10 Consumer Discretionary Stocks With Whale Alerts 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.

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.

• For TSLA TSLA, we notice a call option sweep that happens to be bearish, expiring in 130 day(s) on August 5, 2022. This event was a transfer of 27 contract(s) at a $950.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $970.0 per contract. There were 12320 open contracts at this strike prior to today, and today 39555 contract(s) were bought and sold.

• Regarding AMZN AMZN, we observe a call option sweep with bearish sentiment. It expires in 130 day(s) on August 5, 2022. Parties traded 152 contract(s) at a $137.00 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 $28.1K, with a price of $185.0 per contract. There were 5704 open contracts at this strike prior to today, and today 15349 contract(s) were bought and sold.

• Regarding BABA BABA, we observe a call option sweep with bearish sentiment. It expires in 130 day(s) on August 5, 2022. Parties traded 86 contract(s) at a $95.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $25.6K, with a price of $298.0 per contract. There were 10869 open contracts at this strike prior to today, and today 14125 contract(s) were bought and sold.

• For KBH KBH, we notice a put option sweep that happens to be neutral, expiring in 402 day(s) on January 19, 2024. This event was a transfer of 627 contract(s) at a $15.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $53.2K, with a price of $85.0 per contract. There were 14016 open contracts at this strike prior to today, and today 3334 contract(s) were bought and sold.

• Regarding PDD PDD, we observe a call option trade with bearish sentiment. It expires in 130 day(s) on August 5, 2022. Parties traded 99 contract(s) at a $46.00 strike. The total cost received by the writing party (or parties) was $34.1K, with a price of $345.0 per contract. There were 61 open contracts at this strike prior to today, and today 664 contract(s) were bought and sold.

• Regarding CZR CZR, we observe a put option sweep with neutral sentiment. It expires in 88 day(s) on September 16, 2022. Parties traded 50 contract(s) at a $50.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $28.3K, with a price of $566.0 per contract. There were 4597 open contracts at this strike prior to today, and today 357 contract(s) were bought and sold.

• Regarding SBUX SBUX, we observe a put option trade with bearish sentiment. It expires in 88 day(s) on September 16, 2022. Parties traded 300 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $348.0K, with a price of $1160.0 per contract. There were 1273 open contracts at this strike prior to today, and today 300 contract(s) were bought and sold.

• Regarding RCL RCL, we observe a call option sweep with bullish sentiment. It expires in 88 day(s) on September 16, 2022. Parties traded 60 contract(s) at a $35.00 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 $26.7K, with a price of $445.0 per contract. There were 1077 open contracts at this strike prior to today, and today 173 contract(s) were bought and sold.

• Regarding POWW POWW, we observe a call option trade with bearish sentiment. It expires in 53 day(s) on October 21, 2022. Parties traded 100 contract(s) at a $2.50 strike. The total cost received by the writing party (or parties) was $25.9K, with a price of $259.0 per contract. There were 4908 open contracts at this strike prior to today, and today 115 contract(s) were bought and sold.

• For LI LI, we notice a call option sweep that happens to be bearish, expiring in 130 day(s) on August 5, 2022. This event was a transfer of 50 contract(s) at a $27.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $39.6K, with a price of $793.0 per contract. There were 6 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 news on unusual options activity.

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