10 Consumer Discretionary Stocks With Whale Alerts 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.

• Regarding TSLA (NASDAQ:TSLA), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on June 7, 2024. Parties traded 109 contract(s) at a $177.50 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 $28.4K, with a price of $260.0 per contract. There were 13992 open contracts at this strike prior to today, and today 117187 contract(s) were bought and sold.

• Regarding GME (NYSE:GME), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on June 7, 2024. Parties traded 93 contract(s) at a $40.00 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 $37.2K, with a price of $400.0 per contract. There were 21565 open contracts at this strike prior to today, and today 40582 contract(s) were bought and sold.

• For AMZN (NASDAQ:AMZN), we notice a call option sweep that happens to be bearish, expiring in 8 day(s) on June 14, 2024. This event was a transfer of 500 contract(s) at a $185.00 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 $102.5K, with a price of $205.0 per contract. There were 11127 open contracts at this strike prior to today, and today 11813 contract(s) were bought and sold.

• Regarding FL (NYSE:FL), we observe a call option trade with bullish sentiment. It expires in 43 day(s) on July 19, 2024. Parties traded 2000 contract(s) at a $27.50 strike. The total cost received by the writing party (or parties) was $190.0K, with a price of $95.0 per contract. There were 729 open contracts at this strike prior to today, and today 2037 contract(s) were bought and sold.

• Regarding BABA (NYSE:BABA), we observe a put option sweep with bullish sentiment. It expires in 43 day(s) on July 19, 2024. Parties traded 192 contract(s) at a $75.00 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 $31.1K, with a price of $162.0 per contract. There were 15241 open contracts at this strike prior to today, and today 724 contract(s) were bought and sold.

• For FNKO (NASDAQ:FNKO), we notice a put option trade that happens to be bullish, expiring in 225 day(s) on January 17, 2025. This event was a transfer of 500 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $40.0K, with a price of $80.0 per contract. There were 566 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.

• For HD (NYSE:HD), we notice a call option sweep that happens to be bearish, expiring in 15 day(s) on June 21, 2024. This event was a transfer of 100 contract(s) at a $330.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $56.7K, with a price of $570.0 per contract. There were 1260 open contracts at this strike prior to today, and today 478 contract(s) were bought and sold.

• Regarding LULU (NASDAQ:LULU), we observe a call option trade with bearish sentiment. It expires in 106 day(s) on September 20, 2024. Parties traded 46 contract(s) at a $390.00 strike. The total cost received by the writing party (or parties) was $31.5K, with a price of $685.0 per contract. There were 428 open contracts at this strike prior to today, and today 88 contract(s) were bought and sold.

• For MELI (NASDAQ:MELI), we notice a call option sweep that happens to be bullish, expiring in 106 day(s) on September 20, 2024. This event was a transfer of 12 contract(s) at a $2000.00 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 $25.0K, with a price of $2090.0 per contract. There were 321 open contracts at this strike prior to today, and today 76 contract(s) were bought and sold.

• For HLT (NYSE:HLT), we notice a call option trade that happens to be neutral, expiring in 43 day(s) on July 19, 2024. This event was a transfer of 28 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $65.4K, with a price of $2336.0 per contract. There were 467 open contracts at this strike prior to today, and today 28 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.