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 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.

• Regarding TSLA TSLA, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on September 22, 2023. Parties traded 200 contract(s) at a $260.00 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 $61.0K, with a price of $305.0 per contract. There were 13617 open contracts at this strike prior to today, and today 165991 contract(s) were bought and sold.

• Regarding NIO NIO, we observe a put option sweep with bullish sentiment. It expires in 148 day(s) on February 16, 2024. Parties traded 571 contract(s) at a $8.00 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 $59.9K, with a price of $105.0 per contract. There were 18199 open contracts at this strike prior to today, and today 5707 contract(s) were bought and sold.

• For BROS BROS, we notice a put option trade that happens to be bullish, expiring in 120 day(s) on January 19, 2024. This event was a transfer of 2000 contract(s) at a $22.50 strike. The total cost received by the writing party (or parties) was $390.0K, with a price of $195.0 per contract. There were 270 open contracts at this strike prior to today, and today 2021 contract(s) were bought and sold.

• Regarding XPEV XPEV, we observe a call option sweep with bearish sentiment. It expires in 120 day(s) on January 19, 2024. Parties traded 89 contract(s) at a $15.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $27.1K, with a price of $305.0 per contract. There were 20261 open contracts at this strike prior to today, and today 1217 contract(s) were bought and sold.

• Regarding GM GM, we observe a put option sweep with bearish sentiment. It expires in 120 day(s) on January 19, 2024. Parties traded 147 contract(s) at a $33.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $32.7K, with a price of $223.0 per contract. There were 14704 open contracts at this strike prior to today, and today 676 contract(s) were bought and sold.

• Regarding CMG CMG, we observe a call option sweep with bearish sentiment. It expires in 29 day(s) on October 20, 2023. Parties traded 328 contract(s) at a $2100.00 strike. This particular call needed to be split into 122 different trades to become filled. The total cost received by the writing party (or parties) was $79.5K, with a price of $235.0 per contract. There were 346 open contracts at this strike prior to today, and today 452 contract(s) were bought and sold.

• Regarding MGM MGM, we observe a put option sweep with bullish sentiment. It expires in 57 day(s) on November 17, 2023. Parties traded 171 contract(s) at a $38.00 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 $35.2K, with a price of $206.0 per contract. There were 1091 open contracts at this strike prior to today, and today 254 contract(s) were bought and sold.

• Regarding AAP AAP, we observe a put option sweep with bullish sentiment. It expires in 484 day(s) on January 17, 2025. Parties traded 109 contract(s) at a $50.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $78.4K, with a price of $720.0 per contract. There were 405 open contracts at this strike prior to today, and today 249 contract(s) were bought and sold.

• For VFS VFS, we notice a put option sweep that happens to be bearish, expiring in 57 day(s) on November 17, 2023. This event was a transfer of 372 contract(s) at a $12.50 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $52.0K, with a price of $140.0 per contract. There were 300 open contracts at this strike prior to today, and today 101 contract(s) were bought and sold.

• Regarding CVNA CVNA, we observe a put option sweep with neutral sentiment. It expires in 239 day(s) on May 17, 2024. Parties traded 90 contract(s) at a $25.00 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 $42.7K, with a price of $475.0 per contract. There were 13 open contracts at this strike prior to today, and today 91 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.