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 itemized elaborations have been created using the accompanying table.

• Regarding FTCH FTCH, we observe a put option trade with bullish sentiment. It expires in 526 day(s) on January 17, 2025. Parties traded 7000 contract(s) at a $4.00 strike. The total cost received by the writing party (or parties) was $644.0K, with a price of $92.0 per contract. There were 5176 open contracts at this strike prior to today, and today 7000 contract(s) were bought and sold.

• For GM GM, we notice a put option sweep that happens to be bearish, expiring in 43 day(s) on September 22, 2023. This event was a transfer of 275 contract(s) at a $34.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $36.3K, with a price of $132.0 per contract. There were 167 open contracts at this strike prior to today, and today 6091 contract(s) were bought and sold.

• For TSLA TSLA, we notice a call option trade that happens to be bearish, expiring in 1 day(s) on August 11, 2023. This event was a transfer of 100 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $146.0K, with a price of $1460.0 per contract. There were 1154 open contracts at this strike prior to today, and today 2987 contract(s) were bought and sold.

• Regarding RIVN RIVN, we observe a put option sweep with bullish sentiment. It expires in 1 day(s) on August 11, 2023. Parties traded 125 contract(s) at a $24.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $28.7K, with a price of $230.0 per contract. There were 6005 open contracts at this strike prior to today, and today 1810 contract(s) were bought and sold.

• For DKS DKS, we notice a put option sweep that happens to be bearish, expiring in 8 day(s) on August 18, 2023. This event was a transfer of 333 contract(s) at a $143.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $56.5K, with a price of $170.0 per contract. There were 42 open contracts at this strike prior to today, and today 905 contract(s) were bought and sold.

• Regarding CPRI CPRI, we observe a call option trade with neutral sentiment. It expires in 8 day(s) on August 18, 2023. Parties traded 35 contract(s) at a $42.50 strike. The total cost received by the writing party (or parties) was $40.4K, with a price of $1155.0 per contract. There were 1537 open contracts at this strike prior to today, and today 550 contract(s) were bought and sold.

• Regarding CVNA CVNA, we observe a put option sweep with bearish sentiment. It expires in 15 day(s) on August 25, 2023. Parties traded 294 contract(s) at a $38.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $84.0K, with a price of $286.0 per contract. There were 772 open contracts at this strike prior to today, and today 382 contract(s) were bought and sold.

• For AEO AEO, we notice a call option sweep that happens to be bearish, expiring in 162 day(s) on January 19, 2024. This event was a transfer of 112 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 $46.5K, with a price of $415.0 per contract. There were 687 open contracts at this strike prior to today, and today 350 contract(s) were bought and sold.

• Regarding BJRI BJRI, we observe a call option sweep with neutral sentiment. It expires in 36 day(s) on September 15, 2023. Parties traded 274 contract(s) at a $35.00 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 $34.2K, with a price of $125.0 per contract. There were 0 open contracts at this strike prior to today, and today 274 contract(s) were bought and sold.

• Regarding GRBK GRBK, we observe a call option sweep with neutral sentiment. It expires in 36 day(s) on September 15, 2023. Parties traded 158 contract(s) at a $55.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $28.4K, with a price of $180.0 per contract. There were 224 open contracts at this strike prior to today, and today 266 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.