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.

• For TSLA TSLA, we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 300 contract(s) at a $217.50 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $113.4K, with a price of $380.0 per contract. There were 0 open contracts at this strike prior to today, and today 72384 contract(s) were bought and sold.

• For BABA BABA, we notice a call option trade that happens to be bearish, expiring in 175 day(s) on January 17, 2025. This event was a transfer of 250 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $43.0K, with a price of $172.0 per contract. There were 8306 open contracts at this strike prior to today, and today 3497 contract(s) were bought and sold.

• Regarding NKE NKE, we observe a call option sweep with bearish sentiment. It expires in 56 day(s) on September 20, 2024. Parties traded 933 contract(s) at a $80.00 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 $76.5K, with a price of $82.0 per contract. There were 40822 open contracts at this strike prior to today, and today 2652 contract(s) were bought and sold.

• For MCD MCD, we notice a put option sweep that happens to be bearish, expiring in 7 day(s) on August 2, 2024. This event was a transfer of 200 contract(s) at a $245.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $47.9K, with a price of $239.0 per contract. There were 3006 open contracts at this strike prior to today, and today 1747 contract(s) were bought and sold.

• For BALY BALY, we notice a call option trade that happens to be bearish, expiring in 21 day(s) on August 16, 2024. This event was a transfer of 828 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $161.4K, with a price of $195.0 per contract. There were 3235 open contracts at this strike prior to today, and today 1008 contract(s) were bought and sold.

• Regarding CVNA CVNA, we observe a call option trade with bullish sentiment. It expires in 21 day(s) on August 16, 2024. Parties traded 35 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $30.2K, with a price of $865.0 per contract. There were 6415 open contracts at this strike prior to today, and today 771 contract(s) were bought and sold.

• For PHM PHM, we notice a put option trade that happens to be bullish, expiring in 84 day(s) on October 18, 2024. This event was a transfer of 50 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $49.3K, with a price of $987.0 per contract. There were 2 open contracts at this strike prior to today, and today 597 contract(s) were bought and sold.

• Regarding PDD PDD, we observe a put option sweep with bullish sentiment. It expires in 28 day(s) on August 23, 2024. Parties traded 29 contract(s) at a $143.00 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 $37.9K, with a price of $1305.0 per contract. There were 0 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.

• Regarding DECK DECK, we observe a call option trade with bearish sentiment. It expires in 21 day(s) on August 16, 2024. Parties traded 35 contract(s) at a $940.00 strike. The total cost received by the writing party (or parties) was $50.7K, with a price of $1450.0 per contract. There were 37 open contracts at this strike prior to today, and today 207 contract(s) were bought and sold.

• Regarding AMZN AMZN, we observe a put option trade with bearish sentiment. It expires in 875 day(s) on December 18, 2026. Parties traded 25 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $78.7K, with a price of $3150.0 per contract. There were 864 open contracts at this strike prior to today, and today 191 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.