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 Industrials sector:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
POWL CALL TRADE BULLISH 05/15/26 $380.00 $274.4K 662 541
UPS CALL SWEEP BEARISH 06/18/26 $90.00 $81.6K 2.1K 69
BE CALL SWEEP BULLISH 01/21/28 $200.00 $44.5K 1.1K 11

Explanation

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

• Regarding POWL (NASDAQ:POWL), we observe a call option trade with bullish sentiment. It expires in 45 day(s) on May 15, 2026. Parties traded 49 contract(s) at a $380.00 strike. The total cost received by the writing party (or parties) was $274.4K, with a price of $5600.0 per contract. There were 662 open contracts at this strike prior to today, and today 541 contract(s) were bought and sold.

• Regarding UPS (NYSE:UPS), we observe a call option sweep with bearish sentiment. It expires in 79 day(s) on June 18, 2026. Parties traded 68 contract(s) at a $90.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $81.6K, with a price of $1200.0 per contract. There were 2117 open contracts at this strike prior to today, and today 69 contract(s) were bought and sold.

• For BE (NYSE:BE), we notice a call option sweep that happens to be bullish, expiring in 661 day(s) on January 21, 2028. This event was a transfer of 10 contract(s) at a $200.00 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 $44.5K, with a price of $4445.0 per contract. There were 1171 open contracts at this strike prior to today, and today 11 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.