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:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
TSLA CALL TRADE NEUTRAL 11/10/23 $220.00 $33.0K 20.4K 69.1K
W PUT TRADE BULLISH 01/19/24 $40.00 $135.2K 5.8K 10.8K
LCID PUT TRADE BULLISH 01/17/25 $3.00 $380.0K 25.6K 1.3K
LULU PUT TRADE NEUTRAL 03/15/24 $370.00 $108.3K 758 606
LVS PUT SWEEP BEARISH 01/17/25 $45.00 $67.2K 1.1K 359
CVNA CALL TRADE BULLISH 12/15/23 $30.00 $56.7K 1.1K 346
MAR CALL TRADE BEARISH 11/10/23 $195.00 $46.5K 114 345
NKE CALL SWEEP BEARISH 03/15/24 $120.00 $26.6K 1.6K 344
LEN PUT SWEEP BEARISH 01/19/24 $105.00 $47.9K 1.0K 291
EXPE CALL SWEEP BULLISH 03/15/24 $125.00 $81.4K 2.4K 276

Explanation

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

• Regarding TSLA TSLA, we observe a call option trade with neutral sentiment. It expires in 3 day(s) on November 10, 2023. Parties traded 100 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $33.0K, with a price of $330.0 per contract. There were 20488 open contracts at this strike prior to today, and today 69186 contract(s) were bought and sold.

• Regarding W W, we observe a put option trade with bullish sentiment. It expires in 73 day(s) on January 19, 2024. Parties traded 520 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $135.2K, with a price of $260.0 per contract. There were 5857 open contracts at this strike prior to today, and today 10871 contract(s) were bought and sold.

• For LCID LCID, we notice a put option trade that happens to be bullish, expiring in 437 day(s) on January 17, 2025. This event was a transfer of 5000 contract(s) at a $3.00 strike. The total cost received by the writing party (or parties) was $380.0K, with a price of $76.0 per contract. There were 25628 open contracts at this strike prior to today, and today 1374 contract(s) were bought and sold.

• For LULU LULU, we notice a put option trade that happens to be neutral, expiring in 129 day(s) on March 15, 2024. This event was a transfer of 83 contract(s) at a $370.00 strike. The total cost received by the writing party (or parties) was $108.3K, with a price of $1306.0 per contract. There were 758 open contracts at this strike prior to today, and today 606 contract(s) were bought and sold.

• Regarding LVS LVS, we observe a put option sweep with bearish sentiment. It expires in 437 day(s) on January 17, 2025. Parties traded 140 contract(s) at a $45.00 strike. This particular put needed to be split into 47 different trades to become filled. The total cost received by the writing party (or parties) was $67.2K, with a price of $480.0 per contract. There were 1131 open contracts at this strike prior to today, and today 359 contract(s) were bought and sold.

• For CVNA CVNA, we notice a call option trade that happens to be bullish, expiring in 38 day(s) on December 15, 2023. This event was a transfer of 100 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $56.7K, with a price of $567.0 per contract. There were 1191 open contracts at this strike prior to today, and today 346 contract(s) were bought and sold.

• For MAR MAR, we notice a call option trade that happens to be bearish, expiring in 3 day(s) on November 10, 2023. This event was a transfer of 300 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $46.5K, with a price of $155.0 per contract. There were 114 open contracts at this strike prior to today, and today 345 contract(s) were bought and sold.

• Regarding NKE NKE, we observe a call option sweep with bearish sentiment. It expires in 129 day(s) on March 15, 2024. Parties traded 97 contract(s) at a $120.00 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 $26.6K, with a price of $275.0 per contract. There were 1679 open contracts at this strike prior to today, and today 344 contract(s) were bought and sold.

• Regarding LEN LEN, we observe a put option sweep with bearish sentiment. It expires in 73 day(s) on January 19, 2024. Parties traded 282 contract(s) at a $105.00 strike. This particular put needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $47.9K, with a price of $170.0 per contract. There were 1029 open contracts at this strike prior to today, and today 291 contract(s) were bought and sold.

• For EXPE EXPE, we notice a call option sweep that happens to be bullish, expiring in 129 day(s) on March 15, 2024. This event was a transfer of 91 contract(s) at a $125.00 strike. This particular call needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $81.4K, with a price of $895.0 per contract. There were 2450 open contracts at this strike prior to today, and today 276 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.

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