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 will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels.

Here's the list of options activity happening in today's session:

Explanation

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

• Regarding UAA UAA, we observe a put option sweep with bearish sentiment. It expires in 190 day(s) on September 20, 2024. Parties traded 1006 contract(s) at a $7.50 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $105.6K, with a price of $105.0 per contract. There were 14822 open contracts at this strike prior to today, and today 49060 contract(s) were bought and sold.

• For TSLA TSLA, we notice a call option sweep that happens to be bearish, expiring in 64 day(s) on May 17, 2024. This event was a transfer of 484 contract(s) at a $225.00 strike. This particular call needed to be split into 32 different trades to become filled. The total cost received by the writing party (or parties) was $77.4K, with a price of $160.0 per contract. There were 7979 open contracts at this strike prior to today, and today 4883 contract(s) were bought and sold.

• Regarding AMZN AMZN, we observe a call option trade with bearish sentiment. It expires in 1 day(s) on March 15, 2024. Parties traded 88 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $70.4K, with a price of $800.0 per contract. There were 33577 open contracts at this strike prior to today, and today 4245 contract(s) were bought and sold.

• Regarding BABA BABA, we observe a call option trade with neutral sentiment. It expires in 36 day(s) on April 19, 2024. Parties traded 100 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $27.0K, with a price of $270.0 per contract. There were 20022 open contracts at this strike prior to today, and today 3853 contract(s) were bought and sold.

• For PENN PENN, we notice a call option sweep that happens to be bearish, expiring in 8 day(s) on March 22, 2024. This event was a transfer of 1021 contract(s) at a $19.00 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 $44.9K, with a price of $44.0 per contract. There were 484 open contracts at this strike prior to today, and today 693 contract(s) were bought and sold.

• Regarding NKE NKE, we observe a put option sweep with bullish sentiment. It expires in 99 day(s) on June 21, 2024. Parties traded 125 contract(s) at a $105.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $103.1K, with a price of $825.0 per contract. There were 4012 open contracts at this strike prior to today, and today 347 contract(s) were bought and sold.

• For PDD PDD, we notice a call option sweep that happens to be neutral, expiring in 218 day(s) on October 18, 2024. This event was a transfer of 42 contract(s) at a $150.00 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 $58.8K, with a price of $1402.0 per contract. There were 60 open contracts at this strike prior to today, and today 140 contract(s) were bought and sold.

• For ABG ABG, we notice a put option sweep that happens to be bullish, expiring in 127 day(s) on July 19, 2024. This event was a transfer of 115 contract(s) at a $220.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $249.5K, with a price of $2170.0 per contract. There were 32 open contracts at this strike prior to today, and today 115 contract(s) were bought and sold.

• For W W, we notice a call option trade that happens to be bearish, expiring in 1 day(s) on March 15, 2024. This event was a transfer of 630 contract(s) at a $62.00 strike. The total cost received by the writing party (or parties) was $93.2K, with a price of $148.0 per contract. There were 1462 open contracts at this strike prior to today, and today 111 contract(s) were bought and sold.

• Regarding EDU EDU, we observe a call option trade with bullish sentiment. It expires in 36 day(s) on April 19, 2024. Parties traded 86 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $31.7K, with a price of $369.0 per contract. There were 354 open contracts at this strike prior to today, and today 87 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.