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.

Here's the list of options activity happening in today's session:

Explanation

These itemized elaborations have been created using the accompanying table.

• For TSLA TSLA, we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on March 1, 2024. This event was a transfer of 102 contract(s) at a $200.00 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 $25.0K, with a price of $246.0 per contract. There were 16298 open contracts at this strike prior to today, and today 83126 contract(s) were bought and sold.

• For AMZN AMZN, we notice a call option sweep that happens to be bullish, expiring in 15 day(s) on March 15, 2024. This event was a transfer of 100 contract(s) at a $175.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $34.8K, with a price of $348.0 per contract. There were 39141 open contracts at this strike prior to today, and today 7784 contract(s) were bought and sold.

• Regarding RIVN RIVN, we observe a put option trade with bullish sentiment. It expires in 323 day(s) on January 17, 2025. Parties traded 2000 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $508.0K, with a price of $254.0 per contract. There were 21591 open contracts at this strike prior to today, and today 2218 contract(s) were bought and sold.

• Regarding XPEV XPEV, we observe a put option sweep with bullish sentiment. It expires in 50 day(s) on April 19, 2024. Parties traded 200 contract(s) at a $10.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $146.0 per contract. There were 8713 open contracts at this strike prior to today, and today 1109 contract(s) were bought and sold.

• For LULU LULU, we notice a call option trade that happens to be bullish, expiring in 323 day(s) on January 17, 2025. This event was a transfer of 500 contract(s) at a $700.00 strike. The total cost received by the writing party (or parties) was $495.0K, with a price of $990.0 per contract. There were 129 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.

• Regarding ABNB ABNB, we observe a call option sweep with bearish sentiment. It expires in 113 day(s) on June 21, 2024. Parties traded 24 contract(s) at a $145.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $49.3K, with a price of $2055.0 per contract. There were 1716 open contracts at this strike prior to today, and today 88 contract(s) were bought and sold.

• Regarding BABA BABA, we observe a call option sweep with bullish sentiment. It expires in 659 day(s) on December 19, 2025. Parties traded 50 contract(s) at a $90.00 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 $63.5K, with a price of $1270.0 per contract. There were 2264 open contracts at this strike prior to today, and today 75 contract(s) were bought and sold.

• Regarding SBUX SBUX, we observe a call option trade with neutral sentiment. It expires in 204 day(s) on September 20, 2024. Parties traded 15 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $25.6K, with a price of $1712.0 per contract. There were 390 open contracts at this strike prior to today, and today 52 contract(s) were bought and sold.

• For PDD PDD, we notice a put option sweep that happens to be bearish, expiring in 477 day(s) on June 20, 2025. This event was a transfer of 47 contract(s) at a $120.00 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 $105.7K, with a price of $2250.0 per contract. There were 262 open contracts at this strike prior to today, and today 47 contract(s) were bought and sold.

• For CMG CMG, we notice a call option trade that happens to be neutral, expiring in 204 day(s) on September 20, 2024. This event was a transfer of 1 contract(s) at a $2650.00 strike. The total cost received by the writing party (or parties) was $26.8K, with a price of $26830.0 per contract. There were 14 open contracts at this strike prior to today, and today 44 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.