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.

Below are some instances of options activity happening in the Consumer Discretionary sector:

Explanation

These itemized elaborations have been created using the accompanying table.

• For TSLA TSLA, we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on August 4, 2023. This event was a transfer of 316 contract(s) at a $260.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $60.0K, with a price of $190.0 per contract. There were 18171 open contracts at this strike prior to today, and today 97921 contract(s) were bought and sold.

• Regarding CVNA CVNA, we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on August 4, 2023. Parties traded 150 contract(s) at a $50.00 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 $51.0K, with a price of $340.0 per contract. There were 8994 open contracts at this strike prior to today, and today 5865 contract(s) were bought and sold.

• For W W, we notice a call option trade that happens to be neutral, expiring in 169 day(s) on January 19, 2024. This event was a transfer of 100 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $128.1K, with a price of $1281.0 per contract. There were 2652 open contracts at this strike prior to today, and today 3370 contract(s) were bought and sold.

• Regarding F F, we observe a put option trade with bullish sentiment. It expires in 43 day(s) on September 15, 2023. Parties traded 1500 contract(s) at a $13.00 strike. The total cost received by the writing party (or parties) was $66.0K, with a price of $44.0 per contract. There were 36470 open contracts at this strike prior to today, and today 3246 contract(s) were bought and sold.

• For LI LI, we notice a call option trade that happens to be bearish, expiring in 1 day(s) on August 4, 2023. This event was a transfer of 1385 contract(s) at a $47.00 strike. The total cost received by the writing party (or parties) was $81.7K, with a price of $59.0 per contract. There were 328 open contracts at this strike prior to today, and today 1774 contract(s) were bought and sold.

• For NIO NIO, we notice a call option trade that happens to be bullish, expiring in 43 day(s) on September 15, 2023. This event was a transfer of 199 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $40.9K, with a price of $206.0 per contract. There were 7937 open contracts at this strike prior to today, and today 1652 contract(s) were bought and sold.

• Regarding DASH DASH, we observe a put option sweep with bullish sentiment. It expires in 43 day(s) on September 15, 2023. Parties traded 833 contract(s) at a $80.00 strike. This particular put needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $128.3K, with a price of $154.0 per contract. There were 1175 open contracts at this strike prior to today, and today 1197 contract(s) were bought and sold.

• Regarding CPRI CPRI, we observe a put option trade with bullish sentiment. It expires in 533 day(s) on January 17, 2025. Parties traded 1000 contract(s) at a $32.50 strike. The total cost received by the writing party (or parties) was $551.0K, with a price of $551.0 per contract. There were 15 open contracts at this strike prior to today, and today 1001 contract(s) were bought and sold.

• For XPEV XPEV, we notice a call option sweep that happens to be bearish, expiring in 15 day(s) on August 18, 2023. This event was a transfer of 180 contract(s) at a $19.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $36.5K, with a price of $203.0 per contract. There were 3951 open contracts at this strike prior to today, and today 964 contract(s) were bought and sold.

• Regarding EXPE EXPE, we observe a call option trade with bullish sentiment. It expires in 43 day(s) on September 15, 2023. Parties traded 70 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $37.0K, with a price of $529.0 per contract. There were 1 open contracts at this strike prior to today, and today 616 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.