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 BEARISH 09/25/26 $380.00 $30.3K 3.5K 46.2K
PZZA CALL SWEEP BEARISH 11/20/26 $20.00 $34.0K 15 5.9K
GME CALL TRADE BULLISH 01/15/27 $25.00 $29.9K 50.2K 2.5K
MELI CALL TRADE BEARISH 01/15/27 $1780.00 $31.2K 51 72
RCL PUT TRADE BEARISH 09/17/27 $260.00 $44.5K 12 33
AMZN CALL TRADE BEARISH 12/15/28 $270.00 $28.7K 1.2K 29
MCD PUT TRADE BEARISH 01/19/29 $230.00 $25.0K 232 20
HLT CALL TRADE BULLISH 03/19/27 $330.00 $35.9K 56 20

Explanation

These itemized elaborations have been created using the accompanying table.

• For TSLA (NASDAQ:TSLA), we notice a put option sweep that happens to be bearish, expiring in 1 day(s) on September 25, 2026. This event was a transfer of 100 contract(s) at a $380.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $30.3K, with a price of $303.0 per contract. There were 3557 open contracts at this strike prior to today, and today 46251 contract(s) were bought and sold.

• For PZZA (NASDAQ:PZZA), we notice a call option sweep that happens to be bearish, expiring in 57 day(s) on November 20, 2026. This event was a transfer of 151 contract(s) at a $20.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $34.0K, with a price of $225.0 per contract. There were 15 open contracts at this strike prior to today, and today 5932 contract(s) were bought and sold.

• For GME (NYSE:GME), we notice a call option trade that happens to be bullish, expiring in 113 day(s) on January 15, 2027. This event was a transfer of 100 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $29.9K, with a price of $299.0 per contract. There were 50235 open contracts at this strike prior to today, and today 2510 contract(s) were bought and sold.

• For MELI (NASDAQ:MELI), we notice a call option trade that happens to be bearish, expiring in 113 day(s) on January 15, 2027. This event was a transfer of 2 contract(s) at a $1780.00 strike. The total cost received by the writing party (or parties) was $31.2K, with a price of $15600.0 per contract. There were 51 open contracts at this strike prior to today, and today 72 contract(s) were bought and sold.

• For RCL (NYSE:RCL), we notice a put option trade that happens to be bearish, expiring in 358 day(s) on September 17, 2027. This event was a transfer of 9 contract(s) at a $260.00 strike. The total cost received by the writing party (or parties) was $44.5K, with a price of $4950.0 per contract. There were 12 open contracts at this strike prior to today, and today 33 contract(s) were bought and sold.

• For AMZN (NASDAQ:AMZN), we notice a call option trade that happens to be bearish, expiring in 813 day(s) on December 15, 2028. This event was a transfer of 5 contract(s) at a $270.00 strike. The total cost received by the writing party (or parties) was $28.7K, with a price of $5750.0 per contract. There were 1250 open contracts at this strike prior to today, and today 29 contract(s) were bought and sold.

• For MCD (NYSE:MCD), we notice a put option trade that happens to be bearish, expiring in 848 day(s) on January 19, 2029. This event was a transfer of 10 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $2500.0 per contract. There were 232 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold.

• For HLT (NYSE:HLT), we notice a call option trade that happens to be bullish, expiring in 176 day(s) on March 19, 2027. This event was a transfer of 19 contract(s) at a $330.00 strike. The total cost received by the writing party (or parties) was $35.9K, with a price of $1890.0 per contract. There were 56 open contracts at this strike prior to today, and today 20 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.