In the world of trading, information is power, and one of the most significant sources of insight comes from observing the movements of “whales”—entities or individuals with substantial financial resources. At Benzinga, our options activity scanner is designed to track these entities, helping traders identify potential lucrative opportunities in the trading landscape.
Traders often seek discrepancies between the market valuation of options and their intrinsic worth, looking for scenarios where high trading volumes push the prices up or down to exaggerated levels. This article explores current options activity in the Information Technology sector, showcasing key examples, and analyzing their trading sentiment and implications.
Recent Options Activity in Technology
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| SEDG | PUT | TRADE | BULLISH | 12/19/25 | $37.50 | $55.8K | 8.9K | 14.2K |
| MSTR | CALL | TRADE | BEARISH | 12/05/25 | $185.00 | $38.7K | 27.9K | 10.3K |
| NVDA | CALL | SWEEP | NEUTRAL | 05/15/26 | $140.00 | $29.1K | 13.7K | 6.8K |
Let’s delve into a few instances from the table that offer intriguing insights:
SEDG (NASDAQ:SEDG) shows a **put** option trade reflecting **bullish** sentiment. With an expiration set for December 19, 2025, the strike price is $37.50. A total of 90 contracts traded, bringing in $55.8K for the writing party, with a per-contract price of $620. Open interest at this strike was 8.9K before a significant surge to 14.2K contracts today.
Looking at MSTR (NASDAQ:MSTR), a **call** option trade exhibited **bearish** sentiment, expiring on December 5, 2025, with a strike price of $185. The transaction involved 89 contracts, totaling to $38.7K, with each contract trading for $435. This moment saw open interest at 27.9K contracts, indicating a bustling trading environment.
In the case of NVDA (NASDAQ:NVDA), a **call** option **sweep** reflects a **neutral** sentiment with an expiration on May 15, 2026, at a strike price of $140. The trade covered 6 contracts divided into three separate trades, totaling $29.1K. Open interest stood at 13.7K prior to this activity.
Exploring further, CSCO (NASDAQ:CSCO) reveals a **call** option **sweep** with **bearish** sentiment, set to expire in 16 days with a $79.00 strike price. An impressive 1,197 contracts traded amounted to $77.8K, reflecting a per-contract price of $65. Open interest before this transaction was merely 483 contracts, highlighting the importance of this trading activity.
For IREN (NASDAQ:IREN), we observe another **put** option **sweep** indicating **bearish** sentiment, with a $30.00 strike price and a total of 775 contracts traded. This movement resulted in $38.7K received by the writing party, with the contracts priced at $50. Open interest was noted at 9.4K before seeing a rise to 3.4K contracts purchased today.
Understanding Options Terminology
Call Contracts: These contracts give the holder the right to purchase shares as specified in the contract.
Put Contracts: These contracts grant the holder the right to sell shares as detailed in the contract.
Expiration Date: This is crucial, as it determines when the contract becomes void; action must be taken before this date to realize any benefits.
Premium/Option Price: Refers to the cost of purchasing the contract.
For those looking for a deeper understanding of options and trading alerts, take a moment to explore Benzinga’s Guide to Understanding Options Alerts or dive into more about unusual options activity. This knowledge could be invaluable in navigating the dynamic world of trading.
This content was produced by Benzinga’s automated content engine and has been meticulously reviewed for accuracy and clarity.