6 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.

• Regarding TSLA TSLA, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on February 23, 2024. Parties traded 348 contract(s) at a $200.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $38.6K, with a price of $111.0 per contract. There were 66708 open contracts at this strike prior to today, and today 128448 contract(s) were bought and sold.

• Regarding AMZN AMZN, we observe a call option sweep with bullish sentiment. It expires in 24 day(s) on March 15, 2024. Parties traded 45 contract(s) at a $162.50 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 $31.2K, with a price of $695.0 per contract. There were 0 open contracts at this strike prior to today, and today 520 contract(s) were bought and sold.

• Regarding DASH DASH, we observe a call option trade with bearish sentiment. It expires in 10 day(s) on March 1, 2024. Parties traded 98 contract(s) at a $112.00 strike. The total cost received by the writing party (or parties) was $26.5K, with a price of $271.0 per contract. There were 130 open contracts at this strike prior to today, and today 293 contract(s) were bought and sold.

• For BABA BABA, we notice a put option sweep that happens to be bullish, expiring in 10 day(s) on March 1, 2024. This event was a transfer of 100 contract(s) at a $74.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $26.2K, with a price of $262.0 per contract. There were 842 open contracts at this strike prior to today, and today 120 contract(s) were bought and sold.

• For ABNB ABNB, we notice a put option trade that happens to be bullish, expiring in 150 day(s) on July 19, 2024. This event was a transfer of 43 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $146.8K, with a price of $3415.0 per contract. There were 3 open contracts at this strike prior to today, and today 45 contract(s) were bought and sold.

• Regarding HD HD, we observe a put option trade with bearish sentiment. It expires in 486 day(s) on June 20, 2025. Parties traded 16 contract(s) at a $350.00 strike. The total cost received by the writing party (or parties) was $44.7K, with a price of $2795.0 per contract. There were 95 open contracts at this strike prior to today, and today 34 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.