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 09/30/26 $350.00 $43.4K 1.2K 191.1K
SHOE PUT TRADE NEUTRAL 10/16/26 $17.50 $26.3K 16.2K 7.7K
GME PUT TRADE BULLISH 01/19/29 $3.00 $25.5K 10 1.7K
QS CALL TRADE BULLISH 01/21/28 $12.00 $44.1K 6.8K 796
BABA PUT TRADE BULLISH 11/20/26 $110.00 $540.0K 6.2K 776
MCD CALL SWEEP BULLISH 11/20/26 $240.00 $56.5K 1.4K 594
CCL CALL SWEEP BEARISH 12/18/26 $22.00 $156.9K 1.4K 462
RIVN CALL SWEEP BEARISH 06/17/27 $15.00 $67.4K 3.2K 200
SE PUT SWEEP BULLISH 01/21/28 $70.00 $38.6K 136 87
HD CALL TRADE BEARISH 05/21/27 $285.00 $29.2K 1 23

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 154 contract(s) at a $350.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $43.4K, with a price of $285.0 per contract. There were 1220 open contracts at this strike prior to today, and today 191116 contract(s) were bought and sold.

• For SHOE (NASDAQ:SHOE), we notice a put option trade that happens to be neutral, expiring in 16 day(s) on October 16, 2026. This event was a transfer of 53 contract(s) at a $17.50 strike. The total cost received by the writing party (or parties) was $26.3K, with a price of $498.0 per contract. There were 16245 open contracts at this strike prior to today, and today 7740 contract(s) were bought and sold.

• Regarding GME (NYSE:GME), we observe a put option trade with bullish sentiment. It expires in 842 day(s) on January 19, 2029. Parties traded 1700 contract(s) at a $3.00 strike. The total cost received by the writing party (or parties) was $25.5K, with a price of $15.0 per contract. There were 10 open contracts at this strike prior to today, and today 1726 contract(s) were bought and sold.

• For QS (NASDAQ:QS), we notice a call option trade that happens to be bullish, expiring in 478 day(s) on January 21, 2028. This event was a transfer of 700 contract(s) at a $12.00 strike. The total cost received by the writing party (or parties) was $44.1K, with a price of $63.0 per contract. There were 6842 open contracts at this strike prior to today, and today 796 contract(s) were bought and sold.

• Regarding BABA (NYSE:BABA), we observe a put option trade with bullish sentiment. It expires in 51 day(s) on November 20, 2026. Parties traded 750 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $540.0K, with a price of $720.0 per contract. There were 6287 open contracts at this strike prior to today, and today 776 contract(s) were bought and sold.

• For MCD (NYSE:MCD), we notice a call option sweep that happens to be bullish, expiring in 51 day(s) on November 20, 2026. This event was a transfer of 100 contract(s) at a $240.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $56.5K, with a price of $565.0 per contract. There were 1470 open contracts at this strike prior to today, and today 594 contract(s) were bought and sold.

• Regarding CCL (NYSE:CCL), we observe a call option sweep with bearish sentiment. It expires in 79 day(s) on December 18, 2026. Parties traded 430 contract(s) at a $22.00 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 $156.9K, with a price of $365.0 per contract. There were 1476 open contracts at this strike prior to today, and today 462 contract(s) were bought and sold.

• Regarding RIVN (NASDAQ:RIVN), we observe a call option sweep with bearish sentiment. It expires in 260 day(s) on June 17, 2027. Parties traded 200 contract(s) at a $15.00 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 $67.4K, with a price of $337.0 per contract. There were 3226 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.

• For SE (NYSE:SE), we notice a put option sweep that happens to be bullish, expiring in 478 day(s) on January 21, 2028. This event was a transfer of 52 contract(s) at a $70.00 strike. This particular put needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $38.6K, with a price of $740.0 per contract. There were 136 open contracts at this strike prior to today, and today 87 contract(s) were bought and sold.

• Regarding HD (NYSE:HD), we observe a call option trade with bearish sentiment. It expires in 233 day(s) on May 21, 2027. Parties traded 10 contract(s) at a $285.00 strike. The total cost received by the writing party (or parties) was $29.2K, with a price of $2925.0 per contract. There were 1 open contracts at this strike prior to today, and today 23 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.