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:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| TSLA | PUT | SWEEP | BEARISH | 01/03/25 | $380.00 | $81.3K | 13.8K | 83.0K |
| PDD | CALL | SWEEP | BEARISH | 01/31/25 | $120.00 | $54.4K | 2.1K | 1.5K |
| MTN | CALL | TRADE | BULLISH | 02/21/25 | $180.00 | $142.0K | 3 | 706 |
| BABA | CALL | SWEEP | NEUTRAL | 02/21/25 | $75.00 | $113.8K | 1.3K | 703 |
| AMZN | PUT | SWEEP | BULLISH | 04/17/25 | $230.00 | $69.7K | 1.0K | 297 |
| GME | PUT | TRADE | BEARISH | 01/16/26 | $125.00 | $57.7K | 5.0K | 242 |
| HLT | CALL | TRADE | BEARISH | 01/17/25 | $220.00 | $83.0K | 5.0K | 33 |
| NKE | CALL | TRADE | BEARISH | 01/16/26 | $60.00 | $38.5K | 814 | 26 |
| CAVA | CALL | TRADE | NEUTRAL | 01/15/27 | $120.00 | $37.9K | 205 | 10 |
| BKNG | PUT | TRADE | BEARISH | 02/21/25 | $4915.00 | $47.1K | 4 | 3 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA (NASDAQ:TSLA), we notice a put option sweep that happens to be bearish, expiring in 1 day(s) on January 3, 2025. This event was a transfer of 116 contract(s) at a $380.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $81.3K, with a price of $705.0 per contract. There were 13842 open contracts at this strike prior to today, and today 83087 contract(s) were bought and sold.
• For PDD (NASDAQ:PDD), we notice a call option sweep that happens to be bearish, expiring in 29 day(s) on January 31, 2025. This event was a transfer of 1428 contract(s) at a $120.00 strike. This particular call needed to be split into 77 different trades to become filled. The total cost received by the writing party (or parties) was $54.4K, with a price of $38.0 per contract. There were 2142 open contracts at this strike prior to today, and today 1541 contract(s) were bought and sold.
• For MTN (NYSE:MTN), we notice a call option trade that happens to be bullish, expiring in 50 day(s) on February 21, 2025. This event was a transfer of 200 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $142.0K, with a price of $710.0 per contract. There were 3 open contracts at this strike prior to today, and today 706 contract(s) were bought and sold.
• Regarding BABA (NYSE:BABA), we observe a call option sweep with neutral sentiment. It expires in 50 day(s) on February 21, 2025. Parties traded 100 contract(s) at a $75.00 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 $113.8K, with a price of $1139.0 per contract. There were 1338 open contracts at this strike prior to today, and today 703 contract(s) were bought and sold.
• Regarding AMZN (NASDAQ:AMZN), we observe a put option sweep with bullish sentiment. It expires in 105 day(s) on April 17, 2025. Parties traded 38 contract(s) at a $230.00 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 $69.7K, with a price of $1835.0 per contract. There were 1037 open contracts at this strike prior to today, and today 297 contract(s) were bought and sold.
• Regarding GME (NYSE:GME), we observe a put option trade with bearish sentiment. It expires in 379 day(s) on January 16, 2026. Parties traded 6 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $57.7K, with a price of $9630.0 per contract. There were 5070 open contracts at this strike prior to today, and today 242 contract(s) were bought and sold.
• For HLT (NYSE:HLT), we notice a call option trade that happens to be bearish, expiring in 15 day(s) on January 17, 2025. This event was a transfer of 31 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $83.0K, with a price of $2678.0 per contract. There were 5012 open contracts at this strike prior to today, and today 33 contract(s) were bought and sold.
• Regarding NKE (NYSE:NKE), we observe a call option trade with bearish sentiment. It expires in 379 day(s) on January 16, 2026. Parties traded 21 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $38.5K, with a price of $1835.0 per contract. There were 814 open contracts at this strike prior to today, and today 26 contract(s) were bought and sold.
• Regarding CAVA (NYSE:CAVA), we observe a call option trade with neutral sentiment. It expires in 743 day(s) on January 15, 2027. Parties traded 10 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $37.9K, with a price of $3790.0 per contract. There were 205 open contracts at this strike prior to today, and today 10 contract(s) were bought and sold.
• For BKNG (NASDAQ:BKNG), we notice a put option trade that happens to be bearish, expiring in 50 day(s) on February 21, 2025. This event was a transfer of 3 contract(s) at a $4915.00 strike. The total cost received by the writing party (or parties) was $47.1K, with a price of $15700.0 per contract. There were 4 open contracts at this strike prior to today, and today 3 contract(s) were bought and sold.
Options Alert Terminology - Call Contracts: The right to buy shares as indicated in the contract. - Put Contracts: The right to sell shares as indicated in the contract. - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. - Premium/Option Price: The price of the contract.
For more information, visit our Guide to Understanding Options Alerts or read more about unusual options activity.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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