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 BULLISH 05/15/26 $360.00 $58.6K 6.2K 3.7K
ONON PUT SWEEP BEARISH 09/18/26 $30.00 $149.7K 113 1.8K
PVH PUT SWEEP BEARISH 04/17/26 $70.00 $27.5K 63 582
AMZN CALL SWEEP BULLISH 08/21/26 $230.00 $206.6K 3.8K 355
HD CALL SWEEP BULLISH 04/17/26 $327.50 $215.6K 1 324
GT PUT TRADE BULLISH 05/15/26 $9.00 $30.6K 0 127
MCD CALL SWEEP NEUTRAL 01/15/27 $300.00 $125.2K 568 51
ULTA PUT TRADE BULLISH 01/15/27 $390.00 $28.3K 141 31
MELI CALL TRADE BEARISH 04/02/26 $1640.00 $51.9K 7 30
SBUX PUT SWEEP BULLISH 01/15/27 $95.00 $36.1K 2.4K 27

Explanation

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

• Regarding TSLA (NASDAQ:TSLA), we observe a put option sweep with bullish sentiment. It expires in 49 day(s) on May 15, 2026. Parties traded 25 contract(s) at a $360.00 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 $58.6K, with a price of $2347.0 per contract. There were 6210 open contracts at this strike prior to today, and today 3713 contract(s) were bought and sold.

• Regarding ONON (NYSE:ONON), we observe a put option sweep with bearish sentiment. It expires in 175 day(s) on September 18, 2026. Parties traded 447 contract(s) at a $30.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $149.7K, with a price of $335.0 per contract. There were 113 open contracts at this strike prior to today, and today 1885 contract(s) were bought and sold.

• Regarding PVH (NYSE:PVH), we observe a put option sweep with bearish sentiment. It expires in 21 day(s) on April 17, 2026. Parties traded 43 contract(s) at a $70.00 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 $27.5K, with a price of $640.0 per contract. There were 63 open contracts at this strike prior to today, and today 582 contract(s) were bought and sold.

• Regarding AMZN (NASDAQ:AMZN), we observe a call option sweep with bullish sentiment. It expires in 147 day(s) on August 21, 2026. Parties traded 212 contract(s) at a $230.00 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 $206.6K, with a price of $975.0 per contract. There were 3894 open contracts at this strike prior to today, and today 355 contract(s) were bought and sold.

• For HD (NYSE:HD), we notice a call option sweep that happens to be bullish, expiring in 21 day(s) on April 17, 2026. This event was a transfer of 241 contract(s) at a $327.50 strike. This particular call needed to be split into 39 different trades to become filled. The total cost received by the writing party (or parties) was $215.6K, with a price of $895.0 per contract. There were 1 open contracts at this strike prior to today, and today 324 contract(s) were bought and sold.

• Regarding GT (NASDAQ:GT), we observe a put option trade with bullish sentiment. It expires in 49 day(s) on May 15, 2026. Parties traded 125 contract(s) at a $9.00 strike. The total cost received by the writing party (or parties) was $30.6K, with a price of $245.0 per contract. There were 0 open contracts at this strike prior to today, and today 127 contract(s) were bought and sold.

• For MCD (NYSE:MCD), we notice a call option sweep that happens to be neutral, expiring in 294 day(s) on January 15, 2027. This event was a transfer of 40 contract(s) at a $300.00 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 $125.2K, with a price of $3130.0 per contract. There were 568 open contracts at this strike prior to today, and today 51 contract(s) were bought and sold.

• Regarding ULTA (NASDAQ:ULTA), we observe a put option trade with bullish sentiment. It expires in 294 day(s) on January 15, 2027. Parties traded 13 contract(s) at a $390.00 strike. The total cost received by the writing party (or parties) was $28.3K, with a price of $2180.0 per contract. There were 141 open contracts at this strike prior to today, and today 31 contract(s) were bought and sold.

• For MELI (NASDAQ:MELI), we notice a call option trade that happens to be bearish, expiring in 6 day(s) on April 2, 2026. This event was a transfer of 30 contract(s) at a $1640.00 strike. The total cost received by the writing party (or parties) was $51.9K, with a price of $1730.0 per contract. There were 7 open contracts at this strike prior to today, and today 30 contract(s) were bought and sold.

• For SBUX (NASDAQ:SBUX), we notice a put option sweep that happens to be bullish, expiring in 294 day(s) on January 15, 2027. This event was a transfer of 24 contract(s) at a $95.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $36.1K, with a price of $1506.0 per contract. There were 2489 open contracts at this strike prior to today, and today 27 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, read more about unusual options activity.

This article was generated by Benzinga's automated content engine and reviewed by an editor.