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 Materials sector:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Strike Price	Total Trade Price	Open Interest	Volume
UAMY	CALL	TRADE	BEARISH	02/20/26	$10.00	$367.9K	4.4K	1.0K
CRML	CALL	SWEEP	BEARISH	05/15/26	$15.00	$63.0K	2.7K	109
USAR	CALL	TRADE	BULLISH	03/20/26	$29.00	$77.0K	387	103
EGO	CALL	TRADE	NEUTRAL	03/20/26	$27.00	$25.0K	573	76
TMC	CALL	TRADE	BULLISH	01/15/27	$3.50	$36.0K	1.2K	75

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• Regarding UAMY (AMEX:UAMY), we observe a call option trade with bearish sentiment. It expires in 24 day(s) on February 20, 2026. Parties traded 800 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $367.9K, with a price of $460.0 per contract. There were 4499 open contracts at this strike prior to today, and today 1014 contract(s) were bought and sold.

• Regarding CRML (NASDAQ:CRML), we observe a call option sweep with bearish sentiment. It expires in 108 day(s) on May 15, 2026. Parties traded 100 contract(s) at a $15.00 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 $63.0K, with a price of $630.0 per contract. There were 2747 open contracts at this strike prior to today, and today 109 contract(s) were bought and sold.

• For USAR (NASDAQ:USAR), we notice a call option trade that happens to be bullish, expiring in 52 day(s) on March 20, 2026. This event was a transfer of 100 contract(s) at a $29.00 strike. The total cost received by the writing party (or parties) was $77.0K, with a price of $770.0 per contract. There were 387 open contracts at this strike prior to today, and today 103 contract(s) were bought and sold.

• For EGO (NYSE:EGO), we notice a call option trade that happens to be neutral, expiring in 52 day(s) on March 20, 2026. This event was a transfer of 76 contract(s) at a $27.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $330.0 per contract. There were 573 open contracts at this strike prior to today, and today 76 contract(s) were bought and sold.

• Regarding TMC (NASDAQ:TMC), we observe a call option trade with bullish sentiment. It expires in 353 day(s) on January 15, 2027. Parties traded 75 contract(s) at a $3.50 strike. The total cost received by the writing party (or parties) was $36.0K, with a price of $480.0 per contract. There were 1207 open contracts at this strike prior to today, and today 75 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, visit our Guide to Understanding Options Alerts or read more news on unusual options activity.

This article was generated by Benzinga's automated content engine and reviewed by an editor.