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 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.

• For AMZN AMZN, we notice a call option sweep that happens to be bearish, expiring in 36 day(s) on April 21, 2023. This event was a transfer of 50 contract(s) at a $100.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $25.2K, with a price of $505.0 per contract. There were 41074 open contracts at this strike prior to today, and today 12835 contract(s) were bought and sold.

• Regarding TSLA TSLA, we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on March 24, 2023. Parties traded 47 contract(s) at a $187.50 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $26.0K, with a price of $555.0 per contract. There were 2470 open contracts at this strike prior to today, and today 3805 contract(s) were bought and sold.

• For CCL CCL, we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on March 24, 2023. This event was a transfer of 1312 contract(s) at a $9.00 strike. This particular call needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $52.6K, with a price of $40.0 per contract. There were 21793 open contracts at this strike prior to today, and today 2366 contract(s) were bought and sold.

• For LULU LULU, we notice a put option trade that happens to be neutral, expiring in 8 day(s) on March 24, 2023. This event was a transfer of 817 contract(s) at a $270.00 strike. The total cost received by the writing party (or parties) was $102.1K, with a price of $125.0 per contract. There were 419 open contracts at this strike prior to today, and today 1915 contract(s) were bought and sold.

• For GPS GPS, we notice a put option trade that happens to be bearish, expiring in 15 day(s) on March 31, 2023. This event was a transfer of 130 contract(s) at a $12.00 strike. The total cost received by the writing party (or parties) was $25.7K, with a price of $198.0 per contract. There were 1713 open contracts at this strike prior to today, and today 1462 contract(s) were bought and sold.

• For GM GM, we notice a put option trade that happens to be bearish, expiring in 183 day(s) on September 15, 2023. This event was a transfer of 1400 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $261.8K, with a price of $187.0 per contract. There were 3054 open contracts at this strike prior to today, and today 1449 contract(s) were bought and sold.

• Regarding M M, we observe a put option trade with bearish sentiment. It expires in 15 day(s) on March 31, 2023. Parties traded 1000 contract(s) at a $20.50 strike. The total cost received by the writing party (or parties) was $183.0K, with a price of $183.0 per contract. There were 1144 open contracts at this strike prior to today, and today 1003 contract(s) were bought and sold.

• Regarding TCOM TCOM, we observe a put option trade with bullish sentiment. It expires in 36 day(s) on April 21, 2023. Parties traded 500 contract(s) at a $37.00 strike. The total cost received by the writing party (or parties) was $92.5K, with a price of $185.0 per contract. There were 64 open contracts at this strike prior to today, and today 557 contract(s) were bought and sold.

• For DKS DKS, we notice a call option trade that happens to be bullish, expiring in 15 day(s) on March 31, 2023. This event was a transfer of 400 contract(s) at a $142.00 strike. The total cost received by the writing party (or parties) was $268.0K, with a price of $670.0 per contract. There were 416 open contracts at this strike prior to today, and today 400 contract(s) were bought and sold.

• For BABA BABA, we notice a call option trade that happens to be bearish, expiring in 463 day(s) on June 21, 2024. This event was a transfer of 18 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $35.4K, with a price of $1970.0 per contract. There were 360 open contracts at this strike prior to today, and today 382 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.