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 itemized elaborations have been created using the accompanying table.

• Regarding TSLA TSLA, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on July 7, 2023. Parties traded 42 contract(s) at a $280.00 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 $25.2K, with a price of $600.0 per contract. There were 11812 open contracts at this strike prior to today, and today 103978 contract(s) were bought and sold.

• Regarding RIVN RIVN, we observe a call option trade with bearish sentiment. It expires in 18 day(s) on July 21, 2023. Parties traded 749 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $90.6K, with a price of $121.0 per contract. There were 12108 open contracts at this strike prior to today, and today 9465 contract(s) were bought and sold.

• For LI LI, we notice a call option sweep that happens to be bearish, expiring in 18 day(s) on July 21, 2023. This event was a transfer of 673 contract(s) at a $38.00 strike. This particular call needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $68.0K, with a price of $101.0 per contract. There were 4711 open contracts at this strike prior to today, and today 6645 contract(s) were bought and sold.

• Regarding APTV APTV, we observe a call option sweep with bullish sentiment. It expires in 18 day(s) on July 21, 2023. Parties traded 159 contract(s) at a $105.00 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 $31.0K, with a price of $200.0 per contract. There were 167 open contracts at this strike prior to today, and today 2134 contract(s) were bought and sold.

• Regarding BLMN BLMN, we observe a call option sweep with bullish sentiment. It expires in 46 day(s) on August 18, 2023. Parties traded 248 contract(s) at a $27.50 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 $28.5K, with a price of $115.0 per contract. There were 3533 open contracts at this strike prior to today, and today 1015 contract(s) were bought and sold.

• For MCD MCD, we notice a call option sweep that happens to be bearish, expiring in 18 day(s) on July 21, 2023. This event was a transfer of 70 contract(s) at a $295.00 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 $25.1K, with a price of $358.0 per contract. There were 3273 open contracts at this strike prior to today, and today 532 contract(s) were bought and sold.

• Regarding ULTA ULTA, we observe a call option trade with bearish sentiment. It expires in 46 day(s) on August 18, 2023. Parties traded 500 contract(s) at a $510.00 strike. The total cost received by the writing party (or parties) was $210.0K, with a price of $420.0 per contract. There were 34 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.

• Regarding EVGO EVGO, we observe a call option trade with bullish sentiment. It expires in 564 day(s) on January 17, 2025. Parties traded 395 contract(s) at a $7.00 strike. The total cost received by the writing party (or parties) was $35.5K, with a price of $90.0 per contract. There were 4095 open contracts at this strike prior to today, and today 418 contract(s) were bought and sold.

• For NIO NIO, we notice a call option trade that happens to be bearish, expiring in 46 day(s) on August 18, 2023. This event was a transfer of 100 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $26.9K, with a price of $269.0 per contract. There were 12448 open contracts at this strike prior to today, and today 409 contract(s) were bought and sold.

• For OSTK OSTK, we notice a call option trade that happens to be bearish, expiring in 74 day(s) on September 15, 2023. This event was a transfer of 100 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $27.0K, with a price of $270.0 per contract. There were 1633 open contracts at this strike prior to today, and today 163 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.