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.

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.

• Regarding TSLA TSLA, we observe a put option sweep with bullish sentiment. It expires in 9 day(s) on November 10, 2023. Parties traded 50 contract(s) at a $200.00 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 $30.2K, with a price of $605.0 per contract. There were 4302 open contracts at this strike prior to today, and today 11830 contract(s) were bought and sold.

• For LCID LCID, we notice a put option trade that happens to be bearish, expiring in 443 day(s) on January 17, 2025. This event was a transfer of 8800 contract(s) at a $3.00 strike. The total cost received by the writing party (or parties) was $695.2K, with a price of $79.0 per contract. There were 4848 open contracts at this strike prior to today, and today 9029 contract(s) were bought and sold.

• Regarding CZR CZR, we observe a call option trade with bullish sentiment. It expires in 135 day(s) on March 15, 2024. Parties traded 500 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $70.0K, with a price of $140.0 per contract. There were 95 open contracts at this strike prior to today, and today 3513 contract(s) were bought and sold.

• For TPX TPX, we notice a put option sweep that happens to be bearish, expiring in 79 day(s) on January 19, 2024. This event was a transfer of 1500 contract(s) at a $37.50 strike. This particular put needed to be split into 32 different trades to become filled. The total cost received by the writing party (or parties) was $292.6K, with a price of $195.0 per contract. There were 428 open contracts at this strike prior to today, and today 1501 contract(s) were bought and sold.

• Regarding ABNB ABNB, we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on November 3, 2023. Parties traded 500 contract(s) at a $105.00 strike. This particular put needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $45.5K, with a price of $91.0 per contract. There were 1411 open contracts at this strike prior to today, and today 1416 contract(s) were bought and sold.

• Regarding YUMC YUMC, we observe a put option trade with bullish sentiment. It expires in 79 day(s) on January 19, 2024. Parties traded 1300 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $1.5 million, with a price of $1230.0 per contract. There were 3117 open contracts at this strike prior to today, and today 1302 contract(s) were bought and sold.

• Regarding SBUX SBUX, we observe a put option sweep with neutral sentiment. It expires in 79 day(s) on January 19, 2024. Parties traded 72 contract(s) at a $92.50 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $35.3K, with a price of $490.0 per contract. There were 6002 open contracts at this strike prior to today, and today 507 contract(s) were bought and sold.

• For CHWY CHWY, we notice a put option sweep that happens to be bearish, expiring in 79 day(s) on January 19, 2024. This event was a transfer of 108 contract(s) at a $20.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $29.7K, with a price of $275.0 per contract. There were 7159 open contracts at this strike prior to today, and today 279 contract(s) were bought and sold.

• For CVNA CVNA, we notice a put option sweep that happens to be bullish, expiring in 44 day(s) on December 15, 2023. This event was a transfer of 131 contract(s) at a $22.50 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 $31.9K, with a price of $244.0 per contract. There were 242 open contracts at this strike prior to today, and today 180 contract(s) were bought and sold.

• Regarding DASH DASH, we observe a put option trade with bullish sentiment. It expires in 2 day(s) on November 3, 2023. Parties traded 2000 contract(s) at a $69.00 strike. The total cost received by the writing party (or parties) was $190.0K, with a price of $95.0 per contract. There were 920 open contracts at this strike prior to today, and today 154 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.