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 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.

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.

• Regarding TSLA TSLA, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on May 26, 2023. Parties traded 96 contract(s) at a $182.50 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 $29.2K, with a price of $305.0 per contract. There were 6593 open contracts at this strike prior to today, and today 45864 contract(s) were bought and sold.

• For GM GM, we notice a put option trade that happens to be bearish, expiring in 240 day(s) on January 19, 2024. This event was a transfer of 303 contract(s) at a $34.00 strike. The total cost received by the writing party (or parties) was $133.3K, with a price of $440.0 per contract. There were 16928 open contracts at this strike prior to today, and today 1699 contract(s) were bought and sold.

• Regarding LI LI, we observe a call option trade with bearish sentiment. It expires in 114 day(s) on September 15, 2023. Parties traded 670 contract(s) at a $34.00 strike. The total cost received by the writing party (or parties) was $121.2K, with a price of $181.0 per contract. There were 3589 open contracts at this strike prior to today, and today 912 contract(s) were bought and sold.

• Regarding HLT HLT, we observe a call option sweep with bearish sentiment. It expires in 240 day(s) on January 19, 2024. Parties traded 53 contract(s) at a $160.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $559.0 per contract. There were 881 open contracts at this strike prior to today, and today 338 contract(s) were bought and sold.

• Regarding APTV APTV, we observe a call option sweep with bearish sentiment. It expires in 23 day(s) on June 16, 2023. Parties traded 77 contract(s) at a $90.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $26.9K, with a price of $350.0 per contract. There were 685 open contracts at this strike prior to today, and today 308 contract(s) were bought and sold.

• Regarding LVS LVS, we observe a put option sweep with bearish sentiment. It expires in 23 day(s) on June 16, 2023. Parties traded 155 contract(s) at a $55.00 strike. This particular put needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $28.6K, with a price of $185.0 per contract. There were 5448 open contracts at this strike prior to today, and today 293 contract(s) were bought and sold.

• Regarding MCD MCD, we observe a put option trade with bearish sentiment. It expires in 23 day(s) on June 16, 2023. Parties traded 200 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $54.8K, with a price of $274.0 per contract. There were 1954 open contracts at this strike prior to today, and today 256 contract(s) were bought and sold.

• For FTCH FTCH, we notice a put option sweep that happens to be bearish, expiring in 240 day(s) on January 19, 2024. This event was a transfer of 230 contract(s) at a $5.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $26.4K, with a price of $115.0 per contract. There were 4316 open contracts at this strike prior to today, and today 230 contract(s) were bought and sold.

• Regarding WYNN WYNN, we observe a call option sweep with neutral sentiment. It expires in 16 day(s) on June 9, 2023. Parties traded 128 contract(s) at a $104.00 strike. This particular call needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $30.0K, with a price of $235.0 per contract. There were 37 open contracts at this strike prior to today, and today 128 contract(s) were bought and sold.

• Regarding BKNG BKNG, we observe a put option trade with neutral sentiment. It expires in 58 day(s) on July 21, 2023. Parties traded 6 contract(s) at a $2900.00 strike. The total cost received by the writing party (or parties) was $171.2K, with a price of $28536.0 per contract. There were 31 open contracts at this strike prior to today, and today 24 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.