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 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, is expiring today. Parties traded 1121 contract(s) at a $250.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $36.9K, with a price of $33.0 per contract. There were 23855 open contracts at this strike prior to today, and today 131982 contract(s) were bought and sold.

• Regarding F F, we observe a put option trade with bullish sentiment. It expires in 14 day(s) on September 15, 2023. Parties traded 3000 contract(s) at a $12.00 strike. The total cost received by the writing party (or parties) was $66.0K, with a price of $22.0 per contract. There were 34054 open contracts at this strike prior to today, and today 21314 contract(s) were bought and sold.

• Regarding CVNA CVNA, we observe a put option sweep with bullish sentiment. It expires in 105 day(s) on December 15, 2023. Parties traded 200 contract(s) at a $30.00 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 $50.0K, with a price of $250.0 per contract. There were 2603 open contracts at this strike prior to today, and today 1722 contract(s) were bought and sold.

• For NIO NIO, we notice a call option sweep that happens to be bullish, expiring in 140 day(s) on January 19, 2024. This event was a transfer of 500 contract(s) at a $10.00 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 $119.5K, with a price of $239.0 per contract. There were 81635 open contracts at this strike prior to today, and today 1599 contract(s) were bought and sold.

• Regarding NKE NKE, we observe a call option trade with bullish sentiment. It expires in 49 day(s) on October 20, 2023. Parties traded 700 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $112.7K, with a price of $161.0 per contract. There were 6566 open contracts at this strike prior to today, and today 1343 contract(s) were bought and sold.

• Regarding LRN LRN, we observe a call option sweep with bearish sentiment. It expires in 14 day(s) on September 15, 2023. Parties traded 100 contract(s) at a $42.00 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 $26.0K, with a price of $260.0 per contract. There were 1575 open contracts at this strike prior to today, and today 1304 contract(s) were bought and sold.

• For SG SG, we notice a put option sweep that happens to be bullish, expiring in 140 day(s) on January 19, 2024. This event was a transfer of 1250 contract(s) at a $15.00 strike. This particular put needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $287.6K, with a price of $230.0 per contract. There were 417 open contracts at this strike prior to today, and today 1250 contract(s) were bought and sold.

• Regarding LI LI, we observe a put option sweep with bullish sentiment. It expires in 105 day(s) on December 15, 2023. Parties traded 675 contract(s) at a $49.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $594.9K, with a price of $881.0 per contract. There were 1 open contracts at this strike prior to today, and today 675 contract(s) were bought and sold.

• For BURL BURL, we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 305 contract(s) at a $160.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $39.2K, with a price of $131.0 per contract. There were 684 open contracts at this strike prior to today, and today 662 contract(s) were bought and sold.

• For RIVN RIVN, we notice a call option trade that happens to be bearish, expiring in 840 day(s) on December 19, 2025. This event was a transfer of 70 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $82.6K, with a price of $1180.0 per contract. There were 2027 open contracts at this strike prior to today, and today 637 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.