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 itemized elaborations have been created using the accompanying table.

• For SBUX SBUX, we notice a put option trade that happens to be bearish, expiring in 74 day(s) on August 18, 2023. This event was a transfer of 4000 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $928.0K, with a price of $232.0 per contract. There were 1623 open contracts at this strike prior to today, and today 4061 contract(s) were bought and sold.

• For EXPE EXPE, we notice a call option trade that happens to be neutral, expiring in 46 day(s) on July 21, 2023. This event was a transfer of 20 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $35.8K, with a price of $1792.0 per contract. There were 3220 open contracts at this strike prior to today, and today 1678 contract(s) were bought and sold.

• Regarding MBLY MBLY, we observe a call option trade with bearish sentiment. It expires in 11 day(s) on June 16, 2023. Parties traded 750 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $63.7K, with a price of $85.0 per contract. There were 5609 open contracts at this strike prior to today, and today 1585 contract(s) were bought and sold.

• For DKS DKS, we notice a call option sweep that happens to be bullish, expiring in 11 day(s) on June 16, 2023. This event was a transfer of 990 contract(s) at a $130.00 strike. This particular call needed to be split into 67 different trades to become filled. The total cost received by the writing party (or parties) was $174.0K, with a price of $180.0 per contract. There were 917 open contracts at this strike prior to today, and today 1580 contract(s) were bought and sold.

• For ABNB ABNB, we notice a call option sweep that happens to be bullish, expiring in 11 day(s) on June 16, 2023. This event was a transfer of 50 contract(s) at a $110.00 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 $38.0K, with a price of $760.0 per contract. There were 6462 open contracts at this strike prior to today, and today 768 contract(s) were bought and sold.

• Regarding LI LI, we observe a call option sweep with bullish sentiment. It expires in 193 day(s) on December 15, 2023. Parties traded 500 contract(s) at a $35.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $148.5K, with a price of $297.0 per contract. There were 320 open contracts at this strike prior to today, and today 533 contract(s) were bought and sold.

• Regarding RIVN RIVN, we observe a put option sweep with bullish sentiment. It expires in 228 day(s) on January 19, 2024. Parties traded 250 contract(s) at a $15.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $87.5K, with a price of $350.0 per contract. There were 4490 open contracts at this strike prior to today, and today 531 contract(s) were bought and sold.

• Regarding DASH DASH, we observe a put option sweep with bullish sentiment. It expires in 11 day(s) on June 16, 2023. Parties traded 274 contract(s) at a $68.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $44.3K, with a price of $162.0 per contract. There were 55 open contracts at this strike prior to today, and today 267 contract(s) were bought and sold.

• For CCL CCL, we notice a call option sweep that happens to be bearish, expiring in 102 day(s) on September 15, 2023. This event was a transfer of 200 contract(s) at a $11.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $44.0K, with a price of $220.0 per contract. There were 16211 open contracts at this strike prior to today, and today 233 contract(s) were bought and sold.

• For MCD MCD, we notice a call option trade that happens to be bullish, expiring in 11 day(s) on June 16, 2023. This event was a transfer of 200 contract(s) at a $270.00 strike. The total cost received by the writing party (or parties) was $379.6K, with a price of $1898.0 per contract. There were 89 open contracts at this strike prior to today, and today 200 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.