I'm LongbridgeAI, I can summarize articles.Benzinga tracked significant options activity in the Consumer Discretionary sector, highlighting 'whale' trades for stocks including TSLA, W, DKNG, AMZN, EXPE, CMG, RSI, GME, and KMX. The report details specific put and call sweeps or trades, noting sentiments such as bullish or bearish outlooks, expiration dates, strike prices, and trading volumes to help traders identify potential opportunities based on large institutional transactions.
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 will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated 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 | 09/30/26 | $352.50 | $29.4K | 2.4K | 61.3K |
| W | CALL | TRADE | BULLISH | 01/15/27 | $115.00 | $2.0 million | 946 | 2.5K |
| DKNG | PUT | TRADE | BEARISH | 10/02/26 | $22.50 | $310.4K | 2.2K | 2.0K |
| AMZN | PUT | SWEEP | BULLISH | 11/20/26 | $240.00 | $45.6K | 10.3K | 1.9K |
| EXPE | CALL | SWEEP | BULLISH | 10/16/26 | $270.00 | $48.8K | 155 | 969 |
| CMG | PUT | TRADE | BULLISH | 01/21/28 | $25.00 | $29.6K | 2.6K | 763 |
| RSI | PUT | TRADE | BEARISH | 10/16/26 | $30.00 | $29.8K | 5.7K | 665 |
| GME | CALL | SWEEP | BEARISH | 01/21/28 | $20.00 | $150.0K | 18.5K | 235 |
| KMX | PUT | SWEEP | BEARISH | 01/21/28 | $60.00 | $57.6K | 68 | 170 |
| NKE | CALL | TRADE | BULLISH | 10/16/26 | $33.00 | $34.6K | 100 | 101 |
Explanation
These bullet-by-bullet explanations have been constructed 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 30, 2026. This event was a transfer of 100 contract(s) at a $352.50 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $29.4K, with a price of $295.0 per contract. There were 2473 open contracts at this strike prior to today, and today 61321 contract(s) were bought and sold.
• For W (NYSE:W), we notice a call option trade that happens to be bullish, expiring in 108 day(s) on January 15, 2027. This event was a transfer of 2500 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $2.0 million, with a price of $805.0 per contract. There were 946 open contracts at this strike prior to today, and today 2500 contract(s) were bought and sold.
• For DKNG (NASDAQ:DKNG), we notice a put option trade that happens to be bearish, expiring in 3 day(s) on October 2, 2026. This event was a transfer of 1350 contract(s) at a $22.50 strike. The total cost received by the writing party (or parties) was $310.4K, with a price of $230.0 per contract. There were 2200 open contracts at this strike prior to today, and today 2036 contract(s) were bought and sold.
• For AMZN (NASDAQ:AMZN), we notice a put option sweep that happens to be bullish, expiring in 52 day(s) on November 20, 2026. This event was a transfer of 46 contract(s) at a $240.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $45.6K, with a price of $992.0 per contract. There were 10303 open contracts at this strike prior to today, and today 1995 contract(s) were bought and sold.
• Regarding EXPE (NASDAQ:EXPE), we observe a call option sweep with bullish sentiment. It expires in 17 day(s) on October 16, 2026. Parties traded 66 contract(s) at a $270.00 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 $48.8K, with a price of $740.0 per contract. There were 155 open contracts at this strike prior to today, and today 969 contract(s) were bought and sold.
• Regarding CMG (NYSE:CMG), we observe a put option trade with bullish sentiment. It expires in 479 day(s) on January 21, 2028. Parties traded 141 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $29.6K, with a price of $210.0 per contract. There were 2642 open contracts at this strike prior to today, and today 763 contract(s) were bought and sold.
• Regarding RSI (NYSE:RSI), we observe a put option trade with bearish sentiment. It expires in 17 day(s) on October 16, 2026. Parties traded 30 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $29.8K, with a price of $995.0 per contract. There were 5783 open contracts at this strike prior to today, and today 665 contract(s) were bought and sold.
• For GME (NYSE:GME), we notice a call option sweep that happens to be bearish, expiring in 479 day(s) on January 21, 2028. This event was a transfer of 200 contract(s) at a $20.00 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 $150.0K, with a price of $750.0 per contract. There were 18582 open contracts at this strike prior to today, and today 235 contract(s) were bought and sold.
• For KMX (NYSE:KMX), we notice a put option sweep that happens to be bearish, expiring in 479 day(s) on January 21, 2028. This event was a transfer of 50 contract(s) at a $60.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $57.6K, with a price of $1154.0 per contract. There were 68 open contracts at this strike prior to today, and today 170 contract(s) were bought and sold.
• For NKE (NYSE:NKE), we notice a call option trade that happens to be bullish, expiring in 17 day(s) on October 16, 2026. This event was a transfer of 100 contract(s) at a $33.00 strike. The total cost received by the writing party (or parties) was $34.6K, with a price of $346.0 per contract. There were 100 open contracts at this strike prior to today, and today 101 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.