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

• Regarding TSLA TSLA, we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on October 20, 2023. Parties traded 55 contract(s) at a $250.00 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 $28.6K, with a price of $520.0 per contract. There were 28256 open contracts at this strike prior to today, and today 27358 contract(s) were bought and sold.

• For VFS VFS, we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on October 20, 2023. This event was a transfer of 642 contract(s) at a $7.50 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 $84.7K, with a price of $132.0 per contract. There were 6144 open contracts at this strike prior to today, and today 3604 contract(s) were bought and sold.

• For DKNG DKNG, we notice a call option sweep that happens to be bearish, expiring in 45 day(s) on December 1, 2023. This event was a transfer of 321 contract(s) at a $35.00 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 $27.9K, with a price of $87.0 per contract. There were 13 open contracts at this strike prior to today, and today 872 contract(s) were bought and sold.

• Regarding MCD MCD, we observe a put option trade with neutral sentiment. It expires in 31 day(s) on November 17, 2023. Parties traded 350 contract(s) at a $235.00 strike. The total cost received by the writing party (or parties) was $54.2K, with a price of $155.0 per contract. There were 786 open contracts at this strike prior to today, and today 358 contract(s) were bought and sold.

• Regarding LULU LULU, we observe a call option trade with bearish sentiment. It expires in 248 day(s) on June 21, 2024. Parties traded 200 contract(s) at a $360.00 strike. The total cost received by the writing party (or parties) was $1.7 million, with a price of $8985.0 per contract. There were 532 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.

• For ABNB ABNB, we notice a call option sweep that happens to be bearish, expiring in 185 day(s) on April 19, 2024. This event was a transfer of 26 contract(s) at a $115.00 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 $59.4K, with a price of $2285.0 per contract. There were 214 open contracts at this strike prior to today, and today 93 contract(s) were bought and sold.

• For LVS LVS, we notice a call option sweep that happens to be bullish, expiring in 94 day(s) on January 19, 2024. This event was a transfer of 50 contract(s) at a $38.00 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 $42.7K, with a price of $855.0 per contract. There were 1482 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold.

• Regarding WYNN WYNN, we observe a put option trade with bullish sentiment. It expires in 248 day(s) on June 21, 2024. Parties traded 19 contract(s) at a $97.50 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $1370.0 per contract. There were 266 open contracts at this strike prior to today, and today 19 contract(s) were bought and sold.

• For CVNA CVNA, we notice a put option trade that happens to be bearish, expiring in 122 day(s) on February 16, 2024. This event was a transfer of 99 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $51.7K, with a price of $523.0 per contract. There were 250 open contracts at this strike prior to today, and today 2 contract(s) were bought and sold.

• For SONO SONO, we notice a put option sweep that happens to be bearish, expiring in 94 day(s) on January 19, 2024. This event was a transfer of 130 contract(s) at a $17.50 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 $75.4K, with a price of $580.0 per contract. There were 2585 open contracts at this strike prior to today, and today 0 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.