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.

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 October 6, 2023. This event was a transfer of 90 contract(s) at a $260.00 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 $27.4K, with a price of $305.0 per contract. There were 32342 open contracts at this strike prior to today, and today 109518 contract(s) were bought and sold.

• Regarding GM GM, we observe a call option sweep with bullish sentiment. It expires in 15 day(s) on October 20, 2023. Parties traded 1007 contract(s) at a $31.50 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 $39.2K, with a price of $39.0 per contract. There were 3794 open contracts at this strike prior to today, and today 5233 contract(s) were bought and sold.

• Regarding RIVN RIVN, we observe a call option sweep with bearish sentiment. It expires in 71 day(s) on December 15, 2023. Parties traded 980 contract(s) at a $25.00 strike. This particular call needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $88.2K, with a price of $90.0 per contract. There were 4886 open contracts at this strike prior to today, and today 3233 contract(s) were bought and sold.

• Regarding LCID LCID, we observe a put option sweep with bearish sentiment. It expires in 225 day(s) on May 17, 2024. Parties traded 1605 contract(s) at a $4.00 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 $99.5K, with a price of $62.0 per contract. There were 19753 open contracts at this strike prior to today, and today 2989 contract(s) were bought and sold.

• For CVNA CVNA, we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on October 6, 2023. This event was a transfer of 2010 contract(s) at a $37.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $62.7K, with a price of $31.0 per contract. There were 2483 open contracts at this strike prior to today, and today 2685 contract(s) were bought and sold.

• Regarding OSTK OSTK, we observe a call option sweep with bearish sentiment. It expires in 106 day(s) on January 19, 2024. Parties traded 259 contract(s) at a $20.00 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 $40.1K, with a price of $155.0 per contract. There were 9375 open contracts at this strike prior to today, and today 1692 contract(s) were bought and sold.

• Regarding F F, we observe a put option sweep with bearish sentiment. It expires in 162 day(s) on March 15, 2024. Parties traded 1350 contract(s) at a $11.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $101.2K, with a price of $75.0 per contract. There were 14616 open contracts at this strike prior to today, and today 1376 contract(s) were bought and sold.

• Regarding ABNB ABNB, we observe a put option sweep with bearish sentiment. It expires in 15 day(s) on October 20, 2023. Parties traded 150 contract(s) at a $130.00 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $119.1K, with a price of $790.0 per contract. There were 5308 open contracts at this strike prior to today, and today 861 contract(s) were bought and sold.

• For CZR CZR, we notice a call option sweep that happens to be bearish, expiring in 71 day(s) on December 15, 2023. This event was a transfer of 66 contract(s) at a $40.00 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 $39.6K, with a price of $600.0 per contract. There were 796 open contracts at this strike prior to today, and today 705 contract(s) were bought and sold.

• Regarding DASH DASH, we observe a put option sweep with bullish sentiment. It expires in 134 day(s) on February 16, 2024. Parties traded 150 contract(s) at a $55.00 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 $31.5K, with a price of $210.0 per contract. There were 3598 open contracts at this strike prior to today, and today 325 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.