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	02/23/26	$395.00	$45.0K	4.3K	49.7K
AMZN	CALL	SWEEP	BEARISH	05/15/26	$200.00	$60.8K	10.8K	1.6K
NKE	CALL	SWEEP	BULLISH	04/17/26	$67.50	$33.3K	3.0K	999
PDD	CALL	SWEEP	BULLISH	05/15/26	$110.00	$34.7K	1.1K	427
DKNG	PUT	SWEEP	BULLISH	03/20/26	$21.00	$101.6K	0	45
LULU	CALL	TRADE	BULLISH	05/15/26	$100.00	$78.5K	46	41
BKNG	CALL	SWEEP	BULLISH	09/18/26	$4400.00	$612.5K	9	27

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, is expiring today. Parties traded 450 contract(s) at a $395.00 strike. This particular put needed to be split into 57 different trades to become filled. The total cost received by the writing party (or parties) was $45.0K, with a price of $101.0 per contract. There were 4305 open contracts at this strike prior to today, and today 49719 contract(s) were bought and sold.

• Regarding AMZN (NASDAQ:AMZN), we observe a call option sweep with bearish sentiment. It expires in 81 day(s) on May 15, 2026. Parties traded 34 contract(s) at a $200.00 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 $60.8K, with a price of $1791.0 per contract. There were 10862 open contracts at this strike prior to today, and today 1617 contract(s) were bought and sold.

• Regarding NKE (NYSE:NKE), we observe a call option sweep with bullish sentiment. It expires in 53 day(s) on April 17, 2026. Parties traded 171 contract(s) at a $67.50 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $33.3K, with a price of $195.0 per contract. There were 3091 open contracts at this strike prior to today, and today 999 contract(s) were bought and sold.

• For PDD (NASDAQ:PDD), we notice a call option sweep that happens to be bullish, expiring in 81 day(s) on May 15, 2026. This event was a transfer of 51 contract(s) at a $110.00 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 $34.7K, with a price of $683.0 per contract. There were 1123 open contracts at this strike prior to today, and today 427 contract(s) were bought and sold.

• Regarding DKNG (NASDAQ:DKNG), we observe a put option sweep with bullish sentiment. It expires in 25 day(s) on March 20, 2026. Parties traded 782 contract(s) at a $21.00 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 $101.6K, with a price of $130.0 per contract. There were 0 open contracts at this strike prior to today, and today 45 contract(s) were bought and sold.

• Regarding LULU (NASDAQ:LULU), we observe a call option trade with bullish sentiment. It expires in 81 day(s) on May 15, 2026. Parties traded 10 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $78.5K, with a price of $7852.0 per contract. There were 46 open contracts at this strike prior to today, and today 41 contract(s) were bought and sold.

• Regarding BKNG (NASDAQ:BKNG), we observe a call option sweep with bullish sentiment. It expires in 207 day(s) on September 18, 2026. Parties traded 25 contract(s) at a $4400.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $612.5K, with a price of $24500.0 per contract. There were 9 open contracts at this strike prior to today, and today 27 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, visit our Guide to Understanding Options Alerts or read more news on unusual options activity.

This article was generated by Benzinga's automated content engine and reviewed by an editor.