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

• For TSLA TSLA, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on September 1, 2023. This event was a transfer of 160 contract(s) at a $240.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $73.6K, with a price of $460.0 per contract. There were 14640 open contracts at this strike prior to today, and today 70836 contract(s) were bought and sold.

• For XPEV XPEV, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on September 1, 2023. This event was a transfer of 503 contract(s) at a $18.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $44.3K, with a price of $88.0 per contract. There were 1322 open contracts at this strike prior to today, and today 7635 contract(s) were bought and sold.

• Regarding FTCH FTCH, we observe a put option trade with bullish sentiment. It expires in 144 day(s) on January 19, 2024. Parties traded 3000 contract(s) at a $2.50 strike. The total cost received by the writing party (or parties) was $90.0K, with a price of $30.0 per contract. There were 8606 open contracts at this strike prior to today, and today 5741 contract(s) were bought and sold.

• Regarding RIVN RIVN, we observe a call option sweep with bullish sentiment. It expires in 508 day(s) on January 17, 2025. Parties traded 279 contract(s) at a $65.00 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 $33.6K, with a price of $120.0 per contract. There were 461 open contracts at this strike prior to today, and today 2007 contract(s) were bought and sold.

• Regarding PHM PHM, we observe a call option sweep with bearish sentiment. It expires in 144 day(s) on January 19, 2024. Parties traded 146 contract(s) at a $85.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $54.0K, with a price of $370.0 per contract. There were 948 open contracts at this strike prior to today, and today 1763 contract(s) were bought and sold.

• For CVNA CVNA, we notice a call option sweep that happens to be bearish, expiring in 144 day(s) on January 19, 2024. This event was a transfer of 777 contract(s) at a $100.00 strike. This particular call needed to be split into 47 different trades to become filled. The total cost received by the writing party (or parties) was $174.2K, with a price of $224.0 per contract. There were 16673 open contracts at this strike prior to today, and today 970 contract(s) were bought and sold.

• Regarding NKE NKE, we observe a call option sweep with bullish sentiment. It expires in 508 day(s) on January 17, 2025. Parties traded 218 contract(s) at a $140.00 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 $81.7K, with a price of $375.0 per contract. There were 1029 open contracts at this strike prior to today, and today 356 contract(s) were bought and sold.

• Regarding RCL RCL, we observe a call option sweep with bullish sentiment. It expires in 53 day(s) on October 20, 2023. Parties traded 150 contract(s) at a $97.50 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $102.7K, with a price of $685.0 per contract. There were 226 open contracts at this strike prior to today, and today 182 contract(s) were bought and sold.

• Regarding BKNG BKNG, we observe a put option sweep with bearish sentiment. It expires in 18 day(s) on September 15, 2023. Parties traded 40 contract(s) at a $2850.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $32.0K, with a price of $800.0 per contract. There were 50 open contracts at this strike prior to today, and today 81 contract(s) were bought and sold.

• For DASH DASH, we notice a call option trade that happens to be bearish, expiring in 144 day(s) on January 19, 2024. This event was a transfer of 37 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $40.7K, with a price of $1100.0 per contract. There were 1651 open contracts at this strike prior to today, and today 42 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.