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 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 bullet-by-bullet explanations have been constructed using the accompanying table.

• Regarding TSLA TSLA, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on July 28, 2023. Parties traded 60 contract(s) at a $270.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $29.1K, with a price of $485.0 per contract. There were 14727 open contracts at this strike prior to today, and today 55656 contract(s) were bought and sold.

• Regarding RIVN RIVN, we observe a put option trade with bullish sentiment. It expires in 25 day(s) on August 18, 2023. Parties traded 200 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $37.4K, with a price of $187.0 per contract. There were 6139 open contracts at this strike prior to today, and today 4856 contract(s) were bought and sold.

• For GT GT, we notice a put option sweep that happens to be bearish, expiring in 25 day(s) on August 18, 2023. This event was a transfer of 4250 contract(s) at a $14.00 strike. This particular put needed to be split into 50 different trades to become filled. The total cost received by the writing party (or parties) was $106.2K, with a price of $25.0 per contract. There were 3842 open contracts at this strike prior to today, and today 4250 contract(s) were bought and sold.

• For GM GM, we notice a call option trade that happens to be bearish, expiring in 25 day(s) on August 18, 2023. This event was a transfer of 4080 contract(s) at a $31.00 strike. The total cost received by the writing party (or parties) was $3.4 million, with a price of $850.0 per contract. There were 721 open contracts at this strike prior to today, and today 4080 contract(s) were bought and sold.

• For DKNG DKNG, we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on July 28, 2023. This event was a transfer of 422 contract(s) at a $31.00 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 $36.3K, with a price of $86.0 per contract. There were 714 open contracts at this strike prior to today, and today 3432 contract(s) were bought and sold.

• Regarding RCL RCL, we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on July 28, 2023. Parties traded 120 contract(s) at a $101.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $33.0K, with a price of $275.0 per contract. There were 428 open contracts at this strike prior to today, and today 2643 contract(s) were bought and sold.

• Regarding AXL AXL, we observe a call option sweep with bullish sentiment. It expires in 88 day(s) on October 20, 2023. Parties traded 2500 contract(s) at a $10.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $162.7K, with a price of $65.0 per contract. There were 192 open contracts at this strike prior to today, and today 2582 contract(s) were bought and sold.

• Regarding CVNA CVNA, we observe a call option trade with bullish sentiment. It expires in 4 day(s) on July 28, 2023. Parties traded 200 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $50.0K, with a price of $250.0 per contract. There were 1367 open contracts at this strike prior to today, and today 2389 contract(s) were bought and sold.

• Regarding HD HD, we observe a put option sweep with bearish sentiment. It expires in 53 day(s) on September 15, 2023. Parties traded 201 contract(s) at a $290.00 strike. This particular put needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $35.4K, with a price of $176.0 per contract. There were 2573 open contracts at this strike prior to today, and today 596 contract(s) were bought and sold.

• For TJX TJX, we notice a call option trade that happens to be bearish, expiring in 88 day(s) on October 20, 2023. This event was a transfer of 329 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $136.5K, with a price of $415.0 per contract. There were 1294 open contracts at this strike prior to today, and today 390 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.