10 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.

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 put option sweep that happens to be bullish, expiring in 1 day(s) on December 23, 2022. This event was a transfer of 201 contract(s) at a $120.00 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 $31.1K, with a price of $155.0 per contract. There were 20098 open contracts at this strike prior to today, and today 87055 contract(s) were bought and sold.

• Regarding GM GM, we observe a put option sweep with bearish sentiment. It expires in 57 day(s) on February 17, 2023. Parties traded 433 contract(s) at a $33.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $82.2K, with a price of $189.0 per contract. There were 2133 open contracts at this strike prior to today, and today 5687 contract(s) were bought and sold.

• For URBN URBN, we notice a put option sweep that happens to be bearish, expiring in 29 day(s) on January 20, 2023. This event was a transfer of 249 contract(s) at a $25.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $43.5K, with a price of $175.0 per contract. There were 4045 open contracts at this strike prior to today, and today 4571 contract(s) were bought and sold.

• For KMX KMX, we notice a put option sweep that happens to be bullish, expiring in 29 day(s) on January 20, 2023. This event was a transfer of 500 contract(s) at a $50.00 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $47.5K, with a price of $95.0 per contract. There were 5427 open contracts at this strike prior to today, and today 2544 contract(s) were bought and sold.

• Regarding M M, we observe a put option sweep with bullish sentiment. It expires in 29 day(s) on January 20, 2023. Parties traded 193 contract(s) at a $20.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $28.1K, with a price of $146.0 per contract. There were 14452 open contracts at this strike prior to today, and today 2117 contract(s) were bought and sold.

• For GME GME, we notice a put option sweep that happens to be bullish, expiring in 29 day(s) on January 20, 2023. This event was a transfer of 100 contract(s) at a $20.00 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 $29.9K, with a price of $299.0 per contract. There were 9147 open contracts at this strike prior to today, and today 1802 contract(s) were bought and sold.

• Regarding AMZN AMZN, we observe a put option sweep with bullish sentiment. It expires in 57 day(s) on February 17, 2023. Parties traded 100 contract(s) at a $85.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $72.5K, with a price of $725.0 per contract. There were 19595 open contracts at this strike prior to today, and today 1232 contract(s) were bought and sold.

• Regarding PDD PDD, we observe a call option trade with bearish sentiment. It expires in 29 day(s) on January 20, 2023. Parties traded 500 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $31.5K, with a price of $63.0 per contract. There were 11781 open contracts at this strike prior to today, and today 1001 contract(s) were bought and sold.

• For ROST ROST, we notice a put option sweep that happens to be bearish, expiring in 148 day(s) on May 19, 2023. This event was a transfer of 173 contract(s) at a $100.00 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 $77.8K, with a price of $450.0 per contract. There were 60 open contracts at this strike prior to today, and today 766 contract(s) were bought and sold.

• Regarding WSM WSM, we observe a put option trade with neutral sentiment. It expires in 1 day(s) on December 23, 2022. Parties traded 638 contract(s) at a $116.00 strike. The total cost received by the writing party (or parties) was $132.0K, with a price of $207.0 per contract. There were 783 open contracts at this strike prior to today, and today 638 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.