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.

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 bearish sentiment. It expires in 1 day(s) on October 20, 2023. Parties traded 100 contract(s) at a $220.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $27.8K, with a price of $278.0 per contract. There were 38470 open contracts at this strike prior to today, and today 164227 contract(s) were bought and sold.

• For RIVN RIVN, we notice a put option trade that happens to be bearish, expiring in 456 day(s) on January 17, 2025. This event was a transfer of 10000 contract(s) at a $12.50 strike. The total cost received by the writing party (or parties) was $2.5 million, with a price of $256.0 per contract. There were 16547 open contracts at this strike prior to today, and today 10360 contract(s) were bought and sold.

• Regarding LCID LCID, we observe a put option trade with bullish sentiment. It expires in 92 day(s) on January 19, 2024. Parties traded 10000 contract(s) at a $3.00 strike. The total cost received by the writing party (or parties) was $180.0K, with a price of $18.0 per contract. There were 10978 open contracts at this strike prior to today, and today 10065 contract(s) were bought and sold.

• Regarding MCD MCD, we observe a call option trade with bearish sentiment. It expires in 29 day(s) on November 17, 2023. Parties traded 500 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $45.5K, with a price of $91.0 per contract. There were 994 open contracts at this strike prior to today, and today 3793 contract(s) were bought and sold.

• Regarding DKNG DKNG, we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on October 20, 2023. Parties traded 655 contract(s) at a $28.50 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $36.7K, with a price of $56.0 per contract. There were 1326 open contracts at this strike prior to today, and today 2236 contract(s) were bought and sold.

• Regarding SBUX SBUX, we observe a put option sweep with bearish sentiment. It expires in 8 day(s) on October 27, 2023. Parties traded 150 contract(s) at a $97.00 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 $35.1K, with a price of $234.0 per contract. There were 136 open contracts at this strike prior to today, and today 756 contract(s) were bought and sold.

• For LI LI, we notice a call option trade that happens to be bearish, expiring in 57 day(s) on December 15, 2023. This event was a transfer of 200 contract(s) at a $37.00 strike. The total cost received by the writing party (or parties) was $25.8K, with a price of $129.0 per contract. There were 882 open contracts at this strike prior to today, and today 480 contract(s) were bought and sold.

• Regarding MHK MHK, we observe a put option sweep with bearish sentiment. It expires in 29 day(s) on November 17, 2023. Parties traded 114 contract(s) at a $85.00 strike. This particular put needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $75.2K, with a price of $660.0 per contract. There were 211 open contracts at this strike prior to today, and today 307 contract(s) were bought and sold.

• For ABNB ABNB, we notice a put option trade that happens to be bearish, expiring in 456 day(s) on January 17, 2025. This event was a transfer of 104 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $98.2K, with a price of $945.0 per contract. There were 5236 open contracts at this strike prior to today, and today 209 contract(s) were bought and sold.

• Regarding FSR FSR, we observe a put option trade with bullish sentiment. It expires in 820 day(s) on January 16, 2026. Parties traded 100 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $62.5K, with a price of $625.0 per contract. There were 103 open contracts at this strike prior to today, and today 100 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.