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
BE CALL TRADE BULLISH 10/16/26 $270.00 $30.1K 7.5K 373
GEV CALL TRADE BULLISH 01/15/27 $890.00 $50.0K 44 61
CAT CALL TRADE NEUTRAL 10/23/26 $780.00 $54.7K 3 45
LMT CALL TRADE BEARISH 10/02/26 $510.00 $33.2K 0 24
VRT PUT SWEEP BULLISH 06/17/27 $270.00 $78.5K 501 19
MTZ CALL SWEEP BEARISH 01/15/27 $220.00 $39.4K 31 16
PWR PUT TRADE NEUTRAL 01/19/29 $560.00 $32.7K 0 5
AXON CALL TRADE BULLISH 01/21/28 $260.00 $44.8K 2 2

Explanation

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

• Regarding BE (NYSE:BE), we observe a call option trade with bullish sentiment. It expires in 31 day(s) on October 16, 2026. Parties traded 14 contract(s) at a $270.00 strike. The total cost received by the writing party (or parties) was $30.1K, with a price of $2155.0 per contract. There were 7548 open contracts at this strike prior to today, and today 373 contract(s) were bought and sold.

• For GEV (NYSE:GEV), we notice a call option trade that happens to be bullish, expiring in 122 day(s) on January 15, 2027. This event was a transfer of 5 contract(s) at a $890.00 strike. The total cost received by the writing party (or parties) was $50.0K, with a price of $10000.0 per contract. There were 44 open contracts at this strike prior to today, and today 61 contract(s) were bought and sold.

• Regarding CAT (NYSE:CAT), we observe a call option trade with neutral sentiment. It expires in 38 day(s) on October 23, 2026. Parties traded 14 contract(s) at a $780.00 strike. The total cost received by the writing party (or parties) was $54.7K, with a price of $3911.0 per contract. There were 3 open contracts at this strike prior to today, and today 45 contract(s) were bought and sold.

• Regarding LMT (NYSE:LMT), we observe a call option trade with bearish sentiment. It expires in 17 day(s) on October 2, 2026. Parties traded 12 contract(s) at a $510.00 strike. The total cost received by the writing party (or parties) was $33.2K, with a price of $2770.0 per contract. There were 0 open contracts at this strike prior to today, and today 24 contract(s) were bought and sold.

• For VRT (NYSE:VRT), we notice a put option sweep that happens to be bullish, expiring in 275 day(s) on June 17, 2027. This event was a transfer of 12 contract(s) at a $270.00 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 $78.5K, with a price of $6545.0 per contract. There were 501 open contracts at this strike prior to today, and today 19 contract(s) were bought and sold.

• For MTZ (NYSE:MTZ), we notice a call option sweep that happens to be bearish, expiring in 122 day(s) on January 15, 2027. This event was a transfer of 12 contract(s) at a $220.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $39.4K, with a price of $3290.0 per contract. There were 31 open contracts at this strike prior to today, and today 16 contract(s) were bought and sold.

• Regarding PWR (NYSE:PWR), we observe a put option trade with neutral sentiment. It expires in 857 day(s) on January 19, 2029. Parties traded 3 contract(s) at a $560.00 strike. The total cost received by the writing party (or parties) was $32.7K, with a price of $10916.0 per contract. There were 0 open contracts at this strike prior to today, and today 5 contract(s) were bought and sold.

• For AXON (NASDAQ:AXON), we notice a call option trade that happens to be bullish, expiring in 493 day(s) on January 21, 2028. This event was a transfer of 2 contract(s) at a $260.00 strike. The total cost received by the writing party (or parties) was $44.8K, with a price of $22400.0 per contract. There were 2 open contracts at this strike prior to today, and today 2 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.