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.

Here's the list of options activity happening in today's session:

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 bullish, expiring in 2 day(s) on December 1, 2023. This event was a transfer of 262 contract(s) at a $250.00 strike. This particular call needed to be split into 42 different trades to become filled. The total cost received by the writing party (or parties) was $104.8K, with a price of $405.0 per contract. There were 42295 open contracts at this strike prior to today, and today 113700 contract(s) were bought and sold.

• Regarding GME GME, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on December 1, 2023. Parties traded 275 contract(s) at a $16.50 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 $37.9K, with a price of $138.0 per contract. There were 751 open contracts at this strike prior to today, and today 7545 contract(s) were bought and sold.

• For GM GM, we notice a call option trade that happens to be bearish, expiring in 16 day(s) on December 15, 2023. This event was a transfer of 750 contract(s) at a $29.00 strike. The total cost received by the writing party (or parties) was $213.7K, with a price of $285.0 per contract. There were 25733 open contracts at this strike prior to today, and today 5535 contract(s) were bought and sold.

• Regarding BABA BABA, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on December 1, 2023. Parties traded 400 contract(s) at a $75.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $30.8K, with a price of $77.0 per contract. There were 1056 open contracts at this strike prior to today, and today 4858 contract(s) were bought and sold.

• For AEO AEO, we notice a put option sweep that happens to be bearish, expiring in 51 day(s) on January 19, 2024. This event was a transfer of 383 contract(s) at a $19.00 strike. This particular put needed to be split into 41 different trades to become filled. The total cost received by the writing party (or parties) was $44.0K, with a price of $115.0 per contract. There were 924 open contracts at this strike prior to today, and today 1338 contract(s) were bought and sold.

• Regarding AMZN AMZN, we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on December 1, 2023. Parties traded 100 contract(s) at a $150.00 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 $37.4K, with a price of $372.0 per contract. There were 5958 open contracts at this strike prior to today, and today 1053 contract(s) were bought and sold.

• Regarding DKS DKS, we observe a call option sweep with bearish sentiment. It expires in 16 day(s) on December 15, 2023. Parties traded 122 contract(s) at a $125.00 strike. This particular call needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $56.5K, with a price of $463.0 per contract. There were 1211 open contracts at this strike prior to today, and today 746 contract(s) were bought and sold.

• Regarding WHR WHR, we observe a call option sweep with bearish sentiment. It expires in 205 day(s) on June 21, 2024. Parties traded 33 contract(s) at a $115.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $27.0K, with a price of $820.0 per contract. There were 753 open contracts at this strike prior to today, and today 382 contract(s) were bought and sold.

• For ETSY ETSY, we notice a call option sweep that happens to be bearish, expiring in 751 day(s) on December 19, 2025. This event was a transfer of 144 contract(s) at a $100.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $244.8K, with a price of $1700.0 per contract. There were 56 open contracts at this strike prior to today, and today 300 contract(s) were bought and sold.

• For SBUX SBUX, we notice a call option sweep that happens to be bearish, expiring in 142 day(s) on April 19, 2024. This event was a transfer of 77 contract(s) at a $100.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $48.1K, with a price of $625.0 per contract. There were 1571 open contracts at this strike prior to today, and today 240 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.