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.

Below are some instances of options activity happening in the Consumer Discretionary sector:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
TSLA CALL SWEEP BEARISH 07/28/23 $270.00 $31.2K 26.1K 129.6K
RIVN CALL TRADE NEUTRAL 08/18/23 $30.00 $54.4K 32.6K 5.5K
FTCH PUT TRADE BULLISH 01/19/24 $4.00 $185.0K 15.0K 5.0K
NKE CALL SWEEP BULLISH 01/19/24 $120.00 $27.7K 5.4K 1.4K
NCLH CALL SWEEP NEUTRAL 08/04/23 $20.00 $42.0K 521 423
DHI PUT SWEEP BEARISH 08/04/23 $126.00 $34.3K 26 286
FND PUT SWEEP BEARISH 08/18/23 $110.00 $64.0K 179 220
PHM PUT SWEEP BEARISH 08/18/23 $85.00 $29.4K 61 138
CMG PUT SWEEP BULLISH 08/04/23 $1925.00 $25.4K 12 40
HELE PUT SWEEP BULLISH 07/28/23 $139.00 $26.1K 272 11

Explanation

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

• For TSLA TSLA, we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on July 28, 2023. This event was a transfer of 429 contract(s) at a $270.00 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 $31.2K, with a price of $72.0 per contract. There were 26157 open contracts at this strike prior to today, and today 129679 contract(s) were bought and sold.

• Regarding RIVN RIVN, we observe a call option trade with neutral sentiment. It expires in 22 day(s) on August 18, 2023. Parties traded 400 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $54.4K, with a price of $136.0 per contract. There were 32692 open contracts at this strike prior to today, and today 5540 contract(s) were bought and sold.

• Regarding FTCH FTCH, we observe a put option trade with bullish sentiment. It expires in 176 day(s) on January 19, 2024. Parties traded 5000 contract(s) at a $4.00 strike. The total cost received by the writing party (or parties) was $185.0K, with a price of $37.0 per contract. There were 15006 open contracts at this strike prior to today, and today 5000 contract(s) were bought and sold.

• For NKE NKE, we notice a call option sweep that happens to be bullish, expiring in 176 day(s) on January 19, 2024. This event was a transfer of 63 contract(s) at a $120.00 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 $27.7K, with a price of $440.0 per contract. There were 5433 open contracts at this strike prior to today, and today 1465 contract(s) were bought and sold.

• Regarding NCLH NCLH, we observe a call option sweep with neutral sentiment. It expires in 8 day(s) on August 4, 2023. Parties traded 200 contract(s) at a $20.00 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 $42.0K, with a price of $210.0 per contract. There were 521 open contracts at this strike prior to today, and today 423 contract(s) were bought and sold.

• Regarding DHI DHI, we observe a put option sweep with bearish sentiment. It expires in 8 day(s) on August 4, 2023. Parties traded 286 contract(s) at a $126.00 strike. This particular put needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $34.3K, with a price of $120.0 per contract. There were 26 open contracts at this strike prior to today, and today 286 contract(s) were bought and sold.

• Regarding FND FND, we observe a put option sweep with bearish sentiment. It expires in 22 day(s) on August 18, 2023. Parties traded 200 contract(s) at a $110.00 strike. This particular put needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $64.0K, with a price of $320.0 per contract. There were 179 open contracts at this strike prior to today, and today 220 contract(s) were bought and sold.

• For PHM PHM, we notice a put option sweep that happens to be bearish, expiring in 22 day(s) on August 18, 2023. This event was a transfer of 137 contract(s) at a $85.00 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $29.4K, with a price of $215.0 per contract. There were 61 open contracts at this strike prior to today, and today 138 contract(s) were bought and sold.

• Regarding CMG CMG, we observe a put option sweep with bullish sentiment. It expires in 8 day(s) on August 4, 2023. Parties traded 8 contract(s) at a $1925.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $25.4K, with a price of $3180.0 per contract. There were 12 open contracts at this strike prior to today, and today 40 contract(s) were bought and sold.

• For HELE HELE, we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on July 28, 2023. This event was a transfer of 273 contract(s) at a $139.00 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 $26.1K, with a price of $100.0 per contract. There were 272 open contracts at this strike prior to today, and today 11 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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: OptionsBZI-AUOA
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!