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 TSLA TSLA, we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on May 19, 2023. This event was a transfer of 261 contract(s) at a $175.00 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 $47.2K, with a price of $181.0 per contract. There were 39049 open contracts at this strike prior to today, and today 199142 contract(s) were bought and sold.

• For BOOT BOOT, we notice a call option sweep that happens to be neutral, expiring in 29 day(s) on June 16, 2023. This event was a transfer of 123 contract(s) at a $65.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $43.1K, with a price of $356.0 per contract. There were 0 open contracts at this strike prior to today, and today 956 contract(s) were bought and sold.

• For FL FL, we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on May 19, 2023. This event was a transfer of 415 contract(s) at a $44.00 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 $29.0K, with a price of $70.0 per contract. There were 282 open contracts at this strike prior to today, and today 751 contract(s) were bought and sold.

• Regarding FSR FSR, we observe a call option sweep with bullish sentiment. It expires in 610 day(s) on January 17, 2025. Parties traded 189 contract(s) at a $3.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $62.3K, with a price of $330.0 per contract. There were 1837 open contracts at this strike prior to today, and today 400 contract(s) were bought and sold.

• For GM GM, we notice a call option sweep that happens to be bullish, expiring in 246 day(s) on January 19, 2024. This event was a transfer of 179 contract(s) at a $27.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $141.4K, with a price of $790.0 per contract. There were 1 open contracts at this strike prior to today, and today 179 contract(s) were bought and sold.

• Regarding VFC VFC, we observe a put option sweep with bearish sentiment. It expires in 183 day(s) on November 17, 2023. Parties traded 94 contract(s) at a $25.00 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 $54.5K, with a price of $580.0 per contract. There were 170 open contracts at this strike prior to today, and today 97 contract(s) were bought and sold.

• Regarding BURL BURL, we observe a call option sweep with bearish sentiment. It expires in 610 day(s) on January 17, 2025. Parties traded 10 contract(s) at a $60.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $121.1K, with a price of $12123.0 per contract. There were 21 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold.

• Regarding HD HD, we observe a put option trade with bearish sentiment. It expires in 92 day(s) on August 18, 2023. Parties traded 24 contract(s) at a $295.00 strike. The total cost received by the writing party (or parties) was $34.6K, with a price of $1445.0 per contract. There were 447 open contracts at this strike prior to today, and today 43 contract(s) were bought and sold.

• Regarding CMG CMG, we observe a put option trade with neutral sentiment. It expires in 1 day(s) on May 19, 2023. Parties traded 10 contract(s) at a $2180.00 strike. The total cost received by the writing party (or parties) was $102.0K, with a price of $10200.0 per contract. There were 0 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold.

• For YUM YUM, we notice a call option trade that happens to be bullish, expiring in 1 day(s) on May 19, 2023. This event was a transfer of 30 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $51.9K, with a price of $1730.0 per contract. There were 37 open contracts at this strike prior to today, and today 0 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.