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
QS CALL SWEEP BEARISH 01/15/27 $20.00 $43.0K 19.8K 1.3K
SG CALL SWEEP BULLISH 01/15/27 $5.00 $30.0K 6.2K 104
AMZN CALL SWEEP NEUTRAL 09/18/26 $250.00 $47.3K 3.0K 63
PDD CALL TRADE BEARISH 12/18/26 $60.00 $123.4K 49 20
SBUX CALL TRADE BULLISH 05/15/26 $85.00 $41.2K 407 0

Explanation

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

• For QS (NASDAQ:QS), we notice a call option sweep that happens to be bearish, expiring in 249 day(s) on January 15, 2027. This event was a transfer of 100 contract(s) at a $20.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $43.0K, with a price of $430.0 per contract. There were 19854 open contracts at this strike prior to today, and today 1394 contract(s) were bought and sold.

• For SG (NYSE:SG), we notice a call option sweep that happens to be bullish, expiring in 249 day(s) on January 15, 2027. This event was a transfer of 93 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 $30.0K, with a price of $324.0 per contract. There were 6295 open contracts at this strike prior to today, and today 104 contract(s) were bought and sold.

• Regarding AMZN (NASDAQ:AMZN), we observe a call option sweep with neutral sentiment. It expires in 130 day(s) on September 18, 2026. Parties traded 20 contract(s) at a $250.00 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 $47.3K, with a price of $2365.0 per contract. There were 3015 open contracts at this strike prior to today, and today 63 contract(s) were bought and sold.

• For PDD (NASDAQ:PDD), we notice a call option trade that happens to be bearish, expiring in 221 day(s) on December 18, 2026. This event was a transfer of 20 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $123.4K, with a price of $6170.0 per contract. There were 49 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold.

• For SBUX (NASDAQ:SBUX), we notice a call option trade that happens to be bullish, expiring in 4 day(s) on May 15, 2026. This event was a transfer of 50 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $41.2K, with a price of $825.0 per contract. There were 407 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.