10 consumer discretionary stocks with whale scares 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 will look for circumstances where the market estimate of an option deviates significantly from its normal value. High volumes of trading activity could push option prices to overstated or understated levels.

Below are some examples of options activity in the consumer discretionary sector:

Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume TSLA CALL SWEEP BEARISH 09/23/22 $276.67 $44.9,000 1.0K 74.3K PTON PUT SWEEP BEARISH 09/23/22 $9.00 $60,000 4.0K 6.6K BYD PUT SWEEP BULLISH 12/16/22 $40.00 $105.6,000 1.8K 1.3K KMX CALL SWEEP BULLISH 11/18/22 $80.00 $76.5,000 2 1.2K BABA CALL TRADE BEARISH 11/18/22 $80.00 $31,500 four hundred ninety seven 669 SHORE PUT TRADE BULLISH 09/23/22 $35.00 $29,200 4.0K 592 CVNA CALL TRADE NEUTRAL 12/16/22 $45.00 $26,200 192 300 WYNN PUT SWEEP BULLISH 03/17/23 $55.00 $32,200 351 292 J.D. PUT SWEEP BEARISH 01/20/23 $38.76 $34.4,000 2.9K 267 AMZN PUT TRADE NEUTRAL 07/10/22 $125.00 $59,700 1.5K 203

These detailed elaborations were created using the attached table.

• For TSLA TSLA, we notice that a call option sweep that happens to be bearish expires today. The parties exchanged 501 contracts during a $276.67 strike. This particular call had to be split into 5 different trades to be filled. The total cost received by the drafting party(ies) was $44.9,000, with a price of $89.0 per contract. There were 1053 contracts open during this strike before today, and today 74392 contracts were bought and sold.

• For PTON PTON, we notice that a put option sweep that happens to be bearish expires today. The parties traded 1000 contracts in a $9.00 strike. This particular put had to be split into 3 different trades to be filled. The total cost received by the drafting party(ies) was $60,000, with a price of $60.0 per contract. There were 4028 contracts open during this strike before today, and today 6666 contracts were bought and sold.

• For BYD BYD, we notice a put option sweep which happens to be bullish, expiring in 84 day(s) on Dec 16, 2022. This event was a transfer of 640 contracts (s) ) during a $40.00 strike. This particular sale needed to be split into 34 different trades to be fulfilled. The total cost r...