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 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.

• Regarding TSLA TSLA, we observe a put option sweep with bullish sentiment. It expires in 1 day(s) on August 25, 2023. Parties traded 179 contract(s) at a $230.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $35.8K, with a price of $200.0 per contract. There were 19014 open contracts at this strike prior to today, and today 98144 contract(s) were bought and sold.

• Regarding CVNA CVNA, we observe a call option trade with bullish sentiment. It expires in 57 day(s) on October 20, 2023. Parties traded 800 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $213.6K, with a price of $267.0 per contract. There were 1033 open contracts at this strike prior to today, and today 2455 contract(s) were bought and sold.

• Regarding NKE NKE, we observe a put option sweep with bearish sentiment. It expires in 148 day(s) on January 19, 2024. Parties traded 60 contract(s) at a $95.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $34.2K, with a price of $570.0 per contract. There were 4244 open contracts at this strike prior to today, and today 403 contract(s) were bought and sold.

• For RIVN RIVN, we notice a put option trade that happens to be bearish, expiring in 148 day(s) on January 19, 2024. This event was a transfer of 355 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $42.2K, with a price of $119.0 per contract. There were 15214 open contracts at this strike prior to today, and today 365 contract(s) were bought and sold.

• For BURL BURL, we notice a call option sweep that happens to be bullish, expiring in 22 day(s) on September 15, 2023. This event was a transfer of 205 contract(s) at a $170.00 strike. This particular call needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $29.7K, with a price of $145.0 per contract. There were 1193 open contracts at this strike prior to today, and today 228 contract(s) were bought and sold.

• For BKNG BKNG, we notice a call option trade that happens to be bullish, expiring in 57 day(s) on October 20, 2023. This event was a transfer of 41 contract(s) at a $2300.00 strike. The total cost received by the writing party (or parties) was $3.2 million, with a price of $79900.0 per contract. There were 1805 open contracts at this strike prior to today, and today 41 contract(s) were bought and sold.

• For LULU LULU, we notice a put option trade that happens to be bearish, expiring in 512 day(s) on January 17, 2025. This event was a transfer of 4 contract(s) at a $470.00 strike. The total cost received by the writing party (or parties) was $47.5K, with a price of $11875.0 per contract. There were 7 open contracts at this strike prior to today, and today 23 contract(s) were bought and sold.

• Regarding RH RH, we observe a put option trade with bearish sentiment. It expires in 8 day(s) on September 1, 2023. Parties traded 6 contract(s) at a $420.00 strike. The total cost received by the writing party (or parties) was $39.7K, with a price of $6630.0 per contract. There were 3 open contracts at this strike prior to today, and today 12 contract(s) were bought and sold.

• For W W, we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on August 25, 2023. This event was a transfer of 9 contract(s) at a $110.00 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 $39.1K, with a price of $4355.0 per contract. There were 0 open contracts at this strike prior to today, and today 9 contract(s) were bought and sold.

• Regarding MAR MAR, we observe a call option sweep with bearish sentiment. It expires in 85 day(s) on November 17, 2023. Parties traded 46 contract(s) at a $210.00 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 $35.8K, with a price of $780.0 per contract. There were 925 open contracts at this strike prior to today, and today 0 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.