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.

• For TSLA TSLA, we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on December 22, 2023. This event was a transfer of 2884 contract(s) at a $260.00 strike. This particular call needed to be split into 89 different trades to become filled. The total cost received by the writing party (or parties) was $520.5K, with a price of $178.0 per contract. There were 35706 open contracts at this strike prior to today, and today 124258 contract(s) were bought and sold.

• Regarding LEN LEN, we observe a call option sweep with bearish sentiment. It expires in 9 day(s) on December 29, 2023. Parties traded 206 contract(s) at a $150.00 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 $48.4K, with a price of $235.0 per contract. There were 943 open contracts at this strike prior to today, and today 1489 contract(s) were bought and sold.

• For CVNA CVNA, we notice a call option sweep that happens to be bullish, expiring in 23 day(s) on January 12, 2024. This event was a transfer of 150 contract(s) at a $40.00 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 $304.6K, with a price of $2032.0 per contract. There were 3159 open contracts at this strike prior to today, and today 1200 contract(s) were bought and sold.

• Regarding F F, we observe a call option trade with bearish sentiment. It expires in 394 day(s) on January 17, 2025. Parties traded 819 contract(s) at a $12.35 strike. The total cost received by the writing party (or parties) was $119.5K, with a price of $146.0 per contract. There were 37396 open contracts at this strike prior to today, and today 1074 contract(s) were bought and sold.

• For NKE NKE, we notice a put option sweep that happens to be bullish, expiring in 2 day(s) on December 22, 2023. This event was a transfer of 296 contract(s) at a $116.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $31.1K, with a price of $105.0 per contract. There were 797 open contracts at this strike prior to today, and today 440 contract(s) were bought and sold.

• Regarding SBUX SBUX, we observe a put option trade with bullish sentiment. It expires in 184 day(s) on June 21, 2024. Parties traded 72 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $38.1K, with a price of $530.0 per contract. There were 1848 open contracts at this strike prior to today, and today 397 contract(s) were bought and sold.

• Regarding ULTA ULTA, we observe a call option sweep with bearish sentiment. It expires in 30 day(s) on January 19, 2024. Parties traded 103 contract(s) at a $500.00 strike. This particular call needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $74.2K, with a price of $720.0 per contract. There were 918 open contracts at this strike prior to today, and today 254 contract(s) were bought and sold.

• For M M, we notice a put option sweep that happens to be neutral, expiring in 394 day(s) on January 17, 2025. This event was a transfer of 119 contract(s) at a $20.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $31.6K, with a price of $266.0 per contract. There were 1661 open contracts at this strike prior to today, and today 201 contract(s) were bought and sold.

• Regarding AEO AEO, we observe a call option sweep with bearish sentiment. It expires in 58 day(s) on February 16, 2024. Parties traded 200 contract(s) at a $17.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $80.0K, with a price of $400.0 per contract. There were 1116 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.

• Regarding TAL TAL, we observe a call option trade with bullish sentiment. It expires in 394 day(s) on January 17, 2025. Parties traded 160 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $25.9K, with a price of $162.0 per contract. There were 12624 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 about unusual options activity.

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