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.

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 7 day(s) on July 7, 2023. This event was a transfer of 32 contract(s) at a $265.00 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 $26.0K, with a price of $815.0 per contract. There were 11576 open contracts at this strike prior to today, and today 27025 contract(s) were bought and sold.

• Regarding RIVN RIVN, we observe a call option sweep with bearish sentiment. It expires in 49 day(s) on August 18, 2023. Parties traded 314 contract(s) at a $17.50 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $53.0K, with a price of $169.0 per contract. There were 11272 open contracts at this strike prior to today, and today 4156 contract(s) were bought and sold.

• For XPEV XPEV, we notice a call option sweep that happens to be bearish, expiring in 49 day(s) on August 18, 2023. This event was a transfer of 300 contract(s) at a $14.00 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 $36.9K, with a price of $123.0 per contract. There were 253 open contracts at this strike prior to today, and today 3086 contract(s) were bought and sold.

• Regarding NKE NKE, we observe a put option sweep with bearish sentiment. It expires in 49 day(s) on August 18, 2023. Parties traded 150 contract(s) at a $110.00 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 $46.5K, with a price of $310.0 per contract. There were 609 open contracts at this strike prior to today, and today 1467 contract(s) were bought and sold.

• Regarding DRI DRI, we observe a put option sweep with bullish sentiment. It expires in 49 day(s) on August 18, 2023. Parties traded 70 contract(s) at a $170.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $41.4K, with a price of $600.0 per contract. There were 169 open contracts at this strike prior to today, and today 433 contract(s) were bought and sold.

• For CVNA CVNA, we notice a call option trade that happens to be bearish, expiring in 203 day(s) on January 19, 2024. This event was a transfer of 200 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $106.0K, with a price of $530.0 per contract. There were 1020 open contracts at this strike prior to today, and today 347 contract(s) were bought and sold.

• For SIX SIX, we notice a call option trade that happens to be bearish, expiring in 49 day(s) on August 18, 2023. This event was a transfer of 205 contract(s) at a $27.50 strike. The total cost received by the writing party (or parties) was $27.6K, with a price of $135.0 per contract. There were 4787 open contracts at this strike prior to today, and today 326 contract(s) were bought and sold.

• For OSTK OSTK, we notice a call option sweep that happens to be bullish, expiring in 203 day(s) on January 19, 2024. This event was a transfer of 90 contract(s) at a $35.00 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 $51.1K, with a price of $569.0 per contract. There were 15599 open contracts at this strike prior to today, and today 205 contract(s) were bought and sold.

• For LULU LULU, we notice a call option trade that happens to be bullish, expiring in 21 day(s) on July 21, 2023. This event was a transfer of 50 contract(s) at a $350.00 strike. The total cost received by the writing party (or parties) was $155.0K, with a price of $3100.0 per contract. There were 402 open contracts at this strike prior to today, and today 52 contract(s) were bought and sold.

• For MCD MCD, we notice a put option sweep that happens to be bearish, expiring in 77 day(s) on September 15, 2023. This event was a transfer of 66 contract(s) at a $290.00 strike. This particular put needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $27.0K, with a price of $410.0 per contract. There were 828 open contracts at this strike prior to today, and today 45 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.