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.

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 call option sweep with bullish sentiment. It expires in 3 day(s) on October 27, 2023. Parties traded 146 contract(s) at a $220.00 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 $48.1K, with a price of $330.0 per contract. There were 19957 open contracts at this strike prior to today, and today 101714 contract(s) were bought and sold.

• Regarding RIVN RIVN, we observe a put option trade with bearish sentiment. It expires in 815 day(s) on January 16, 2026. Parties traded 1500 contract(s) at a $22.50 strike. The total cost received by the writing party (or parties) was $1.4 million, with a price of $970.0 per contract. There were 83 open contracts at this strike prior to today, and today 1500 contract(s) were bought and sold.

• For NIO NIO, we notice a put option sweep that happens to be bearish, expiring in 24 day(s) on November 17, 2023. This event was a transfer of 1000 contract(s) at a $10.00 strike. This particular put needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $213.1K, with a price of $213.0 per contract. There were 13215 open contracts at this strike prior to today, and today 1048 contract(s) were bought and sold.

• Regarding LI LI, we observe a put option sweep with bullish sentiment. It expires in 10 day(s) on November 3, 2023. Parties traded 484 contract(s) at a $33.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $25.1K, with a price of $52.0 per contract. There were 143 open contracts at this strike prior to today, and today 537 contract(s) were bought and sold.

• Regarding CZR CZR, we observe a put option sweep with neutral sentiment. It expires in 52 day(s) on December 15, 2023. Parties traded 50 contract(s) at a $50.00 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 $43.2K, with a price of $865.0 per contract. There were 3417 open contracts at this strike prior to today, and today 487 contract(s) were bought and sold.

• For ABNB ABNB, we notice a put option sweep that happens to be bearish, expiring in 87 day(s) on January 19, 2024. This event was a transfer of 35 contract(s) at a $130.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $50.2K, with a price of $1435.0 per contract. There were 2729 open contracts at this strike prior to today, and today 341 contract(s) were bought and sold.

• Regarding IGT IGT, we observe a put option sweep with bearish sentiment. It expires in 24 day(s) on November 17, 2023. Parties traded 200 contract(s) at a $29.00 strike. This particular put needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $25.0K, with a price of $130.0 per contract. There were 178 open contracts at this strike prior to today, and today 271 contract(s) were bought and sold.

• For NKE NKE, we notice a put option sweep that happens to be bullish, expiring in 87 day(s) on January 19, 2024. This event was a transfer of 100 contract(s) at a $100.00 strike. This particular put needed to be split into 9 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 12891 open contracts at this strike prior to today, and today 182 contract(s) were bought and sold.

• Regarding CAVA CAVA, we observe a put option trade with bearish sentiment. It expires in 269 day(s) on July 19, 2024. Parties traded 5 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $25.8K, with a price of $5160.0 per contract. There were 20 open contracts at this strike prior to today, and today 126 contract(s) were bought and sold.

• For RH RH, we notice a call option sweep that happens to be bullish, expiring in 451 day(s) on January 17, 2025. This event was a transfer of 23 contract(s) at a $400.00 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 $29.9K, with a price of $1300.0 per contract. There were 166 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 about unusual options activity.

This article was generated by Benzinga's automated content engine and reviewed by an editor.