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 (NASDAQ:TSLA), we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on November 17, 2023. This event was a transfer of 168 contract(s) at a $240.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $38.6K, with a price of $232.0 per contract. There were 30491 open contracts at this strike prior to today, and today 123935 contract(s) were bought and sold.

• For LCID (NASDAQ:LCID), we notice a put option sweep that happens to be bearish, expiring in 17 day(s) on December 1, 2023. This event was a transfer of 4000 contract(s) at a $4.00 strike. This particular put needed to be split into 52 different trades to become filled. The total cost received by the writing party (or parties) was $92.4K, with a price of $23.0 per contract. There were 2480 open contracts at this strike prior to today, and today 4101 contract(s) were bought and sold.

• For DKNG (NASDAQ:DKNG), we notice a call option trade that happens to be bullish, expiring in 31 day(s) on December 15, 2023. This event was a transfer of 1525 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $91.5K, with a price of $60.0 per contract. There were 13236 open contracts at this strike prior to today, and today 3823 contract(s) were bought and sold.

• For SBUX (NASDAQ:SBUX), we notice a put option sweep that happens to be bearish, expiring in 66 day(s) on January 19, 2024. This event was a transfer of 140 contract(s) at a $105.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $33.6K, with a price of $240.0 per contract. There were 3768 open contracts at this strike prior to today, and today 871 contract(s) were bought and sold.

• Regarding RCL (NYSE:RCL), we observe a call option sweep with bullish sentiment. It expires in 66 day(s) on January 19, 2024. Parties traded 114 contract(s) at a $110.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $33.9K, with a price of $298.0 per contract. There were 2689 open contracts at this strike prior to today, and today 446 contract(s) were bought and sold.

• For KBH (NYSE:KBH), we notice a put option trade that happens to be bullish, expiring in 157 day(s) on April 19, 2024. This event was a transfer of 50 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $37.5K, with a price of $750.0 per contract. There were 5 open contracts at this strike prior to today, and today 386 contract(s) were bought and sold.

• For RIVN (NASDAQ:RIVN), we notice a put option sweep that happens to be bearish, expiring in 122 day(s) on March 15, 2024. This event was a transfer of 290 contract(s) at a $17.50 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $81.7K, with a price of $282.0 per contract. There were 19290 open contracts at this strike prior to today, and today 372 contract(s) were bought and sold.

• Regarding SEAS (NYSE:SEAS), we observe a call option sweep with bearish sentiment. It expires in 66 day(s) on January 19, 2024. Parties traded 245 contract(s) at a $40.00 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 $245.0K, with a price of $1000.0 per contract. There were 1133 open contracts at this strike prior to today, and today 260 contract(s) were bought and sold.

• For CAVA (NYSE:CAVA), we notice a call option trade that happens to be bullish, expiring in 430 day(s) on January 17, 2025. This event was a transfer of 200 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $88.0K, with a price of $440.0 per contract. There were 362 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.

• Regarding CHWY (NYSE:CHWY), we observe a call option trade with bearish sentiment. It expires in 430 day(s) on January 17, 2025. Parties traded 59 contract(s) at a $22.50 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $510.0 per contract. There were 1500 open contracts at this strike prior to today, and today 142 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.