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 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 itemized elaborations have been created using the accompanying table.

• For WYNN WYNN, we notice a call option sweep that happens to be bearish, expiring in 72 day(s) on June 16, 2023. This event was a transfer of 90 contract(s) at a $120.00 strike. This particular call needed to be split into 87 different trades to become filled. The total cost received by the writing party (or parties) was $31.5K, with a price of $350.0 per contract. There were 11149 open contracts at this strike prior to today, and today 1176 contract(s) were bought and sold.

• For NIO NIO, we notice a put option sweep that happens to be bullish, expiring in 16 day(s) on April 21, 2023. This event was a transfer of 300 contract(s) at a $10.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $35.1K, with a price of $117.0 per contract. There were 13261 open contracts at this strike prior to today, and today 575 contract(s) were bought and sold.

• Regarding VSCO VSCO, we observe a call option sweep with bullish sentiment. It expires in 16 day(s) on April 21, 2023. Parties traded 191 contract(s) at a $30.00 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 $61.1K, with a price of $320.0 per contract. There were 37 open contracts at this strike prior to today, and today 513 contract(s) were bought and sold.

• For FL FL, we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on April 6, 2023. This event was a transfer of 467 contract(s) at a $40.00 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 $46.7K, with a price of $100.0 per contract. There were 735 open contracts at this strike prior to today, and today 473 contract(s) were bought and sold.

• Regarding SBUX SBUX, we observe a put option sweep with bearish sentiment. It expires in 653 day(s) on January 17, 2025. Parties traded 37 contract(s) at a $100.00 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 $40.8K, with a price of $1105.0 per contract. There were 254 open contracts at this strike prior to today, and today 452 contract(s) were bought and sold.

• Regarding TSLA TSLA, we observe a put option sweep with neutral sentiment. It expires in 9 day(s) on April 14, 2023. Parties traded 11 contract(s) at a $210.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $27.0K, with a price of $2460.0 per contract. There were 677 open contracts at this strike prior to today, and today 252 contract(s) were bought and sold.

• Regarding RCL RCL, we observe a put option trade with bearish sentiment. It expires in 72 day(s) on June 16, 2023. Parties traded 100 contract(s) at a $57.50 strike. The total cost received by the writing party (or parties) was $32.0K, with a price of $320.0 per contract. There were 877 open contracts at this strike prior to today, and today 234 contract(s) were bought and sold.

• Regarding SG SG, we observe a put option sweep with bullish sentiment. It expires in 653 day(s) on January 17, 2025. Parties traded 237 contract(s) at a $7.50 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 $71.1K, with a price of $300.0 per contract. There were 251 open contracts at this strike prior to today, and today 124 contract(s) were bought and sold.

• For FND FND, we notice a put option sweep that happens to be bearish, expiring in 198 day(s) on October 20, 2023. This event was a transfer of 100 contract(s) at a $80.00 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 $60.0K, with a price of $600.0 per contract. There were 108 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold.

• For MAR MAR, we notice a put option sweep that happens to be bullish, expiring in 289 day(s) on January 19, 2024. This event was a transfer of 50 contract(s) at a $140.00 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 $38.5K, with a price of $770.0 per contract. There were 3040 open contracts at this strike prior to today, and today 50 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.