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.

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

Explanation

These itemized elaborations have been created using the accompanying table.

• For TSLA TSLA, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on August 18, 2023. This event was a transfer of 50 contract(s) at a $235.00 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 $35.3K, with a price of $706.0 per contract. There were 3335 open contracts at this strike prior to today, and today 31405 contract(s) were bought and sold.

• For WSM WSM, we notice a call option trade that happens to be bearish, expiring in 32 day(s) on September 15, 2023. This event was a transfer of 1721 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $998.1K, with a price of $580.0 per contract. There were 44 open contracts at this strike prior to today, and today 3259 contract(s) were bought and sold.

• Regarding NIO NIO, we observe a call option sweep with bearish sentiment. It expires in 11 day(s) on August 25, 2023. Parties traded 466 contract(s) at a $12.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $37.7K, with a price of $81.0 per contract. There were 1318 open contracts at this strike prior to today, and today 2313 contract(s) were bought and sold.

• Regarding CVNA CVNA, we observe a call option sweep with bullish sentiment. It expires in 67 day(s) on October 20, 2023. Parties traded 308 contract(s) at a $60.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $75.4K, with a price of $245.0 per contract. There were 379 open contracts at this strike prior to today, and today 2045 contract(s) were bought and sold.

• Regarding F F, we observe a put option trade with neutral sentiment. It expires in 676 day(s) on June 20, 2025. Parties traded 2000 contract(s) at a $11.35 strike. The total cost received by the writing party (or parties) was $358.0K, with a price of $179.0 per contract. There were 25944 open contracts at this strike prior to today, and today 2000 contract(s) were bought and sold.

• Regarding HD HD, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on August 18, 2023. Parties traded 50 contract(s) at a $330.00 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 $29.6K, with a price of $590.0 per contract. There were 2379 open contracts at this strike prior to today, and today 1606 contract(s) were bought and sold.

• Regarding WGO WGO, we observe a call option sweep with bullish sentiment. It expires in 32 day(s) on September 15, 2023. Parties traded 437 contract(s) at a $70.00 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 $39.3K, with a price of $90.0 per contract. There were 637 open contracts at this strike prior to today, and today 442 contract(s) were bought and sold.

• For MCD MCD, we notice a put option sweep that happens to be bearish, expiring in 123 day(s) on December 15, 2023. This event was a transfer of 98 contract(s) at a $285.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $76.2K, with a price of $779.0 per contract. There were 286 open contracts at this strike prior to today, and today 343 contract(s) were bought and sold.

• For RIVN RIVN, we notice a call option sweep that happens to be bearish, expiring in 123 day(s) on December 15, 2023. This event was a transfer of 100 contract(s) at a $22.50 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 $30.0K, with a price of $300.0 per contract. There were 1510 open contracts at this strike prior to today, and today 330 contract(s) were bought and sold.

• Regarding MGM MGM, we observe a put option trade with bullish sentiment. It expires in 214 day(s) on March 15, 2024. Parties traded 100 contract(s) at a $42.00 strike. The total cost received by the writing party (or parties) was $27.2K, with a price of $272.0 per contract. There were 6 open contracts at this strike prior to today, and today 100 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.