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

• For AMZN AMZN, we notice a call option trade that happens to be bearish, expiring in 7 day(s) on May 17, 2024. This event was a transfer of 255 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $34.6K, with a price of $136.0 per contract. There were 39861 open contracts at this strike prior to today, and today 35211 contract(s) were bought and sold.

• Regarding TSLA TSLA, we observe a call option trade with bearish sentiment. It expires in 21 day(s) on May 31, 2024. Parties traded 80 contract(s) at a $175.00 strike. The total cost received by the writing party (or parties) was $32.0K, with a price of $400.0 per contract. There were 4252 open contracts at this strike prior to today, and today 3452 contract(s) were bought and sold.

• Regarding PDD PDD, we observe a call option sweep with bearish sentiment. It expires in 161 day(s) on October 18, 2024. Parties traded 30 contract(s) at a $150.00 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 $37.2K, with a price of $1240.0 per contract. There were 20891 open contracts at this strike prior to today, and today 1648 contract(s) were bought and sold.

• Regarding CAVA CAVA, we observe a call option sweep with bullish sentiment. It expires in 616 day(s) on January 16, 2026. Parties traded 20 contract(s) at a $75.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $53.2K, with a price of $2665.0 per contract. There were 140 open contracts at this strike prior to today, and today 691 contract(s) were bought and sold.

• For NKE NKE, we notice a put option sweep that happens to be bullish, expiring in 616 day(s) on January 16, 2026. This event was a transfer of 60 contract(s) at a $80.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $40.8K, with a price of $680.0 per contract. There were 2623 open contracts at this strike prior to today, and today 687 contract(s) were bought and sold.

• Regarding MAR MAR, we observe a call option trade with neutral sentiment. It expires in 7 day(s) on May 17, 2024. Parties traded 40 contract(s) at a $232.50 strike. The total cost received by the writing party (or parties) was $32.4K, with a price of $810.0 per contract. There were 118 open contracts at this strike prior to today, and today 627 contract(s) were bought and sold.

• For GM GM, we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on May 17, 2024. This event was a transfer of 961 contract(s) at a $45.50 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $35.6K, with a price of $37.0 per contract. There were 2234 open contracts at this strike prior to today, and today 593 contract(s) were bought and sold.

• Regarding BABA BABA, we observe a put option trade with bullish sentiment. It expires in 7 day(s) on May 17, 2024. Parties traded 100 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $61.4K, with a price of $614.0 per contract. There were 799 open contracts at this strike prior to today, and today 532 contract(s) were bought and sold.

• Regarding HD HD, we observe a call option sweep with bearish sentiment. It expires in 42 day(s) on June 21, 2024. Parties traded 34 contract(s) at a $350.00 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 $28.4K, with a price of $839.0 per contract. There were 1329 open contracts at this strike prior to today, and today 339 contract(s) were bought and sold.

• Regarding SBUX SBUX, we observe a put option sweep with bullish sentiment. It expires in 406 day(s) on June 20, 2025. Parties traded 275 contract(s) at a $65.00 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 $93.5K, with a price of $340.0 per contract. There were 1257 open contracts at this strike prior to today, and today 275 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.