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 bullet-by-bullet explanations have been constructed using the accompanying table.

• Regarding TSLA TSLA, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on March 15, 2024. Parties traded 119 contract(s) at a $180.00 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 $30.3K, with a price of $255.0 per contract. There were 31609 open contracts at this strike prior to today, and today 114090 contract(s) were bought and sold.

• Regarding CZR CZR, we observe a call option trade with bullish sentiment. It expires in 675 day(s) on January 16, 2026. Parties traded 41 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $685.0 per contract. There were 14306 open contracts at this strike prior to today, and today 3700 contract(s) were bought and sold.

• For VFC VFC, we notice a put option trade that happens to be neutral, expiring in 38 day(s) on April 19, 2024. This event was a transfer of 2000 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $136.0K, with a price of $68.0 per contract. There were 7519 open contracts at this strike prior to today, and today 3196 contract(s) were bought and sold.

• Regarding NIO NIO, we observe a call option sweep with bearish sentiment. It expires in 675 day(s) on January 16, 2026. Parties traded 448 contract(s) at a $20.00 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 $32.3K, with a price of $72.0 per contract. There were 20825 open contracts at this strike prior to today, and today 3020 contract(s) were bought and sold.

• For JD JD, we notice a put option sweep that happens to be bullish, expiring in 101 day(s) on June 21, 2024. This event was a transfer of 605 contract(s) at a $21.00 strike. This particular put needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $30.9K, with a price of $51.0 per contract. There were 6467 open contracts at this strike prior to today, and today 2309 contract(s) were bought and sold.

• Regarding EBAY EBAY, we observe a call option sweep with bearish sentiment. It expires in 38 day(s) on April 19, 2024. Parties traded 290 contract(s) at a $52.50 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 $29.0K, with a price of $100.0 per contract. There were 1871 open contracts at this strike prior to today, and today 1843 contract(s) were bought and sold.

• For WSM WSM, we notice a put option trade that happens to be bearish, expiring in 3 day(s) on March 15, 2024. This event was a transfer of 300 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $261.0K, with a price of $870.0 per contract. There were 266 open contracts at this strike prior to today, and today 1007 contract(s) were bought and sold.

• For ABNB ABNB, we notice a put option trade that happens to be bearish, expiring in 3 day(s) on March 15, 2024. This event was a transfer of 200 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $34.8K, with a price of $174.0 per contract. There were 895 open contracts at this strike prior to today, and today 904 contract(s) were bought and sold.

• For CAL CAL, we notice a put option sweep that happens to be bearish, expiring in 157 day(s) on August 16, 2024. This event was a transfer of 92 contract(s) at a $37.50 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $36.8K, with a price of $400.0 per contract. There were 175 open contracts at this strike prior to today, and today 194 contract(s) were bought and sold.

• Regarding BABA BABA, we observe a call option sweep with bullish sentiment. It expires in 311 day(s) on January 17, 2025. Parties traded 115 contract(s) at a $115.00 strike. This particular call needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $28.4K, with a price of $247.0 per contract. There were 28310 open contracts at this strike prior to today, and today 115 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 news on unusual options activity.

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