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 BULLISH 08/31/26 $365.00 $35.7K 7.4K 295.2K
BABA PUT SWEEP BEARISH 09/04/26 $115.00 $62.7K 2.9K 2.6K
NKE PUT TRADE BEARISH 04/16/27 $35.00 $88.5K 43 309
GME PUT TRADE BEARISH 12/15/28 $40.00 $75.9K 42 287
AMZN CALL TRADE NEUTRAL 09/02/26 $235.00 $25.7K 24 216
PDD CALL SWEEP BULLISH 09/17/27 $130.00 $28.6K 10.0K 194
XPEV PUT TRADE NEUTRAL 01/21/28 $13.00 $41.8K 2.4K 110
FND CALL SWEEP BEARISH 01/21/28 $55.00 $59.7K 3.8K 100
W CALL TRADE BEARISH 11/20/26 $97.50 $39.1K 339 0

Explanation

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

• For TSLA (NASDAQ:TSLA), we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 161 contract(s) at a $365.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $35.7K, with a price of $225.0 per contract. There were 7458 open contracts at this strike prior to today, and today 295269 contract(s) were bought and sold.

• Regarding BABA (NYSE:BABA), we observe a put option sweep with bearish sentiment. It expires in 4 day(s) on September 4, 2026. Parties traded 288 contract(s) at a $115.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $62.7K, with a price of $218.0 per contract. There were 2982 open contracts at this strike prior to today, and today 2610 contract(s) were bought and sold.

• Regarding NKE (NYSE:NKE), we observe a put option trade with bearish sentiment. It expires in 228 day(s) on April 16, 2027. Parties traded 295 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $88.5K, with a price of $300.0 per contract. There were 43 open contracts at this strike prior to today, and today 309 contract(s) were bought and sold.

• Regarding GME (NYSE:GME), we observe a put option trade with bearish sentiment. It expires in 837 day(s) on December 15, 2028. Parties traded 35 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $75.9K, with a price of $2170.0 per contract. There were 42 open contracts at this strike prior to today, and today 287 contract(s) were bought and sold.

• Regarding AMZN (NASDAQ:AMZN), we observe a call option trade with neutral sentiment. It expires in 2 day(s) on September 2, 2026. Parties traded 10 contract(s) at a $235.00 strike. The total cost received by the writing party (or parties) was $25.7K, with a price of $2579.0 per contract. There were 24 open contracts at this strike prior to today, and today 216 contract(s) were bought and sold.

• Regarding PDD (NASDAQ:PDD), we observe a call option sweep with bullish sentiment. It expires in 382 day(s) on September 17, 2027. Parties traded 83 contract(s) at a $130.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $28.6K, with a price of $345.0 per contract. There were 10002 open contracts at this strike prior to today, and today 194 contract(s) were bought and sold.

• For XPEV (NYSE:XPEV), we notice a put option trade that happens to be neutral, expiring in 508 day(s) on January 21, 2028. This event was a transfer of 110 contract(s) at a $13.00 strike. The total cost received by the writing party (or parties) was $41.8K, with a price of $380.0 per contract. There were 2495 open contracts at this strike prior to today, and today 110 contract(s) were bought and sold.

• For FND (NYSE:FND), we notice a call option sweep that happens to be bearish, expiring in 508 day(s) on January 21, 2028. This event was a transfer of 58 contract(s) at a $55.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $59.7K, with a price of $1031.0 per contract. There were 3807 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold.

• Regarding W (NYSE:W), we observe a call option trade with bearish sentiment. It expires in 81 day(s) on November 20, 2026. Parties traded 34 contract(s) at a $97.50 strike. The total cost received by the writing party (or parties) was $39.1K, with a price of $1150.0 per contract. There were 339 open contracts at this strike prior to today, and today 0 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.