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 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.

• Regarding TSLA TSLA, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on April 14, 2023. Parties traded 196 contract(s) at a $190.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $56.2K, with a price of $287.0 per contract. There were 33342 open contracts at this strike prior to today, and today 123567 contract(s) were bought and sold.

• Regarding GM GM, we observe a call option trade with bullish sentiment. It expires in 66 day(s) on June 16, 2023. Parties traded 500 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $38.5K, with a price of $77.0 per contract. There were 24074 open contracts at this strike prior to today, and today 9114 contract(s) were bought and sold.

• Regarding MHK MHK, we observe a call option trade with bullish sentiment. It expires in 38 day(s) on May 19, 2023. Parties traded 2270 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $510.7K, with a price of $225.0 per contract. There were 56 open contracts at this strike prior to today, and today 2516 contract(s) were bought and sold.

• For WYNN WYNN, we notice a put option sweep that happens to be bullish, expiring in 3 day(s) on April 14, 2023. This event was a transfer of 350 contract(s) at a $109.00 strike. This particular put needed to be split into 45 different trades to become filled. The total cost received by the writing party (or parties) was $45.1K, with a price of $129.0 per contract. There were 187 open contracts at this strike prior to today, and today 776 contract(s) were bought and sold.

• Regarding MCD MCD, we observe a put option trade with bullish sentiment. It expires in 38 day(s) on May 19, 2023. Parties traded 700 contract(s) at a $265.00 strike. The total cost received by the writing party (or parties) was $105.0K, with a price of $150.0 per contract. There were 483 open contracts at this strike prior to today, and today 714 contract(s) were bought and sold.

• Regarding RIVN RIVN, we observe a put option sweep with bullish sentiment. It expires in 157 day(s) on September 15, 2023. Parties traded 500 contract(s) at a $12.50 strike. This particular put needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $86.0K, with a price of $172.0 per contract. There were 5365 open contracts at this strike prior to today, and today 515 contract(s) were bought and sold.

• For LOW LOW, we notice a put option trade that happens to be bearish, expiring in 66 day(s) on June 16, 2023. This event was a transfer of 73 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $40.5K, with a price of $555.0 per contract. There were 2217 open contracts at this strike prior to today, and today 240 contract(s) were bought and sold.

• For ABNB ABNB, we notice a put option trade that happens to be bearish, expiring in 283 day(s) on January 19, 2024. This event was a transfer of 200 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $252.0K, with a price of $1260.0 per contract. There were 1752 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.

• For EXPE EXPE, we notice a call option trade that happens to be bullish, expiring in 283 day(s) on January 19, 2024. This event was a transfer of 25 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $33.5K, with a price of $1340.0 per contract. There were 333 open contracts at this strike prior to today, and today 139 contract(s) were bought and sold.

• For CMG CMG, we notice a call option sweep that happens to be neutral, expiring in 17 day(s) on April 28, 2023. This event was a transfer of 70 contract(s) at a $1920.00 strike. This particular call needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $40.6K, with a price of $580.0 per contract. There were 9 open contracts at this strike prior to today, and today 72 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.