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 |
|---|---|---|---|---|---|---|---|---|
| NOK | CALL | TRADE | BULLISH | 01/15/27 | $15.00 | $89.4K | 54.4K | 1.6K |
| MSFT | PUT | TRADE | NEUTRAL | 12/15/28 | $550.00 | $35.3K | 275 | 931 |
| MSTR | PUT | TRADE | BEARISH | 10/16/26 | $100.00 | $25.5K | 2.3K | 738 |
| MU | PUT | TRADE | NEUTRAL | 01/21/28 | $470.00 | $30.7K | 260 | 685 |
| TE | CALL | TRADE | BULLISH | 10/16/26 | $8.00 | $36.0K | 234 | 658 |
| INTC | CALL | TRADE | NEUTRAL | 09/18/26 | $110.00 | $33.7K | 7.6K | 600 |
| ON | CALL | TRADE | BEARISH | 01/15/27 | $145.00 | $82.7K | 8.7K | 548 |
| IREN | CALL | TRADE | BEARISH | 01/15/27 | $35.00 | $47.6K | 13.6K | 338 |
| ORCL | PUT | SWEEP | NEUTRAL | 01/21/28 | $180.00 | $96.0K | 4.8K | 242 |
| NOW | CALL | TRADE | NEUTRAL | 11/20/26 | $170.00 | $51.2K | 244 | 128 |
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| NOK | CALL | TRADE | BULLISH | 01/15/27 | $15.00 | $89.4K | 54.4K | 1.6K |
| MSFT | PUT | TRADE | NEUTRAL | 12/15/28 | $550.00 | $35.3K | 275 | 931 |
| MSTR | PUT | TRADE | BEARISH | 10/16/26 | $100.00 | $25.5K | 2.3K | 738 |
| MU | PUT | TRADE | NEUTRAL | 01/21/28 | $470.00 | $30.7K | 260 | 685 |
| TE | CALL | TRADE | BULLISH | 10/16/26 | $8.00 | $36.0K | 234 | 658 |
| INTC | CALL | TRADE | NEUTRAL | 09/18/26 | $110.00 | $33.7K | 7.6K | 600 |
| ON | CALL | TRADE | BEARISH | 01/15/27 | $145.00 | $82.7K | 8.7K | 548 |
| IREN | CALL | TRADE | BEARISH | 01/15/27 | $35.00 | $47.6K | 13.6K | 338 |
| ORCL | PUT | SWEEP | NEUTRAL | 01/21/28 | $180.00 | $96.0K | 4.8K | 242 |
| NOW | CALL | TRADE | NEUTRAL | 11/20/26 | $170.00 | $51.2K | 244 | 128 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For NOK (NYSE:NOK), we notice a call option trade that happens to be bullish, expiring in 142 day(s) on January 15, 2027. This event was a transfer of 300 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $89.4K, with a price of $298.0 per contract. There were 54497 open contracts at this strike prior to today, and today 1614 contract(s) were bought and sold.
• For MSFT (NASDAQ:MSFT), we notice a put option trade that happens to be neutral, expiring in 842 day(s) on December 15, 2028. This event was a transfer of 2 contract(s) at a $550.00 strike. The total cost received by the writing party (or parties) was $35.3K, with a price of $17663.0 per contract. There were 275 open contracts at this strike prior to today, and today 931 contract(s) were bought and sold.
• For MSTR (NASDAQ:MSTR), we notice a put option trade that happens to be bearish, expiring in 51 day(s) on October 16, 2026. This event was a transfer of 20 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $25.5K, with a price of $1275.0 per contract. There were 2371 open contracts at this strike prior to today, and today 738 contract(s) were bought and sold.
• For MU (NASDAQ:MU), we notice a put option trade that happens to be neutral, expiring in 513 day(s) on January 21, 2028. This event was a transfer of 3 contract(s) at a $470.00 strike. The total cost received by the writing party (or parties) was $30.7K, with a price of $10266.0 per contract. There were 260 open contracts at this strike prior to today, and today 685 contract(s) were bought and sold.
• Regarding TE (NYSE:TE), we observe a call option trade with bullish sentiment. It expires in 51 day(s) on October 16, 2026. Parties traded 150 contract(s) at a $8.00 strike. The total cost received by the writing party (or parties) was $36.0K, with a price of $240.0 per contract. There were 234 open contracts at this strike prior to today, and today 658 contract(s) were bought and sold.
• Regarding INTC (NASDAQ:INTC), we observe a call option trade with neutral sentiment. It expires in 23 day(s) on September 18, 2026. Parties traded 15 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $33.7K, with a price of $2252.0 per contract. There were 7615 open contracts at this strike prior to today, and today 600 contract(s) were bought and sold.
• Regarding ON (NASDAQ:ON), we observe a call option trade with bearish sentiment. It expires in 142 day(s) on January 15, 2027. Parties traded 50 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $82.7K, with a price of $1655.0 per contract. There were 8730 open contracts at this strike prior to today, and today 548 contract(s) were bought and sold.
• Regarding IREN (NASDAQ:IREN), we observe a call option trade with bearish sentiment. It expires in 142 day(s) on January 15, 2027. Parties traded 17 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $47.6K, with a price of $2803.0 per contract. There were 13658 open contracts at this strike prior to today, and today 338 contract(s) were bought and sold.
• Regarding ORCL (NYSE:ORCL), we observe a put option sweep with neutral sentiment. It expires in 513 day(s) on January 21, 2028. Parties traded 20 contract(s) at a $180.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $96.0K, with a price of $4801.0 per contract. There were 4852 open contracts at this strike prior to today, and today 242 contract(s) were bought and sold.
• For NOW (NYSE:NOW), we notice a call option trade that happens to be neutral, expiring in 86 day(s) on November 20, 2026. This event was a transfer of 125 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $51.2K, with a price of $410.0 per contract. There were 244 open contracts at this strike prior to today, and today 128 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.
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.