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.

• Regarding TSLA TSLA, we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on December 29, 2023. Parties traded 50 contract(s) at a $255.00 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 $30.5K, with a price of $610.0 per contract. There were 6417 open contracts at this strike prior to today, and today 27784 contract(s) were bought and sold.

• For CVNA CVNA, we notice a put option sweep that happens to be bullish, expiring in 3 day(s) on December 22, 2023. This event was a transfer of 5899 contract(s) at a $56.00 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 $478.9K, with a price of $80.0 per contract. There were 8106 open contracts at this strike prior to today, and today 10913 contract(s) were bought and sold.

• For BABA BABA, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on December 29, 2023. This event was a transfer of 500 contract(s) at a $75.00 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 $71.1K, with a price of $142.0 per contract. There were 10451 open contracts at this strike prior to today, and today 5706 contract(s) were bought and sold.

• For MNSO MNSO, we notice a put option trade that happens to be bearish, expiring in 144 day(s) on May 17, 2024. This event was a transfer of 999 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $104.8K, with a price of $105.0 per contract. There were 2955 open contracts at this strike prior to today, and today 2441 contract(s) were bought and sold.

• Regarding GME GME, we observe a call option sweep with bullish sentiment. It expires in 25 day(s) on January 19, 2024. Parties traded 750 contract(s) at a $18.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $73.0K, with a price of $98.0 per contract. There were 633 open contracts at this strike prior to today, and today 1372 contract(s) were bought and sold.

• For NKE NKE, we notice a call option sweep that happens to be bullish, expiring in 270 day(s) on September 20, 2024. This event was a transfer of 54 contract(s) at a $110.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $56.9K, with a price of $1055.0 per contract. There were 367 open contracts at this strike prior to today, and today 310 contract(s) were bought and sold.

• For GM GM, we notice a put option sweep that happens to be bullish, expiring in 543 day(s) on June 20, 2025. This event was a transfer of 65 contract(s) at a $37.00 strike. This particular put needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $34.7K, with a price of $535.0 per contract. There were 778 open contracts at this strike prior to today, and today 231 contract(s) were bought and sold.

• For VSCO VSCO, we notice a call option sweep that happens to be bearish, expiring in 81 day(s) on March 15, 2024. This event was a transfer of 210 contract(s) at a $27.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $80.7K, with a price of $384.0 per contract. There were 66 open contracts at this strike prior to today, and today 210 contract(s) were bought and sold.

• Regarding DHI DHI, we observe a call option trade with bullish sentiment. It expires in 4 day(s) on December 29, 2023. Parties traded 50 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $27.5K, with a price of $550.0 per contract. There were 24 open contracts at this strike prior to today, and today 185 contract(s) were bought and sold.

• For ULTA ULTA, we notice a call option sweep that happens to be bullish, expiring in 25 day(s) on January 19, 2024. This event was a transfer of 30 contract(s) at a $470.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $37.7K, with a price of $1255.0 per contract. There were 471 open contracts at this strike prior to today, and today 74 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.