10 Consumer Discretionary Stocks With Whale Alerts 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 bullet-by-bullet explanations have been constructed using the accompanying table.

• For TSLA TSLA, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on February 2, 2024. This event was a transfer of 109 contract(s) at a $190.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $32.0K, with a price of $294.0 per contract. There were 27669 open contracts at this strike prior to today, and today 118448 contract(s) were bought and sold.

• For BABA BABA, we notice a call option sweep that happens to be bearish, expiring in 11 day(s) on February 9, 2024. This event was a transfer of 500 contract(s) at a $80.00 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 $35.0K, with a price of $70.0 per contract. There were 5580 open contracts at this strike prior to today, and today 4764 contract(s) were bought and sold.

• For M M, we notice a call option sweep that happens to be bullish, expiring in 18 day(s) on February 16, 2024. This event was a transfer of 1005 contract(s) at a $16.00 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 $261.3K, with a price of $260.0 per contract. There were 22896 open contracts at this strike prior to today, and today 3983 contract(s) were bought and sold.

• Regarding GM GM, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on February 2, 2024. Parties traded 395 contract(s) at a $34.50 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $52.5K, with a price of $133.0 per contract. There were 188 open contracts at this strike prior to today, and today 3753 contract(s) were bought and sold.

• For LAZR LAZR, we notice a put option trade that happens to be neutral, expiring in 200 day(s) on August 16, 2024. This event was a transfer of 3000 contract(s) at a $6.00 strike. The total cost received by the writing party (or parties) was $1.0 million, with a price of $348.0 per contract. There were 30 open contracts at this strike prior to today, and today 3000 contract(s) were bought and sold.

• Regarding PDD PDD, we observe a call option trade with bearish sentiment. It expires in 4 day(s) on February 2, 2024. Parties traded 100 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $30.5K, with a price of $305.0 per contract. There were 678 open contracts at this strike prior to today, and today 1817 contract(s) were bought and sold.

• For BURL BURL, we notice a call option sweep that happens to be bearish, expiring in 18 day(s) on February 16, 2024. This event was a transfer of 47 contract(s) at a $200.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $26.3K, with a price of $560.0 per contract. There were 2319 open contracts at this strike prior to today, and today 1316 contract(s) were bought and sold.

• Regarding RIVN RIVN, we observe a put option trade with bullish sentiment. It expires in 690 day(s) on December 19, 2025. Parties traded 1213 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $293.5K, with a price of $242.0 per contract. There were 3009 open contracts at this strike prior to today, and today 1213 contract(s) were bought and sold.

• Regarding NKE NKE, we observe a call option trade with bearish sentiment. It expires in 326 day(s) on December 20, 2024. Parties traded 100 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $30.5K, with a price of $305.0 per contract. There were 812 open contracts at this strike prior to today, and today 1105 contract(s) were bought and sold.

• For LEG LEG, we notice a call option sweep that happens to be bullish, expiring in 235 day(s) on September 20, 2024. This event was a transfer of 710 contract(s) at a $25.00 strike. This particular call needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $120.7K, with a price of $170.0 per contract. There were 27 open contracts at this strike prior to today, and today 753 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.