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.

• For TSLA TSLA, we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on June 9, 2023. This event was a transfer of 139 contract(s) at a $230.00 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 $27.6K, with a price of $199.0 per contract. There were 25694 open contracts at this strike prior to today, and today 78780 contract(s) were bought and sold.

• Regarding VVV VVV, we observe a put option trade with neutral sentiment. It expires in 9 day(s) on June 16, 2023. Parties traded 8100 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $9.6 million, with a price of $1190.0 per contract. There were 35246 open contracts at this strike prior to today, and today 8603 contract(s) were bought and sold.

• For F F, we notice a put option sweep that happens to be bearish, expiring in 226 day(s) on January 19, 2024. This event was a transfer of 2500 contract(s) at a $11.35 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 $160.0K, with a price of $64.0 per contract. There were 119976 open contracts at this strike prior to today, and today 3405 contract(s) were bought and sold.

• Regarding HOG HOG, we observe a call option trade with bearish sentiment. It expires in 226 day(s) on January 19, 2024. Parties traded 1250 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $143.7K, with a price of $115.0 per contract. There were 742 open contracts at this strike prior to today, and today 1251 contract(s) were bought and sold.

• For CROX CROX, we notice a put option trade that happens to be neutral, expiring in 226 day(s) on January 19, 2024. This event was a transfer of 18 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $36.7K, with a price of $2040.0 per contract. There were 123 open contracts at this strike prior to today, and today 1157 contract(s) were bought and sold.

• Regarding WSM WSM, we observe a put option sweep with bearish sentiment. It expires in 72 day(s) on August 18, 2023. Parties traded 100 contract(s) at a $125.00 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 $63.0K, with a price of $630.0 per contract. There were 57 open contracts at this strike prior to today, and today 416 contract(s) were bought and sold.

• For NKE NKE, we notice a put option sweep that happens to be bullish, expiring in 44 day(s) on July 21, 2023. This event was a transfer of 180 contract(s) at a $105.00 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 $64.8K, with a price of $360.0 per contract. There were 7499 open contracts at this strike prior to today, and today 391 contract(s) were bought and sold.

• For DRI DRI, we notice a put option sweep that happens to be bullish, expiring in 44 day(s) on July 21, 2023. This event was a transfer of 39 contract(s) at a $170.00 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 $35.5K, with a price of $911.0 per contract. There were 38 open contracts at this strike prior to today, and today 237 contract(s) were bought and sold.

• Regarding NCLH NCLH, we observe a put option sweep with bearish sentiment. It expires in 345 day(s) on May 17, 2024. Parties traded 188 contract(s) at a $15.00 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 $37.0K, with a price of $197.0 per contract. There were 956 open contracts at this strike prior to today, and today 203 contract(s) were bought and sold.

• For W W, we notice a put option sweep that happens to be bearish, expiring in 44 day(s) on July 21, 2023. This event was a transfer of 92 contract(s) at a $45.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $27.3K, with a price of $297.0 per contract. There were 669 open contracts at this strike prior to today, and today 167 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.