2 Consumer Discretionary Stocks With Whale Alerts In Today’s Session
I'm LongbridgeAI, I can summarize articles.Benzinga identified whale alerts for two Consumer Discretionary stocks: AMZN and SBUX. Both exhibited bearish put option activity expiring January 15, 2027. Amazon (AMZN) saw a $32.6K put sweep at the $180 strike, while Starbucks (SBUX) recorded a $79.8K put trade at the $95 strike. These unusual options activities suggest potential downward pressure on the respective stock prices.
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.
Here's the list of options activity happening in today's session:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| AMZN | PUT | SWEEP | BEARISH | 01/15/27 | $180.00 | $32.6K | 9.6K | 205 |
| SBUX | PUT | TRADE | BEARISH | 01/15/27 | $95.00 | $79.8K | 1.8K | 62 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding AMZN (NASDAQ:AMZN), we observe a put option sweep with bearish sentiment. It expires in 151 day(s) on January 15, 2027. Parties traded 34 contract(s) at a $180.00 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 $32.6K, with a price of $960.0 per contract. There were 9600 open contracts at this strike prior to today, and today 205 contract(s) were bought and sold.
• For SBUX (NASDAQ:SBUX), we notice a put option trade that happens to be bearish, expiring in 151 day(s) on January 15, 2027. This event was a transfer of 60 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $79.8K, with a price of $1330.0 per contract. There were 1870 open contracts at this strike prior to today, and today 62 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.