10 Consumer Discretionary Stocks Whale Activity In Today's Session


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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:

SymbolPUT/CALLTrade TypeSentimentExp. DateStrike PriceTotal Trade PriceOpen InterestVolume
TSLACALLSWEEPBEARISH04/28/23$160.00$32.3K32.9K154.9K
LCIDCALLSWEEPBULLISH05/05/23$9.00$26.0K2.2K5.9K
CCLPUTTRADEBULLISH10/20/23$7.00$243.6K2.5K4.2K
FPUTTRADENEUTRAL12/15/23$17.00$163.5K6641.8K
GPSPUTSWEEPBEARISH06/16/23$10.00$44.8K6.1K1.2K
CMGCALLTRADEBULLISH05/19/23$2195.00$33.8K1.7K411
VFCPUTTRADEBULLISH06/16/23$25.00$27.9K6.4K351
DECKCALLSWEEPBEARISH06/16/23$490.00$31.6K28132
WYNNCALLSWEEPBULLISH09/15/23$110.00$29.1K84791
HDPUTSWEEPBULLISH05/19/23$292.50$26.6K1878

Explanation

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

• Regarding TSLA (NASDAQ:TSLA), we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on April 28, 2023. Parties traded 201 contract(s) at a $160.00 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 $32.3K, with a price of $161.0 per contract. There were 32915 open contracts at this strike prior to today, and today 154981 contract(s) were bought and sold.

• Regarding LCID (NASDAQ:LCID), we observe a call option sweep with bullish sentiment. It expires in 8 day(s) on May 5, 2023. Parties traded 1000 contract(s) at a $9.00 strike. This particular call needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $26.0K, with a price of $26.0 per contract. There were 2216 open contracts at this strike prior to today, and today 5978 contract(s) were bought and sold.

• Regarding CCL (NYSE:CCL), we observe a put option trade with bullish sentiment. It expires in 176 day(s) on October 20, 2023. Parties traded 4200 contract(s) at a $7.00 strike. The total cost received by the writing party (or parties) was $243.6K, with a price of $58.0 per contract. There were 2505 open contracts at this strike prior to today, and today 4200 contract(s) were bought and sold.

• Regarding F (NYSE:F), we observe a put option trade with neutral sentiment. It expires in 232 day(s) on December 15, 2023. Parties traded 300 contract(s) at a $17.00 strike. The total cost received by the writing party (or parties) was $163.5K, with a price of $545.0 per contract. There were 664 open contracts at this strike prior to today, and today 1805 contract(s) were bought and sold.

• For GPS (NYSE:GPS), we notice a put option sweep that happens to be bearish, expiring in 50 day(s) on June 16, 2023. This event was a transfer of 400 contract(s) at a $10.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $44.8K, with a price of $112.0 per contract. There were 6158 open contracts at this strike prior to today, and today 1203 contract(s) were bought and sold.

• For CMG (NYSE:CMG), we notice a call option trade that happens to be bullish, expiring in 22 day(s) on May 19, 2023. This event was a transfer of 47 contract(s) at a $2195.00 strike. The total cost received by the writing party (or parties) was $33.8K, with a price of $720.0 per contract. There were 1781 open contracts at this strike prior to today, and today 411 contract(s) were bought and sold.

• Regarding VFC (NYSE:VFC), we observe a put option trade with bullish sentiment. It expires in 50 day(s) on June 16, 2023. Parties traded 98 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $27.9K, with a price of $285.0 per contract. There were 6469 open contracts at this strike prior to today, and today 351 contract(s) were bought and sold.

• Regarding DECK (NYSE:DECK), we observe a call option sweep with bearish sentiment. It expires in 50 day(s) on June 16, 2023. Parties traded 16 contract(s) at a $490.00 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 $31.6K, with a price of $1980.0 per contract. There were 28 open contracts at this strike prior to today, and today 132 contract(s) were bought and sold.

• Regarding WYNN (NASDAQ:WYNN), we observe a call option sweep with bullish sentiment. It expires in 141 day(s) on September 15, 2023. Parties traded 26 contract(s) at a $110.00 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 $29.1K, with a price of $1120.0 per contract. There were 847 open contracts at this strike prior to today, and today 91 contract(s) were bought and sold.

• For HD (NYSE:HD), we notice a put option sweep that happens to be bullish, expiring in 22 day(s) on May 19, 2023. This event was a transfer of 34 contract(s) at a $292.50 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 $26.6K, with a price of $785.0 per contract. There were 18 open contracts at this strike prior to today, and today 78 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.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: OptionsBZI-AUOA