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.

Here's the list of options activity happening in today's session:

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• Regarding TSLA TSLA, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on August 4, 2023. Parties traded 73 contract(s) at a $267.50 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $33.4K, with a price of $457.0 per contract. There were 9032 open contracts at this strike prior to today, and today 41980 contract(s) were bought and sold.

• For NCLH NCLH, we notice a call option sweep that happens to be bullish, expiring in 172 day(s) on January 19, 2024. This event was a transfer of 300 contract(s) at a $27.50 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 $34.5K, with a price of $115.0 per contract. There were 14774 open contracts at this strike prior to today, and today 5366 contract(s) were bought and sold.

• For FL FL, we notice a call option sweep that happens to be bullish, expiring in 11 day(s) on August 11, 2023. This event was a transfer of 891 contract(s) at a $25.00 strike. This particular call needed to be split into 54 different trades to become filled. The total cost received by the writing party (or parties) was $151.4K, with a price of $170.0 per contract. There were 1421 open contracts at this strike prior to today, and today 1261 contract(s) were bought and sold.

• For NIO NIO, we notice a call option sweep that happens to be bearish, expiring in 46 day(s) on September 15, 2023. This event was a transfer of 100 contract(s) at a $12.00 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 $37.1K, with a price of $371.0 per contract. There were 17402 open contracts at this strike prior to today, and today 1071 contract(s) were bought and sold.

• For CVNA CVNA, we notice a call option trade that happens to be bearish, expiring in 4 day(s) on August 4, 2023. This event was a transfer of 80 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $39.6K, with a price of $495.0 per contract. There were 645 open contracts at this strike prior to today, and today 531 contract(s) were bought and sold.

• Regarding MAR MAR, we observe a call option sweep with bearish sentiment. It expires in 109 day(s) on November 17, 2023. Parties traded 448 contract(s) at a $230.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $123.2K, with a price of $275.0 per contract. There were 56 open contracts at this strike prior to today, and today 449 contract(s) were bought and sold.

• Regarding QS QS, we observe a call option trade with bearish sentiment. It expires in 172 day(s) on January 19, 2024. Parties traded 74 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $31.8K, with a price of $430.0 per contract. There were 9736 open contracts at this strike prior to today, and today 388 contract(s) were bought and sold.

• For RIVN RIVN, we notice a call option sweep that happens to be bullish, expiring in 172 day(s) on January 19, 2024. This event was a transfer of 168 contract(s) at a $30.00 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 $79.8K, with a price of $475.0 per contract. There were 23997 open contracts at this strike prior to today, and today 361 contract(s) were bought and sold.

• Regarding BLMN BLMN, we observe a put option trade with bearish sentiment. It expires in 18 day(s) on August 18, 2023. Parties traded 250 contract(s) at a $27.50 strike. The total cost received by the writing party (or parties) was $33.7K, with a price of $135.0 per contract. There were 264 open contracts at this strike prior to today, and today 276 contract(s) were bought and sold.

• For W W, we notice a put option trade that happens to be bearish, expiring in 4 day(s) on August 4, 2023. This event was a transfer of 100 contract(s) at a $76.00 strike. The total cost received by the writing party (or parties) was $50.8K, with a price of $508.0 per contract. There were 45 open contracts at this strike prior to today, and today 203 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.