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10 Consumer Discretionary Stocks With Unusual Options Alerts In Today's Session

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This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming levels.

Here's the list of some unusual options activity happening in today's session:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
TSLA CALL SWEEP BULLISH 12/11/20 $700.00 $70.0K 24.6K 37.3K
NIO CALL SWEEP NEUTRAL 12/11/20 $45.00 $29.9K 8.9K 19.9K
GME PUT SWEEP BULLISH 12/18/20 $17.00 $216.6K 20.3K 17.4K
CHWY CALL SWEEP BEARISH 12/11/20 $80.00 $37.1K 6.2K 10.2K
DKNG CALL SWEEP BEARISH 12/18/20 $55.00 $26.1K 13.4K 8.6K
UA CALL SWEEP BEARISH 12/18/20 $15.00 $30.0K 28.4K 7.1K
FSR CALL TRADE BEARISH 12/18/20 $10.00 $611.0K 380 6.7K
LOW CALL SWEEP BEARISH 12/11/20 $160.00 $43.6K 3.4K 5.6K
EXPE CALL TRADE BEARISH 12/11/20 $130.00 $572.0K 1.2K 5.1K
PENN CALL SWEEP BULLISH 12/18/20 $80.00 $57.6K 10.7K 4.7K

Explanation

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

• Regarding TSLA (NASDAQ:TSLA), we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on December 11, 2020. A trader bought 206 contract(s) at a $700.00 strike. This particular call needed to be split into 31 different trades to become filled. The trader or institution spent $70.0K on this trade with a price of $340.0 per contract. There were 24680 open contracts at this strike prior to today, and today 37301 contract(s) were bought and sold.

• Regarding NIO (NYSE:NIO), we observe a call option sweep with neutral sentiment. It expires in 2 day(s) on December 11, 2020. A trader bought 215 contract(s) at a $45.00 strike. This particular call needed to be split into 13 different trades to become filled. The trader or institution spent $29.9K on this trade with a price of $139.0 per contract. There were 8975 open contracts at this strike prior to today, and today 19959 contract(s) were bought and sold.

• For GME (NYSE:GME), we notice a put option sweep that happens to be bullish, expiring in 9 day(s) on December 18, 2020. A trader bought 677 contract(s) at a $17.00 strike. This particular put needed to be split into 8 different trades to become filled. The trader or institution spent $216.6K on this trade with a price of $320.0 per contract. There were 20330 open contracts at this strike prior to today, and today 17456 contract(s) were bought and sold.

• For CHWY (NYSE:CHWY), we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on December 11, 2020. A trader bought 203 contract(s) at a $80.00 strike. This particular call needed to be split into 29 different trades to become filled. The trader or institution spent $37.1K on this trade with a price of $185.0 per contract. There were 6246 open contracts at this strike prior to today, and today 10206 contract(s) were bought and sold.

• For DKNG (NASDAQ:DKNG), we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on December 18, 2020. A trader bought 201 contract(s) at a $55.00 strike. This particular call needed to be split into 11 different trades to become filled. The trader or institution spent $26.1K on this trade with a price of $130.0 per contract. There were 13428 open contracts at this strike prior to today, and today 8650 contract(s) were bought and sold.

• For UA (NYSE:UA), we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on December 18, 2020. A trader bought 400 contract(s) at a $15.00 strike. This particular call needed to be split into 8 different trades to become filled. The trader or institution spent $30.0K on this trade with a price of $75.0 per contract. There were 28431 open contracts at this strike prior to today, and today 7199 contract(s) were bought and sold.

• For FSR (NYSE:FSR), we notice a call option trade that happens to be bearish, expiring in 9 day(s) on December 18, 2020. A trader bought 863 contract(s) at a $10.00 strike. The trader or institution spent $611.0K on this trade with a price of $708.0 per contract. There were 380 open contracts at this strike prior to today, and today 6742 contract(s) were bought and sold.

• Regarding LOW (NYSE:LOW), we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on December 11, 2020. A trader bought 200 contract(s) at a $160.00 strike. This particular call needed to be split into 3 different trades to become filled. The trader or institution spent $43.6K on this trade with a price of $218.0 per contract. There were 3439 open contracts at this strike prior to today, and today 5664 contract(s) were bought and sold.

• For EXPE (NASDAQ:EXPE), we notice a call option trade that happens to be bearish, expiring in 2 day(s) on December 11, 2020. A trader bought 1300 contract(s) at a $130.00 strike. The trader or institution spent $572.0K on this trade with a price of $440.0 per contract. There were 1205 open contracts at this strike prior to today, and today 5125 contract(s) were bought and sold.

• Regarding PENN (NASDAQ:PENN), we observe a call option sweep with bullish sentiment. It expires in 9 day(s) on December 18, 2020. A trader bought 200 contract(s) at a $80.00 strike. This particular call needed to be split into 3 different trades to become filled. The trader or institution spent $57.6K on this trade with a price of $288.0 per contract. There were 10788 open contracts at this strike prior to today, and today 4722 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.

 

Related Articles (CHWY + DKNG)

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Posted-In: Options

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