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 sweep with bullish sentiment. It expires in 3 day(s) on February 3, 2023. Parties traded 50 contract(s) at a $170.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $35.5K, with a price of $710.0 per contract. There were 22908 open contracts at this strike prior to today, and today 80908 contract(s) were bought and sold.

• Regarding AMZN AMZN, we observe a call option sweep with bullish sentiment. It expires in 17 day(s) on February 17, 2023. Parties traded 88 contract(s) at a $107.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $29.3K, with a price of $333.0 per contract. There were 5207 open contracts at this strike prior to today, and today 6332 contract(s) were bought and sold.

• For WW WW, we notice a call option sweep that happens to be bullish, expiring in 80 day(s) on April 21, 2023. This event was a transfer of 2959 contract(s) at a $7.50 strike. This particular call needed to be split into 55 different trades to become filled. The total cost received by the writing party (or parties) was $44.3K, with a price of $15.0 per contract. There were 361 open contracts at this strike prior to today, and today 2985 contract(s) were bought and sold.

• Regarding F F, we observe a call option sweep with bullish sentiment. It expires in 227 day(s) on September 15, 2023. Parties traded 202 contract(s) at a $13.00 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 $33.5K, with a price of $166.0 per contract. There were 5922 open contracts at this strike prior to today, and today 1684 contract(s) were bought and sold.

• Regarding PENN PENN, we observe a call option trade with bullish sentiment. It expires in 17 day(s) on February 17, 2023. Parties traded 1250 contract(s) at a $38.00 strike. The total cost received by the writing party (or parties) was $85.0K, with a price of $68.0 per contract. There were 169 open contracts at this strike prior to today, and today 1461 contract(s) were bought and sold.

• For SONY SONY, we notice a put option sweep that happens to be neutral, expiring in 353 day(s) on January 19, 2024. This event was a transfer of 92 contract(s) at a $85.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $62.5K, with a price of $680.0 per contract. There were 2475 open contracts at this strike prior to today, and today 1059 contract(s) were bought and sold.

• For BABA BABA, we notice a call option trade that happens to be bearish, expiring in 353 day(s) on January 19, 2024. This event was a transfer of 900 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $1.5 million, with a price of $1763.0 per contract. There were 13814 open contracts at this strike prior to today, and today 927 contract(s) were bought and sold.

• Regarding HLT HLT, we observe a call option trade with bearish sentiment. It expires in 171 day(s) on July 21, 2023. Parties traded 700 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $198.1K, with a price of $283.0 per contract. There were 139 open contracts at this strike prior to today, and today 700 contract(s) were bought and sold.

• For DASH DASH, we notice a call option sweep that happens to be bullish, expiring in 45 day(s) on March 17, 2023. This event was a transfer of 175 contract(s) at a $70.00 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 $33.6K, with a price of $192.0 per contract. There were 3064 open contracts at this strike prior to today, and today 688 contract(s) were bought and sold.

• Regarding W W, we observe a put option sweep with bearish sentiment. It expires in 31 day(s) on March 3, 2023. Parties traded 26 contract(s) at a $65.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $26.9K, with a price of $1035.0 per contract. There were 222 open contracts at this strike prior to today, and today 410 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.