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 08/31/26 $217.50 $95.5K 7.3K 62.1K
MU CALL TRADE NEUTRAL 08/31/26 $950.00 $25.2K 3.0K 43.8K
SNDK PUT SWEEP BULLISH 09/04/26 $1500.00 $42.4K 726 3.2K
CRCL CALL TRADE BEARISH 10/16/26 $100.00 $81.0K 5.5K 2.2K
MRVL CALL SWEEP BULLISH 09/18/26 $250.00 $31.2K 12.9K 1.6K
IREN CALL TRADE BULLISH 09/15/28 $140.00 $299.2K 5.1K 962
CRWD CALL TRADE BULLISH 09/18/26 $230.00 $67.9K 3.8K 946
AVGO CALL TRADE BEARISH 12/18/26 $370.00 $78.5K 2.2K 674
SMCI PUT SWEEP BULLISH 12/15/28 $10.00 $44.5K 27.7K 467
DELL CALL SWEEP BULLISH 09/04/26 $510.00 $48.7K 418 452

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 bearish, is expiring today. Parties traded 500 contract(s) at a $217.50 strike. This particular call needed to be split into 99 different trades to become filled. The total cost received by the writing party (or parties) was $95.5K, with a price of $191.0 per contract. There were 7348 open contracts at this strike prior to today, and today 62163 contract(s) were bought and sold.

• For MU (NASDAQ:MU), we notice a call option trade that happens to be neutral, is expiring today. Parties traded 100 contract(s) at a $950.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $253.0 per contract. There were 3019 open contracts at this strike prior to today, and today 43893 contract(s) were bought and sold.

• Regarding SNDK (NASDAQ:SNDK), we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on September 4, 2026. Parties traded 9 contract(s) at a $1500.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $42.4K, with a price of $4715.0 per contract. There were 726 open contracts at this strike prior to today, and today 3254 contract(s) were bought and sold.

• Regarding CRCL (NYSE:CRCL), we observe a call option trade with bearish sentiment. It expires in 46 day(s) on October 16, 2026. Parties traded 100 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $81.0K, with a price of $810.0 per contract. There were 5532 open contracts at this strike prior to today, and today 2222 contract(s) were bought and sold.

• For MRVL (NASDAQ:MRVL), we notice a call option sweep that happens to be bullish, expiring in 18 day(s) on September 18, 2026. This event was a transfer of 204 contract(s) at a $250.00 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 $31.2K, with a price of $153.0 per contract. There were 12997 open contracts at this strike prior to today, and today 1696 contract(s) were bought and sold.

• For IREN (NASDAQ:IREN), we notice a call option trade that happens to be bullish, expiring in 746 day(s) on September 15, 2028. This event was a transfer of 450 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $299.2K, with a price of $665.0 per contract. There were 5151 open contracts at this strike prior to today, and today 962 contract(s) were bought and sold.

• For CRWD (NASDAQ:CRWD), we notice a call option trade that happens to be bullish, expiring in 18 day(s) on September 18, 2026. This event was a transfer of 70 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $67.9K, with a price of $970.0 per contract. There were 3849 open contracts at this strike prior to today, and today 946 contract(s) were bought and sold.

• For AVGO (NASDAQ:AVGO), we notice a call option trade that happens to be bearish, expiring in 109 day(s) on December 18, 2026. This event was a transfer of 20 contract(s) at a $370.00 strike. The total cost received by the writing party (or parties) was $78.5K, with a price of $3925.0 per contract. There were 2232 open contracts at this strike prior to today, and today 674 contract(s) were bought and sold.

• For SMCI (NASDAQ:SMCI), we notice a put option sweep that happens to be bullish, expiring in 837 day(s) on December 15, 2028. This event was a transfer of 250 contract(s) at a $10.00 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 $44.5K, with a price of $178.0 per contract. There were 27796 open contracts at this strike prior to today, and today 467 contract(s) were bought and sold.

• Regarding DELL (NYSE:DELL), we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on September 4, 2026. Parties traded 56 contract(s) at a $510.00 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 $48.7K, with a price of $870.0 per contract. There were 418 open contracts at this strike prior to today, and today 452 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.