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.

• Regarding TSLA TSLA, we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on December 30, 2022. Parties traded 83 contract(s) at a $110.00 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 $30.0K, with a price of $362.0 per contract. There were 30748 open contracts at this strike prior to today, and today 119083 contract(s) were bought and sold.

• Regarding VFC VFC, we observe a put option trade with bullish sentiment. It expires in 51 day(s) on February 17, 2023. Parties traded 134 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $60.3K, with a price of $450.0 per contract. There were 1590 open contracts at this strike prior to today, and today 4044 contract(s) were bought and sold.

• Regarding FTCH FTCH, we observe a call option sweep with bullish sentiment. It expires in 9 day(s) on January 6, 2023. Parties traded 1000 contract(s) at a $4.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $37.1K, with a price of $37.0 per contract. There were 5323 open contracts at this strike prior to today, and today 3493 contract(s) were bought and sold.

• Regarding AMZN AMZN, we observe a call option sweep with bullish sentiment. It expires in 51 day(s) on February 17, 2023. Parties traded 460 contract(s) at a $85.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $234.6K, with a price of $510.0 per contract. There were 13615 open contracts at this strike prior to today, and today 3181 contract(s) were bought and sold.

• For PDD PDD, we notice a put option trade that happens to be bullish, expiring in 9 day(s) on January 6, 2023. This event was a transfer of 200 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $43.0K, with a price of $215.0 per contract. There were 235 open contracts at this strike prior to today, and today 2194 contract(s) were bought and sold.

• Regarding GM GM, we observe a put option trade with bearish sentiment. It expires in 387 day(s) on January 19, 2024. Parties traded 2000 contract(s) at a $28.00 strike. The total cost received by the writing party (or parties) was $600.0K, with a price of $300.0 per contract. There were 3911 open contracts at this strike prior to today, and today 2002 contract(s) were bought and sold.

• For BBBY BBBY, we notice a put option sweep that happens to be bullish, expiring in 751 day(s) on January 17, 2025. This event was a transfer of 162 contract(s) at a $4.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $47.4K, with a price of $293.0 per contract. There were 2441 open contracts at this strike prior to today, and today 540 contract(s) were bought and sold.

• Regarding CHWY CHWY, we observe a put option sweep with bearish sentiment. It expires in 51 day(s) on February 17, 2023. Parties traded 384 contract(s) at a $30.00 strike. This particular put needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $54.5K, with a price of $142.0 per contract. There were 379 open contracts at this strike prior to today, and today 441 contract(s) were bought and sold.

• Regarding EXPE EXPE, we observe a call option sweep with bullish sentiment. It expires in 23 day(s) on January 20, 2023. Parties traded 93 contract(s) at a $85.00 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 $35.8K, with a price of $385.0 per contract. There were 605 open contracts at this strike prior to today, and today 418 contract(s) were bought and sold.

• Regarding GME GME, we observe a put option sweep with bearish sentiment. It expires in 79 day(s) on March 17, 2023. Parties traded 250 contract(s) at a $15.00 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $61.7K, with a price of $247.0 per contract. There were 340 open contracts at this strike prior to today, and today 306 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.