10 Consumer Discretionary Stocks Showing Unusual Options Activity In Today's Session

This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming levels.

Below are some instances of unusual 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 call option sweep with bullish sentiment. It expires in 4 day(s) on August 27, 2021. Parties traded 295 contract(s) at a $720.00 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 $205.0K, with a price of $695.0 per contract. There were 5480 open contracts at this strike prior to today, and today 31209 contract(s) were bought and sold.

• For BABA BABA, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on August 27, 2021. This event was a transfer of 237 contract(s) at a $160.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $110.2K, with a price of $465.0 per contract. There were 5962 open contracts at this strike prior to today, and today 29479 contract(s) were bought and sold.

• Regarding GPS GPS, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on August 27, 2021. Parties traded 252 contract(s) at a $29.00 strike. This particular call needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $27.7K, with a price of $110.0 per contract. There were 12862 open contracts at this strike prior to today, and today 8126 contract(s) were bought and sold.

• Regarding PDD PDD, we observe a call option trade with bearish sentiment. It expires in 4 day(s) on August 27, 2021. Parties traded 643 contract(s) at a $88.00 strike. The total cost received by the writing party (or parties) was $98.3K, with a price of $153.0 per contract. There were 681 open contracts at this strike prior to today, and today 8037 contract(s) were bought and sold.

• Regarding NIO NIO, we observe a call option sweep with bearish sentiment. It expires in 11 day(s) on September 3, 2021. Parties traded 436 contract(s) at a $40.00 strike. This particular call needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $34.4K, with a price of $78.0 per contract. There were 5417 open contracts at this strike prior to today, and today 7189 contract(s) were bought and sold.

• Regarding WKHS WKHS, we observe a put option sweep with bearish sentiment. It expires in 11 day(s) on September 3, 2021. Parties traded 629 contract(s) at a $8.50 strike. This particular put needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $25.2K, with a price of $40.0 per contract. There were 224 open contracts at this strike prior to today, and today 4050 contract(s) were bought and sold.

• Regarding QS QS, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on August 27, 2021. Parties traded 438 contract(s) at a $20.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $31.3K, with a price of $71.0 per contract. There were 2354 open contracts at this strike prior to today, and today 1891 contract(s) were bought and sold.

• Regarding CCL CCL, we observe a put option trade with neutral sentiment. It expires in 207 day(s) on March 18, 2022. Parties traded 1490 contract(s) at a $22.50 strike. The total cost received by the writing party (or parties) was $514.0K, with a price of $345.0 per contract. There were 15515 open contracts at this strike prior to today, and today 1501 contract(s) were bought and sold.

• Regarding F F, we observe a call option sweep with bullish sentiment. It expires in 53 day(s) on October 15, 2021. Parties traded 500 contract(s) at a $12.00 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 $54.0K, with a price of $108.0 per contract. There were 8594 open contracts at this strike prior to today, and today 1113 contract(s) were bought and sold.

• Regarding XPEV XPEV, we observe a call option sweep with bullish sentiment. It expires in 25 day(s) on September 17, 2021. Parties traded 981 contract(s) at a $50.00 strike. This particular call needed to be split into 49 different trades to become filled. The total cost received by the writing party (or parties) was $35.3K, with a price of $36.0 per contract. There were 3481 open contracts at this strike prior to today, and today 1035 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.