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:

Explanation

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

• For TSLA TSLA, we notice a put option trade that happens to be bearish, expiring in 1 day(s) on October 13, 2023. This event was a transfer of 159 contract(s) at a $260.00 strike. The total cost received by the writing party (or parties) was $42.9K, with a price of $270.0 per contract. There were 20343 open contracts at this strike prior to today, and today 106933 contract(s) were bought and sold.

• For PHM PHM, we notice a call option trade that happens to be bearish, expiring in 8 day(s) on October 20, 2023. This event was a transfer of 46 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $31.2K, with a price of $680.0 per contract. There were 18322 open contracts at this strike prior to today, and today 2260 contract(s) were bought and sold.

• For W W, we notice a put option trade that happens to be bearish, expiring in 1 day(s) on October 13, 2023. This event was a transfer of 900 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $59.4K, with a price of $66.0 per contract. There were 600 open contracts at this strike prior to today, and today 1375 contract(s) were bought and sold.

• For F F, we notice a put option sweep that happens to be bearish, expiring in 253 day(s) on June 21, 2024. This event was a transfer of 650 contract(s) at a $9.35 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $41.0 per contract. There were 32951 open contracts at this strike prior to today, and today 739 contract(s) were bought and sold.

• For WYNN WYNN, we notice a call option sweep that happens to be bullish, expiring in 36 day(s) on November 17, 2023. This event was a transfer of 243 contract(s) at a $95.00 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 $94.7K, with a price of $390.0 per contract. There were 592 open contracts at this strike prior to today, and today 310 contract(s) were bought and sold.

• For DBI DBI, we notice a call option trade that happens to be bullish, expiring in 99 day(s) on January 19, 2024. This event was a transfer of 200 contract(s) at a $12.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $125.0 per contract. There were 2638 open contracts at this strike prior to today, and today 300 contract(s) were bought and sold.

• Regarding ABNB ABNB, we observe a put option sweep with bullish sentiment. It expires in 344 day(s) on September 20, 2024. Parties traded 48 contract(s) at a $135.00 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 $107.5K, with a price of $2242.0 per contract. There were 94 open contracts at this strike prior to today, and today 262 contract(s) were bought and sold.

• For DKNG DKNG, we notice a put option sweep that happens to be bearish, expiring in 463 day(s) on January 17, 2025. This event was a transfer of 56 contract(s) at a $30.00 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 $36.4K, with a price of $651.0 per contract. There were 1306 open contracts at this strike prior to today, and today 231 contract(s) were bought and sold.

• Regarding MCD MCD, we observe a put option trade with bearish sentiment. It expires in 463 day(s) on January 17, 2025. Parties traded 66 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $106.9K, with a price of $1620.0 per contract. There were 136 open contracts at this strike prior to today, and today 167 contract(s) were bought and sold.

• For ULTA ULTA, we notice a put option sweep that happens to be bullish, expiring in 64 day(s) on December 15, 2023. This event was a transfer of 20 contract(s) at a $395.00 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 $50.2K, with a price of $2510.0 per contract. There were 99 open contracts at this strike prior to today, and today 4 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.