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:

Explanation

These itemized elaborations have been created using the accompanying table.

• For CVNA CVNA, we notice a call option sweep that happens to be bearish, expiring in 11 day(s) on December 15, 2023. This event was a transfer of 968 contract(s) at a $40.00 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 $427.1K, with a price of $440.0 per contract. There were 2594 open contracts at this strike prior to today, and today 10922 contract(s) were bought and sold.

• Regarding TSLA TSLA, we observe a call option sweep with bullish sentiment. It expires in 11 day(s) on December 15, 2023. Parties traded 75 contract(s) at a $235.00 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 $70.3K, with a price of $937.0 per contract. There were 8632 open contracts at this strike prior to today, and today 4511 contract(s) were bought and sold.

• Regarding AMZN AMZN, we observe a put option sweep with bearish sentiment. It expires in 11 day(s) on December 15, 2023. Parties traded 130 contract(s) at a $145.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $32.6K, with a price of $251.0 per contract. There were 11385 open contracts at this strike prior to today, and today 2767 contract(s) were bought and sold.

• For LCID LCID, we notice a call option trade that happens to be bullish, expiring in 410 day(s) on January 17, 2025. This event was a transfer of 1600 contract(s) at a $12.00 strike. The total cost received by the writing party (or parties) was $59.2K, with a price of $37.0 per contract. There were 3827 open contracts at this strike prior to today, and today 1602 contract(s) were bought and sold.

• Regarding DKNG DKNG, we observe a put option sweep with bearish sentiment. It expires in 11 day(s) on December 15, 2023. Parties traded 183 contract(s) at a $40.00 strike. This particular put needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $49.4K, with a price of $270.0 per contract. There were 503 open contracts at this strike prior to today, and today 442 contract(s) were bought and sold.

• Regarding DKS DKS, we observe a put option sweep with bullish sentiment. It expires in 102 day(s) on March 15, 2024. Parties traded 196 contract(s) at a $120.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $60.7K, with a price of $310.0 per contract. There were 277 open contracts at this strike prior to today, and today 438 contract(s) were bought and sold.

• Regarding NKE NKE, we observe a put option sweep with bullish sentiment. It expires in 102 day(s) on March 15, 2024. Parties traded 59 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 $49.5K, with a price of $840.0 per contract. There were 17 open contracts at this strike prior to today, and today 413 contract(s) were bought and sold.

• Regarding CHWY CHWY, we observe a call option sweep with bearish sentiment. It expires in 410 day(s) on January 17, 2025. Parties traded 208 contract(s) at a $30.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $56.7K, with a price of $273.0 per contract. There were 4767 open contracts at this strike prior to today, and today 293 contract(s) were bought and sold.

• Regarding AEO AEO, we observe a call option sweep with bearish sentiment. It expires in 410 day(s) on January 17, 2025. Parties traded 152 contract(s) at a $17.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $76.0K, with a price of $500.0 per contract. There were 430 open contracts at this strike prior to today, and today 179 contract(s) were bought and sold.

• For GM GM, we notice a call option trade that happens to be bullish, expiring in 410 day(s) on January 17, 2025. This event was a transfer of 50 contract(s) at a $33.00 strike. The total cost received by the writing party (or parties) was $26.7K, with a price of $535.0 per contract. There were 12875 open contracts at this strike prior to today, and today 160 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.