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 BULLISH 10/02/26 $55.00 $49.1K 2.7K 9.7K
CIFR CALL SWEEP BULLISH 09/18/26 $20.50 $25.9K 2.7K 3.2K
FSLY CALL SWEEP BULLISH 09/18/26 $21.00 $92.0K 91 2.9K
SMCI CALL TRADE BEARISH 09/18/26 $40.00 $25.2K 25.3K 2.8K
IONQ CALL SWEEP BULLISH 09/11/26 $43.50 $58.0K 246 2.4K
CRWV CALL SWEEP BEARISH 09/11/26 $90.00 $27.0K 4.0K 2.2K
SKHY CALL TRADE BEARISH 09/18/26 $175.00 $31.4K 1.8K 1.8K
PLTR PUT TRADE BULLISH 02/19/27 $145.00 $59.5K 786 1.2K
SNOW CALL SWEEP BULLISH 09/11/26 $340.00 $63.0K 898 1.1K
DELL CALL TRADE BEARISH 09/18/26 $530.00 $114.0K 1.1K 1.0K

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding IREN (NASDAQ:IREN), we observe a call option sweep with bullish sentiment. It expires in 24 day(s) on October 2, 2026. Parties traded 222 contract(s) at a $55.00 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 $49.1K, with a price of $222.0 per contract. There were 2708 open contracts at this strike prior to today, and today 9742 contract(s) were bought and sold.

• For CIFR (NASDAQ:CIFR), we notice a call option sweep that happens to be bullish, expiring in 10 day(s) on September 18, 2026. This event was a transfer of 275 contract(s) at a $20.50 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $25.9K, with a price of $94.0 per contract. There were 2797 open contracts at this strike prior to today, and today 3282 contract(s) were bought and sold.

• For FSLY (NASDAQ:FSLY), we notice a call option sweep that happens to be bullish, expiring in 10 day(s) on September 18, 2026. This event was a transfer of 400 contract(s) at a $21.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $92.0K, with a price of $230.0 per contract. There were 91 open contracts at this strike prior to today, and today 2918 contract(s) were bought and sold.

• For SMCI (NASDAQ:SMCI), we notice a call option trade that happens to be bearish, expiring in 10 day(s) on September 18, 2026. This event was a transfer of 100 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $253.0 per contract. There were 25397 open contracts at this strike prior to today, and today 2822 contract(s) were bought and sold.

• Regarding IONQ (NYSE:IONQ), we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on September 11, 2026. Parties traded 500 contract(s) at a $43.50 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 $58.0K, with a price of $116.0 per contract. There were 246 open contracts at this strike prior to today, and today 2408 contract(s) were bought and sold.

• For CRWV (NASDAQ:CRWV), we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on September 11, 2026. This event was a transfer of 20 contract(s) at a $90.00 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 $27.0K, with a price of $1351.0 per contract. There were 4027 open contracts at this strike prior to today, and today 2244 contract(s) were bought and sold.

• For SKHY (NASDAQ:SKHY), we notice a call option trade that happens to be bearish, expiring in 10 day(s) on September 18, 2026. This event was a transfer of 20 contract(s) at a $175.00 strike. The total cost received by the writing party (or parties) was $31.4K, with a price of $1570.0 per contract. There were 1889 open contracts at this strike prior to today, and today 1849 contract(s) were bought and sold.

• For PLTR (NASDAQ:PLTR), we notice a put option trade that happens to be bullish, expiring in 164 day(s) on February 19, 2027. This event was a transfer of 50 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $59.5K, with a price of $1190.0 per contract. There were 786 open contracts at this strike prior to today, and today 1213 contract(s) were bought and sold.

• For SNOW (NYSE:SNOW), we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on September 11, 2026. This event was a transfer of 126 contract(s) at a $340.00 strike. This particular call needed to be split into 69 different trades to become filled. The total cost received by the writing party (or parties) was $63.0K, with a price of $500.0 per contract. There were 898 open contracts at this strike prior to today, and today 1112 contract(s) were bought and sold.

• Regarding DELL (NYSE:DELL), we observe a call option trade with bearish sentiment. It expires in 10 day(s) on September 18, 2026. Parties traded 50 contract(s) at a $530.00 strike. The total cost received by the writing party (or parties) was $114.0K, with a price of $2280.0 per contract. There were 1197 open contracts at this strike prior to today, and today 1097 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.