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 Communication Services sector:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
SPCX CALL SWEEP BEARISH 09/11/26 $152.50 $40.3K 4.0K 16.7K
GSAT PUT TRADE BEARISH 01/15/27 $65.00 $30.0K 5.0K 1.4K
GOOGL CALL SWEEP BULLISH 01/15/27 $400.00 $35.5K 18.4K 1.3K
NFLX CALL TRADE NEUTRAL 09/11/26 $75.00 $32.7K 528 1.2K
APP PUT SWEEP BULLISH 09/18/26 $290.00 $37.4K 1.6K 232
RDDT CALL TRADE BEARISH 09/25/26 $155.00 $37.0K 511 198
GOOG CALL TRADE BULLISH 10/09/26 $345.00 $63.0K 112 158
ASTS CALL SWEEP BULLISH 11/20/26 $85.00 $27.4K 2.1K 131
META CALL TRADE BULLISH 03/19/27 $700.00 $88.9K 4.5K 73

Explanation

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

• For SPCX (NASDAQ:SPCX), 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 102 contract(s) at a $152.50 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 $40.3K, with a price of $395.0 per contract. There were 4008 open contracts at this strike prior to today, and today 16733 contract(s) were bought and sold.

• Regarding GSAT (NASDAQ:GSAT), we observe a put option trade with bearish sentiment. It expires in 129 day(s) on January 15, 2027. Parties traded 400 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $75.0 per contract. There were 5014 open contracts at this strike prior to today, and today 1450 contract(s) were bought and sold.

• Regarding GOOGL (NASDAQ:GOOGL), we observe a call option sweep with bullish sentiment. It expires in 129 day(s) on January 15, 2027. Parties traded 37 contract(s) at a $400.00 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 $35.5K, with a price of $962.0 per contract. There were 18424 open contracts at this strike prior to today, and today 1351 contract(s) were bought and sold.

• Regarding NFLX (NASDAQ:NFLX), we observe a call option trade with neutral sentiment. It expires in 3 day(s) on September 11, 2026. Parties traded 150 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $32.7K, with a price of $218.0 per contract. There were 528 open contracts at this strike prior to today, and today 1276 contract(s) were bought and sold.

• For APP (NASDAQ:APP), we notice a put option sweep that happens to be bullish, expiring in 10 day(s) on September 18, 2026. This event was a transfer of 110 contract(s) at a $290.00 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 $37.4K, with a price of $340.0 per contract. There were 1633 open contracts at this strike prior to today, and today 232 contract(s) were bought and sold.

• Regarding RDDT (NYSE:RDDT), we observe a call option trade with bearish sentiment. It expires in 17 day(s) on September 25, 2026. Parties traded 50 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $37.0K, with a price of $740.0 per contract. There were 511 open contracts at this strike prior to today, and today 198 contract(s) were bought and sold.

• For GOOG (NASDAQ:GOOG), we notice a call option trade that happens to be bullish, expiring in 31 day(s) on October 9, 2026. This event was a transfer of 75 contract(s) at a $345.00 strike. The total cost received by the writing party (or parties) was $63.0K, with a price of $840.0 per contract. There were 112 open contracts at this strike prior to today, and today 158 contract(s) were bought and sold.

• Regarding ASTS (NASDAQ:ASTS), we observe a call option sweep with bullish sentiment. It expires in 73 day(s) on November 20, 2026. Parties traded 55 contract(s) at a $85.00 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 $27.4K, with a price of $499.0 per contract. There were 2149 open contracts at this strike prior to today, and today 131 contract(s) were bought and sold.

• For META (NASDAQ:META), we notice a call option trade that happens to be bullish, expiring in 192 day(s) on March 19, 2027. This event was a transfer of 18 contract(s) at a $700.00 strike. The total cost received by the writing party (or parties) was $88.9K, with a price of $4940.0 per contract. There were 4540 open contracts at this strike prior to today, and today 73 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.