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 Information Technology sector:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
NVDA CALL SWEEP BEARISH 09/25/26 $230.00 $38.8K 62.9K 67.9K
INTC CALL TRADE BULLISH 10/30/26 $125.00 $30.9K 13.3K 9.8K
ALGM CALL TRADE BULLISH 11/20/26 $35.00 $610.1K 95 4.4K
TSM CALL SWEEP BEARISH 10/16/26 $500.00 $35.0K 7.2K 1.8K
NOK CALL SWEEP BULLISH 01/15/27 $13.00 $103.8K 15.9K 1.5K
TE CALL TRADE BEARISH 01/21/28 $7.00 $111.0K 15.0K 1.3K
AXTI CALL TRADE NEUTRAL 10/16/26 $70.00 $37.1K 743 958
OUST CALL SWEEP BULLISH 01/19/29 $33.00 $150.8K 7 877
DELL CALL SWEEP BULLISH 09/25/26 $577.50 $26.7K 201 855
MU PUT TRADE BEARISH 10/02/26 $1050.00 $28.8K 87 573

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding NVDA (NASDAQ:NVDA), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on September 25, 2026. Parties traded 200 contract(s) at a $230.00 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 $38.8K, with a price of $194.0 per contract. There were 62908 open contracts at this strike prior to today, and today 67985 contract(s) were bought and sold.

• For INTC (NASDAQ:INTC), we notice a call option trade that happens to be bullish, expiring in 39 day(s) on October 30, 2026. This event was a transfer of 28 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $30.9K, with a price of $1105.0 per contract. There were 13328 open contracts at this strike prior to today, and today 9825 contract(s) were bought and sold.

• For ALGM (NASDAQ:ALGM), we notice a call option trade that happens to be bullish, expiring in 60 day(s) on November 20, 2026. This event was a transfer of 1419 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $610.1K, with a price of $430.0 per contract. There were 95 open contracts at this strike prior to today, and today 4421 contract(s) were bought and sold.

• Regarding TSM (NYSE:TSM), we observe a call option sweep with bearish sentiment. It expires in 25 day(s) on October 16, 2026. Parties traded 200 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 $35.0K, with a price of $175.0 per contract. There were 7242 open contracts at this strike prior to today, and today 1889 contract(s) were bought and sold.

• For NOK (NYSE:NOK), we notice a call option sweep that happens to be bullish, expiring in 116 day(s) on January 15, 2027. This event was a transfer of 1200 contract(s) at a $13.00 strike. This particular call needed to be split into 55 different trades to become filled. The total cost received by the writing party (or parties) was $103.8K, with a price of $87.0 per contract. There were 15951 open contracts at this strike prior to today, and today 1512 contract(s) were bought and sold.

• Regarding TE (NYSE:TE), we observe a call option trade with bearish sentiment. It expires in 487 day(s) on January 21, 2028. Parties traded 600 contract(s) at a $7.00 strike. The total cost received by the writing party (or parties) was $111.0K, with a price of $185.0 per contract. There were 15011 open contracts at this strike prior to today, and today 1330 contract(s) were bought and sold.

• Regarding AXTI (NASDAQ:AXTI), we observe a call option trade with neutral sentiment. It expires in 25 day(s) on October 16, 2026. Parties traded 27 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $37.1K, with a price of $1376.0 per contract. There were 743 open contracts at this strike prior to today, and today 958 contract(s) were bought and sold.

• Regarding OUST (NASDAQ:OUST), we observe a call option sweep with bullish sentiment. It expires in 851 day(s) on January 19, 2029. Parties traded 68 contract(s) at a $33.00 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 $150.8K, with a price of $2220.0 per contract. There were 7 open contracts at this strike prior to today, and today 877 contract(s) were bought and sold.

• For DELL (NYSE:DELL), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on September 25, 2026. This event was a transfer of 17 contract(s) at a $577.50 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 $26.7K, with a price of $1574.0 per contract. There were 201 open contracts at this strike prior to today, and today 855 contract(s) were bought and sold.

• Regarding MU (NASDAQ:MU), we observe a put option trade with bearish sentiment. It expires in 11 day(s) on October 2, 2026. Parties traded 5 contract(s) at a $1050.00 strike. The total cost received by the writing party (or parties) was $28.8K, with a price of $5770.0 per contract. There were 87 open contracts at this strike prior to today, and today 573 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.