IT Stocks See Large Whale Activity as Options Market Diverges

Large sums of money are being moved around in the Information Technology sector. Benzinga's options activity scanner has tracked several instances where market estimates diverge from normal values. These events can create opportunities for traders to buy and sell at exaggerated or underestimated levels.

The data shows that NVDA had a call option sweep with bullish sentiment, expiring on September 25, 2026. The parties traded 450 contracts at a $225 strike price, with the total cost received by the writing party being $57.6K and the open interest being 38.4K.

AAPL had a put option sweep that was bearish, also expiring on September 25, 2026. The parties traded 620 contracts at a $335 strike price, with the total cost received by the writing party being $43.4K and the open interest being 6.8K.

Other notable instances include AMD's call option sweep that was bearish, MU's call option sweep that was bullish, SNDK's call option trade that was bearish, SKHY's call option sweep that was bearish, WULF's call option trade that was bearish, QCOM's put option trade that was bullish, NOW's put option trade that was neutral, and MSTR's call option sweep that was bearish.