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 trade that happens to be bullish, expiring in 3 day(s) on May 24, 2024. This event was a transfer of 150 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $69.0K, with a price of $460.0 per contract. There were 31237 open contracts at this strike prior to today, and today 143536 contract(s) were bought and sold.

• Regarding PDD PDD, we observe a put option sweep with bearish sentiment. It expires in 87 day(s) on August 16, 2024. Parties traded 84 contract(s) at a $140.00 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 $72.3K, with a price of $862.0 per contract. There were 4081 open contracts at this strike prior to today, and today 25356 contract(s) were bought and sold.

• For AMZN AMZN, we notice a call option trade that happens to be bearish, expiring in 31 day(s) on June 21, 2024. This event was a transfer of 633 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $63.3K, with a price of $100.0 per contract. There were 28141 open contracts at this strike prior to today, and today 6647 contract(s) were bought and sold.

• Regarding BABA BABA, we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on May 31, 2024. Parties traded 320 contract(s) at a $90.00 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 $27.2K, with a price of $85.0 per contract. There were 8980 open contracts at this strike prior to today, and today 3135 contract(s) were bought and sold.

• For VFS VFS, we notice a put option trade that happens to be bullish, expiring in 31 day(s) on June 21, 2024. This event was a transfer of 510 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $52.5K, with a price of $103.0 per contract. There were 4676 open contracts at this strike prior to today, and today 2973 contract(s) were bought and sold.

• Regarding LI LI, we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on May 31, 2024. Parties traded 319 contract(s) at a $21.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $25.8K, with a price of $81.0 per contract. There were 709 open contracts at this strike prior to today, and today 1343 contract(s) were bought and sold.

• For WSM WSM, we notice a put option sweep that happens to be bullish, expiring in 31 day(s) on June 21, 2024. This event was a transfer of 130 contract(s) at a $270.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $34.4K, with a price of $260.0 per contract. There were 408 open contracts at this strike prior to today, and today 875 contract(s) were bought and sold.

• For JD JD, we notice a call option trade that happens to be bullish, expiring in 122 day(s) on September 20, 2024. This event was a transfer of 100 contract(s) at a $32.50 strike. The total cost received by the writing party (or parties) was $42.6K, with a price of $427.0 per contract. There were 7681 open contracts at this strike prior to today, and today 634 contract(s) were bought and sold.

• Regarding GM GM, we observe a put option sweep with bullish sentiment. It expires in 122 day(s) on September 20, 2024. Parties traded 580 contract(s) at a $45.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $140.9K, with a price of $243.0 per contract. There were 5829 open contracts at this strike prior to today, and today 589 contract(s) were bought and sold.

• Regarding LOW LOW, we observe a put option trade with bearish sentiment. It expires in 3 day(s) on May 24, 2024. Parties traded 97 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $77.6K, with a price of $800.0 per contract. There were 1205 open contracts at this strike prior to today, and today 574 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.