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.

Here's the list of options activity happening in today's session:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
MU PUT TRADE BULLISH 03/27/26 $395.00 $51.6K 1.6K 2.2K
ARM CALL TRADE BULLISH 04/17/26 $150.00 $66.0K 2.3K 1.1K
POET CALL SWEEP BULLISH 04/17/26 $6.00 $47.5K 5.9K 964
TSM CALL TRADE BEARISH 01/21/28 $560.00 $581.0K 1.4K 824
AAPL CALL TRADE NEUTRAL 07/17/26 $205.00 $26.0K 1.3K 724
IOT CALL TRADE BEARISH 06/18/26 $41.00 $96.7K 216 686
NVDA PUT SWEEP BEARISH 09/18/26 $155.00 $45.1K 15.4K 651
AMD PUT TRADE BEARISH 08/21/26 $200.00 $170.3K 4.1K 480
AMAT PUT TRADE NEUTRAL 03/27/26 $360.00 $25.0K 75 374
APP CALL SWEEP BULLISH 04/17/26 $500.00 $26.1K 1.0K 333

Explanation

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

• Regarding MU (NASDAQ:MU), we observe a put option trade with bullish sentiment. It expires in 4 day(s) on March 27, 2026. Parties traded 59 contract(s) at a $395.00 strike. The total cost received by the writing party (or parties) was $51.6K, with a price of $875.0 per contract. There were 1643 open contracts at this strike prior to today, and today 2292 contract(s) were bought and sold.

• For ARM (NASDAQ:ARM), we notice a call option trade that happens to be bullish, expiring in 25 day(s) on April 17, 2026. This event was a transfer of 220 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $66.0K, with a price of $300.0 per contract. There were 2352 open contracts at this strike prior to today, and today 1194 contract(s) were bought and sold.

• For POET (NASDAQ:POET), we notice a call option sweep that happens to be bullish, expiring in 25 day(s) on April 17, 2026. This event was a transfer of 680 contract(s) at a $6.00 strike. This particular call needed to be split into 42 different trades to become filled. The total cost received by the writing party (or parties) was $47.5K, with a price of $70.0 per contract. There were 5902 open contracts at this strike prior to today, and today 964 contract(s) were bought and sold.

• For TSM (NYSE:TSM), we notice a call option trade that happens to be bearish, expiring in 669 day(s) on January 21, 2028. This event was a transfer of 166 contract(s) at a $560.00 strike. The total cost received by the writing party (or parties) was $581.0K, with a price of $3500.0 per contract. There were 1461 open contracts at this strike prior to today, and today 824 contract(s) were bought and sold.

• For AAPL (NASDAQ:AAPL), we notice a call option trade that happens to be neutral, expiring in 116 day(s) on July 17, 2026. This event was a transfer of 5 contract(s) at a $205.00 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $5210.0 per contract. There were 1313 open contracts at this strike prior to today, and today 724 contract(s) were bought and sold.

• For IOT (NYSE:IOT), we notice a call option trade that happens to be bearish, expiring in 87 day(s) on June 18, 2026. This event was a transfer of 686 contract(s) at a $41.00 strike. The total cost received by the writing party (or parties) was $96.7K, with a price of $141.0 per contract. There were 216 open contracts at this strike prior to today, and today 686 contract(s) were bought and sold.

• Regarding NVDA (NASDAQ:NVDA), we observe a put option sweep with bearish sentiment. It expires in 179 day(s) on September 18, 2026. Parties traded 41 contract(s) at a $155.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $45.1K, with a price of $1100.0 per contract. There were 15479 open contracts at this strike prior to today, and today 651 contract(s) were bought and sold.

• Regarding AMD (NASDAQ:AMD), we observe a put option trade with bearish sentiment. It expires in 151 day(s) on August 21, 2026. Parties traded 68 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $170.3K, with a price of $2505.0 per contract. There were 4162 open contracts at this strike prior to today, and today 480 contract(s) were bought and sold.

• Regarding AMAT (NASDAQ:AMAT), we observe a put option trade with neutral sentiment. It expires in 4 day(s) on March 27, 2026. Parties traded 33 contract(s) at a $360.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $759.0 per contract. There were 75 open contracts at this strike prior to today, and today 374 contract(s) were bought and sold.

• For APP (NASDAQ:APP), we notice a call option sweep that happens to be bullish, expiring in 25 day(s) on April 17, 2026. This event was a transfer of 17 contract(s) at a $500.00 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 $26.1K, with a price of $1540.0 per contract. There were 1040 open contracts at this strike prior to today, and today 333 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.