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 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.

• Regarding TSLA TSLA, we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on September 8, 2023. Parties traded 100 contract(s) at a $260.00 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 $46.5K, with a price of $465.0 per contract. There were 6991 open contracts at this strike prior to today, and today 19744 contract(s) were bought and sold.

• For F F, we notice a put option sweep that happens to be bullish, expiring in 17 day(s) on September 15, 2023. This event was a transfer of 5000 contract(s) at a $11.35 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 $45.5K, with a price of $9.0 per contract. There were 53183 open contracts at this strike prior to today, and today 5137 contract(s) were bought and sold.

• Regarding ABNB ABNB, we observe a call option trade with bullish sentiment. It expires in 3 day(s) on September 1, 2023. Parties traded 299 contract(s) at a $129.00 strike. The total cost received by the writing party (or parties) was $116.6K, with a price of $390.0 per contract. There were 2447 open contracts at this strike prior to today, and today 2175 contract(s) were bought and sold.

• For NIO NIO, we notice a call option sweep that happens to be bearish, expiring in 507 day(s) on January 17, 2025. This event was a transfer of 722 contract(s) at a $12.50 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 $220.2K, with a price of $305.0 per contract. There were 50260 open contracts at this strike prior to today, and today 1575 contract(s) were bought and sold.

• Regarding GM GM, we observe a put option trade with neutral sentiment. It expires in 143 day(s) on January 19, 2024. Parties traded 1500 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $190.5K, with a price of $127.0 per contract. There were 15337 open contracts at this strike prior to today, and today 1551 contract(s) were bought and sold.

• Regarding GME GME, we observe a call option trade with bearish sentiment. It expires in 10 day(s) on September 8, 2023. Parties traded 339 contract(s) at a $18.50 strike. The total cost received by the writing party (or parties) was $45.0K, with a price of $133.0 per contract. There were 205 open contracts at this strike prior to today, and today 888 contract(s) were bought and sold.

• Regarding SABR SABR, we observe a call option sweep with bearish sentiment. It expires in 507 day(s) on January 17, 2025. Parties traded 129 contract(s) at a $5.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $25.0K, with a price of $194.0 per contract. There were 2680 open contracts at this strike prior to today, and today 263 contract(s) were bought and sold.

• Regarding CMG CMG, we observe a put option trade with bearish sentiment. It expires in 10 day(s) on September 8, 2023. Parties traded 3 contract(s) at a $2110.00 strike. The total cost received by the writing party (or parties) was $62.1K, with a price of $20702.0 per contract. There were 0 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold.

• Regarding DPZ DPZ, we observe a call option trade with bearish sentiment. It expires in 143 day(s) on January 19, 2024. Parties traded 17 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $105.4K, with a price of $6200.0 per contract. There were 553 open contracts at this strike prior to today, and today 18 contract(s) were bought and sold.

• For BKNG BKNG, we notice a put option trade that happens to be neutral, expiring in 3 day(s) on September 1, 2023. This event was a transfer of 5 contract(s) at a $3150.00 strike. The total cost received by the writing party (or parties) was $26.8K, with a price of $5376.0 per contract. There were 19 open contracts at this strike prior to today, and today 7 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 about unusual options activity.

This article was generated by Benzinga's automated content engine and reviewed by an editor.