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 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 November 10, 2023. Parties traded 88 contract(s) at a $210.00 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 $25.7K, with a price of $293.0 per contract. There were 18367 open contracts at this strike prior to today, and today 104887 contract(s) were bought and sold.

• Regarding LCID LCID, we observe a put option sweep with bearish sentiment. It expires in 190 day(s) on May 17, 2024. Parties traded 2839 contract(s) at a $3.00 strike. This particular put needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $158.9K, with a price of $56.0 per contract. There were 76 open contracts at this strike prior to today, and today 4650 contract(s) were bought and sold.

• Regarding NKE NKE, we observe a put option sweep with bullish sentiment. It expires in 1 day(s) on November 10, 2023. Parties traded 601 contract(s) at a $107.00 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $30.5K, with a price of $50.0 per contract. There were 1198 open contracts at this strike prior to today, and today 1408 contract(s) were bought and sold.

• Regarding MGM MGM, we observe a put option trade with neutral sentiment. It expires in 435 day(s) on January 17, 2025. Parties traded 900 contract(s) at a $42.00 strike. The total cost received by the writing party (or parties) was $621.0K, with a price of $690.0 per contract. There were 1041 open contracts at this strike prior to today, and today 900 contract(s) were bought and sold.

• Regarding ABNB ABNB, we observe a put option sweep with bullish sentiment. It expires in 71 day(s) on January 19, 2024. Parties traded 55 contract(s) at a $120.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $42.6K, with a price of $775.0 per contract. There were 4942 open contracts at this strike prior to today, and today 897 contract(s) were bought and sold.

• For SBUX SBUX, we notice a call option sweep that happens to be bearish, expiring in 71 day(s) on January 19, 2024. This event was a transfer of 173 contract(s) at a $105.00 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 $44.9K, with a price of $260.0 per contract. There were 12504 open contracts at this strike prior to today, and today 748 contract(s) were bought and sold.

• Regarding RIVN RIVN, we observe a call option sweep with bullish sentiment. It expires in 225 day(s) on June 21, 2024. Parties traded 170 contract(s) at a $20.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $38.7K, with a price of $228.0 per contract. There were 4978 open contracts at this strike prior to today, and today 474 contract(s) were bought and sold.

• For F F, we notice a call option sweep that happens to be bearish, expiring in 435 day(s) on January 17, 2025. This event was a transfer of 200 contract(s) at a $10.00 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 $28.8K, with a price of $143.0 per contract. There were 7015 open contracts at this strike prior to today, and today 169 contract(s) were bought and sold.

• For BKNG BKNG, we notice a put option trade that happens to be neutral, expiring in 435 day(s) on January 17, 2025. This event was a transfer of 1 contract(s) at a $2950.00 strike. The total cost received by the writing party (or parties) was $26.9K, with a price of $26910.0 per contract. There were 12 open contracts at this strike prior to today, and today 8 contract(s) were bought and sold.

• Regarding W W, we observe a put option sweep with bearish sentiment. It expires in 162 day(s) on April 19, 2024. Parties traded 8 contract(s) at a $90.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $36.0K, with a price of $4510.0 per contract. There were 44 open contracts at this strike prior to today, and today 8 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.