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.

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.

• For TSLA TSLA, we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on June 23, 2023. This event was a transfer of 201 contract(s) at a $270.00 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 $50.6K, with a price of $251.0 per contract. There were 16032 open contracts at this strike prior to today, and today 128608 contract(s) were bought and sold.

• For LCID LCID, we notice a put option sweep that happens to be bearish, expiring in 576 day(s) on January 17, 2025. This event was a transfer of 110 contract(s) at a $10.00 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 $58.8K, with a price of $535.0 per contract. There were 5979 open contracts at this strike prior to today, and today 3120 contract(s) were bought and sold.

• For F F, we notice a put option trade that happens to be bearish, expiring in 2 day(s) on June 23, 2023. This event was a transfer of 1000 contract(s) at a $14.50 strike. The total cost received by the writing party (or parties) was $54.0K, with a price of $54.0 per contract. There were 2606 open contracts at this strike prior to today, and today 2965 contract(s) were bought and sold.

• Regarding RIVN RIVN, we observe a call option sweep with bearish sentiment. It expires in 16 day(s) on July 7, 2023. Parties traded 465 contract(s) at a $15.50 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $31.1K, with a price of $67.0 per contract. There were 3048 open contracts at this strike prior to today, and today 2943 contract(s) were bought and sold.

• For LI LI, we notice a call option sweep that happens to be bullish, expiring in 86 day(s) on September 15, 2023. This event was a transfer of 49 contract(s) at a $32.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $25.2K, with a price of $515.0 per contract. There were 1017 open contracts at this strike prior to today, and today 2412 contract(s) were bought and sold.

• For NIO NIO, we notice a call option trade that happens to be bearish, expiring in 576 day(s) on January 17, 2025. This event was a transfer of 93 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $26.9K, with a price of $290.0 per contract. There were 14743 open contracts at this strike prior to today, and today 1170 contract(s) were bought and sold.

• For EWCZ EWCZ, we notice a call option sweep that happens to be bearish, expiring in 121 day(s) on October 20, 2023. This event was a transfer of 515 contract(s) at a $17.50 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 $98.1K, with a price of $190.0 per contract. There were 0 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.

• For DKNG DKNG, we notice a call option sweep that happens to be bearish, expiring in 58 day(s) on August 18, 2023. This event was a transfer of 500 contract(s) at a $25.00 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 $109.0K, with a price of $218.0 per contract. There were 15183 open contracts at this strike prior to today, and today 832 contract(s) were bought and sold.

• Regarding CVNA CVNA, we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on June 23, 2023. Parties traded 55 contract(s) at a $30.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $36.2K, with a price of $660.0 per contract. There were 378 open contracts at this strike prior to today, and today 228 contract(s) were bought and sold.

• Regarding W W, we observe a call option sweep with bullish sentiment. It expires in 58 day(s) on August 18, 2023. Parties traded 98 contract(s) at a $65.00 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 $40.1K, with a price of $408.0 per contract. There were 833 open contracts at this strike prior to today, and today 104 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.