10 Consumer Discretionary Stocks Whale Activity 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 itemized elaborations have been created using the accompanying table.

• For BABA BABA, we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on October 15, 2021. This event was a transfer of 250 contract(s) at a $165.00 strike. This particular call needed to be split into 39 different trades to become filled. The total cost received by the writing party (or parties) was $94.9K, with a price of $375.0 per contract. There were 17141 open contracts at this strike prior to today, and today 19970 contract(s) were bought and sold.

• For TSLA TSLA, we notice a put option trade that happens to be bullish, expiring in 2 day(s) on October 15, 2021. This event was a transfer of 1600 contract(s) at a $730.00 strike. The total cost received by the writing party (or parties) was $193.6K, with a price of $121.0 per contract. There were 16493 open contracts at this strike prior to today, and today 16398 contract(s) were bought and sold.

• For BLMN BLMN, we notice a call option sweep that happens to be bullish, expiring in 37 day(s) on November 19, 2021. This event was a transfer of 800 contract(s) at a $22.50 strike. This particular call needed to be split into 52 different trades to become filled. The total cost received by the writing party (or parties) was $136.0K, with a price of $170.0 per contract. There were 605 open contracts at this strike prior to today, and today 3833 contract(s) were bought and sold.

• Regarding NIO NIO, we observe a call option sweep with bearish sentiment. It expires in 37 day(s) on November 19, 2021. Parties traded 475 contract(s) at a $40.00 strike. This particular call needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $54.1K, with a price of $114.0 per contract. There were 49250 open contracts at this strike prior to today, and today 3539 contract(s) were bought and sold.

• For TGT TGT, we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on October 15, 2021. This event was a transfer of 422 contract(s) at a $235.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $43.3K, with a price of $104.0 per contract. There were 2059 open contracts at this strike prior to today, and today 3497 contract(s) were bought and sold.

• For DKNG DKNG, we notice a call option sweep that happens to be bearish, expiring in 37 day(s) on November 19, 2021. This event was a transfer of 234 contract(s) at a $55.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $35.4K, with a price of $151.0 per contract. There were 17665 open contracts at this strike prior to today, and today 2444 contract(s) were bought and sold.

• Regarding LCID LCID, we observe a call option sweep with bullish sentiment. It expires in 464 day(s) on January 20, 2023. Parties traded 302 contract(s) at a $30.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $193.2K, with a price of $640.0 per contract. There were 9591 open contracts at this strike prior to today, and today 1453 contract(s) were bought and sold.

• For NKE NKE, we notice a call option sweep that happens to be bearish, expiring in 37 day(s) on November 19, 2021. This event was a transfer of 1023 contract(s) at a $160.00 strike. This particular call needed to be split into 56 different trades to become filled. The total cost received by the writing party (or parties) was $221.0K, with a price of $216.0 per contract. There were 7883 open contracts at this strike prior to today, and today 1370 contract(s) were bought and sold.

• For GM GM, we notice a call option trade that happens to be bearish, expiring in 464 day(s) on January 20, 2023. This event was a transfer of 1200 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $207.6K, with a price of $173.0 per contract. There were 2586 open contracts at this strike prior to today, and today 1228 contract(s) were bought and sold.

• Regarding BBIG BBIG, we observe a call option sweep with bearish sentiment. It expires in 37 day(s) on November 19, 2021. Parties traded 800 contract(s) at a $11.00 strike. This particular call needed to be split into 40 different trades to become filled. The total cost received by the writing party (or parties) was $36.0K, with a price of $45.0 per contract. There were 728 open contracts at this strike prior to today, and today 1157 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.