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 AMZN AMZN, we notice a call option sweep that happens to be bearish, expiring in 31 day(s) on February 16, 2024. This event was a transfer of 150 contract(s) at a $155.00 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 $79.5K, with a price of $530.0 per contract. There were 49963 open contracts at this strike prior to today, and today 2571 contract(s) were bought and sold.

• For HD HD, we notice a put option sweep that happens to be bearish, expiring in 10 day(s) on January 26, 2024. This event was a transfer of 300 contract(s) at a $357.50 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 $120.0K, with a price of $400.0 per contract. There were 4 open contracts at this strike prior to today, and today 619 contract(s) were bought and sold.

• Regarding BBW BBW, we observe a put option sweep with bullish sentiment. It expires in 31 day(s) on February 16, 2024. Parties traded 447 contract(s) at a $22.50 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $56.0K, with a price of $125.0 per contract. There were 185 open contracts at this strike prior to today, and today 448 contract(s) were bought and sold.

• For BABA BABA, we notice a call option trade that happens to be bearish, expiring in 185 day(s) on July 19, 2024. This event was a transfer of 300 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $36.0K, with a price of $120.0 per contract. There were 1516 open contracts at this strike prior to today, and today 428 contract(s) were bought and sold.

• Regarding LRN LRN, we observe a put option sweep with bullish sentiment. It expires in 157 day(s) on June 21, 2024. Parties traded 332 contract(s) at a $55.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $132.8K, with a price of $400.0 per contract. There were 13 open contracts at this strike prior to today, and today 332 contract(s) were bought and sold.

• Regarding GPS GPS, we observe a put option sweep with bullish sentiment. It expires in 59 day(s) on March 15, 2024. Parties traded 236 contract(s) at a $20.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $39.8K, with a price of $169.0 per contract. There were 4475 open contracts at this strike prior to today, and today 302 contract(s) were bought and sold.

• Regarding WW WW, we observe a put option sweep with bearish sentiment. It expires in 185 day(s) on July 19, 2024. Parties traded 200 contract(s) at a $5.00 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 $29.8K, with a price of $150.0 per contract. There were 678 open contracts at this strike prior to today, and today 203 contract(s) were bought and sold.

• For SBUX SBUX, we notice a call option trade that happens to be bullish, expiring in 248 day(s) on September 20, 2024. This event was a transfer of 40 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $63.4K, with a price of $1585.0 per contract. There were 250 open contracts at this strike prior to today, and today 168 contract(s) were bought and sold.

• Regarding HLT HLT, we observe a put option sweep with bullish sentiment. It expires in 367 day(s) on January 17, 2025. Parties traded 63 contract(s) at a $180.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $86.1K, with a price of $1360.0 per contract. There were 114 open contracts at this strike prior to today, and today 162 contract(s) were bought and sold.

• Regarding LULU LULU, we observe a put option sweep with bearish sentiment. It expires in 59 day(s) on March 15, 2024. Parties traded 24 contract(s) at a $480.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $49.8K, with a price of $2075.0 per contract. There were 359 open contracts at this strike prior to today, and today 154 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.