10 Consumer Discretionary Stocks With Whale Alerts In Today’s Session – Chewy (NYSE:CHWY), Amazon.com (NASDAQ:AMZN)

Whales, entities with substantial amounts of money, are closely monitored by traders for potential trading opportunities. Benzinga tracks the transactions of these whales through our options activity scanner. Traders keep an eye out for situations where the market value of an option significantly differs from its usual price, which can lead to option prices being either overvalued or undervalued due to high trading activity.

Here are some recent instances of options activity in the Consumer Discretionary sector:

– TSLA: A bullish call option sweep expiring on June 28, 2024, involving 400 contracts at a $200.00 strike, with a total cost of $43.2K.
– AMZN: A bullish call option sweep expiring on July 5, 2024, involving 583 contracts at a $200.00 strike, with a total cost of $154.3K.
– CHWY: A bearish call option sweep expiring on June 28, 2024, involving 316 contracts at a $45.00 strike, with a total cost of $32.2K.
– LVS: A bullish put option sweep expiring on July 5, 2024, involving 156 contracts at a $45.50 strike, with a total cost of $26.9K.
– PDD: A bullish call option sweep expiring on August 2, 2024, involving 60 contracts at a $125.00 strike, with a total cost of $63.9K.

These examples demonstrate the different types of options activity happening in the market, providing valuable insights for traders looking to capitalize on potential opportunities. Be sure to understand the terminology associated with options alerts, such as call contracts, put contracts, expiration dates, and option prices. For more information, explore our Guide to Understanding Options Alerts or stay updated on unusual options activity in the news. This article was created by Benzinga’s automated content engine and reviewed by an editor.