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.

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

Explanation

These itemized elaborations have been created using the accompanying table.

• For TSLA TSLA, we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on September 29, 2023. This event was a transfer of 100 contract(s) at a $245.00 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 $37.6K, with a price of $376.0 per contract. There were 13723 open contracts at this strike prior to today, and today 96513 contract(s) were bought and sold.

• Regarding CVNA CVNA, we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on September 29, 2023. Parties traded 427 contract(s) at a $41.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $43.3K, with a price of $103.0 per contract. There were 1874 open contracts at this strike prior to today, and today 2298 contract(s) were bought and sold.

• Regarding GOEV GOEV, we observe a call option sweep with bearish sentiment. It expires in 477 day(s) on January 17, 2025. Parties traded 1706 contract(s) at a $0.50 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $34.1K, with a price of $20.0 per contract. There were 24438 open contracts at this strike prior to today, and today 2073 contract(s) were bought and sold.

• For TCOM TCOM, we notice a call option sweep that happens to be bullish, expiring in 78 day(s) on December 15, 2023. This event was a transfer of 214 contract(s) at a $37.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $38.9K, with a price of $184.0 per contract. There were 632 open contracts at this strike prior to today, and today 1675 contract(s) were bought and sold.

• For LCID LCID, we notice a call option sweep that happens to be bullish, expiring in 540 day(s) on March 21, 2025. This event was a transfer of 400 contract(s) at a $7.00 strike. This particular call needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $61.2K, with a price of $153.0 per contract. There were 212 open contracts at this strike prior to today, and today 1110 contract(s) were bought and sold.

• Regarding DKNG DKNG, we observe a call option sweep with bearish sentiment. It expires in 113 day(s) on January 19, 2024. Parties traded 100 contract(s) at a $30.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $32.5K, with a price of $325.0 per contract. There were 19627 open contracts at this strike prior to today, and today 674 contract(s) were bought and sold.

• Regarding DRI DRI, we observe a call option sweep with bearish sentiment. It expires in 50 day(s) on November 17, 2023. Parties traded 45 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 $28.8K, with a price of $640.0 per contract. There were 140 open contracts at this strike prior to today, and today 579 contract(s) were bought and sold.

• For LEN LEN, we notice a put option sweep that happens to be bearish, expiring in 50 day(s) on November 17, 2023. This event was a transfer of 45 contract(s) at a $115.00 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 $25.6K, with a price of $570.0 per contract. There were 2873 open contracts at this strike prior to today, and today 289 contract(s) were bought and sold.

• Regarding CAKE CAKE, we observe a call option trade with bullish sentiment. It expires in 113 day(s) on January 19, 2024. Parties traded 250 contract(s) at a $32.50 strike. The total cost received by the writing party (or parties) was $39.2K, with a price of $157.0 per contract. There were 539 open contracts at this strike prior to today, and today 251 contract(s) were bought and sold.

• Regarding NKE NKE, we observe a put option sweep with bearish sentiment. It expires in 113 day(s) on January 19, 2024. Parties traded 15 contract(s) at a $110.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $31.0K, with a price of $2070.0 per contract. There were 6014 open contracts at this strike prior to today, and today 199 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.