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
SHOP CALL TRADE BULLISH 09/18/26 $160.00 $1.2 million 83.6K 3.1K
INTU PUT TRADE BULLISH 01/15/27 $300.00 $8.2 million 2.6K 2.9K
WULF CALL SWEEP NEUTRAL 06/17/27 $10.00 $206.7K 368 2.2K
NN CALL SWEEP BEARISH 09/18/26 $18.00 $77.5K 33.5K 1.4K
HUT CALL SWEEP BEARISH 06/17/27 $65.00 $247.5K 62 533
CRWD CALL TRADE BEARISH 06/16/28 $310.00 $56.6K 519 517
ORCL PUT TRADE NEUTRAL 06/17/27 $140.00 $28.4K 6.0K 459
MCHP PUT SWEEP BEARISH 10/16/26 $60.00 $33.3K 11.6K 450
AI CALL TRADE NEUTRAL 12/18/26 $12.50 $39.0K 972 394
GLW PUT TRADE BULLISH 09/18/26 $155.00 $291.2K 999 323

Explanation

These itemized elaborations have been created using the accompanying table.

• For SHOP (NASDAQ:SHOP), we notice a call option trade that happens to be bullish, expiring in 8 day(s) on September 18, 2026. This event was a transfer of 2000 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $1.2 million, with a price of $620.0 per contract. There were 83633 open contracts at this strike prior to today, and today 3117 contract(s) were bought and sold.

• Regarding INTU (NASDAQ:INTU), we observe a put option trade with bullish sentiment. It expires in 127 day(s) on January 15, 2027. Parties traded 2900 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $8.2 million, with a price of $2855.0 per contract. There were 2664 open contracts at this strike prior to today, and today 2902 contract(s) were bought and sold.

• For WULF (NASDAQ:WULF), we notice a call option sweep that happens to be neutral, expiring in 280 day(s) on June 17, 2027. This event was a transfer of 231 contract(s) at a $10.00 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $206.7K, with a price of $895.0 per contract. There were 368 open contracts at this strike prior to today, and today 2235 contract(s) were bought and sold.

• Regarding NN (NASDAQ:NN), we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on September 18, 2026. Parties traded 250 contract(s) at a $18.00 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 $77.5K, with a price of $310.0 per contract. There were 33525 open contracts at this strike prior to today, and today 1404 contract(s) were bought and sold.

• Regarding HUT (NASDAQ:HUT), we observe a call option sweep with bearish sentiment. It expires in 280 day(s) on June 17, 2027. Parties traded 56 contract(s) at a $65.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $247.5K, with a price of $4420.0 per contract. There were 62 open contracts at this strike prior to today, and today 533 contract(s) were bought and sold.

• Regarding CRWD (NASDAQ:CRWD), we observe a call option trade with bearish sentiment. It expires in 645 day(s) on June 16, 2028. Parties traded 10 contract(s) at a $310.00 strike. The total cost received by the writing party (or parties) was $56.6K, with a price of $5660.0 per contract. There were 519 open contracts at this strike prior to today, and today 517 contract(s) were bought and sold.

• Regarding ORCL (NYSE:ORCL), we observe a put option trade with neutral sentiment. It expires in 280 day(s) on June 17, 2027. Parties traded 10 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $28.4K, with a price of $2845.0 per contract. There were 6082 open contracts at this strike prior to today, and today 459 contract(s) were bought and sold.

• For MCHP (NASDAQ:MCHP), we notice a put option sweep that happens to be bearish, expiring in 36 day(s) on October 16, 2026. This event was a transfer of 445 contract(s) at a $60.00 strike. This particular put needed to be split into 52 different trades to become filled. The total cost received by the writing party (or parties) was $33.3K, with a price of $75.0 per contract. There were 11622 open contracts at this strike prior to today, and today 450 contract(s) were bought and sold.

• For AI (NYSE:AI), we notice a call option trade that happens to be neutral, expiring in 99 day(s) on December 18, 2026. This event was a transfer of 312 contract(s) at a $12.50 strike. The total cost received by the writing party (or parties) was $39.0K, with a price of $125.0 per contract. There were 972 open contracts at this strike prior to today, and today 394 contract(s) were bought and sold.

• Regarding GLW (NYSE:GLW), we observe a put option trade with bullish sentiment. It expires in 8 day(s) on September 18, 2026. Parties traded 250 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $291.2K, with a price of $1165.0 per contract. There were 999 open contracts at this strike prior to today, and today 323 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.