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.

• For TUP TUP, we notice a put option sweep that happens to be bullish, expiring in 77 day(s) on October 20, 2023. This event was a transfer of 1032 contract(s) at a $4.00 strike. This particular put needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $134.2K, with a price of $130.0 per contract. There were 5400 open contracts at this strike prior to today, and today 11241 contract(s) were bought and sold.

• For W W, we notice a call option trade that happens to be bearish, is expiring today. Parties traded 100 contract(s) at a $77.00 strike. The total cost received by the writing party (or parties) was $55.5K, with a price of $555.0 per contract. There were 2586 open contracts at this strike prior to today, and today 1757 contract(s) were bought and sold.

• Regarding TSLA TSLA, we observe a call option trade with neutral sentiment. It expires in 42 day(s) on September 15, 2023. Parties traded 57 contract(s) at a $270.00 strike. The total cost received by the writing party (or parties) was $64.9K, with a price of $1140.0 per contract. There were 7436 open contracts at this strike prior to today, and today 1678 contract(s) were bought and sold.

• For TCOM TCOM, we notice a call option trade that happens to be bullish, expiring in 42 day(s) on September 15, 2023. This event was a transfer of 1000 contract(s) at a $42.00 strike. The total cost received by the writing party (or parties) was $160.0K, with a price of $160.0 per contract. There were 1935 open contracts at this strike prior to today, and today 1072 contract(s) were bought and sold.

• For NKE NKE, we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 227 contract(s) at a $109.00 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 $25.1K, with a price of $111.0 per contract. There were 2066 open contracts at this strike prior to today, and today 1016 contract(s) were bought and sold.

• For CVNA CVNA, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 100 contract(s) at a $47.00 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 $29.0K, with a price of $290.0 per contract. There were 711 open contracts at this strike prior to today, and today 530 contract(s) were bought and sold.

• Regarding F F, we observe a put option sweep with bearish sentiment. It expires in 133 day(s) on December 15, 2023. Parties traded 382 contract(s) at a $14.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $57.3K, with a price of $150.0 per contract. There were 11839 open contracts at this strike prior to today, and today 386 contract(s) were bought and sold.

• For MGM MGM, we notice a call option sweep that happens to be bearish, expiring in 42 day(s) on September 15, 2023. This event was a transfer of 200 contract(s) at a $45.00 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 $43.2K, with a price of $216.0 per contract. There were 2244 open contracts at this strike prior to today, and today 294 contract(s) were bought and sold.

• Regarding EXPE EXPE, we observe a call option sweep with neutral sentiment. It expires in 77 day(s) on October 20, 2023. Parties traded 33 contract(s) at a $100.00 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 $27.3K, with a price of $830.0 per contract. There were 696 open contracts at this strike prior to today, and today 230 contract(s) were bought and sold.

• Regarding NIO NIO, we observe a call option trade with bullish sentiment. It expires in 14 day(s) on August 18, 2023. Parties traded 60 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $30.7K, with a price of $512.0 per contract. There were 35807 open contracts at this strike prior to today, and today 226 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.