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
NKE CALL SWEEP BEARISH 10/16/26 $47.50 $27.1K 3.5K 8.0K
STLA CALL SWEEP BULLISH 01/21/28 $5.00 $50.9K 1.8K 312
BKNG PUT TRADE BULLISH 09/17/27 $200.00 $33.6K 298 24
GTX CALL SWEEP NEUTRAL 01/15/27 $15.00 $39.1K 121 20
VIK CALL TRADE BULLISH 11/20/26 $75.00 $26.8K 36 10
HD CALL SWEEP BEARISH 12/15/28 $340.00 $25.8K 42 10

Explanation

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

• Regarding NKE (NYSE:NKE), we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on October 16, 2026. Parties traded 71 contract(s) at a $47.50 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 $27.1K, with a price of $382.0 per contract. There were 3510 open contracts at this strike prior to today, and today 8015 contract(s) were bought and sold.

• For STLA (NYSE:STLA), we notice a call option sweep that happens to be bullish, expiring in 472 day(s) on January 21, 2028. This event was a transfer of 200 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 $50.9K, with a price of $255.0 per contract. There were 1822 open contracts at this strike prior to today, and today 312 contract(s) were bought and sold.

• For BKNG (NASDAQ:BKNG), we notice a put option trade that happens to be bullish, expiring in 346 day(s) on September 17, 2027. This event was a transfer of 8 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $33.6K, with a price of $4208.0 per contract. There were 298 open contracts at this strike prior to today, and today 24 contract(s) were bought and sold.

• Regarding GTX (NASDAQ:GTX), we observe a call option sweep with neutral sentiment. It expires in 101 day(s) on January 15, 2027. Parties traded 20 contract(s) at a $15.00 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 $39.1K, with a price of $1960.0 per contract. There were 121 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold.

• For VIK (NYSE:VIK), we notice a call option trade that happens to be bullish, expiring in 45 day(s) on November 20, 2026. This event was a transfer of 10 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $26.8K, with a price of $2680.0 per contract. There were 36 open contracts at this strike prior to today, and today 10 contract(s) were bought and sold.

• Regarding HD (NYSE:HD), we observe a call option sweep with bearish sentiment. It expires in 801 day(s) on December 15, 2028. Parties traded 4 contract(s) at a $340.00 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 $25.8K, with a price of $6460.0 per contract. There were 42 open contracts at this strike prior to today, and today 10 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.