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.

• Regarding TSLA TSLA, we observe a put option sweep with neutral sentiment. It expires in 3 day(s) on September 29, 2023. Parties traded 106 contract(s) at a $240.00 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 $29.6K, with a price of $280.0 per contract. There were 14634 open contracts at this strike prior to today, and today 65432 contract(s) were bought and sold.

• Regarding GM GM, we observe a call option trade with neutral sentiment. It expires in 10 day(s) on October 6, 2023. Parties traded 1000 contract(s) at a $33.50 strike. The total cost received by the writing party (or parties) was $39.0K, with a price of $39.0 per contract. There were 1190 open contracts at this strike prior to today, and today 3076 contract(s) were bought and sold.

• Regarding RIVN RIVN, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on September 29, 2023. Parties traded 200 contract(s) at a $20.50 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 $39.3K, with a price of $197.0 per contract. There were 1141 open contracts at this strike prior to today, and today 1192 contract(s) were bought and sold.

• Regarding FFIE FFIE, we observe a call option trade with bullish sentiment. It expires in 479 day(s) on January 17, 2025. Parties traded 400 contract(s) at a $4.00 strike. The total cost received by the writing party (or parties) was $36.0K, with a price of $90.0 per contract. There were 16 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.

• Regarding W W, we observe a put option sweep with bearish sentiment. It expires in 206 day(s) on April 19, 2024. Parties traded 20 contract(s) at a $65.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $31.9K, with a price of $1598.0 per contract. There were 151 open contracts at this strike prior to today, and today 378 contract(s) were bought and sold.

• Regarding ABNB ABNB, we observe a put option trade with bullish sentiment. It expires in 360 day(s) on September 20, 2024. Parties traded 300 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $528.6K, with a price of $1762.0 per contract. There were 42 open contracts at this strike prior to today, and today 349 contract(s) were bought and sold.

• Regarding LI LI, we observe a call option trade with bullish sentiment. It expires in 234 day(s) on May 17, 2024. Parties traded 194 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $40.7K, with a price of $210.0 per contract. There were 3365 open contracts at this strike prior to today, and today 300 contract(s) were bought and sold.

• Regarding ACEL ACEL, we observe a put option sweep with bullish sentiment. It expires in 115 day(s) on January 19, 2024. Parties traded 200 contract(s) at a $12.50 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $38.0K, with a price of $190.0 per contract. There were 780 open contracts at this strike prior to today, and today 290 contract(s) were bought and sold.

• Regarding LULU LULU, we observe a put option sweep with bearish sentiment. It expires in 3 day(s) on September 29, 2023. Parties traded 60 contract(s) at a $382.50 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 $28.8K, with a price of $480.0 per contract. There were 434 open contracts at this strike prior to today, and today 259 contract(s) were bought and sold.

• Regarding FSR FSR, we observe a call option sweep with bullish sentiment. It expires in 143 day(s) on February 16, 2024. Parties traded 250 contract(s) at a $5.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $38.2K, with a price of $153.0 per contract. There were 325 open contracts at this strike prior to today, and today 251 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.