10 Consumer Discretionary Stocks Whale Activity In Today's Session

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 Consumer Discretionary sector:

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding BABA BABA, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on January 26, 2024. Parties traded 757 contract(s) at a $73.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $110.7K, with a price of $146.0 per contract. There were 11330 open contracts at this strike prior to today, and today 15494 contract(s) were bought and sold.

• For SBUX SBUX, we notice a call option sweep that happens to be bullish, expiring in 10 day(s) on February 2, 2024. This event was a transfer of 493 contract(s) at a $99.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $35.0K, with a price of $71.0 per contract. There were 15858 open contracts at this strike prior to today, and today 6352 contract(s) were bought and sold.

• For JD JD, we notice a call option trade that happens to be bearish, expiring in 52 day(s) on March 15, 2024. This event was a transfer of 437 contract(s) at a $22.50 strike. The total cost received by the writing party (or parties) was $102.2K, with a price of $234.0 per contract. There were 10672 open contracts at this strike prior to today, and today 5138 contract(s) were bought and sold.

• Regarding NKE NKE, we observe a put option sweep with bullish sentiment. It expires in 87 day(s) on April 19, 2024. Parties traded 70 contract(s) at a $110.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $67.9K, with a price of $970.0 per contract. There were 2336 open contracts at this strike prior to today, and today 944 contract(s) were bought and sold.

• For SBH SBH, we notice a call option sweep that happens to be bearish, expiring in 241 day(s) on September 20, 2024. This event was a transfer of 329 contract(s) at a $7.50 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $167.8K, with a price of $510.0 per contract. There were 0 open contracts at this strike prior to today, and today 889 contract(s) were bought and sold.

• Regarding IRBT IRBT, we observe a call option sweep with bullish sentiment. It expires in 24 day(s) on February 16, 2024. Parties traded 127 contract(s) at a $20.00 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 $45.7K, with a price of $360.0 per contract. There were 5998 open contracts at this strike prior to today, and today 638 contract(s) were bought and sold.

• For AMZN AMZN, we notice a put option sweep that happens to be bearish, expiring in 10 day(s) on February 2, 2024. This event was a transfer of 250 contract(s) at a $142.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $27.7K, with a price of $111.0 per contract. There were 1264 open contracts at this strike prior to today, and today 389 contract(s) were bought and sold.

• Regarding AAP AAP, we observe a call option sweep with bearish sentiment. It expires in 150 day(s) on June 21, 2024. Parties traded 130 contract(s) at a $75.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $76.0K, with a price of $585.0 per contract. There were 621 open contracts at this strike prior to today, and today 307 contract(s) were bought and sold.

• Regarding TSLA TSLA, we observe a put option sweep with bullish sentiment. It expires in 360 day(s) on January 17, 2025. Parties traded 21 contract(s) at a $170.00 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 $36.2K, with a price of $1725.0 per contract. There were 19654 open contracts at this strike prior to today, and today 288 contract(s) were bought and sold.

• Regarding RCL RCL, we observe a put option sweep with bullish sentiment. It expires in 10 day(s) on February 2, 2024. Parties traded 210 contract(s) at a $120.00 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 $52.0K, with a price of $248.0 per contract. There were 505 open contracts at this strike prior to today, and today 228 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.