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 often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming 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 put option sweep with bearish sentiment. It expires in 3 day(s) on December 15, 2023. Parties traded 190 contract(s) at a $235.00 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 $90.2K, with a price of $475.0 per contract. There were 16705 open contracts at this strike prior to today, and today 48778 contract(s) were bought and sold.

• For BABA BABA, we notice a call option trade that happens to be bearish, expiring in 38 day(s) on January 19, 2024. This event was a transfer of 600 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $81.0K, with a price of $135.0 per contract. There were 38075 open contracts at this strike prior to today, and today 4996 contract(s) were bought and sold.

• Regarding AMZN AMZN, we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on December 22, 2023. Parties traded 100 contract(s) at a $146.00 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 $27.5K, with a price of $275.0 per contract. There were 2995 open contracts at this strike prior to today, and today 4235 contract(s) were bought and sold.

• For M M, we notice a put option sweep that happens to be bearish, expiring in 157 day(s) on May 17, 2024. This event was a transfer of 350 contract(s) at a $17.00 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 $26.6K, with a price of $77.0 per contract. There were 5393 open contracts at this strike prior to today, and today 3351 contract(s) were bought and sold.

• For LVS LVS, we notice a call option sweep that happens to be bullish, expiring in 94 day(s) on March 15, 2024. This event was a transfer of 956 contract(s) at a $45.00 strike. This particular call needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $454.1K, with a price of $475.0 per contract. There were 6165 open contracts at this strike prior to today, and today 1267 contract(s) were bought and sold.

• For LI LI, we notice a put option trade that happens to be bearish, expiring in 66 day(s) on February 16, 2024. This event was a transfer of 1200 contract(s) at a $32.00 strike. The total cost received by the writing party (or parties) was $183.6K, with a price of $153.0 per contract. There were 22 open contracts at this strike prior to today, and today 1201 contract(s) were bought and sold.

• For ABNB ABNB, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on December 15, 2023. This event was a transfer of 302 contract(s) at a $140.00 strike. This particular call needed to be split into 45 different trades to become filled. The total cost received by the writing party (or parties) was $61.9K, with a price of $205.0 per contract. There were 3635 open contracts at this strike prior to today, and today 847 contract(s) were bought and sold.

• Regarding RIVN RIVN, we observe a call option sweep with bullish sentiment. It expires in 38 day(s) on January 19, 2024. Parties traded 200 contract(s) at a $15.00 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 $67.0K, with a price of $335.0 per contract. There were 21166 open contracts at this strike prior to today, and today 287 contract(s) were bought and sold.

• Regarding WYNN WYNN, we observe a call option trade with bearish sentiment. It expires in 94 day(s) on March 15, 2024. Parties traded 200 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $30.2K, with a price of $151.0 per contract. There were 2499 open contracts at this strike prior to today, and today 206 contract(s) were bought and sold.

• For PLNT PLNT, we notice a put option sweep that happens to be bearish, expiring in 38 day(s) on January 19, 2024. This event was a transfer of 89 contract(s) at a $72.50 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 $30.2K, with a price of $340.0 per contract. There were 5 open contracts at this strike prior to today, and today 113 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 about unusual options activity.

This article was generated by Benzinga's automated content engine and reviewed by an editor.