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.

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 bearish sentiment. It expires in 2 day(s) on January 27, 2023. Parties traded 147 contract(s) at a $130.00 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 $26.0K, with a price of $177.0 per contract. There were 22914 open contracts at this strike prior to today, and today 29537 contract(s) were bought and sold.

• Regarding AMZN AMZN, we observe a call option trade with bearish sentiment. It expires in 23 day(s) on February 17, 2023. Parties traded 84 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $26.1K, with a price of $311.0 per contract. There were 93791 open contracts at this strike prior to today, and today 16150 contract(s) were bought and sold.

• Regarding PTON PTON, we observe a put option trade with neutral sentiment. It expires in 9 day(s) on February 3, 2023. Parties traded 5000 contract(s) at a $9.00 strike. The total cost received by the writing party (or parties) was $150.0K, with a price of $30.0 per contract. There were 566 open contracts at this strike prior to today, and today 5028 contract(s) were bought and sold.

• For DASH DASH, we notice a call option trade that happens to be bearish, expiring in 205 day(s) on August 18, 2023. This event was a transfer of 1000 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $712.0K, with a price of $712.0 per contract. There were 43 open contracts at this strike prior to today, and today 2022 contract(s) were bought and sold.

• For PDD PDD, we notice a put option trade that happens to be bearish, expiring in 142 day(s) on June 16, 2023. This event was a transfer of 2000 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $868.0K, with a price of $434.0 per contract. There were 5100 open contracts at this strike prior to today, and today 2000 contract(s) were bought and sold.

• For NIO NIO, we notice a put option sweep that happens to be bearish, expiring in 51 day(s) on March 17, 2023. This event was a transfer of 456 contract(s) at a $10.00 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $28.7K, with a price of $63.0 per contract. There were 7803 open contracts at this strike prior to today, and today 857 contract(s) were bought and sold.

• Regarding BBBY BBBY, we observe a call option sweep with bearish sentiment. It expires in 23 day(s) on February 17, 2023. Parties traded 406 contract(s) at a $3.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $28.8K, with a price of $71.0 per contract. There were 23441 open contracts at this strike prior to today, and today 818 contract(s) were bought and sold.

• Regarding LEN LEN, we observe a put option sweep with bullish sentiment. It expires in 23 day(s) on February 17, 2023. Parties traded 200 contract(s) at a $95.00 strike. This particular put needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $33.0K, with a price of $165.0 per contract. There were 2330 open contracts at this strike prior to today, and today 290 contract(s) were bought and sold.

• Regarding DRI DRI, we observe a call option sweep with bearish sentiment. It expires in 723 day(s) on January 17, 2025. Parties traded 18 contract(s) at a $155.00 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 $33.8K, with a price of $1870.0 per contract. There were 707 open contracts at this strike prior to today, and today 149 contract(s) were bought and sold.

• For SBUX SBUX, we notice a call option trade that happens to be bullish, expiring in 723 day(s) on January 17, 2025. This event was a transfer of 20 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $49.1K, with a price of $2455.0 per contract. There were 70 open contracts at this strike prior to today, and today 128 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 about unusual options activity.

This article was generated by Benzinga's automated content engine and reviewed by an editor.