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 bullish, expiring in 2 day(s) on August 25, 2023. This event was a transfer of 241 contract(s) at a $235.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $125.4K, with a price of $525.0 per contract. There were 29239 open contracts at this strike prior to today, and today 72825 contract(s) were bought and sold.

• For FL FL, we notice a call option sweep that happens to be bearish, expiring in 58 day(s) on October 20, 2023. This event was a transfer of 481 contract(s) at a $17.50 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $40.9K, with a price of $85.0 per contract. There were 2 open contracts at this strike prior to today, and today 1391 contract(s) were bought and sold.

• For BURL BURL, we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on August 25, 2023. This event was a transfer of 100 contract(s) at a $160.00 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $65.0K, with a price of $650.0 per contract. There were 1841 open contracts at this strike prior to today, and today 759 contract(s) were bought and sold.

• For ULTA ULTA, we notice a call option trade that happens to be bearish, expiring in 149 day(s) on January 19, 2024. This event was a transfer of 700 contract(s) at a $540.00 strike. The total cost received by the writing party (or parties) was $573.9K, with a price of $820.0 per contract. There were 1000 open contracts at this strike prior to today, and today 724 contract(s) were bought and sold.

• Regarding CVNA CVNA, we observe a put option sweep with bullish sentiment. It expires in 9 day(s) on September 1, 2023. Parties traded 100 contract(s) at a $42.00 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 $35.5K, with a price of $355.0 per contract. There were 195 open contracts at this strike prior to today, and today 417 contract(s) were bought and sold.

• For MCD MCD, we notice a call option sweep that happens to be bearish, expiring in 23 day(s) on September 15, 2023. This event was a transfer of 22 contract(s) at a $230.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $117.5K, with a price of $5345.0 per contract. There were 198 open contracts at this strike prior to today, and today 131 contract(s) were bought and sold.

• Regarding CMG CMG, we observe a put option trade with neutral sentiment. It expires in 9 day(s) on September 1, 2023. Parties traded 1 contract(s) at a $2160.00 strike. The total cost received by the writing party (or parties) was $26.5K, with a price of $26587.0 per contract. There were 0 open contracts at this strike prior to today, and today 88 contract(s) were bought and sold.

• For RH RH, we notice a put option sweep that happens to be bullish, expiring in 149 day(s) on January 19, 2024. This event was a transfer of 82 contract(s) at a $240.00 strike. This particular put needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $49.2K, with a price of $600.0 per contract. There were 374 open contracts at this strike prior to today, and today 82 contract(s) were bought and sold.

• For SBUX SBUX, we notice a put option trade that happens to be bearish, expiring in 149 day(s) on January 19, 2024. This event was a transfer of 41 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $45.3K, with a price of $1105.0 per contract. There were 3656 open contracts at this strike prior to today, and today 52 contract(s) were bought and sold.

• Regarding LULU LULU, we observe a put option sweep with bullish sentiment. It expires in 149 day(s) on January 19, 2024. Parties traded 8 contract(s) at a $410.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $40.1K, with a price of $5015.0 per contract. There were 137 open contracts at this strike prior to today, and today 33 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.