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.

Here's the list of options activity happening in today's session:

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding TSLA TSLA, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on August 18, 2023. Parties traded 357 contract(s) at a $230.00 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 $110.6K, with a price of $310.0 per contract. There were 6053 open contracts at this strike prior to today, and today 60236 contract(s) were bought and sold.

• For CAVA CAVA, we notice a call option trade that happens to be bullish, expiring in 30 day(s) on September 15, 2023. This event was a transfer of 100 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $37.0K, with a price of $370.0 per contract. There were 134 open contracts at this strike prior to today, and today 2614 contract(s) were bought and sold.

• For CVNA CVNA, we notice a call option sweep that happens to be bullish, expiring in 30 day(s) on September 15, 2023. This event was a transfer of 100 contract(s) at a $45.00 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 $28.5K, with a price of $285.0 per contract. There were 2050 open contracts at this strike prior to today, and today 1486 contract(s) were bought and sold.

• For RIVN RIVN, we notice a put option sweep that happens to be bearish, expiring in 30 day(s) on September 15, 2023. This event was a transfer of 500 contract(s) at a $20.00 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 $56.0K, with a price of $112.0 per contract. There were 17366 open contracts at this strike prior to today, and today 1204 contract(s) were bought and sold.

• For CAL CAL, we notice a call option sweep that happens to be bearish, expiring in 93 day(s) on November 17, 2023. This event was a transfer of 179 contract(s) at a $27.50 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 $44.2K, with a price of $248.0 per contract. There were 25 open contracts at this strike prior to today, and today 579 contract(s) were bought and sold.

• For TPR TPR, we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on August 18, 2023. This event was a transfer of 500 contract(s) at a $36.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $90.0K, with a price of $180.0 per contract. There were 567 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.

• Regarding GPS GPS, we observe a call option sweep with bullish sentiment. It expires in 9 day(s) on August 25, 2023. Parties traded 438 contract(s) at a $9.50 strike. This particular call needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $51.6K, with a price of $118.0 per contract. There were 894 open contracts at this strike prior to today, and today 439 contract(s) were bought and sold.

• For ABNB ABNB, we notice a call option trade that happens to be bearish, expiring in 93 day(s) on November 17, 2023. This event was a transfer of 225 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $56.4K, with a price of $251.0 per contract. There were 202 open contracts at this strike prior to today, and today 244 contract(s) were bought and sold.

• For RH RH, we notice a put option sweep that happens to be bullish, expiring in 30 day(s) on September 15, 2023. This event was a transfer of 13 contract(s) at a $370.00 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 $26.7K, with a price of $2060.0 per contract. There were 749 open contracts at this strike prior to today, and today 85 contract(s) were bought and sold.

• For BKNG BKNG, we notice a put option sweep that happens to be bearish, expiring in 16 day(s) on September 1, 2023. This event was a transfer of 10 contract(s) at a $3170.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $49.5K, with a price of $4910.0 per contract. There were 3 open contracts at this strike prior to today, and today 74 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.