10 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 will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated 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 TSLA TSLA, we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on September 15, 2023. This event was a transfer of 100 contract(s) at a $275.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $31.4K, with a price of $314.0 per contract. There were 22347 open contracts at this strike prior to today, and today 101542 contract(s) were bought and sold.

• Regarding FFIE FFIE, we observe a put option trade with bearish sentiment. It expires in 492 day(s) on January 17, 2025. Parties traded 5500 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $1.4 million, with a price of $272.0 per contract. There were 242 open contracts at this strike prior to today, and today 7501 contract(s) were bought and sold.

• Regarding F F, we observe a put option sweep with bearish sentiment. It expires in 16 day(s) on September 29, 2023. Parties traded 2000 contract(s) at a $12.50 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $44.2K, with a price of $22.0 per contract. There were 12505 open contracts at this strike prior to today, and today 3283 contract(s) were bought and sold.

• For GM GM, we notice a call option sweep that happens to be bullish, expiring in 37 day(s) on October 20, 2023. This event was a transfer of 1007 contract(s) at a $34.00 strike. This particular call needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $136.0K, with a price of $135.0 per contract. There were 7134 open contracts at this strike prior to today, and today 1294 contract(s) were bought and sold.

• For MGM MGM, we notice a call option sweep that happens to be bearish, expiring in 93 day(s) on December 15, 2023. This event was a transfer of 250 contract(s) at a $40.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $100.0K, with a price of $400.0 per contract. There were 1026 open contracts at this strike prior to today, and today 501 contract(s) were bought and sold.

• Regarding CAVA CAVA, we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on September 15, 2023. Parties traded 435 contract(s) at a $37.00 strike. This particular put needed to be split into 258 different trades to become filled. The total cost received by the writing party (or parties) was $35.2K, with a price of $81.0 per contract. There were 1440 open contracts at this strike prior to today, and today 491 contract(s) were bought and sold.

• For ABNB ABNB, we notice a put option sweep that happens to be bearish, expiring in 37 day(s) on October 20, 2023. This event was a transfer of 100 contract(s) at a $140.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $34.5K, with a price of $345.0 per contract. There were 3847 open contracts at this strike prior to today, and today 355 contract(s) were bought and sold.

• Regarding CHWY CHWY, we observe a call option trade with bearish sentiment. It expires in 219 day(s) on April 19, 2024. Parties traded 278 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $35.0K, with a price of $126.0 per contract. There were 395 open contracts at this strike prior to today, and today 307 contract(s) were bought and sold.

• For TPX TPX, we notice a call option trade that happens to be bearish, expiring in 2 day(s) on September 15, 2023. This event was a transfer of 250 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $100.0 per contract. There were 4933 open contracts at this strike prior to today, and today 252 contract(s) were bought and sold.

• Regarding HBI HBI, we observe a put option sweep with bullish sentiment. It expires in 128 day(s) on January 19, 2024. Parties traded 110 contract(s) at a $10.00 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 $58.3K, with a price of $530.0 per contract. There were 87 open contracts at this strike prior to today, and today 110 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.