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 itemized elaborations have been created using the accompanying table.

• For TSLA TSLA, we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 408 contract(s) at a $215.00 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $55.4K, with a price of $136.0 per contract. There were 20653 open contracts at this strike prior to today, and today 289879 contract(s) were bought and sold.

• For F F, we notice a call option sweep that happens to be bullish, expiring in 28 day(s) on September 15, 2023. This event was a transfer of 4319 contract(s) at a $13.00 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 $60.8K, with a price of $14.0 per contract. There were 76030 open contracts at this strike prior to today, and today 5338 contract(s) were bought and sold.

• Regarding OSTK OSTK, we observe a put option trade with neutral sentiment. It expires in 7 day(s) on August 25, 2023. Parties traded 150 contract(s) at a $28.00 strike. The total cost received by the writing party (or parties) was $27.7K, with a price of $185.0 per contract. There were 5262 open contracts at this strike prior to today, and today 3163 contract(s) were bought and sold.

• For GM GM, we notice a put option sweep that happens to be bullish, expiring in 28 day(s) on September 15, 2023. This event was a transfer of 2000 contract(s) at a $40.00 strike. This particular put needed to be split into 52 different trades to become filled. The total cost received by the writing party (or parties) was $1.4 million, with a price of $705.0 per contract. There were 7161 open contracts at this strike prior to today, and today 2010 contract(s) were bought and sold.

• For LI LI, we notice a put option trade that happens to be bearish, expiring in 308 day(s) on June 21, 2024. This event was a transfer of 1500 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $142.5K, with a price of $95.0 per contract. There were 1018 open contracts at this strike prior to today, and today 1500 contract(s) were bought and sold.

• Regarding NIO NIO, we observe a call option sweep with bullish sentiment. It expires in 154 day(s) on January 19, 2024. Parties traded 500 contract(s) at a $10.00 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 $117.0K, with a price of $234.0 per contract. There were 77247 open contracts at this strike prior to today, and today 1143 contract(s) were bought and sold.

• For ABNB ABNB, we notice a put option sweep that happens to be bearish, expiring in 63 day(s) on October 20, 2023. This event was a transfer of 60 contract(s) at a $120.00 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 $31.2K, with a price of $520.0 per contract. There were 3377 open contracts at this strike prior to today, and today 603 contract(s) were bought and sold.

• Regarding CVNA CVNA, we observe a put option sweep with bullish sentiment. It expires in 7 day(s) on August 25, 2023. Parties traded 200 contract(s) at a $45.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $127.9K, with a price of $639.0 per contract. There were 584 open contracts at this strike prior to today, and today 431 contract(s) were bought and sold.

• For RIVN RIVN, we notice a put option trade that happens to be bearish, expiring in 854 day(s) on December 19, 2025. This event was a transfer of 100 contract(s) at a $17.50 strike. The total cost received by the writing party (or parties) was $59.5K, with a price of $595.0 per contract. There were 323 open contracts at this strike prior to today, and today 120 contract(s) were bought and sold.

• Regarding W W, we observe a call option trade with bullish sentiment. It expires in 154 day(s) on January 19, 2024. Parties traded 17 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $36.1K, with a price of $2125.0 per contract. There were 2709 open contracts at this strike prior to today, and today 86 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.