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 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.

Below are some instances of options activity happening in the Consumer Discretionary sector:

Explanation

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

• Regarding TSLA TSLA, we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on September 15, 2023. Parties traded 191 contract(s) at a $275.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $58.2K, with a price of $305.0 per contract. There were 24046 open contracts at this strike prior to today, and today 137714 contract(s) were bought and sold.

• For RIVN RIVN, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on September 15, 2023. This event was a transfer of 2000 contract(s) at a $24.50 strike. This particular call needed to be split into 41 different trades to become filled. The total cost received by the writing party (or parties) was $26.4K, with a price of $14.0 per contract. There were 5385 open contracts at this strike prior to today, and today 4220 contract(s) were bought and sold.

• Regarding ADT ADT, we observe a put option trade with bullish sentiment. It expires in 127 day(s) on January 19, 2024. Parties traded 2500 contract(s) at a $7.00 strike. The total cost received by the writing party (or parties) was $312.5K, with a price of $125.0 per contract. There were 9598 open contracts at this strike prior to today, and today 2500 contract(s) were bought and sold.

• Regarding CVNA CVNA, we observe a call option trade with neutral sentiment. It expires in 127 day(s) on January 19, 2024. Parties traded 87 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $29.1K, with a price of $335.0 per contract. There were 21484 open contracts at this strike prior to today, and today 2000 contract(s) were bought and sold.

• For MCFT MCFT, we notice a put option trade that happens to be bullish, expiring in 36 day(s) on October 20, 2023. This event was a transfer of 350 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $280.0K, with a price of $800.0 per contract. There were 1152 open contracts at this strike prior to today, and today 1152 contract(s) were bought and sold.

• Regarding MGM MGM, we observe a put option trade with neutral sentiment. It expires in 36 day(s) on October 20, 2023. Parties traded 1000 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $70.0K, with a price of $70.0 per contract. There were 10008 open contracts at this strike prior to today, and today 1128 contract(s) were bought and sold.

• For ABNB ABNB, we notice a put option trade that happens to be bullish, expiring in 64 day(s) on November 17, 2023. This event was a transfer of 45 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $50.1K, with a price of $1115.0 per contract. There were 468 open contracts at this strike prior to today, and today 952 contract(s) were bought and sold.

• For SBUX SBUX, we notice a put option sweep that happens to be bullish, expiring in 36 day(s) on October 20, 2023. This event was a transfer of 371 contract(s) at a $100.00 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 $115.0K, with a price of $310.0 per contract. There were 6310 open contracts at this strike prior to today, and today 846 contract(s) were bought and sold.

• For PLAY PLAY, we notice a call option sweep that happens to be bullish, expiring in 36 day(s) on October 20, 2023. This event was a transfer of 350 contract(s) at a $35.00 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 $78.7K, with a price of $225.0 per contract. There were 908 open contracts at this strike prior to today, and today 699 contract(s) were bought and sold.

• Regarding NIO NIO, we observe a call option sweep with bullish sentiment. It expires in 491 day(s) on January 17, 2025. Parties traded 150 contract(s) at a $15.00 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 $32.7K, with a price of $218.0 per contract. There were 16154 open contracts at this strike prior to today, and today 303 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.