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 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:

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding TSLA TSLA, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on October 13, 2023. Parties traded 321 contract(s) at a $270.00 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 $70.3K, with a price of $219.0 per contract. There were 32331 open contracts at this strike prior to today, and today 98537 contract(s) were bought and sold.

• For RIVN RIVN, we notice a call option trade that happens to be bearish, expiring in 157 day(s) on March 15, 2024. This event was a transfer of 112 contract(s) at a $22.50 strike. The total cost received by the writing party (or parties) was $30.2K, with a price of $270.0 per contract. There were 2518 open contracts at this strike prior to today, and today 3939 contract(s) were bought and sold.

• Regarding CAVA CAVA, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on October 13, 2023. Parties traded 541 contract(s) at a $31.00 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 $81.1K, with a price of $150.0 per contract. There were 45 open contracts at this strike prior to today, and today 1236 contract(s) were bought and sold.

• Regarding NKE NKE, we observe a call option trade with bullish sentiment. It expires in 101 day(s) on January 19, 2024. Parties traded 100 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $49.5K, with a price of $495.0 per contract. There were 5000 open contracts at this strike prior to today, and today 987 contract(s) were bought and sold.

• For GM GM, we notice a put option sweep that happens to be neutral, expiring in 465 day(s) on January 17, 2025. This event was a transfer of 468 contract(s) at a $35.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $297.1K, with a price of $635.0 per contract. There were 13285 open contracts at this strike prior to today, and today 817 contract(s) were bought and sold.

• Regarding MGM MGM, we observe a put option sweep with bearish sentiment. It expires in 38 day(s) on November 17, 2023. Parties traded 290 contract(s) at a $36.00 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 $37.7K, with a price of $130.0 per contract. There were 2175 open contracts at this strike prior to today, and today 813 contract(s) were bought and sold.

• For CPRI CPRI, we notice a put option sweep that happens to be bearish, expiring in 101 day(s) on January 19, 2024. This event was a transfer of 168 contract(s) at a $52.50 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 $37.8K, with a price of $225.0 per contract. There were 9596 open contracts at this strike prior to today, and today 512 contract(s) were bought and sold.

• For ANF ANF, we notice a call option sweep that happens to be bullish, expiring in 17 day(s) on October 27, 2023. This event was a transfer of 451 contract(s) at a $63.00 strike. This particular call needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $40.5K, with a price of $90.0 per contract. There were 5 open contracts at this strike prior to today, and today 451 contract(s) were bought and sold.

• For CROX CROX, we notice a put option sweep that happens to be bullish, expiring in 17 day(s) on October 27, 2023. This event was a transfer of 248 contract(s) at a $82.00 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 $38.4K, with a price of $155.0 per contract. There were 544 open contracts at this strike prior to today, and today 338 contract(s) were bought and sold.

• Regarding ABNB ABNB, we observe a put option sweep with bearish sentiment. It expires in 465 day(s) on January 17, 2025. Parties traded 221 contract(s) at a $80.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $107.1K, with a price of $485.0 per contract. There were 508 open contracts at this strike prior to today, and today 249 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.