with a price of $480.0 per contract. There were 12529 open contracts at this strike prior to today, and today 6287 contract(s) were bought and sold.

• For MSTR (NASDAQ:MSTR), we notice a call option trade that happens to be neutral, expiring in 10 day(s) on August 28, 2026. This event was a transfer of 200 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $50.0K, with a price of $250.0 per contract. There were 3702 open contracts at this strike prior to today, and today 3469 contract(s) were bought and sold.

• Regarding CIFR (NASDAQ:CIFR), we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on August 28, 2026. Parties traded 1943 contract(s) at a $19.00 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 $86.0K, with a price of $45.0 per contract. There were 1630 open contracts at this strike prior to today, and today 3443 contract(s) were bought and sold.

• Regarding MU (NASDAQ:MU), we observe a put option trade with bullish sentiment. It expires in 3 day(s) on August 21, 2026. Parties traded 100 contract(s) at a $940.00 strike. The total cost received by the writing party (or parties) was $249.6K, with a price of $2496.0 per contract. There were 1875 open contracts at this strike prior to today, and today 2818 contract(s) were bought and sold.

• For NVTS (NASDAQ:NVTS), we notice a put option trade that happens to be bullish, expiring in 150 day(s) on January 15, 2027. This event was a transfer of 2500 contract(s) at a $13.00 strike. The total cost received by the writing party (or parties) was $750.0K, with a price of $300.0 per contract. There were 1768 open contracts at this strike prior to today, and today 2545 contract(s) were bought and sold.

• For CRWV (NASDAQ:CRWV), we notice a call option trade that happens to be bearish, expiring in 31 day(s) on September 18, 2026. This event was a transfer of 100 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $65.3K, with a price of $653.0 per contract. There were 9967 open contracts at this strike prior to today, and today 2518 contract(s) were bought and sold.

• For ARM (NASDAQ:ARM), we notice a put option sweep that happens to be neutral, expiring in 31 day(s) on September 18, 2026. This event was a transfer of 23 contract(s) at a $250.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $41.1K, with a price of $1790.0 per contract. There were 5272 open contracts at this strike prior to today, and today 2143 contract(s) were bought and sold.

• Regarding NBIS (NASDAQ:NBIS), we observe a put option trade with bullish sentiment. It expires in 31 day(s) on September 18, 2026. Parties traded 45 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $35.3K, with a price of $785.0 per contract. There were 7751 open contracts at this strike prior to today, and today 1905 contract(s) were bought and sold.

• For INTC (NASDAQ:INTC), we notice a put option trade that happens to be bullish, expiring in 1 day(s) on August 19, 2026. This event was a transfer of 500 contract(s) at a $103.00 strike. The total cost received by the writing party (or parties) was $350.0K, with a price of $700.0 per contract. There were 2937 open contracts at this strike prior to today, and today 1899 contract(s) were bought and sold.

• For SNDK (NASDAQ:SNDK), we notice a call option trade that happens to be bearish, expiring in 3 day(s) on August 21, 2026. This event was a transfer of 5 contract(s) at a $1620.00 strike. The total cost received by the writing party (or parties) was $29.0K, with a price of $5800.0 per contract. There were 463 open contracts at this strike prior to today, and today 1441 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 news on unusual options activity.

This article was generated by Benzinga's automated content engine and reviewed by an editor.