10 Consumer Discretionary Stocks Whale Activity in Today's Session

This whale alert can help traders discover the next big trading opportunities.

Whales are big money entities and we track their transactions here at Benzinga on our options activity scanner.

Traders often look for circumstances where the market estimate of an option deviates from its normal value. Abnormal amounts of trading activity could drive option prices to hyperbolic or underperforming levels.

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

Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume TSLA PUT TRADE BULLISH 12/08/22 $870.00 $102,400 3.4K 38.5K BABA CALL TRADE BEARISH 12/08/22 $95.00 $29.6K 6.1K 7.4K SOUND CALL SWEEP BEARISH 12/16/22 $5.00 $27,300 8.0K 7.3K HD CALL TRADE BEARISH 08/19/22 $295.00 $34.3,000 1.0K 533 DASH CALL TRADE BULLISH 01/20/23 $90.00 $33,600 1.4K 419 LI PUT SWEEP BEARISH 01/20/23 $42.00 $285.7K 508 261 NIO PUT SWEEP NEUTRAL 12/08/22 $23.00 $36,600 119 242 AMZN CALL TRADE NEUTRAL 09/23/22 $145.00 $26,600 230 215 DOWN PUT SWEEP BEARISH 08/26/22 $202.50 $27,000 0 41 SDKs CALL TRADE BULLISH 01/20/23 $80.00 $61,200 241 25

These bullet-by-bullet explanations have been constructed using the attached table.

• Regarding TSLA TSLA, we see a trade in put options with bullish sentiment. It expires in 1 day(s) on August 12, 2022. The parties exchanged 94 contract(s) during an $870.00 strike. The total cost received by the drafting party (or parties) was $102,400, with a price of $1,090.0 per contract. There were 3486 contracts open during this strike before today, and today 38500 contracts were bought and sold.

• For BABA BABA, we notice a call option trade which happens to be bearish, expiring in 1 day(s) on August 12, 2022. This event was a transfer of 200 contract(s) during a $95.00 strike. The total cost received by the drafting party (or parties) was $29,600, with a price of $148.0 per contract. There were 6126 contracts open during this strike before today, and today 7497 contracts were bought and sold.

• Regarding SOND SOND, we are seeing a sweep of call options with bearish sentiment. It expires in 127 day(s) on December 16, 2022. The parties traded 1820 contract(s) during a $5.00 strike. This particular call had to be split into 6 different trades to be filled. The total cost received by the brief...