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 |
|---|---|---|---|---|---|---|---|---|
| PLTR | CALL | SWEEP | BULLISH | 03/27/26 | $155.00 | $70.3K | 13.8K | 21.8K |
| ORCL | PUT | SWEEP | BULLISH | 03/27/26 | $135.00 | $30.7K | 29.2K | 6.4K |
| DELL | CALL | TRADE | NEUTRAL | 05/15/26 | $175.00 | $25.8K | 755 | 4.2K |
| NVDA | CALL | TRADE | BEARISH | 03/25/26 | $170.00 | $49.9K | 1.5K | 3.9K |
| AAPL | CALL | TRADE | BEARISH | 05/15/26 | $255.00 | $105.5K | 6.2K | 2.0K |
| ONDS | CALL | TRADE | BEARISH | 01/15/27 | $15.00 | $29.2K | 24.3K | 1.0K |
| LITE | CALL | SWEEP | BEARISH | 03/27/26 | $800.00 | $65.0K | 1.5K | 884 |
| ARM | CALL | TRADE | BULLISH | 03/27/26 | $152.50 | $40.0K | 481 | 851 |
| AVGO | CALL | SWEEP | BULLISH | 05/15/26 | $360.00 | $29.0K | 3.3K | 738 |
| MRVL | PUT | SWEEP | NEUTRAL | 04/17/26 | $90.00 | $41.2K | 2.3K | 578 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For PLTR (NASDAQ:PLTR), we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on March 27, 2026. This event was a transfer of 286 contract(s) at a $155.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $70.3K, with a price of $246.0 per contract. There were 13829 open contracts at this strike prior to today, and today 21844 contract(s) were bought and sold.
• Regarding ORCL (NYSE:ORCL), we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on March 27, 2026. Parties traded 831 contract(s) at a $135.00 strike. This particular put needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $30.7K, with a price of $37.0 per contract. There were 29231 open contracts at this strike prior to today, and today 6483 contract(s) were bought and sold.
• For DELL (NYSE:DELL), we notice a call option trade that happens to be neutral, expiring in 52 day(s) on May 15, 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 $25.8K, with a price of $1290.0 per contract. There were 755 open contracts at this strike prior to today, and today 4277 contract(s) were bought and sold.
• Regarding NVDA (NASDAQ:NVDA), we observe a call option trade with bearish sentiment. It expires in 1 day(s) on March 25, 2026. Parties traded 101 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $49.9K, with a price of $495.0 per contract. There were 1599 open contracts at this strike prior to today, and today 3914 contract(s) were bought and sold.
• For AAPL (NASDAQ:AAPL), we notice a call option trade that happens to be bearish, expiring in 52 day(s) on May 15, 2026. This event was a transfer of 100 contract(s) at a $255.00 strike. The total cost received by the writing party (or parties) was $105.5K, with a price of $1055.0 per contract. There were 6258 open contracts at this strike prior to today, and today 2000 contract(s) were bought and sold.
• Regarding ONDS (NASDAQ:ONDS), we observe a call option trade with bearish sentiment. It expires in 297 day(s) on January 15, 2027. Parties traded 100 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $29.2K, with a price of $292.0 per contract. There were 24309 open contracts at this strike prior to today, and today 1020 contract(s) were bought and sold.
• For LITE (NASDAQ:LITE), we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on March 27, 2026. This event was a transfer of 26 contract(s) at a $800.00 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 $65.0K, with a price of $2500.0 per contract. There were 1570 open contracts at this strike prior to today, and today 884 contract(s) were bought and sold.
• For ARM (NASDAQ:ARM), we notice a call option trade that happens to be bullish, expiring in 3 day(s) on March 27, 2026. This event was a transfer of 500 contract(s) at a $152.50 strike. The total cost received by the writing party (or parties) was $40.0K, with a price of $80.0 per contract. There were 481 open contracts at this strike prior to today, and today 851 contract(s) were bought and sold.
• For AVGO (NASDAQ:AVGO), we notice a call option sweep that happens to be bullish, expiring in 52 day(s) on May 15, 2026. This event was a transfer of 41 contract(s) at a $360.00 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 $29.0K, with a price of $710.0 per contract. There were 3364 open contracts at this strike prior to today, and today 738 contract(s) were bought and sold.
• For MRVL (NASDAQ:MRVL), we notice a put option sweep that happens to be neutral, expiring in 24 day(s) on April 17, 2026. This event was a transfer of 105 contract(s) at a $90.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $41.2K, with a price of $392.0 per contract. There were 2394 open contracts at this strike prior to today, and today 578 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.
Login to comment