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.

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 bullish sentiment. It expires in 3 day(s) on April 21, 2023. Parties traded 66 contract(s) at a $187.50 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 $38.2K, with a price of $580.0 per contract. There were 9018 open contracts at this strike prior to today, and today 16916 contract(s) were bought and sold.

• For BLMN BLMN, we notice a call option trade that happens to be bearish, expiring in 31 day(s) on May 19, 2023. This event was a transfer of 2000 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $220.0K, with a price of $110.0 per contract. There were 29 open contracts at this strike prior to today, and today 2000 contract(s) were bought and sold.

• For MGM MGM, we notice a call option sweep that happens to be bearish, expiring in 10 day(s) on April 28, 2023. This event was a transfer of 359 contract(s) at a $43.00 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 $65.3K, with a price of $182.0 per contract. There were 178 open contracts at this strike prior to today, and today 1842 contract(s) were bought and sold.

• Regarding W W, we observe a put option sweep with bullish sentiment. It expires in 31 day(s) on May 19, 2023. Parties traded 682 contract(s) at a $30.00 strike. This particular put needed to be split into 47 different trades to become filled. The total cost received by the writing party (or parties) was $102.3K, with a price of $150.0 per contract. There were 29754 open contracts at this strike prior to today, and today 886 contract(s) were bought and sold.

• For BURL BURL, we notice a put option trade that happens to be neutral, expiring in 10 day(s) on April 28, 2023. This event was a transfer of 155 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $41.0K, with a price of $265.0 per contract. There were 46 open contracts at this strike prior to today, and today 768 contract(s) were bought and sold.

• Regarding RCL RCL, we observe a call option sweep with bearish sentiment. It expires in 31 day(s) on May 19, 2023. Parties traded 532 contract(s) at a $62.50 strike. This particular call needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $226.1K, with a price of $425.0 per contract. There were 312 open contracts at this strike prior to today, and today 553 contract(s) were bought and sold.

• For ABNB ABNB, we notice a put option sweep that happens to be bullish, expiring in 24 day(s) on May 12, 2023. This event was a transfer of 194 contract(s) at a $110.00 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 $53.5K, with a price of $276.0 per contract. There were 51 open contracts at this strike prior to today, and today 392 contract(s) were bought and sold.

• Regarding CZR CZR, we observe a put option trade with bullish sentiment. It expires in 3 day(s) on April 21, 2023. Parties traded 50 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $560.0 per contract. There were 2042 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.

• Regarding LEN LEN, we observe a call option sweep with neutral sentiment. It expires in 122 day(s) on August 18, 2023. Parties traded 92 contract(s) at a $115.00 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 $44.1K, with a price of $480.0 per contract. There were 2603 open contracts at this strike prior to today, and today 92 contract(s) were bought and sold.

• Regarding LOW LOW, we observe a call option sweep with bullish sentiment. It expires in 59 day(s) on June 16, 2023. Parties traded 59 contract(s) at a $210.00 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 $48.3K, with a price of $820.0 per contract. There were 2935 open contracts at this strike prior to today, and today 80 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.