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 GT GT, we observe a call option sweep with bearish sentiment. It expires in 162 day(s) on October 20, 2023. Parties traded 200 contract(s) at a $12.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $58.0K, with a price of $290.0 per contract. There were 4209 open contracts at this strike prior to today, and today 2550 contract(s) were bought and sold.

• For HOG HOG, we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on May 12, 2023. This event was a transfer of 1239 contract(s) at a $35.00 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 $95.8K, with a price of $76.0 per contract. There were 3402 open contracts at this strike prior to today, and today 1330 contract(s) were bought and sold.

• Regarding FL FL, we observe a put option trade with bullish sentiment. It expires in 617 day(s) on January 17, 2025. Parties traded 1000 contract(s) at a $27.50 strike. The total cost received by the writing party (or parties) was $372.0K, with a price of $372.0 per contract. There were 136 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.

• For WYNN WYNN, we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on May 19, 2023. This event was a transfer of 66 contract(s) at a $105.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $25.1K, with a price of $380.0 per contract. There were 1572 open contracts at this strike prior to today, and today 743 contract(s) were bought and sold.

• Regarding ABNB ABNB, we observe a put option sweep with bearish sentiment. It expires in 71 day(s) on July 21, 2023. Parties traded 268 contract(s) at a $90.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $37.5K, with a price of $140.0 per contract. There were 2765 open contracts at this strike prior to today, and today 377 contract(s) were bought and sold.

• For TSLA TSLA, we notice a put option trade that happens to be bearish, expiring in 36 day(s) on June 16, 2023. This event was a transfer of 30 contract(s) at a $175.00 strike. The total cost received by the writing party (or parties) was $37.8K, with a price of $1260.0 per contract. There were 7366 open contracts at this strike prior to today, and today 285 contract(s) were bought and sold.

• For ULTA ULTA, we notice a call option trade that happens to be bullish, expiring in 15 day(s) on May 26, 2023. This event was a transfer of 119 contract(s) at a $525.00 strike. The total cost received by the writing party (or parties) was $124.9K, with a price of $1050.0 per contract. There were 48 open contracts at this strike prior to today, and today 139 contract(s) were bought and sold.

• Regarding LOW LOW, we observe a put option sweep with bullish sentiment. It expires in 617 day(s) on January 17, 2025. Parties traded 93 contract(s) at a $185.00 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $176.2K, with a price of $1895.0 per contract. There were 228 open contracts at this strike prior to today, and today 93 contract(s) were bought and sold.

• Regarding OSTK OSTK, we observe a call option trade with bearish sentiment. It expires in 617 day(s) on January 17, 2025. Parties traded 70 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $87.5K, with a price of $1251.0 per contract. There were 132 open contracts at this strike prior to today, and today 70 contract(s) were bought and sold.

• For RCL RCL, we notice a put option sweep that happens to be bearish, expiring in 617 day(s) on January 17, 2025. This event was a transfer of 15 contract(s) at a $85.00 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 $30.4K, with a price of $2030.0 per contract. There were 560 open contracts at this strike prior to today, and today 35 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.