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 | PUT | SWEEP | NEUTRAL | 07/08/26 | $405.00 | $41.4K | 2.0K | 63.7K |
| RIVN | PUT | SWEEP | BEARISH | 07/10/26 | $16.50 | $58.6K | 995 | 10.9K |
| AMZN | PUT | SWEEP | BEARISH | 08/21/26 | $225.00 | $49.9K | 20.2K | 3.5K |
| BABA | CALL | SWEEP | BULLISH | 07/17/26 | $103.00 | $139.8K | 2.0K | 2.1K |
| LULU | PUT | SWEEP | BULLISH | 07/10/26 | $111.00 | $86.8K | 72 | 1.1K |
| MCD | CALL | SWEEP | BEARISH | 12/18/26 | $300.00 | $54.0K | 957 | 699 |
| QS | CALL | SWEEP | BEARISH | 01/21/28 | $7.00 | $30.5K | 10.5K | 258 |
| BKNG | PUT | SWEEP | BULLISH | 10/16/26 | $165.00 | $142.3K | 68 | 219 |
| SBUX | PUT | SWEEP | BULLISH | 08/21/26 | $105.00 | $92.5K | 706 | 170 |
| TJX | CALL | TRADE | BULLISH | 06/17/27 | $150.00 | $25.9K | 10 | 15 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA (NASDAQ:TSLA), we observe a put option sweep with neutral sentiment. It expires in 1 day(s) on July 8, 2026. Parties traded 104 contract(s) at a $405.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $41.4K, with a price of $397.0 per contract. There were 2074 open contracts at this strike prior to today, and today 63722 contract(s) were bought and sold.
• Regarding RIVN (NASDAQ:RIVN), we observe a put option sweep with bearish sentiment. It expires in 3 day(s) on July 10, 2026. Parties traded 2347 contract(s) at a $16.50 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 $58.6K, with a price of $25.0 per contract. There were 995 open contracts at this strike prior to today, and today 10930 contract(s) were bought and sold.
• For AMZN (NASDAQ:AMZN), we notice a put option sweep that happens to be bearish, expiring in 45 day(s) on August 21, 2026. This event was a transfer of 90 contract(s) at a $225.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $49.9K, with a price of $555.0 per contract. There were 20241 open contracts at this strike prior to today, and today 3532 contract(s) were bought and sold.
• Regarding BABA (NYSE:BABA), we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on July 17, 2026. Parties traded 999 contract(s) at a $103.00 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 $139.8K, with a price of $140.0 per contract. There were 2052 open contracts at this strike prior to today, and today 2192 contract(s) were bought and sold.
• For LULU (NASDAQ:LULU), we notice a put option sweep that happens to be bullish, expiring in 3 day(s) on July 10, 2026. This event was a transfer of 1156 contract(s) at a $111.00 strike. This particular put needed to be split into 43 different trades to become filled. The total cost received by the writing party (or parties) was $86.8K, with a price of $75.0 per contract. There were 72 open contracts at this strike prior to today, and today 1163 contract(s) were bought and sold.
• Regarding MCD (NYSE:MCD), we observe a call option sweep with bearish sentiment. It expires in 164 day(s) on December 18, 2026. Parties traded 47 contract(s) at a $300.00 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 $54.0K, with a price of $1150.0 per contract. There were 957 open contracts at this strike prior to today, and today 699 contract(s) were bought and sold.
• Regarding QS (NASDAQ:QS), we observe a call option sweep with bearish sentiment. It expires in 563 day(s) on January 21, 2028. Parties traded 100 contract(s) at a $7.00 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 $30.5K, with a price of $305.0 per contract. There were 10554 open contracts at this strike prior to today, and today 258 contract(s) were bought and sold.
• For BKNG (NASDAQ:BKNG), we notice a put option sweep that happens to be bullish, expiring in 101 day(s) on October 16, 2026. This event was a transfer of 195 contract(s) at a $165.00 strike. This particular put needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $142.3K, with a price of $730.0 per contract. There were 68 open contracts at this strike prior to today, and today 219 contract(s) were bought and sold.
• Regarding SBUX (NASDAQ:SBUX), we observe a put option sweep with bullish sentiment. It expires in 45 day(s) on August 21, 2026. Parties traded 161 contract(s) at a $105.00 strike. This particular put needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $92.5K, with a price of $575.0 per contract. There were 706 open contracts at this strike prior to today, and today 170 contract(s) were bought and sold.
• Regarding TJX (NYSE:TJX), we observe a call option trade with bullish sentiment. It expires in 345 day(s) on June 17, 2027. Parties traded 14 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $25.9K, with a price of $1855.0 per contract. There were 10 open contracts at this strike prior to today, and today 15 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.
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