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 |
|---|---|---|---|---|---|---|---|---|
| CRWV | CALL | TRADE | BULLISH | 12/17/27 | $230.00 | $28.3K | 459 | 8.5K |
| CSIQ | PUT | SWEEP | BEARISH | 01/19/29 | $5.00 | $28.7K | 1 | 6.0K |
| ORCL | CALL | SWEEP | BEARISH | 11/20/26 | $140.00 | $241.6K | 4.9K | 1.8K |
| AVGO | CALL | SWEEP | BEARISH | 11/20/26 | $350.00 | $35.7K | 5.3K | 1.0K |
| SMCI | CALL | SWEEP | BULLISH | 12/18/26 | $40.00 | $46.1K | 9.2K | 943 |
| LITE | CALL | SWEEP | BEARISH | 10/16/26 | $1050.00 | $26.5K | 514 | 782 |
| SNDK | CALL | SWEEP | NEUTRAL | 10/16/26 | $1510.00 | $55.6K | 107 | 706 |
| IREN | CALL | SWEEP | BULLISH | 01/15/27 | $35.00 | $29.0K | 11.6K | 696 |
| MRVL | CALL | TRADE | NEUTRAL | 10/16/26 | $267.50 | $73.3K | 259 | 629 |
| ZM | CALL | TRADE | BEARISH | 01/19/29 | $45.00 | $54.3K | 0 | 528 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding CRWV (NASDAQ:CRWV), we observe a call option trade with bullish sentiment. It expires in 431 day(s) on December 17, 2027. Parties traded 70 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $28.3K, with a price of $405.0 per contract. There were 459 open contracts at this strike prior to today, and today 8597 contract(s) were bought and sold.
• For CSIQ (NASDAQ:CSIQ), we notice a put option sweep that happens to be bearish, expiring in 830 day(s) on January 19, 2029. This event was a transfer of 250 contract(s) at a $5.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $28.7K, with a price of $115.0 per contract. There were 1 open contracts at this strike prior to today, and today 6000 contract(s) were bought and sold.
• For ORCL (NYSE:ORCL), we notice a call option sweep that happens to be bearish, expiring in 39 day(s) on November 20, 2026. This event was a transfer of 286 contract(s) at a $140.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $241.6K, with a price of $845.0 per contract. There were 4952 open contracts at this strike prior to today, and today 1889 contract(s) were bought and sold.
• For AVGO (NASDAQ:AVGO), we notice a call option sweep that happens to be bearish, expiring in 39 day(s) on November 20, 2026. This event was a transfer of 17 contract(s) at a $350.00 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 $35.7K, with a price of $2100.0 per contract. There were 5323 open contracts at this strike prior to today, and today 1053 contract(s) were bought and sold.
• For SMCI (NASDAQ:SMCI), we notice a call option sweep that happens to be bullish, expiring in 67 day(s) on December 18, 2026. This event was a transfer of 90 contract(s) at a $40.00 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 $46.1K, with a price of $513.0 per contract. There were 9208 open contracts at this strike prior to today, and today 943 contract(s) were bought and sold.
• Regarding LITE (NASDAQ:LITE), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on October 16, 2026. Parties traded 26 contract(s) at a $1050.00 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 $26.5K, with a price of $1020.0 per contract. There were 514 open contracts at this strike prior to today, and today 782 contract(s) were bought and sold.
• Regarding SNDK (NASDAQ:SNDK), we observe a call option sweep with neutral sentiment. It expires in 4 day(s) on October 16, 2026. Parties traded 20 contract(s) at a $1510.00 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 $55.6K, with a price of $2782.0 per contract. There were 107 open contracts at this strike prior to today, and today 706 contract(s) were bought and sold.
• For IREN (NASDAQ:IREN), we notice a call option sweep that happens to be bullish, expiring in 95 day(s) on January 15, 2027. This event was a transfer of 50 contract(s) at a $35.00 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 $29.0K, with a price of $580.0 per contract. There were 11660 open contracts at this strike prior to today, and today 696 contract(s) were bought and sold.
• Regarding MRVL (NASDAQ:MRVL), we observe a call option trade with neutral sentiment. It expires in 4 day(s) on October 16, 2026. Parties traded 100 contract(s) at a $267.50 strike. The total cost received by the writing party (or parties) was $73.3K, with a price of $733.0 per contract. There were 259 open contracts at this strike prior to today, and today 629 contract(s) were bought and sold.
• Regarding ZM (NASDAQ:ZM), we observe a call option trade with bearish sentiment. It expires in 830 day(s) on January 19, 2029. Parties traded 9 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $54.3K, with a price of $6040.0 per contract. There were 0 open contracts at this strike prior to today, and today 528 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.
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