Wheat (W)

Wayfair (NYSE:W) Stock, Quote.Headers.trade-ideas

Wayfair

Wayfair engages in e-commerce in the United States (87% of 2023 sales), Canada, the United Kingdom, Germany, and Ireland. It's recently embarked on expansion into the brick-and-mortar landscape, with a handful of stores between the AllModern, Birch Lane, Joss & Main, and Wayfair banners. At the end of 2023, the firm offered more than 30 million products from more than 20,000 suppliers under the brands Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold. Its offerings include furniture, everyday and seasonal decor, decorative accents, housewares, and other home goods. Wayfair was founded in 2002 and began trading publicly in 2014.

man-2425121

News

Wayfair shares are trading higher by 6.7% during Friday&#39;s session. Several furniture and home goods stocks are up, possibly in sympathy with RH&#39;s Q2 results.

Why Wayfair Stock Is Trading Higher Friday

After-Hours Center

Movers

Wayfair and Williams-Sonoma shares are trading higher in Thursday&#39;s after-hours session after RH reported better-than-expected quarterly results. Here&#39;s what to know.

Wayfair, Williams-Sonoma Stocks Rise After RH Reports Strong Q2 Results

home-repair-ai

Homeowners are delaying renovations due to high interest rates, affecting companies like Home Depot, Wayfair, and LL Flooring. Interest rate cuts could bring relief.

Home Depot CEO Says &#39;Inflation Keeps Eating Away At Disposable Income&#39;: Are Home Repairs Being Put Off Due To The Economy?

Wayfair Inc

Westinghouse Air Brake Technologies Corporation Common Stock

Westinghouse Air Brake Technologies Corp

Westamerica Bancorporation - Common Stock

Westamerica Bancorp

Western Asset Bond ETF

Wabi

WestAmerica Corp

WACOAL HOLDINGS CORP NEW by Wacoal Holdings Corp.

Wacoal Holdings Corp

WACOAL HLDGS SP/ADR by Wacoal Holdings Corp.

Wacom Co Ltd

WaFd Inc

Wah Fu Education Group Limited - Ordinary Shares

Wah Fu Education Group Ltd

WagyuSwap

Wake Forest Bancshares, Inc. Com

WAI KEE HLDG LTD by Wai Kee Holding Ltd.

Western Alliance Bancorporation Common Stock (DE)

Western Alliance Bancorp

Waldencast PLC

MegaWatt Lithium and Battery Metals Corp Ordinary Shares

MEGAWATT LITHM&BATT MTLS by MEGAWATT LITHIUM & BATTERY METALS CORP.

MegaWatt Lithium and Battery Metals Corp

Western Alliance Bancorporation Depositary Shares, Each Representing a 1/400th Interest in a Share of 4.250% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A

WESTERN ALASKA MNRLS CORP by WESTERN ALASKA MINERALS CORP

Western Alaska Minerals Corp

Wanchain - United States Dollar

SEVEN WEST MEDIA UNSP/ADR by Seven West Media Ltd.

Seven West Media Ltd

WAN LEADER INTL LTD by WAN LEADER INTL LTD.

Wan Leader International Ltd

Cirata PLC

Direxion Daily Consumer Discretionary Bull 3X Shares

WIDE OPEN AGRICULTURE LTD by WIDE OPEN AGRICULTURE LTD.

Wide Open Agriculture Ltd

WA1 Resources Ltd

Waraba Gold Ltd

WINGARC1ST INC by WINGARC1ST INC.

WHARF HLDG LTD ORD by Wharf Holdings Ltd.

The Wharf (Holdings) Ltd

WHARF HLDG LTD UNSP ADR by Wharf Holdings Ltd.

Kirkland Lake Discoveries Corp

COOL TECHNOLOGIES INC by Cool Technologies, Inc.

Cool Technologies Inc

Washington Trust Bancorp, Inc. - Common Stock

Washington Trust Bancorp Inc

Waters Corp

AMD MSCI WTR ESG ETF

Energous Corp

AMND MSCI WTR D ETF

Eco Wave Power Global AB (publ) - American Depositary Shares

Eco Wave Power Global AB

Waves - United States Dollar

Waves - TrueUSD

Western Acquisition Ventures Corp. - Common Stock

Western Acquisition Ventures Corp

Western Acquisition Ventures Corp. - Unit

Western Acquisition Ventures Corp. - Warrant

WALLENIUS WILHELMSEN ASA by Wallenius Wilhelmsen ASA

Wallenius Wilhelmsen ASA

WAX - United States Dollar

World Access Inc

Waystar Holding Corp

Wayne Savings Bancshares Inc Com

Wave Sync Corp

Weibo Corporation - American Depositary Shares

Weibo Corp

HSBC BANK 29/04/25 WNT

Walgreens Boots Alliance, Inc. - Common Stock

Walgreens Boots Alliance Inc

WisdomTree Trust WisdomTree Battery Value Chain and Innovation Fund

WB BURGERS ASIA INC by WB Burgers Asia Inc.

WB Burgers Asia Inc

WESTBURY BANCORP INC by Westbury Bancorp, Inc.

Westbury Bancorp Inc

Warner Bros. Discovery, Inc. - Series A Common Stock

Warner Bros. Discovery Inc

WeBuild SpA

Wynn Interactive, Ltd

Wrapped Beacon ETH - United States Dollar

Winc Inc

WILSON BK HLDG CO by Wilson Bank Holding Company

Wilson Bank Holding Co

WBI BullBear Value 3000 ETF

WBI BullBear Yield 3000 ETF

WBI BullBear Quality 3000 ETF

WBI Power Factor High Dividend ETF

WISDOMTREE BLOCKCHAIN UCITS USD ETF

Wrapped BNB

Western Asset Total Return ETF

WESTBOUND ENTERPRISES CRP by Westbond Enterprises Corp.

WestBond Enterprises Corp

Woodbridge Liquidation Trust

WIENERBERGER BAUSTOFF AG by Wienerberger Baustoffindustrie AG

Wienerberger AG

WIENERBERGER BSTOFF S/ADR by Wienerberger Baustoffindustrie AG

WILD BRUSH ENERGY INC by Wild Brush Energy, Inc.

Wild Brush Energy Inc

Webster Financial Corporation Common Stock

Webster Financial Corp

WEBSTAR TECHNOLOGY GROUP by Webstar Technology Group Inc.

Webstar Technology Group Inc

Webster Financial Corporation Depositary Shares, Each Representing 1/1,000th Interest in a Share of 5.25% Series F Non-Cumulative Perpetual Preferred Stock

Webster Financial Corporation Depositary Shares, each representing a 1/40th interest in a share of 6.50% Series G non-cumulative perpetual preferred stock

Wrapped Bitcoin

Westbrook Thompson Shs CDT-Overriding Royalty Units

Westbrook Thompson

WEBTOON Entertainment Inc. - Common stock

Webtoon Entertainment Inc

Weebit Nano Ltd

Webuy Global Ltd

WU BA SUPERIOR PRODUCTS by WU BA Superior Products Holding Group Inc.

WU BA Superior Products Holding Group Inc

Wallbox NV

Wallbox N.V. Warrants, each warrant to purchase one Class A Ordinary Share

WASHINGTON BUSINESS BK by Washington Business Bank

Washington Business Bank

WISDOMTREE GL AUTOMOTIVE INNVTRS ETF

Jaws Wildcat Acquisition Corporation

WCB HOLDINGS INC by WCB Holdings, Inc.

WISDOMTREE CYBERSECURITY USD ETF

WisdomTree Cybersecurity Fund

WESCO International Inc

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: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$230.00</td>
<td>$25.7K</td>
<td>57.0K</td>
<td>68.6K</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$37.50</td>
<td>$28.6K</td>
<td>21.3K</td>
<td>3.3K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$200.00</td>
<td>$26.8K</td>
<td>26.8K</td>
<td>1.2K</td>
</tr>
<tr>
<td>LEVI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$20.00</td>
<td>$26.3K</td>
<td>520</td>
<td>1.0K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$90.00</td>
<td>$44.4K</td>
<td>21.8K</td>
<td>921</td>
</tr>
<tr>
<td>PDD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$95.00</td>
<td>$28.5K</td>
<td>7.1K</td>
<td>477</td>
</tr>
<tr>
<td>FL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$25.00</td>
<td>$148.0K</td>
<td>472</td>
<td>400</td>
</tr>
<tr>
<td>W</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$50.00</td>
<td>$25.6K</td>
<td>2.5K</td>
<td>238</td>
</tr>
<tr>
<td>GM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$48.00</td>
<td>$40.3K</td>
<td>1.4K</td>
<td>134</td>
</tr>
<tr>
<td>DECK</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$150.00</td>
<td>$29.6K</td>
<td>25</td>
<td>99</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be neutral, expiring in 2 day(s) on September 20, 2024. This event was a transfer of 53 contract(s) at a $230.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $25.7K, with a price of $485.0 per contract. There were 57053 open contracts at this strike prior to today, and today 68627 contract(s) were bought and sold. 
• Regarding JD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), we observe a call option sweep with bullish sentiment. It expires in 121 day(s) on January 17, 2025. Parties traded 691 contract(s) at a $37.50 strike. This particular call needed to be split into 113 different trades to become filled. The total cost received by the writing party (or parties) was $28.6K, with a price of $41.0 per contract. There were 21376 open contracts at this strike prior to today, and today 3373 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a call option trade with bearish sentiment. It expires in 30 day(s) on October 18, 2024. Parties traded 180 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $26.8K, with a price of $149.0 per contract. There were 26885 open contracts at this strike prior to today, and today 1284 contract(s) were bought and sold. 
• Regarding LEVI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEVI#NYSE">LEVI</a>), we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on September 20, 2024. Parties traded 1055 contract(s) at a $20.00 strike. This particular call needed to be split into 41 different trades to become filled. The total cost received by the writing party (or parties) was $26.3K, with a price of $25.0 per contract. There were 520 open contracts at this strike prior to today, and today 1063 contract(s) were bought and sold. 
• Regarding BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we observe a call option sweep with bearish sentiment. It expires in 30 day(s) on October 18, 2024. Parties traded 499 contract(s) at a $90.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $44.4K, with a price of $89.0 per contract. There were 21885 open contracts at this strike prior to today, and today 921 contract(s) were bought and sold. 
• For PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we notice a put option trade that happens to be bearish, expiring in 30 day(s) on October 18, 2024. This event was a transfer of 125 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $28.5K, with a price of $228.0 per contract. There were 7143 open contracts at this strike prior to today, and today 477 contract(s) were bought and sold. 
• Regarding FL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>), we observe a call option trade with bullish sentiment. It expires in 30 day(s) on October 18, 2024. Parties traded 400 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $148.0K, with a price of $370.0 per contract. There were 472 open contracts at this strike prior to today, and today 400 contract(s) were bought and sold. 
• Regarding W (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>), we observe a put option trade with bearish sentiment. It expires in 58 day(s) on November 15, 2024. Parties traded 45 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $25.6K, with a price of $570.0 per contract. There were 2584 open contracts at this strike prior to today, and today 238 contract(s) were bought and sold. 
• For GM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), we notice a call option sweep that happens to be bullish, expiring in 121 day(s) on January 17, 2025. This event was a transfer of 95 contract(s) at a $48.00 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 $40.3K, with a price of $425.0 per contract. There were 1477 open contracts at this strike prior to today, and today 134 contract(s) were bought and sold. 
• For DECK (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DECK#NYSE">DECK</a>), we notice a put option trade that happens to be bearish, expiring in 184 day(s) on March 21, 2025. This event was a transfer of 24 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $29.6K, with a price of $1234.0 per contract. There were 25 open contracts at this strike prior to today, and today 99 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 <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AMZN

BABA

DECK

LEVI

Citigourp Global Markets 2% Protected Notes Linked To The Djia

TSLA

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

High-rolling investors have positioned themselves bullish on Wayfair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in W often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 13 options trades for Wayfair. This is not a typical pattern.
The sentiment among these major traders is split, with 69% bullish and 15% bearish. Among all the options we identified, there was one put, amounting to $31,700, and 12 calls, totaling $803,662.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $49.5 to $100.0 for Wayfair during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
In today's trading context, the average open interest for options of Wayfair stands at 1103.0, with a total volume reaching 6,633.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Wayfair, situated within the strike price corridor from $49.5 to $100.0, throughout the last 30 days.
<h3>Wayfair 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726676371_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>W</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$4.3</td>
<td>$4.05</td>
<td>$4.3</td>
<td>$55.00</td>
<td>$211.1K</td>
<td>2.7K</td>
<td>494</td>
</tr>
<tr>
<td>W</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$4.55</td>
<td>$4.15</td>
<td>$4.5</td>
<td>$55.00</td>
<td>$98.1K</td>
<td>2.7K</td>
<td>1.4K</td>
</tr>
<tr>
<td>W</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$4.5</td>
<td>$4.15</td>
<td>$4.5</td>
<td>$55.00</td>
<td>$84.6K</td>
<td>2.7K</td>
<td>1.4K</td>
</tr>
<tr>
<td>W</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$4.55</td>
<td>$4.45</td>
<td>$4.45</td>
<td>$55.00</td>
<td>$73.1K</td>
<td>2.7K</td>
<td>674</td>
</tr>
<tr>
<td>W</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$4.55</td>
<td>$4.5</td>
<td>$4.5</td>
<td>$55.00</td>
<td>$64.3K</td>
<td>2.7K</td>
<td>855</td>
</tr>
</tbody>
</table>

<h3>About Wayfair</h3>
Wayfair engages in e-commerce in the United States (87% of 2023 sales), Canada, the United Kingdom, Germany, and Ireland. It's recently embarked on expansion into the brick-and-mortar landscape, with a handful of stores between the AllModern, Birch Lane, Joss &amp; Main, and Wayfair banners. At the end of 2023, the firm offered more than 30 million products from more than 20,000 suppliers under the brands Wayfair, Joss &amp; Main, AllModern, Birch Lane, and Perigold. Its offerings include furniture, everyday and seasonal decor, decorative accents, housewares, and other home goods. Wayfair was founded in 2002 and began trading publicly in 2014.
<h3>Current Position of Wayfair</h3>
<ul>
<li>Currently trading with a volume of 904,024, the W's price is up by 1.23%, now at $51.07. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 42 days.</li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Wayfair, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Markets

What the Options Market Tells Us About Wayfair

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: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$37.50</td>
<td>$62.0K</td>
<td>13.1K</td>
<td>9.9K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$192.50</td>
<td>$40.4K</td>
<td>15.5K</td>
<td>4.8K</td>
</tr>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/27/24</td>
<td>$220.00</td>
<td>$30.1K</td>
<td>2.4K</td>
<td>3.0K</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/04/24</td>
<td>$67.00</td>
<td>$72.1K</td>
<td>0</td>
<td>1.7K</td>
</tr>
<tr>
<td>W</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$45.00</td>
<td>$63.3K</td>
<td>8.7K</td>
<td>1.0K</td>
</tr>
<tr>
<td>LCID</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$4.00</td>
<td>$31.2K</td>
<td>61.6K</td>
<td>760</td>
</tr>
<tr>
<td>EVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$4.50</td>
<td>$45.1K</td>
<td>985</td>
<td>500</td>
</tr>
<tr>
<td>HD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$385.00</td>
<td>$57.7K</td>
<td>27</td>
<td>453</td>
</tr>
<tr>
<td>MCD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$290.00</td>
<td>$94.5K</td>
<td>287</td>
<td>334</td>
</tr>
<tr>
<td>ULTA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$390.00</td>
<td>$32.0K</td>
<td>800</td>
<td>290</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For JD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), we notice a call option sweep that happens to be bearish, expiring in 123 day(s) on January 17, 2025. This event was a transfer of 2000 contract(s) at a $37.50 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $62.0K, with a price of $31.0 per contract. There were 13194 open contracts at this strike prior to today, and today 9938 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on September 20, 2024. This event was a transfer of 1618 contract(s) at a $192.50 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $40.4K, with a price of $25.0 per contract. There were 15510 open contracts at this strike prior to today, and today 4877 contract(s) were bought and sold. 
• Regarding TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we observe a put option trade with bullish sentiment. It expires in 11 day(s) on September 27, 2024. Parties traded 60 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $30.1K, with a price of $503.0 per contract. There were 2479 open contracts at this strike prior to today, and today 3025 contract(s) were bought and sold. 
• For NKE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), we notice a put option sweep that happens to be bullish, expiring in 18 day(s) on October 4, 2024. This event was a transfer of 1799 contract(s) at a $67.00 strike. This particular put needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $72.1K, with a price of $40.0 per contract. There were 0 open contracts at this strike prior to today, and today 1799 contract(s) were bought and sold. 
• Regarding W (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>), we observe a call option trade with bearish sentiment. It expires in 95 day(s) on December 20, 2024. Parties traded 75 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $63.3K, with a price of $845.0 per contract. There were 8781 open contracts at this strike prior to today, and today 1075 contract(s) were bought and sold. 
• For LCID (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>), we notice a put option sweep that happens to be bearish, expiring in 123 day(s) on January 17, 2025. This event was a transfer of 315 contract(s) at a $4.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $31.2K, with a price of $99.0 per contract. There were 61603 open contracts at this strike prior to today, and today 760 contract(s) were bought and sold. 
• For EVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVGO#NASDAQ">EVGO</a>), we notice a call option sweep that happens to be bearish, expiring in 158 day(s) on February 21, 2025. This event was a transfer of 500 contract(s) at a $4.50 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $45.1K, with a price of $90.0 per contract. There were 985 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold. 
• Regarding HD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>), we observe a put option sweep with bearish sentiment. It expires in 60 day(s) on November 15, 2024. Parties traded 35 contract(s) at a $385.00 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 $57.7K, with a price of $1650.0 per contract. There were 27 open contracts at this strike prior to today, and today 453 contract(s) were bought and sold. 
• For MCD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>), we notice a put option trade that happens to be bearish, expiring in 60 day(s) on November 15, 2024. This event was a transfer of 150 contract(s) at a $290.00 strike. The total cost received by the writing party (or parties) was $94.5K, with a price of $630.0 per contract. There were 287 open contracts at this strike prior to today, and today 334 contract(s) were bought and sold. 
• Regarding ULTA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>), we observe a call option trade with bullish sentiment. It expires in 4 day(s) on September 20, 2024. Parties traded 50 contract(s) at a $390.00 strike. The total cost received by the writing party (or parties) was $32.0K, with a price of $640.0 per contract. There were 800 open contracts at this strike prior to today, and today 290 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 <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

EVGO

LCID

ULTA

10 Consumer Discretionary Stocks Whale Activity In Today's Session

Financial giants have made a conspicuous bearish move on Wayfair. Our analysis of options history for Wayfair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) revealed 16 unusual trades.
Delving into the details, we found 43% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $131,019, and 13 were calls, valued at $665,918.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $40.0 to $130.0 for Wayfair over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Wayfair's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Wayfair's whale trades within a strike price range from $40.0 to $130.0 in the last 30 days. 
<h3>Wayfair Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726255457_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>W</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$6.85</td>
<td>$6.55</td>
<td>$6.55</td>
<td>$42.50</td>
<td>$96.9K</td>
<td>1.5K</td>
<td>202</td>
</tr>
<tr>
<td>W</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$6.55</td>
<td>$6.5</td>
<td>$6.55</td>
<td>$42.50</td>
<td>$94.3K</td>
<td>1.5K</td>
<td>346</td>
</tr>
<tr>
<td>W</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/13/24</td>
<td>$3.4</td>
<td>$3.25</td>
<td>$3.4</td>
<td>$45.00</td>
<td>$78.5K</td>
<td>2.8K</td>
<td>521</td>
</tr>
<tr>
<td>W</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$1.45</td>
<td>$1.27</td>
<td>$1.45</td>
<td>$50.00</td>
<td>$76.9K</td>
<td>4.7K</td>
<td>3.8K</td>
</tr>
<tr>
<td>W</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$1.03</td>
<td>$0.91</td>
<td>$1.01</td>
<td>$50.00</td>
<td>$69.2K</td>
<td>4.7K</td>
<td>1.7K</td>
</tr>
</tbody>
</table>

<h3>About Wayfair</h3>
Wayfair engages in e-commerce in the United States (87% of 2023 sales), Canada, the United Kingdom, Germany, and Ireland. It's recently embarked on expansion into the brick-and-mortar landscape, with a handful of stores between the AllModern, Birch Lane, Joss &amp; Main, and Wayfair banners. At the end of 2023, the firm offered more than 30 million products from more than 20,000 suppliers under the brands Wayfair, Joss &amp; Main, AllModern, Birch Lane, and Perigold. Its offerings include furniture, everyday and seasonal decor, decorative accents, housewares, and other home goods. Wayfair was founded in 2002 and began trading publicly in 2014.
In light of the recent options history for Wayfair, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of Wayfair</h3>
<ul>
<li>Currently trading with a volume of 5,367,545, the W's price is up by 6.05%, now at $47.49. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 47 days.</li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Wayfair options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Unpacking the Latest Options Trading Trends in Wayfair

Wayfair Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) shares are trading higher by 8.0% to $48.37 during Friday&#8217;s session as furniture and home goods stocks rise in possible sympathy with RH after the company reported <a href="https://www.benzinga.com/news/earnings/24/09/40843304/rh-stock-rallies-after-better-than-expected-q2-results-details">second-quarter financial results</a>.
What Happened: RH&#8217;s stock surged after reporting stronger-than-expected second-quarter earnings, with EPS of $1.69 surpassing analyst estimates of $1.56. Sales also exceeded expectations, growing 3.64% year-over-year to $829.65 million. 
CEO Gary Friedman highlighted increased demand, which rose 7% in second-quarter and accelerated into third-quarter, with August up 12%. RH raised its revenue growth forecast for both third-quarter and the fiscal year.
Why This Matters To Wayfair: RH&#8217;s report suggests a recovery in consumer demand for home furnishings, indicating that the sector is rebounding despite challenges in the housing market. This could boost investor sentiment across the home furnishings industry, including Wayfair.
RH also mentioned improving product margins, signaling that supply chain pressures may be easing. If this trend extends to Wayfair, it could result in stronger financial performance and higher profitability for the company.
Read Also: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/40852561/oracle-quietly-gains-momentum-while-nvidia-meta-dominate-ai-spotlight">Oracle Quietly Gains Momentum While Nvidia, Meta Dominate AI Spotlight</a>
<h2 class="wp-block-heading">How To Buy W Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in Wayfair&#8217;s case, it is in the Consumer Discretionary sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, W has a 52-week high of $76.18 and a 52-week low of $38.02.

WIIM

ARHS

SNBR

UEIC

Shares of furniture and home goods companies are trading higher in possible sympathy with RH after the company reported Q2 financial results.

Wayfair Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) and Williams-Sonoma, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSM#NYSE">WSM</a>) shares are trading higher in Thursday's after-hours session after RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>) reported <a href="https://www.benzinga.com/news/earnings/24/09/40843304/rh-stock-rallies-after-better-than-expected-q2-results-details">better-than-expected quarterly results.</a>&nbsp;
The Details: Shares of furniture and home goods companies, including Wayfair and Williams-Sonoma are trading higher in sympathy with RH. 
The furniture retailer's shares are soaring after the company reported earnings and revenue above analyst estimates for the second quarter and adjusted its third-quarter revenue growth forecast to a range of 7% to 9%. 
Read Next: <a href="https://www.benzinga.com/news/earnings/24/09/40843304/rh-stock-rallies-after-better-than-expected-q2-results-details">RH Stock Rallies After Better-Than-Expected Q2 Results: Details</a>
"We are pleased to report that demand was up 7% in the second quarter and has continued to inflect positive, gaining momentum each month with July finishing up 10%. Demand accelerated into the third quarter with August up 12% and product margins inflecting positive despite operating in the most challenging housing market in three decades," commented Gary Friedman, CEO of RH.&nbsp;
W, WSM Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Wayfair shares are up 4.56% after-hours at $46.82 and Williams-Sonoma shares are up 3.78% at $141 at the time of publication Thursday.
Read Also:
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/09/40820349/nvidia-ceo-jensen-huang-admits-its-tense-as-surging-demand-for-blackwell-chips-sparks-customer-fru">Nvidia CEO Jensen Huang Admits &#8216;It&#8217;s Tense&#8217; As Surging Demand For Blackwell Chips Sparks Customer Frustration</a></li>
</ul>
Image: Shutterstock

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: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>LCID</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/13/24</td>
<td>$3.50</td>
<td>$34.9K</td>
<td>4.5K</td>
<td>5.6K</td>
</tr>
<tr>
<td>AMZN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/13/24</td>
<td>$182.50</td>
<td>$64.0K</td>
<td>1.0K</td>
<td>3.1K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$90.00</td>
<td>$44.1K</td>
<td>19.9K</td>
<td>2.0K</td>
</tr>
<tr>
<td>NIO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$5.00</td>
<td>$55.1K</td>
<td>35.5K</td>
<td>780</td>
</tr>
<tr>
<td>TPR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$35.00</td>
<td>$35.8K</td>
<td>1.3K</td>
<td>311</td>
</tr>
<tr>
<td>W</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$40.00</td>
<td>$59.4K</td>
<td>3.1K</td>
<td>307</td>
</tr>
<tr>
<td>PTON</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$5.00</td>
<td>$26.7K</td>
<td>22.7K</td>
<td>295</td>
</tr>
<tr>
<td>CPRI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$27.50</td>
<td>$44.0K</td>
<td>4.9K</td>
<td>238</td>
</tr>
<tr>
<td>CZR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$36.00</td>
<td>$29.4K</td>
<td>0</td>
<td>137</td>
</tr>
<tr>
<td>ETSY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$50.00</td>
<td>$53.8K</td>
<td>480</td>
<td>108</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding LCID (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>), we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on September 13, 2024. Parties traded 850 contract(s) at a $3.50 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 $34.9K, with a price of $41.0 per contract. There were 4589 open contracts at this strike prior to today, and today 5600 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a put option trade that happens to be bullish, expiring in 2 day(s) on September 13, 2024. This event was a transfer of 200 contract(s) at a $182.50 strike. The total cost received by the writing party (or parties) was $64.0K, with a price of $320.0 per contract. There were 1034 open contracts at this strike prior to today, and today 3110 contract(s) were bought and sold. 
• Regarding BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we observe a call option sweep with bearish sentiment. It expires in 37 day(s) on October 18, 2024. Parties traded 300 contract(s) at a $90.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $44.1K, with a price of $147.0 per contract. There were 19947 open contracts at this strike prior to today, and today 2038 contract(s) were bought and sold. 
• For NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), we notice a call option sweep that happens to be bearish, expiring in 492 day(s) on January 16, 2026. This event was a transfer of 253 contract(s) at a $5.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $55.1K, with a price of $218.0 per contract. There were 35598 open contracts at this strike prior to today, and today 780 contract(s) were bought and sold. 
• Regarding TPR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPR#NYSE">TPR</a>), we observe a put option sweep with neutral sentiment. It expires in 128 day(s) on January 17, 2025. Parties traded 311 contract(s) at a $35.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $35.8K, with a price of $115.0 per contract. There were 1358 open contracts at this strike prior to today, and today 311 contract(s) were bought and sold. 
• Regarding W (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>), we observe a put option sweep with bearish sentiment. It expires in 282 day(s) on June 20, 2025. Parties traded 82 contract(s) at a $40.00 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 $59.4K, with a price of $725.0 per contract. There were 3156 open contracts at this strike prior to today, and today 307 contract(s) were bought and sold. 
• For PTON (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTON#NASDAQ">PTON</a>), we notice a call option sweep that happens to be bullish, expiring in 128 day(s) on January 17, 2025. This event was a transfer of 375 contract(s) at a $5.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $72.0 per contract. There were 22700 open contracts at this strike prior to today, and today 295 contract(s) were bought and sold. 
• For CPRI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPRI#NYSE">CPRI</a>), we notice a put option trade that happens to be bearish, expiring in 128 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $27.50 strike. The total cost received by the writing party (or parties) was $44.0K, with a price of $440.0 per contract. There were 4903 open contracts at this strike prior to today, and today 238 contract(s) were bought and sold. 
• For CZR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CZR#NASDAQ">CZR</a>), we notice a call option sweep that happens to be bullish, expiring in 65 day(s) on November 15, 2024. This event was a transfer of 100 contract(s) at a $36.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $29.4K, with a price of $294.0 per contract. There were 0 open contracts at this strike prior to today, and today 137 contract(s) were bought and sold. 
• For ETSY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>), we notice a call option sweep that happens to be bullish, expiring in 100 day(s) on December 20, 2024. This event was a transfer of 92 contract(s) at a $50.00 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 $53.8K, with a price of $585.0 per contract. There were 480 open contracts at this strike prior to today, and today 108 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 <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CPRI

ETSY

PTON

Financial giants have made a conspicuous bullish move on Wayfair. Our analysis of options history for Wayfair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) revealed 8 unusual trades.
Delving into the details, we found 75% of traders were bullish, while 25% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $207,995, and 4 were calls, valued at $997,548.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $35.0 to $50.0 for Wayfair during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
In terms of liquidity and interest, the mean open interest for Wayfair options trades today is 1903.67 with a total volume of 2,153.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Wayfair's big money trades within a strike price range of $35.0 to $50.0 over the last 30 days.
<h3>Wayfair 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724958122_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>W</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$11.15</td>
<td>$10.85</td>
<td>$11.08</td>
<td>$50.00</td>
<td>$831.0K</td>
<td>337</td>
<td style="text-align: right;">750</td>
</tr>
<tr>
<td>W</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$11.2</td>
<td>$10.9</td>
<td>$11.08</td>
<td>$50.00</td>
<td>$110.8K</td>
<td>337</td>
<td style="text-align: right;">850</td>
</tr>
<tr>
<td>W</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/30/24</td>
<td>$3.2</td>
<td>$3.1</td>
<td>$3.1</td>
<td>$46.00</td>
<td>$93.0K</td>
<td>360</td>
<td style="text-align: right;">311</td>
</tr>
<tr>
<td>W</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$7.9</td>
<td>$7.8</td>
<td>$7.85</td>
<td>$45.00</td>
<td>$52.5K</td>
<td>9.2K</td>
<td style="text-align: right;">82</td>
</tr>
<tr>
<td>W</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$3.6</td>
<td>$3.5</td>
<td>$3.5</td>
<td>$42.50</td>
<td>$33.2K</td>
<td>68</td>
<td style="text-align: right;">96</td>
</tr>
</tbody>
</table>

<h3>About Wayfair</h3>
Wayfair engages in e-commerce in the United States (87% of 2023 sales), Canada, the United Kingdom, Germany, and Ireland. It's recently embarked on expansion into the brick-and-mortar landscape, with a handful of stores between the AllModern, Birch Lane, Joss &amp; Main, and Wayfair banners. At the end of 2023, the firm offered more than 30 million products from more than 20,000 suppliers under the brands Wayfair, Joss &amp; Main, AllModern, Birch Lane, and Perigold. Its offerings include furniture, everyday and seasonal decor, decorative accents, housewares, and other home goods. Wayfair was founded in 2002 and began trading publicly in 2014.
After a thorough review of the options trading surrounding Wayfair, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Wayfair's Current Market Status</h3>
<ul>
<li>Trading volume stands at 1,554,739, with W's price up by 2.33%, positioned at $43.4.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 62 days.</li>
</ul>
<h3>What The Experts Say On Wayfair</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $56.6.
<ul>
<li>An analyst from Goldman Sachs has decided to maintain their Neutral rating on Wayfair, which currently sits at a price target of $54. </li>
<li>An analyst from Truist Securities persists with their Buy rating on Wayfair, maintaining a target price of $60. </li>
<li>Consistent in their evaluation, an analyst from RBC Capital keeps a Sector Perform rating on Wayfair with a target price of $53. </li>
<li>Consistent in their evaluation, an analyst from Raymond James keeps a Strong Buy rating on Wayfair with a target price of $65. </li>
<li>Maintaining their stance, an analyst from Barclays continues to hold a Equal-Weight rating for Wayfair, targeting a price of $51. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Wayfair, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Decoding Wayfair's Options Activity: What's the Big Picture?

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: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/30/24</td>
<td>$200.00</td>
<td>$32.0K</td>
<td>16.8K</td>
<td>68.9K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/30/24</td>
<td>$79.00</td>
<td>$32.2K</td>
<td>594</td>
<td>4.0K</td>
</tr>
<tr>
<td>PDD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/27/24</td>
<td>$100.00</td>
<td>$33.6K</td>
<td>1.2K</td>
<td>1.2K</td>
</tr>
<tr>
<td>WYNN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$75.00</td>
<td>$103.2K</td>
<td>943</td>
<td>1.0K</td>
</tr>
<tr>
<td>SBUX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$96.00</td>
<td>$50.9K</td>
<td>1.2K</td>
<td>627</td>
</tr>
<tr>
<td>ANF</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/30/24</td>
<td>$138.00</td>
<td>$58.0K</td>
<td>7</td>
<td>432</td>
</tr>
<tr>
<td>TSCO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$280.00</td>
<td>$50.2K</td>
<td>78</td>
<td>327</td>
</tr>
<tr>
<td>F</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$15.00</td>
<td>$79.0K</td>
<td>50</td>
<td>200</td>
</tr>
<tr>
<td>W</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$42.50</td>
<td>$65.3K</td>
<td>28</td>
<td>184</td>
</tr>
<tr>
<td>CPRI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$50.00</td>
<td>$26.0K</td>
<td>30.8K</td>
<td>171</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a put option sweep that happens to be bullish, expiring in 2 day(s) on August 30, 2024. This event was a transfer of 246 contract(s) at a $200.00 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 $32.0K, with a price of $130.0 per contract. There were 16853 open contracts at this strike prior to today, and today 68936 contract(s) were bought and sold. 
• Regarding BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on August 30, 2024. Parties traded 278 contract(s) at a $79.00 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 $32.2K, with a price of $116.0 per contract. There were 594 open contracts at this strike prior to today, and today 4065 contract(s) were bought and sold. 
• Regarding PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we observe a call option trade with bearish sentiment. It expires in 30 day(s) on September 27, 2024. Parties traded 200 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $33.6K, with a price of $168.0 per contract. There were 1264 open contracts at this strike prior to today, and today 1201 contract(s) were bought and sold. 
• Regarding WYNN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>), we observe a put option sweep with bearish sentiment. It expires in 23 day(s) on September 20, 2024. Parties traded 499 contract(s) at a $75.00 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 $103.2K, with a price of $207.0 per contract. There were 943 open contracts at this strike prior to today, and today 1085 contract(s) were bought and sold. 
• Regarding SBUX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), we observe a put option trade with bullish sentiment. It expires in 23 day(s) on September 20, 2024. Parties traded 200 contract(s) at a $96.00 strike. The total cost received by the writing party (or parties) was $50.9K, with a price of $255.0 per contract. There were 1215 open contracts at this strike prior to today, and today 627 contract(s) were bought and sold. 
• Regarding ANF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>), we observe a call option trade with bullish sentiment. It expires in 2 day(s) on August 30, 2024. Parties traded 200 contract(s) at a $138.00 strike. The total cost received by the writing party (or parties) was $58.0K, with a price of $290.0 per contract. There were 7 open contracts at this strike prior to today, and today 432 contract(s) were bought and sold. 
• Regarding TSCO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>), we observe a put option sweep with bearish sentiment. It expires in 79 day(s) on November 15, 2024. Parties traded 34 contract(s) at a $280.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $50.2K, with a price of $1477.0 per contract. There were 78 open contracts at this strike prior to today, and today 327 contract(s) were bought and sold. 
• Regarding F (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), we observe a put option trade with bullish sentiment. It expires in 51 day(s) on October 18, 2024. Parties traded 200 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $79.0K, with a price of $395.0 per contract. There were 50 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold. 
• For W (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>), we notice a call option sweep that happens to be bullish, expiring in 51 day(s) on October 18, 2024. This event was a transfer of 172 contract(s) at a $42.50 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $65.3K, with a price of $380.0 per contract. There were 28 open contracts at this strike prior to today, and today 184 contract(s) were bought and sold. 
• For CPRI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPRI#NYSE">CPRI</a>), we notice a call option trade that happens to be bullish, expiring in 142 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $260.0 per contract. There were 30843 open contracts at this strike prior to today, and today 171 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 <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

SBUX

TSCO

WYNN

Investors with a lot of money to spend have taken a bearish stance on Wayfair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with W, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 16 uncommon options trades for Wayfair.
This isn't normal.
The overall sentiment of these big-money traders is split between 18% bullish and 75%, bearish.
Out of all of the special options we uncovered, 4 are puts, for a total amount of $963,573, and 12 are calls, for a total amount of $410,548.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $35.0 to $75.0 for Wayfair over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
In terms of liquidity and interest, the mean open interest for Wayfair options trades today is 1202.75 with a total volume of 5,347.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Wayfair's big money trades within a strike price range of $35.0 to $75.0 over the last 30 days.
<h3>Wayfair Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724696139_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>W</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$33.0</td>
<td>$33.0</td>
<td>$33.0</td>
<td>$75.00</td>
<td>$359.7K</td>
<td>246</td>
<td style="text-align: right;">239</td>
</tr>
<tr>
<td>W</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$33.0</td>
<td>$32.1</td>
<td>$33.0</td>
<td>$75.00</td>
<td>$330.0K</td>
<td>246</td>
<td style="text-align: right;">130</td>
</tr>
<tr>
<td>W</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$5.25</td>
<td>$4.2</td>
<td>$4.67</td>
<td>$35.00</td>
<td>$240.8K</td>
<td>1.8K</td>
<td style="text-align: right;">510</td>
</tr>
<tr>
<td>W</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$7.55</td>
<td>$7.35</td>
<td>$7.35</td>
<td>$38.00</td>
<td>$66.1K</td>
<td>2.0K</td>
<td style="text-align: right;">217</td>
</tr>
<tr>
<td>W</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$7.75</td>
<td>$7.6</td>
<td>$7.6</td>
<td>$38.00</td>
<td>$44.0K</td>
<td>2.0K</td>
<td style="text-align: right;">75</td>
</tr>
</tbody>
</table>

<h3>About Wayfair</h3>
Wayfair engages in e-commerce in the United States (87% of 2023 sales), Canada, the United Kingdom, Germany, and Ireland. It's recently embarked on expansion into the brick-and-mortar landscape, with a handful of stores between the AllModern, Birch Lane, Joss &amp; Main, and Wayfair banners. At the end of 2023, the firm offered more than 30 million products from more than 20,000 suppliers under the brands Wayfair, Joss &amp; Main, AllModern, Birch Lane, and Perigold. Its offerings include furniture, everyday and seasonal decor, decorative accents, housewares, and other home goods. Wayfair was founded in 2002 and began trading publicly in 2014.
<h3>Wayfair's Current Market Status</h3>
<ul>
<li>With a trading volume of 1,379,385, the price of W is down by -2.63%, reaching $44.36.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 65 days from now.</li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Wayfair, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

This Is What Whales Are Betting On Wayfair

Argus Research analyst John Staszak downgrades Wayfair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) from Buy to Hold.

Downgrades

Analyst Ratings

Argus Research Downgrades Wayfair to Hold

DLTH

DOOO

EXPE

RMBL

TLYS

Shares of retail companies are trading higher following strong New Home Sales economic data for July. Also, these companies may be moving in sympathy with the market after Fed Chair Powell offered an optimistic U.S. economic outlook and indicated future rate cuts.

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: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$212.50</td>
<td>$43.1K</td>
<td>1.2K</td>
<td>69.3K</td>
</tr>
<tr>
<td>LAZR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$1.50</td>
<td>$121.0K</td>
<td>1.3K</td>
<td>9.4K</td>
</tr>
<tr>
<td>BABA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$80.00</td>
<td>$28.8K</td>
<td>2.9K</td>
<td>6.9K</td>
</tr>
<tr>
<td>TPR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$42.50</td>
<td>$32.1K</td>
<td>1.8K</td>
<td>5.2K</td>
</tr>
<tr>
<td>W</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$41.00</td>
<td>$58.0K</td>
<td>1.5K</td>
<td>947</td>
</tr>
<tr>
<td>AMZN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$180.00</td>
<td>$151.6K</td>
<td>6.1K</td>
<td>651</td>
</tr>
<tr>
<td>CZR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$33.00</td>
<td>$125.0K</td>
<td>399</td>
<td>620</td>
</tr>
<tr>
<td>LI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/23/24</td>
<td>$19.50</td>
<td>$34.6K</td>
<td>76</td>
<td>562</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$80.00</td>
<td>$35.0K</td>
<td>5.9K</td>
<td>353</td>
</tr>
<tr>
<td>NIO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$2.00</td>
<td>$53.0K</td>
<td>226</td>
<td>307</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on August 16, 2024. This event was a transfer of 235 contract(s) at a $212.50 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $43.1K, with a price of $183.0 per contract. There were 1228 open contracts at this strike prior to today, and today 69389 contract(s) were bought and sold. 
• Regarding LAZR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAZR#NASDAQ">LAZR</a>), we observe a call option sweep with bearish sentiment. It expires in 519 day(s) on January 16, 2026. Parties traded 4482 contract(s) at a $1.50 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 $121.0K, with a price of $27.0 per contract. There were 1359 open contracts at this strike prior to today, and today 9492 contract(s) were bought and sold. 
• For BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we notice a put option sweep that happens to be bearish, expiring in 1 day(s) on August 16, 2024. This event was a transfer of 275 contract(s) at a $80.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $28.8K, with a price of $105.0 per contract. There were 2933 open contracts at this strike prior to today, and today 6922 contract(s) were bought and sold. 
• Regarding TPR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPR#NYSE">TPR</a>), we observe a call option sweep with bullish sentiment. It expires in 92 day(s) on November 15, 2024. Parties traded 201 contract(s) at a $42.50 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $32.1K, with a price of $160.0 per contract. There were 1897 open contracts at this strike prior to today, and today 5257 contract(s) were bought and sold. 
• For W (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>), we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on August 16, 2024. This event was a transfer of 203 contract(s) at a $41.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $58.0K, with a price of $285.0 per contract. There were 1521 open contracts at this strike prior to today, and today 947 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a put option sweep that happens to be bullish, expiring in 309 day(s) on June 20, 2025. This event was a transfer of 82 contract(s) at a $180.00 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 $151.6K, with a price of $1849.0 per contract. There were 6192 open contracts at this strike prior to today, and today 651 contract(s) were bought and sold. 
• Regarding CZR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CZR#NASDAQ">CZR</a>), we observe a call option sweep with bullish sentiment. It expires in 36 day(s) on September 20, 2024. Parties traded 250 contract(s) at a $33.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $125.0K, with a price of $500.0 per contract. There were 399 open contracts at this strike prior to today, and today 620 contract(s) were bought and sold. 
• For LI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>), we notice a put option sweep that happens to be bullish, expiring in 8 day(s) on August 23, 2024. This event was a transfer of 488 contract(s) at a $19.50 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $34.6K, with a price of $71.0 per contract. There were 76 open contracts at this strike prior to today, and today 562 contract(s) were bought and sold. 
• For NKE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), we notice a put option trade that happens to be bullish, expiring in 64 day(s) on October 18, 2024. This event was a transfer of 100 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $35.0K, with a price of $350.0 per contract. There were 5900 open contracts at this strike prior to today, and today 353 contract(s) were bought and sold. 
• Regarding NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), we observe a call option trade with bullish sentiment. It expires in 309 day(s) on June 20, 2025. Parties traded 250 contract(s) at a $2.00 strike. The total cost received by the writing party (or parties) was $53.0K, with a price of $212.0 per contract. There were 226 open contracts at this strike prior to today, and today 307 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 <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

LAZR

BBWI

BURL

FIVE

OLLI

ROST

SFIX

Shares of companies in the retail and consumer discretionary sector are trading higher following stronger-than-expected retail sales data and strong earnings from Walmart.

Homeowners are still holding off on renovations <a href="https://www.benzinga.com//node/40371865">until interest rates come down</a>.
This insight comes from consumer behavior data shared by Home Depot Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) executives during their most <a href="https://www.benzinga.com/news/earnings/24/08/40334855/home-depot-q2-earnings-customer-transactions-decline-cites-weaker-home-improvement-spending-but-rai">recent earnings call.</a>
A drop in sales from furniture retailer Wayfair Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) falls in line with these data while the bankruptcy of LL Flooring (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LL#NYSE">LL</a>) shows that the slowdown has been too heavy for some businesses to bear.
What Home Depot Is Saying: The real estate market was one of the sectors hit hardest by rising interest rates.
While the prospect of an interest rate cut in September has brought some homebuyers back into the market, more than two years of high interest rates continue to burden homeowners looking to renovate their properties.
In recent weeks, lowering mortgage rates have led to a skyrocketing pattern in mortgage applications. This week saw the lowest 30- and 15-year mortgage rates in over one year, <a href="https://www.benzinga.com/markets/equities/24/08/40370641/mortgage-applications-rocket-by-16-8-notch-strongest-weekly-increase-in-1-5-years-homebuyers-too">taking applications up by 16.8% on a weekly basis</a>. Refinancing activity also hit the highest level since May 2022.
Yet the home improvement sector is still being affected. In its <a href="https://www.benzinga.com/news/earnings/24/08/40334855/home-depot-q2-earnings-customer-transactions-decline-cites-weaker-home-improvement-spending-but-rai">most recent earnings call</a>, Home Depot executives highlighted the level at which people are still putting off renovation projects.
"During the [second] quarter, higher interest rates and greater macro-economic uncertainty pressured consumer demand more broadly resulting in weaker spend across home improvement projects." said President and CEO Ted Decker on the company's Tuesday call.
Missing analyst estimates on revenue caused Home Depot&#8217;s stock to drop slightly on Tuesday. The company quickly recovered on Wednesday and is now up by 5% in the last five trading days.
Rising expectations for an imminent drop in interest rates has caused many Home Depot customers to defer renovation projects to a near future with —presumably— lower interest rates.
"Everyone&#8217;s expecting rates are going to fall, so were deferring those projects," said Decker.
"There&#8217;s just a lot of noise with political and geopolitical environment, unemployment ticked up, inflation keeps eating away at disposable income, and I think people just took a pause as we&#8217;ve progressed through the quarter – or more of a pause because of these macro uncertainties," he added.
Larger projects, like kitchen, bath, flooring, lighting renovations "are all under pressure" said CFO Richard McPhail in the call. Yet, he added that there is "a direct relationship between decreases in mortgage rates and the amount of activity that you at least see picking up in turnover."
A fresh consumer price index report from Wednesday put inflation for July at 2.9% year-over-year, <a href="https://www.benzinga.com//node/40374679">adding hopes for an interest rate cut in September</a>. Analysts are expecting moderation from the Fed, with a 0.25% cut more likely than 0.5%.
Read also: <a href="https://www.benzinga.com//node/40330367">Airbnb A Pleasant Stay For Investors? Here&#8217;s How Much You Would Have Now if You Had Invested $1,000 In Vacation Rental Company&#8217;s IPO</a>
LL Flooring Files For Bankruptcy: While there's light at the end of the tunnel for the real estate and home improvement sector, other companies have not been able to sustain the blow of high interest rates.&nbsp;
On Monday, home improvement retailer LL Flooring, also known as Lumber Liquidators, filed for Chapter 11 bankruptcy. The NYSE announced the delisting of its stock. The company will close 94 of its almost 400 U.S. stores and said it is looking for buyers to take over its business.
LL said in a press release that several "macroeconomic and operational challenges" have put a strain on its business.
The most obvious culprit behind LL's financial troubles are high mortgage rates. But low lumber prices might also have affected the company's bottom line. Lumber has come down from a May 2021 peak of $1500 per 1000-feet board, to around $520 in August of this year, <a href="https://tradingeconomics.com/commodity/lumber">according</a> to Trading Economics.
An upcoming <a href="https://www.benzinga.com/trading-ideas/technicals/24/08/40372985/walmart-stock-bullish-or-bearish-a-tug-of-war-ahead-of-q2-earnings">earnings report by</a> Walmart Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) on Thursday could shed more light into the state of spending by Americans.
Americans have been spending less on their homes when it comes to interior decoration and furniture, according to the most recent earnings report from "all things home" retailer Wayfair. 
Several analysts dropped their price targets for the company after <a href="https://www.benzinga.com//node/40103227">its quarterly report fell short of expectations</a> amid cautious consumer spending and a challenging market.
CEO Niraj Shah compared the slowdown in home goods sales to the great financial crisis of 2008, saying that "customers remain cautious in their spending on the home."
CFO Kate Gulliver said in a CNBC interview that while the country is not technically in a recession, the company is seeing a "recession-like correction" in the home goods category, something which Shah called "unprecedented."
Now read:&nbsp;
<ul>
<li><a href="https://www.benzinga.com//node/40367791">S&amp;P 500 Rises, Small Caps Outperform As July Consumer Price Index Fuels Fed Rate Cut Hopes: 5 ETFs to Watch Wednesday</a></li>
</ul>

Home Depot CEO Says 'Inflation Keeps Eating Away At Disposable Income': Are Home Repairs Being Put Off Due To The Economy?

U.S. stocks were higher, with the Dow Jones index gaining around 200 points on Tuesday.
Shares of Loar Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOAR#NYSE">LOAR</a>) rose sharply during Tuesday's session after the company reported better-than-expected second-quarter <a href="https://www.benzinga.com/quote/LOAR/earnings">GAAP EPS and sales.</a>
Loar Holdings reported quarterly earnings of 9 cents per share which beat the analyst consensus estimate of 6 cents per share. The company reported quarterly sales of $97.015 million which beat the analyst consensus estimate of $91.700 million.
Loar Holdings shares jumped 18.2% to $73.63 on Tuesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>iLearningEngines, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AILE#NASDAQ">AILE</a>) shares jumped 29% to $3.94 after the company reported better-than-expected second-quarter sales results.</li>
<li>Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) surged 21.4% to $93.50 after the company announced that Chipotle CEO and Chairman Brian Niccol has been named as Starbucks&#8217; new Chairman and Chief Executive Officer, effective Sept. 9.</li>
<li>PACS Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PACS#NYSE">PACS</a>) gained 17% to $37.84 following a second-quarter revenue beat.</li>
<li>Pulse Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLSE#NASDAQ">PLSE</a>) jumped 16.8% to $18.29. Pulse Biosciences appointed Paul LaViolette to its board of directors and reported preliminary second quarter 2024 financial results.</li>
<li>Hesai Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSAI#NASDAQ">HSAI</a>) surged 16.3% to $4.14.</li>
<li>Darling Ingredients Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAR#NYSE">DAR</a>) gained 15.3% to $40.70.</li>
<li>Clean Energy Fuels Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLNE#NASDAQ">CLNE</a>) rose 14.6% to $3.2312 after the company reported better-than-expected quarterly adjusted EPS results.</li>
<li>ARS Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPRY#NASDAQ">SPRY</a>) gained 14.2% to $12.39 after Raymond James upgraded the stock from Outperform to Strong Buy and raised its price target from $18 to $22.</li>
<li>Clarivate Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLVT#NYSE">CLVT</a>) gained 12% to $6.16.</li>
<li>Sea Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SE#NYSE">SE</a>) climbed 11.2% to $74.42 following mixed quarterly earnings.</li>
<li>Penumbra, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEN#NYSE">PEN</a>) gained 10.5% to $186.64 after the company announced a $200 million share repurchase authorization..</li>
<li>Upstart Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPST#NASDAQ">UPST</a>) gained 10.4% to $37.76.</li>
<li>Semtech Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) rose 9.4% to $32.93.</li>
<li>Wayfair Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) gained 8.7% to $41.55.</li>
<li>New York Community Bancorp, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NYCB#NYSE">NYCB</a>) rose 8.5% to $10.20.</li>
<li>Elanco Animal Health Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELAN#NYSE">ELAN</a>) gained 8.3% to $14.18.</li>
<li>Unity Software Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>) rose 7.7% to $16.38. Unity Software, last week, reported better-than-expected quarterly financial results.</li>
<li>Ascendis Pharma A/S (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASND#NASDAQ">ASND</a>) jumped 6.6% to $136.90. Goldman Sachs analyst Paul Choi maintained Ascendis Pharma with a Buy and raised the price target from $170 to $195.</li>
<li>Carvana Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) gained 6.4% to $142.11.</li>
<li>Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) rose 5.6% to $100.66 after Barclays upgraded the stock from Underweight to Equal-Weight.</li>
<li>NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) gained 5.3% to $114.75. Shares of semiconductor stocks traded higher amid overall market strength following softer-than-expected PPI figures.</li>
<li>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) gained 5.1% to $568.59.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/24/08/40338311/top-2-financials-stocks-you-may-want-to-dump-in-august">Top 2 Financials Stocks You May Want To Dump In August</a></li>
</ul>

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Comments

Wayfair

Wayfair (W) Forecast

Wayfair (NYSE:W) Stock, Quote.Headers.trade-ideas