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.
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 | CALL | SWEEP | NEUTRAL | 04/06/26 | $350.00 | $27.4K | 1.1K | 54.4K |
| PTON | CALL | SWEEP | BULLISH | 05/15/26 | $5.00 | $57.2K | 30.6K | 2.8K |
| DKNG | PUT | SWEEP | BULLISH | 04/10/26 | $23.00 | $28.9K | 1.9K | 1.8K |
| AMZN | PUT | SWEEP | NEUTRAL | 07/17/26 | $190.00 | $31.9K | 6.1K | 517 |
| BABA | PUT | TRADE | BEARISH | 05/15/26 | $120.00 | $47.7K | 7.2K | 221 |
| JD | PUT | TRADE | NEUTRAL | 04/17/26 | $31.00 | $62.1K | 4.5K | 184 |
| WYNN | PUT | SWEEP | BEARISH | 04/17/26 | $102.00 | $28.1K | 86 | 121 |
| BKNG | PUT | SWEEP | BULLISH | 07/17/26 | $188.00 | $136.0K | 0 | 83 |
| ULTA | CALL | SWEEP | BULLISH | 04/17/26 | $565.00 | $27.8K | 667 | 50 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA (NASDAQ:TSLA), we notice a call option sweep that happens to be neutral, is expiring today. Parties traded 306 contract(s) at a $350.00 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 $27.4K, with a price of $90.0 per contract. There were 1159 open contracts at this strike prior to today, and today 54421 contract(s) were bought and sold.
• For PTON (NASDAQ:PTON), we notice a call option sweep that happens to be bullish, expiring in 39 day(s) on May 15, 2026. This event was a transfer of 994 contract(s) at a $5.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $57.2K, with a price of $57.0 per contract. There were 30679 open contracts at this strike prior to today, and today 2853 contract(s) were bought and sold.
• Regarding DKNG (NASDAQ:DKNG), we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on April 10, 2026. Parties traded 482 contract(s) at a $23.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $28.9K, with a price of $60.0 per contract. There were 1947 open contracts at this strike prior to today, and today 1802 contract(s) were bought and sold.
• Regarding AMZN (NASDAQ:AMZN), we observe a put option sweep with neutral sentiment. It expires in 102 day(s) on July 17, 2026. Parties traded 44 contract(s) at a $190.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $31.9K, with a price of $725.0 per contract. There were 6162 open contracts at this strike prior to today, and today 517 contract(s) were bought and sold.
• Regarding BABA (NYSE:BABA), we observe a put option trade with bearish sentiment. It expires in 39 day(s) on May 15, 2026. Parties traded 91 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $47.7K, with a price of $525.0 per contract. There were 7254 open contracts at this strike prior to today, and today 221 contract(s) were bought and sold.
• For JD (NASDAQ:JD), we notice a put option trade that happens to be neutral, expiring in 11 day(s) on April 17, 2026. This event was a transfer of 180 contract(s) at a $31.00 strike. The total cost received by the writing party (or parties) was $62.1K, with a price of $345.0 per contract. There were 4517 open contracts at this strike prior to today, and today 184 contract(s) were bought and sold.
• For WYNN (NASDAQ:WYNN), we notice a put option sweep that happens to be bearish, expiring in 11 day(s) on April 17, 2026. This event was a transfer of 94 contract(s) at a $102.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $28.1K, with a price of $300.0 per contract. There were 86 open contracts at this strike prior to today, and today 121 contract(s) were bought and sold.
• For BKNG (NASDAQ:BKNG), we notice a put option sweep that happens to be bullish, expiring in 102 day(s) on July 17, 2026. This event was a transfer of 58 contract(s) at a $188.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $136.0K, with a price of $2361.0 per contract. There were 0 open contracts at this strike prior to today, and today 83 contract(s) were bought and sold.
• For ULTA (NASDAQ:ULTA), we notice a call option sweep that happens to be bullish, expiring in 11 day(s) on April 17, 2026. This event was a transfer of 50 contract(s) at a $565.00 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 $27.8K, with a price of $556.0 per contract. There were 667 open contracts at this strike prior to today, and today 50 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 news on unusual options activity.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Login to comment