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 will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated 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 4 day(s) on April 21, 2023. Parties traded 40 contract(s) at a $185.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $27.9K, with a price of $697.0 per contract. There were 23389 open contracts at this strike prior to today, and today 23706 contract(s) were bought and sold.

• Regarding MAR MAR, we observe a put option trade with bearish sentiment. It expires in 95 day(s) on July 21, 2023. Parties traded 400 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $163.6K, with a price of $409.0 per contract. There were 122 open contracts at this strike prior to today, and today 900 contract(s) were bought and sold.

• For F F, we notice a put option trade that happens to be bullish, expiring in 39 day(s) on May 26, 2023. This event was a transfer of 500 contract(s) at a $12.50 strike. The total cost received by the writing party (or parties) was $33.5K, with a price of $67.0 per contract. There were 2608 open contracts at this strike prior to today, and today 855 contract(s) were bought and sold.

• Regarding W W, we observe a put option sweep with bullish sentiment. It expires in 60 day(s) on June 16, 2023. Parties traded 610 contract(s) at a $25.00 strike. This particular put needed to be split into 32 different trades to become filled. The total cost received by the writing party (or parties) was $77.5K, with a price of $127.0 per contract. There were 5455 open contracts at this strike prior to today, and today 616 contract(s) were bought and sold.

• For WYNN WYNN, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on April 21, 2023. This event was a transfer of 138 contract(s) at a $111.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $28.9K, with a price of $210.0 per contract. There were 378 open contracts at this strike prior to today, and today 594 contract(s) were bought and sold.

• Regarding PENN PENN, we observe a call option trade with bearish sentiment. It expires in 186 day(s) on October 20, 2023. Parties traded 475 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $78.3K, with a price of $165.0 per contract. There were 311 open contracts at this strike prior to today, and today 494 contract(s) were bought and sold.

• For WW WW, we notice a put option trade that happens to be bearish, expiring in 95 day(s) on July 21, 2023. This event was a transfer of 345 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $98.3K, with a price of $285.0 per contract. There were 23 open contracts at this strike prior to today, and today 346 contract(s) were bought and sold.

• For HD HD, we notice a put option sweep that happens to be bearish, expiring in 151 day(s) on September 15, 2023. This event was a transfer of 156 contract(s) at a $270.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $148.2K, with a price of $950.0 per contract. There were 567 open contracts at this strike prior to today, and today 194 contract(s) were bought and sold.

• Regarding QS QS, we observe a call option sweep with bearish sentiment. It expires in 277 day(s) on January 19, 2024. Parties traded 182 contract(s) at a $7.50 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 $34.4K, with a price of $189.0 per contract. There were 4636 open contracts at this strike prior to today, and today 186 contract(s) were bought and sold.

• For KMX KMX, we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on April 21, 2023. This event was a transfer of 151 contract(s) at a $70.00 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 $28.6K, with a price of $190.0 per contract. There were 2772 open contracts at this strike prior to today, and today 169 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.