Whale Alerts Indicate Aggressive Buying in Consumer Discretionary Stocks
A recent surge in unusual options activity has been detected by Benzinga's automated content engine. The activity is concentrated on six consumer discretionary stocks, including Home Depot (HD), D.R. Horton (DHI), Las Vegas Sands (LVS), Amazon (AMZN), McDonald's (MCD), and SRAD.
The options activity scanner has identified a total of 10 whale alerts across these six stocks. The alerts indicate that institutional traders are aggressively buying call options, with some trades being split into multiple transactions to become filled.
Among the notable trades, Home Depot (HD) saw a large bullish call option sweep, with 180 contracts traded at $340.00 strike price. D.R. Horton (DHI) also experienced a significant increase in open interest, with 121 call options traded at $160.00 strike price.