I'm LongbridgeAI, I can summarize articles.Benzinga's options activity scanner identified significant 'whale' trading in the Information Technology sector. Large institutional players executed substantial put and call options across stocks including AVGO, MU, VSH, MSTR, CRWV, WULF, NVDA, NBIS, and HPE. The majority of these high-volume trades exhibited bearish sentiment, with notable activity in put sweeps for AVGO and call sweeps for VSH and MSTR, suggesting potential downward pressure or hedging strategies among major market participants.
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 |
|---|---|---|---|---|---|---|---|---|
| AVGO | PUT | SWEEP | BEARISH | 10/02/26 | $350.00 | $28.1K | 4.8K | 40.8K |
| MU | CALL | TRADE | BEARISH | 10/02/26 | $1080.00 | $34.0K | 2.6K | 22.5K |
| VSH | CALL | SWEEP | BEARISH | 10/16/26 | $40.00 | $60.9K | 5.0K | 4.3K |
| MSTR | CALL | SWEEP | BEARISH | 10/16/26 | $165.00 | $91.0K | 2.7K | 3.8K |
| CRWV | PUT | TRADE | BEARISH | 01/15/27 | $80.00 | $109.1K | 6.3K | 2.8K |
| WULF | CALL | SWEEP | BEARISH | 11/20/26 | $16.00 | $129.7K | 26.9K | 1.7K |
| NVDA | PUT | TRADE | NEUTRAL | 12/18/26 | $240.00 | $68.2K | 3.0K | 1.2K |
| NBIS | PUT | TRADE | BEARISH | 11/20/26 | $250.00 | $116.7K | 572 | 1.2K |
| HPE | CALL | TRADE | BEARISH | 12/18/26 | $70.00 | $27.1K | 16.8K | 1.1K |
| STX | CALL | TRADE | BEARISH | 10/16/26 | $900.00 | $37.6K | 1.6K | 1.1K |
Explanation
These itemized elaborations have been created using the accompanying table.
• For AVGO (NASDAQ:AVGO), we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 1044 contract(s) at a $350.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $28.1K, with a price of $27.0 per contract. There were 4840 open contracts at this strike prior to today, and today 40873 contract(s) were bought and sold.
• For MU (NASDAQ:MU), we notice a call option trade that happens to be bearish, is expiring today. Parties traded 100 contract(s) at a $1080.00 strike. The total cost received by the writing party (or parties) was $34.0K, with a price of $340.0 per contract. There were 2696 open contracts at this strike prior to today, and today 22590 contract(s) were bought and sold.
• For VSH (NYSE:VSH), we notice a call option sweep that happens to be bearish, expiring in 14 day(s) on October 16, 2026. This event was a transfer of 406 contract(s) at a $40.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $60.9K, with a price of $150.0 per contract. There were 5024 open contracts at this strike prior to today, and today 4355 contract(s) were bought and sold.
• Regarding MSTR (NASDAQ:MSTR), we observe a call option sweep with bearish sentiment. It expires in 14 day(s) on October 16, 2026. Parties traded 200 contract(s) at a $165.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $91.0K, with a price of $455.0 per contract. There were 2732 open contracts at this strike prior to today, and today 3819 contract(s) were bought and sold.
• For CRWV (NASDAQ:CRWV), we notice a put option trade that happens to be bearish, expiring in 105 day(s) on January 15, 2027. This event was a transfer of 124 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $109.1K, with a price of $880.0 per contract. There were 6320 open contracts at this strike prior to today, and today 2845 contract(s) were bought and sold.
• Regarding WULF (NASDAQ:WULF), we observe a call option sweep with bearish sentiment. It expires in 49 day(s) on November 20, 2026. Parties traded 816 contract(s) at a $16.00 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 $129.7K, with a price of $159.0 per contract. There were 26986 open contracts at this strike prior to today, and today 1781 contract(s) were bought and sold.
• Regarding NVDA (NASDAQ:NVDA), we observe a put option trade with neutral sentiment. It expires in 77 day(s) on December 18, 2026. Parties traded 41 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $68.2K, with a price of $1665.0 per contract. There were 3012 open contracts at this strike prior to today, and today 1254 contract(s) were bought and sold.
• Regarding NBIS (NASDAQ:NBIS), we observe a put option trade with bearish sentiment. It expires in 49 day(s) on November 20, 2026. Parties traded 35 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $116.7K, with a price of $3335.0 per contract. There were 572 open contracts at this strike prior to today, and today 1250 contract(s) were bought and sold.
• Regarding HPE (NYSE:HPE), we observe a call option trade with bearish sentiment. It expires in 77 day(s) on December 18, 2026. Parties traded 30 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $27.1K, with a price of $905.0 per contract. There were 16819 open contracts at this strike prior to today, and today 1179 contract(s) were bought and sold.
• Regarding STX (NASDAQ:STX), we observe a call option trade with bearish sentiment. It expires in 14 day(s) on October 16, 2026. Parties traded 20 contract(s) at a $900.00 strike. The total cost received by the writing party (or parties) was $37.6K, with a price of $1880.0 per contract. There were 1640 open contracts at this strike prior to today, and today 1179 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.