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.

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.

• For TSLA TSLA, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on August 11, 2023. This event was a transfer of 100 contract(s) at a $247.50 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 $47.1K, with a price of $471.0 per contract. There were 661 open contracts at this strike prior to today, and today 41997 contract(s) were bought and sold.

• For CHWY CHWY, we notice a call option trade that happens to be bullish, expiring in 39 day(s) on September 15, 2023. This event was a transfer of 3600 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $1.4 million, with a price of $415.0 per contract. There were 75 open contracts at this strike prior to today, and today 3637 contract(s) were bought and sold.

• For PLNT PLNT, we notice a call option trade that happens to be bearish, expiring in 11 day(s) on August 18, 2023. This event was a transfer of 365 contract(s) at a $62.50 strike. The total cost received by the writing party (or parties) was $27.3K, with a price of $75.0 per contract. There were 113 open contracts at this strike prior to today, and today 2668 contract(s) were bought and sold.

• For RRR RRR, we notice a put option sweep that happens to be bearish, expiring in 11 day(s) on August 18, 2023. This event was a transfer of 437 contract(s) at a $45.00 strike. This particular put needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $32.7K, with a price of $75.0 per contract. There were 2211 open contracts at this strike prior to today, and today 449 contract(s) were bought and sold.

• For TOL TOL, we notice a put option sweep that happens to be bearish, expiring in 529 day(s) on January 17, 2025. This event was a transfer of 360 contract(s) at a $65.00 strike. This particular put needed to be split into 32 different trades to become filled. The total cost received by the writing party (or parties) was $201.5K, with a price of $560.0 per contract. There were 272 open contracts at this strike prior to today, and today 360 contract(s) were bought and sold.

• For RIVN RIVN, we notice a call option trade that happens to be bullish, expiring in 865 day(s) on December 19, 2025. This event was a transfer of 120 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $113.6K, with a price of $947.0 per contract. There were 2590 open contracts at this strike prior to today, and today 342 contract(s) were bought and sold.

• Regarding LI LI, we observe a call option sweep with bearish sentiment. It expires in 39 day(s) on September 15, 2023. Parties traded 97 contract(s) at a $45.00 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 $44.6K, with a price of $460.0 per contract. There were 2284 open contracts at this strike prior to today, and today 244 contract(s) were bought and sold.

• Regarding MBLY MBLY, we observe a put option trade with bearish sentiment. It expires in 39 day(s) on September 15, 2023. Parties traded 100 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $300.0 per contract. There were 949 open contracts at this strike prior to today, and today 111 contract(s) were bought and sold.

• Regarding AAP AAP, we observe a call option sweep with bullish sentiment. It expires in 165 day(s) on January 19, 2024. Parties traded 29 contract(s) at a $70.00 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 $29.0K, with a price of $1000.0 per contract. There were 814 open contracts at this strike prior to today, and today 61 contract(s) were bought and sold.

• Regarding SKX SKX, we observe a call option sweep with bearish sentiment. It expires in 11 day(s) on August 18, 2023. Parties traded 45 contract(s) at a $45.00 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 $40.0K, with a price of $890.0 per contract. There were 111 open contracts at this strike prior to today, and today 48 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.