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:

Explanation

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

• Regarding TSLA TSLA, we observe a call option trade with bullish sentiment. It expires in 3 day(s) on January 12, 2024. Parties traded 200 contract(s) at a $237.50 strike. The total cost received by the writing party (or parties) was $59.0K, with a price of $295.0 per contract. There were 8518 open contracts at this strike prior to today, and today 63977 contract(s) were bought and sold.

• For BABA BABA, we notice a call option sweep that happens to be bearish, expiring in 38 day(s) on February 16, 2024. This event was a transfer of 372 contract(s) at a $80.00 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 $33.8K, with a price of $91.0 per contract. There were 71764 open contracts at this strike prior to today, and today 9729 contract(s) were bought and sold.

• For AMZN AMZN, we notice a put option trade that happens to be bullish, expiring in 3 day(s) on January 12, 2024. This event was a transfer of 331 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $31.1K, with a price of $94.0 per contract. There were 6078 open contracts at this strike prior to today, and today 8795 contract(s) were bought and sold.

• For QS QS, we notice a put option trade that happens to be bearish, expiring in 17 day(s) on January 26, 2024. This event was a transfer of 1849 contract(s) at a $9.50 strike. The total cost received by the writing party (or parties) was $212.6K, with a price of $115.0 per contract. There were 1316 open contracts at this strike prior to today, and today 6129 contract(s) were bought and sold.

• Regarding DASH DASH, we observe a call option trade with neutral sentiment. It expires in 66 day(s) on March 15, 2024. Parties traded 5000 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $2.3 million, with a price of $460.0 per contract. There were 379 open contracts at this strike prior to today, and today 5003 contract(s) were bought and sold.

• Regarding GM GM, we observe a call option trade with bearish sentiment. It expires in 255 day(s) on September 20, 2024. Parties traded 4000 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $1.0 million, with a price of $264.0 per contract. There were 15083 open contracts at this strike prior to today, and today 4010 contract(s) were bought and sold.

• Regarding RIVN RIVN, we observe a put option trade with bullish sentiment. It expires in 66 day(s) on March 15, 2024. Parties traded 1919 contract(s) at a $17.50 strike. The total cost received by the writing party (or parties) was $249.4K, with a price of $130.0 per contract. There were 26919 open contracts at this strike prior to today, and today 2365 contract(s) were bought and sold.

• For PDD PDD, we notice a put option trade that happens to be bearish, expiring in 101 day(s) on April 19, 2024. This event was a transfer of 60 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $48.3K, with a price of $805.0 per contract. There were 1621 open contracts at this strike prior to today, and today 2124 contract(s) were bought and sold.

• For F F, we notice a put option trade that happens to be bearish, expiring in 374 day(s) on January 17, 2025. This event was a transfer of 1000 contract(s) at a $9.35 strike. The total cost received by the writing party (or parties) was $61.0K, with a price of $61.0 per contract. There were 79905 open contracts at this strike prior to today, and today 1005 contract(s) were bought and sold.

• Regarding ABNB ABNB, we observe a call option trade with bearish sentiment. It expires in 31 day(s) on February 9, 2024. Parties traded 800 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $36.8K, with a price of $46.0 per contract. There were 59 open contracts at this strike prior to today, and today 804 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.