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.

Here's the list of options activity happening in today's session:

Explanation

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

• For BABA BABA, we notice a put option trade that happens to be bearish, expiring in 7 day(s) on December 1, 2023. This event was a transfer of 602 contract(s) at a $78.00 strike. The total cost received by the writing party (or parties) was $53.5K, with a price of $89.0 per contract. There were 2238 open contracts at this strike prior to today, and today 4693 contract(s) were bought and sold.

• For JD JD, we notice a put option trade that happens to be bullish, expiring in 112 day(s) on March 15, 2024. This event was a transfer of 140 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $91.7K, with a price of $655.0 per contract. There were 13428 open contracts at this strike prior to today, and today 4666 contract(s) were bought and sold.

• Regarding AMZN AMZN, we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on December 1, 2023. Parties traded 226 contract(s) at a $144.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $87.8K, with a price of $389.0 per contract. There were 7886 open contracts at this strike prior to today, and today 2006 contract(s) were bought and sold.

• Regarding DKNG DKNG, we observe a call option trade with bearish sentiment. It expires in 210 day(s) on June 21, 2024. Parties traded 500 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $280.0K, with a price of $560.0 per contract. There were 3348 open contracts at this strike prior to today, and today 1507 contract(s) were bought and sold.

• For HD HD, we notice a put option trade that happens to be bullish, expiring in 21 day(s) on December 15, 2023. This event was a transfer of 1000 contract(s) at a $295.00 strike. The total cost received by the writing party (or parties) was $86.0K, with a price of $86.0 per contract. There were 1002 open contracts at this strike prior to today, and today 1073 contract(s) were bought and sold.

• For XPEV XPEV, we notice a call option trade that happens to be neutral, expiring in 147 day(s) on April 19, 2024. This event was a transfer of 500 contract(s) at a $18.00 strike. The total cost received by the writing party (or parties) was $170.0K, with a price of $340.0 per contract. There were 2160 open contracts at this strike prior to today, and today 1016 contract(s) were bought and sold.

• For CHWY CHWY, we notice a call option sweep that happens to be bearish, expiring in 56 day(s) on January 19, 2024. This event was a transfer of 425 contract(s) at a $20.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $105.4K, with a price of $248.0 per contract. There were 5033 open contracts at this strike prior to today, and today 446 contract(s) were bought and sold.

• For PDD PDD, we notice a put option sweep that happens to be bearish, expiring in 7 day(s) on December 1, 2023. This event was a transfer of 230 contract(s) at a $115.00 strike. This particular put needed to be split into 115 different trades to become filled. The total cost received by the writing party (or parties) was $79.3K, with a price of $345.0 per contract. There were 421 open contracts at this strike prior to today, and today 338 contract(s) were bought and sold.

• For VFS VFS, we notice a put option trade that happens to be bullish, expiring in 7 day(s) on December 1, 2023. This event was a transfer of 315 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $122.8K, with a price of $390.0 per contract. There were 10 open contracts at this strike prior to today, and today 323 contract(s) were bought and sold.

• For CVNA CVNA, we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 127 contract(s) at a $34.00 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 $34.6K, with a price of $273.0 per contract. There were 863 open contracts at this strike prior to today, and today 312 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.