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:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
TSLA PUT TRADE BEARISH 09/29/23 $260.00 $30.8K 3.6K 7.8K
NIO CALL SWEEP BEARISH 01/19/24 $15.00 $29.0K 71.6K 3.2K
RIVN CALL SWEEP BEARISH 10/06/23 $19.00 $42.0K 11 2.9K
LI CALL TRADE BEARISH 11/17/23 $40.00 $516.0K 93 2.0K
WW CALL SWEEP BULLISH 09/22/23 $12.00 $25.0K 21.8K 1.0K
LCID CALL SWEEP BEARISH 10/13/23 $5.50 $29.9K 215 1.0K
GM CALL SWEEP BULLISH 06/21/24 $37.00 $125.6K 3.3K 920
PTON CALL SWEEP BEARISH 12/15/23 $5.00 $48.4K 751 623
VFS CALL SWEEP BULLISH 10/20/23 $15.00 $30.0K 3.6K 595
ABNB CALL TRADE BEARISH 01/17/25 $180.00 $29.4K 2.8K 449

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding TSLA TSLA, we observe a put option trade with bearish sentiment. It expires in 10 day(s) on September 29, 2023. Parties traded 63 contract(s) at a $260.00 strike. The total cost received by the writing party (or parties) was $30.8K, with a price of $490.0 per contract. There were 3605 open contracts at this strike prior to today, and today 7856 contract(s) were bought and sold.

• Regarding NIO NIO, we observe a call option sweep with bearish sentiment. It expires in 122 day(s) on January 19, 2024. Parties traded 1000 contract(s) at a $15.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $29.0K, with a price of $29.0 per contract. There were 71693 open contracts at this strike prior to today, and today 3264 contract(s) were bought and sold.

• For RIVN RIVN, we notice a call option sweep that happens to be bearish, expiring in 17 day(s) on October 6, 2023. This event was a transfer of 100 contract(s) at a $19.00 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 $42.0K, with a price of $420.0 per contract. There were 11 open contracts at this strike prior to today, and today 2956 contract(s) were bought and sold.

• Regarding LI LI, we observe a call option trade with bearish sentiment. It expires in 59 day(s) on November 17, 2023. Parties traded 2000 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $516.0K, with a price of $258.0 per contract. There were 93 open contracts at this strike prior to today, and today 2092 contract(s) were bought and sold.

• For WW WW, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on September 22, 2023. This event was a transfer of 1000 contract(s) at a $12.00 strike. This particular call needed to be split into 32 different trades to become filled. The total cost received by the writing party (or parties) was $25.0K, with a price of $25.0 per contract. There were 21837 open contracts at this strike prior to today, and today 1042 contract(s) were bought and sold.

• For LCID LCID, we notice a call option sweep that happens to be bearish, expiring in 24 day(s) on October 13, 2023. This event was a transfer of 808 contract(s) at a $5.50 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $29.9K, with a price of $37.0 per contract. There were 215 open contracts at this strike prior to today, and today 1021 contract(s) were bought and sold.

• For GM GM, we notice a call option sweep that happens to be bullish, expiring in 276 day(s) on June 21, 2024. This event was a transfer of 399 contract(s) at a $37.00 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 $125.6K, with a price of $315.0 per contract. There were 3328 open contracts at this strike prior to today, and today 920 contract(s) were bought and sold.

• Regarding PTON PTON, we observe a call option sweep with bearish sentiment. It expires in 87 day(s) on December 15, 2023. Parties traded 613 contract(s) at a $5.00 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 $48.4K, with a price of $79.0 per contract. There were 751 open contracts at this strike prior to today, and today 623 contract(s) were bought and sold.

• For VFS VFS, we notice a call option sweep that happens to be bullish, expiring in 31 day(s) on October 20, 2023. This event was a transfer of 100 contract(s) at a $15.00 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 $30.0K, with a price of $300.0 per contract. There were 3602 open contracts at this strike prior to today, and today 595 contract(s) were bought and sold.

• Regarding ABNB ABNB, we observe a call option trade with bearish sentiment. It expires in 486 day(s) on January 17, 2025. Parties traded 17 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $29.4K, with a price of $1735.0 per contract. There were 2835 open contracts at this strike prior to today, and today 449 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.

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