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 itemized elaborations have been created using the accompanying table.

• For TSLA TSLA, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on January 27, 2023. This event was a transfer of 194 contract(s) at a $160.00 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 $30.0K, with a price of $155.0 per contract. There were 37859 open contracts at this strike prior to today, and today 144340 contract(s) were bought and sold.

• For VSCO VSCO, we notice a put option trade that happens to be bearish, expiring in 141 day(s) on June 16, 2023. This event was a transfer of 8000 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $1.2 million, with a price of $157.0 per contract. There were 100 open contracts at this strike prior to today, and today 8000 contract(s) were bought and sold.

• Regarding F F, we observe a put option trade with bullish sentiment. It expires in 141 day(s) on June 16, 2023. Parties traded 5000 contract(s) at a $13.00 strike. The total cost received by the writing party (or parties) was $640.0K, with a price of $128.0 per contract. There were 14993 open contracts at this strike prior to today, and today 5233 contract(s) were bought and sold.

• For MCD MCD, we notice a call option trade that happens to be bearish, expiring in 358 day(s) on January 19, 2024. This event was a transfer of 2500 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $5.1 million, with a price of $2070.0 per contract. There were 1730 open contracts at this strike prior to today, and today 2505 contract(s) were bought and sold.

• Regarding SBUX SBUX, we observe a put option trade with neutral sentiment. It expires in 141 day(s) on June 16, 2023. Parties traded 1200 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $474.0K, with a price of $395.0 per contract. There were 3118 open contracts at this strike prior to today, and today 1247 contract(s) were bought and sold.

• Regarding NIO NIO, we observe a call option trade with bullish sentiment. It expires in 8 day(s) on February 3, 2023. Parties traded 370 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $76.5K, with a price of $207.0 per contract. There were 484 open contracts at this strike prior to today, and today 432 contract(s) were bought and sold.

• Regarding XPEV XPEV, we observe a put option sweep with bullish sentiment. It expires in 50 day(s) on March 17, 2023. Parties traded 90 contract(s) at a $12.50 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $27.0K, with a price of $300.0 per contract. There were 8838 open contracts at this strike prior to today, and today 426 contract(s) were bought and sold.

• Regarding CHWY CHWY, we observe a put option sweep with bearish sentiment. It expires in 85 day(s) on April 21, 2023. Parties traded 29 contract(s) at a $55.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $34.3K, with a price of $1185.0 per contract. There were 9152 open contracts at this strike prior to today, and today 242 contract(s) were bought and sold.

• Regarding PDD PDD, we observe a call option sweep with bullish sentiment. It expires in 176 day(s) on July 21, 2023. Parties traded 100 contract(s) at a $115.00 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 $117.0K, with a price of $1170.0 per contract. There were 808 open contracts at this strike prior to today, and today 150 contract(s) were bought and sold.

• For W W, we notice a call option sweep that happens to be bearish, expiring in 22 day(s) on February 17, 2023. This event was a transfer of 60 contract(s) at a $55.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $30.3K, with a price of $505.0 per contract. There were 1597 open contracts at this strike prior to today, and today 140 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.