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 itemized elaborations have been created using the accompanying table.

• Regarding TSLA TSLA, we observe a call option sweep with bullish sentiment. It expires in 8 day(s) on December 15, 2023. Parties traded 47 contract(s) at a $245.00 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 $25.3K, with a price of $540.0 per contract. There were 21175 open contracts at this strike prior to today, and today 20336 contract(s) were bought and sold.

• For NIO NIO, we notice a call option sweep that happens to be bearish, expiring in 71 day(s) on February 16, 2024. This event was a transfer of 1000 contract(s) at a $8.00 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 $65.0K, with a price of $65.0 per contract. There were 15938 open contracts at this strike prior to today, and today 6997 contract(s) were bought and sold.

• Regarding AMZN AMZN, we observe a call option trade with bullish sentiment. It expires in 43 day(s) on January 19, 2024. Parties traded 238 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $98.2K, with a price of $413.0 per contract. There were 62812 open contracts at this strike prior to today, and today 3102 contract(s) were bought and sold.

• Regarding LULU LULU, we observe a call option trade with neutral sentiment. It expires in 407 day(s) on January 17, 2025. Parties traded 250 contract(s) at a $480.00 strike. The total cost received by the writing party (or parties) was $1.8 million, with a price of $7265.0 per contract. There were 243 open contracts at this strike prior to today, and today 257 contract(s) were bought and sold.

• For MCD MCD, we notice a put option trade that happens to be bearish, expiring in 197 day(s) on June 21, 2024. This event was a transfer of 20 contract(s) at a $295.00 strike. The total cost received by the writing party (or parties) was $29.5K, with a price of $1475.0 per contract. There were 437 open contracts at this strike prior to today, and today 170 contract(s) were bought and sold.

• For WYNN WYNN, we notice a call option sweep that happens to be bullish, expiring in 43 day(s) on January 19, 2024. This event was a transfer of 100 contract(s) at a $85.00 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 $26.0K, with a price of $260.0 per contract. There were 5534 open contracts at this strike prior to today, and today 130 contract(s) were bought and sold.

• Regarding ZUMZ ZUMZ, we observe a put option sweep with bearish sentiment. It expires in 162 day(s) on May 17, 2024. Parties traded 105 contract(s) at a $20.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $255.0 per contract. There were 22 open contracts at this strike prior to today, and today 105 contract(s) were bought and sold.

• For LEN LEN, we notice a call option trade that happens to be bullish, expiring in 407 day(s) on January 17, 2025. This event was a transfer of 20 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $53.4K, with a price of $2670.0 per contract. There were 405 open contracts at this strike prior to today, and today 101 contract(s) were bought and sold.

• For ABNB ABNB, we notice a put option sweep that happens to be bearish, expiring in 407 day(s) on January 17, 2025. This event was a transfer of 33 contract(s) at a $130.00 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 $52.8K, with a price of $1605.0 per contract. There were 1733 open contracts at this strike prior to today, and today 43 contract(s) were bought and sold.

• Regarding BABA BABA, we observe a put option trade with bearish sentiment. It expires in 43 day(s) on January 19, 2024. Parties traded 28 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $80.2K, with a price of $2866.0 per contract. There were 16798 open contracts at this strike prior to today, and today 39 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.