10 Information Technology Stocks Whale Activity In Today’s Session
I'm LongbridgeAI, I can summarize articles.Benzinga tracked significant options activity in the Information Technology sector, highlighting 'whale' trades for stocks including NVDA, MU, SNDK, MRVL, INTC, APLD, SNPS, CIFR, and AAOI. The data reveals mixed sentiments: bullish put sweeps on NVDA and APLD, alongside bearish call sweeps on MU, SNDK, MRVL, and INTC. Bullish call activity was also noted for SNPS, CIFR, and AAOI. These large-volume transactions suggest potential trading opportunities based on divergences between market estimation and normal option values.
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 |
|---|---|---|---|---|---|---|---|---|
| NVDA | PUT | SWEEP | BULLISH | 10/02/26 | $230.00 | $25.5K | 22.5K | 113.7K |
| MU | CALL | SWEEP | BEARISH | 10/02/26 | $1100.00 | $26.7K | 13.4K | 47.9K |
| SNDK | CALL | TRADE | BEARISH | 10/02/26 | $1800.00 | $26.1K | 2.0K | 8.1K |
| MRVL | CALL | SWEEP | BEARISH | 10/02/26 | $270.00 | $55.4K | 3.0K | 7.3K |
| INTC | CALL | SWEEP | BEARISH | 10/16/26 | $120.00 | $676.3K | 37.8K | 7.2K |
| APLD | PUT | SWEEP | BULLISH | 10/23/26 | $20.00 | $54.7K | 182 | 3.2K |
| SNPS | CALL | SWEEP | BULLISH | 10/02/26 | $500.00 | $28.2K | 65 | 2.7K |
| CIFR | CALL | TRADE | BULLISH | 01/15/27 | $20.00 | $25.2K | 49.2K | 1.6K |
| AAOI | CALL | TRADE | BULLISH | 10/09/26 | $110.00 | $72.0K | 598 | 1.5K |
| SKHY | CALL | TRADE | BULLISH | 10/02/26 | $185.00 | $28.1K | 1.7K | 1.5K |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding NVDA (NASDAQ:NVDA), we observe a put option sweep with bullish sentiment. It expires in 1 day(s) on October 2, 2026. Parties traded 206 contract(s) at a $230.00 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 $25.5K, with a price of $124.0 per contract. There were 22577 open contracts at this strike prior to today, and today 113742 contract(s) were bought and sold.
• Regarding MU (NASDAQ:MU), we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on October 2, 2026. Parties traded 39 contract(s) at a $1100.00 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 $26.7K, with a price of $693.0 per contract. There were 13408 open contracts at this strike prior to today, and today 47988 contract(s) were bought and sold.
• Regarding SNDK (NASDAQ:SNDK), we observe a call option trade with bearish sentiment. It expires in 1 day(s) on October 2, 2026. Parties traded 10 contract(s) at a $1800.00 strike. The total cost received by the writing party (or parties) was $26.1K, with a price of $2610.0 per contract. There were 2013 open contracts at this strike prior to today, and today 8111 contract(s) were bought and sold.
• For MRVL (NASDAQ:MRVL), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on October 2, 2026. This event was a transfer of 152 contract(s) at a $270.00 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 $55.4K, with a price of $365.0 per contract. There were 3022 open contracts at this strike prior to today, and today 7326 contract(s) were bought and sold.
• Regarding INTC (NASDAQ:INTC), we observe a call option sweep with bearish sentiment. It expires in 15 day(s) on October 16, 2026. Parties traded 946 contract(s) at a $120.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $676.3K, with a price of $715.0 per contract. There were 37825 open contracts at this strike prior to today, and today 7231 contract(s) were bought and sold.
• Regarding APLD (NASDAQ:APLD), we observe a put option sweep with bullish sentiment. It expires in 22 day(s) on October 23, 2026. Parties traded 1094 contract(s) at a $20.00 strike. This particular put needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $54.7K, with a price of $50.0 per contract. There were 182 open contracts at this strike prior to today, and today 3287 contract(s) were bought and sold.
• Regarding SNPS (NASDAQ:SNPS), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on October 2, 2026. Parties traded 50 contract(s) at a $500.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $28.2K, with a price of $551.0 per contract. There were 65 open contracts at this strike prior to today, and today 2778 contract(s) were bought and sold.
• For CIFR (NASDAQ:CIFR), we notice a call option trade that happens to be bullish, expiring in 106 day(s) on January 15, 2027. This event was a transfer of 140 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $180.0 per contract. There were 49248 open contracts at this strike prior to today, and today 1682 contract(s) were bought and sold.
• Regarding AAOI (NASDAQ:AAOI), we observe a call option trade with bullish sentiment. It expires in 8 day(s) on October 9, 2026. Parties traded 150 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $72.0K, with a price of $480.0 per contract. There were 598 open contracts at this strike prior to today, and today 1593 contract(s) were bought and sold.
• Regarding SKHY (NASDAQ:SKHY), we observe a call option trade with bullish sentiment. It expires in 1 day(s) on October 2, 2026. Parties traded 49 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $28.1K, with a price of $575.0 per contract. There were 1778 open contracts at this strike prior to today, and today 1515 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.