6 Consumer Discretionary Stocks With Whale Alerts 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 bullet-by-bullet explanations have been constructed using the accompanying table.

• Regarding TSLA TSLA, we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on March 7, 2025. Parties traded 82 contract(s) at a $270.00 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 $54.9K, with a price of $670.0 per contract. There were 10772 open contracts at this strike prior to today, and today 67858 contract(s) were bought and sold.

• For AMZN AMZN, we notice a put option sweep that happens to be bullish, expiring in 2 day(s) on March 7, 2025. This event was a transfer of 132 contract(s) at a $205.00 strike. This particular put needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $28.6K, with a price of $217.0 per contract. There were 4300 open contracts at this strike prior to today, and today 10706 contract(s) were bought and sold.

• Regarding SBUX SBUX, we observe a call option sweep with bearish sentiment. It expires in 16 day(s) on March 21, 2025. Parties traded 261 contract(s) at a $115.00 strike. This particular call needed to be split into 81 different trades to become filled. The total cost received by the writing party (or parties) was $32.1K, with a price of $123.0 per contract. There were 14488 open contracts at this strike prior to today, and today 3914 contract(s) were bought and sold.

• Regarding PDD PDD, we observe a call option sweep with bullish sentiment. It expires in 16 day(s) on March 21, 2025. Parties traded 110 contract(s) at a $120.00 strike. This particular call needed to be split into 71 different trades to become filled. The total cost received by the writing party (or parties) was $83.7K, with a price of $760.0 per contract. There were 7543 open contracts at this strike prior to today, and today 993 contract(s) were bought and sold.

• Regarding DPZ DPZ, we observe a put option sweep with neutral sentiment. It expires in 23 day(s) on March 28, 2025. Parties traded 311 contract(s) at a $430.00 strike. This particular put needed to be split into 188 different trades to become filled. The total cost received by the writing party (or parties) was $86.7K, with a price of $280.0 per contract. There were 11 open contracts at this strike prior to today, and today 311 contract(s) were bought and sold.

• Regarding M M, we observe a call option sweep with bullish sentiment. It expires in 16 day(s) on March 21, 2025. Parties traded 211 contract(s) at a $12.50 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $124.0 per contract. There were 14 open contracts at this strike prior to today, and today 211 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.