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 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 bullish, expiring in 3 day(s) on June 30, 2023. This event was a transfer of 64 contract(s) at a $250.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $26.8K, with a price of $420.0 per contract. There were 16863 open contracts at this strike prior to today, and today 84900 contract(s) were bought and sold.

• For GM GM, we notice a call option sweep that happens to be bullish, expiring in 31 day(s) on July 28, 2023. This event was a transfer of 915 contract(s) at a $39.00 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 $76.8K, with a price of $84.0 per contract. There were 1563 open contracts at this strike prior to today, and today 928 contract(s) were bought and sold.

• Regarding NKE NKE, we observe a call option trade with bullish sentiment. It expires in 3 day(s) on June 30, 2023. Parties traded 250 contract(s) at a $111.00 strike. The total cost received by the writing party (or parties) was $137.5K, with a price of $550.0 per contract. There were 1485 open contracts at this strike prior to today, and today 775 contract(s) were bought and sold.

• Regarding CVNA CVNA, we observe a call option trade with bullish sentiment. It expires in 10 day(s) on July 7, 2023. Parties traded 100 contract(s) at a $22.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $250.0 per contract. There were 644 open contracts at this strike prior to today, and today 492 contract(s) were bought and sold.

• Regarding PLAY PLAY, we observe a call option trade with bearish sentiment. It expires in 52 day(s) on August 18, 2023. Parties traded 150 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $75.0K, with a price of $500.0 per contract. There were 595 open contracts at this strike prior to today, and today 475 contract(s) were bought and sold.

• For IGT IGT, we notice a put option trade that happens to be bearish, expiring in 360 day(s) on June 21, 2024. This event was a transfer of 120 contract(s) at a $32.00 strike. The total cost received by the writing party (or parties) was $55.2K, with a price of $460.0 per contract. There were 0 open contracts at this strike prior to today, and today 121 contract(s) were bought and sold.

• For GT GT, we notice a put option trade that happens to be bullish, expiring in 570 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $300.0 per contract. There were 430 open contracts at this strike prior to today, and today 101 contract(s) were bought and sold.

• For CHWY CHWY, we notice a call option sweep that happens to be bearish, expiring in 206 day(s) on January 19, 2024. This event was a transfer of 70 contract(s) at a $42.50 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $32.9K, with a price of $470.0 per contract. There were 1006 open contracts at this strike prior to today, and today 70 contract(s) were bought and sold.

• For MHO MHO, we notice a call option trade that happens to be bullish, expiring in 24 day(s) on July 21, 2023. This event was a transfer of 60 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $36.0K, with a price of $600.0 per contract. There were 73 open contracts at this strike prior to today, and today 62 contract(s) were bought and sold.

• Regarding CMG CMG, we observe a call option sweep with bearish sentiment. It expires in 80 day(s) on September 15, 2023. Parties traded 5 contract(s) at a $2100.00 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 $43.0K, with a price of $8600.0 per contract. There were 327 open contracts at this strike prior to today, and today 58 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.