Options Activity Reveals Key Trading Opportunities in Consumer Sector

NEW YORK, April 4, 2025 — Recent trading data reveals significant movements in the options market, highlighting key opportunities for investors in the Consumer Discretionary sector. Increased call and put options activity, particularly with bearish and bullish sentiments, indicates a potential shift in market dynamics.

This week, Benzinga‘s options activity scanner noted notable transactions connected to popular stocks like Tesla (TSLA), Rivian (RIVN), and Amazon (AMZN). Specifically, a call option sweep for Tesla with bearish sentiment revealed that traders executed 151 contracts at a strike price of $180, resulting in a pooled transaction value of $37,700. This activity occurred ahead of the option’s expiration on May 10, 2024.

Similarly, Rivian’s recent call option sweep with bullish sentiment involved 1,430 contracts at a $12 strike, yielding a transaction worth $67,200. The options expire on May 17, 2024, reflecting a growing interest in the electric vehicle market as new models approach market release.

Other significant options activity was recorded for Coupang (CPNG), which saw bearish sentiment with 629 call contracts at a strike price of $23.50, generating a total of $51,600. This transaction is pertinent as it occurs within a broader context of retail and e-commerce performance amid fluctuating consumer demand.

Lucid Motors (LCID) displayed contrasting trends with a bullish put option sweep, involving 942 contracts at a $1.50 strike for a total consideration of $25,400. This option expires on November 15, 2024, suggesting investor optimism for the company’s future despite recent profitability concerns.

Meanwhile, Carvana (CVNA) observed a significant put option trade valued at $1.2 million for a strike price of $115. The activity involved 1,200 contracts, indicating strong possibilities for trader sentiment adjustments as the online used car market continues evolving.

General Motors (GM) saw a bearish call sweep with 1,326 contracts traded at a strike price of $55, accumulating $63,700. The option’s expiration on September 20, 2024, raises concerns about GM’s forthcoming sales forecasts against rising electric vehicle competition.

Sonos (SONO), with a bearish sentiment, transacted 795 contracts at a strike price of $17.50 valued at $91,500. The decision to split trades into 28 parts might suggest active management during the option’s life cycle, with an expiration near May 17, 2024.

Looking at the data, LAZR‘s bullish call option showed a total transaction of $31,400 over 605 contracts at $1.50 strike, turning heads toward future growth opportunities in the broader tech landscape as firms adapt to increasing automation demands.

Additionally, Alibaba (BABA) experienced bearish sentiment with a call sweep of 100 contracts priced at $295, totaling $29,200. The transaction highlights emerging concerns about international trade impacts on profitability ahead of its July 19, 2024, expiration date.

Amazon also revealed bearish trends reflected in a call option sweep involving 29 contracts at a $190 strike, amounting to $62,800 for the traders. As e-commerce giants continue their respective financial battles, these pivotal trades may signal trader expectations ahead of upcoming earnings reports.

Investors are advised to monitor these significant options activities closely, as they are indicative of larger market sentiments that can influence stock prices in the near term. Understanding each option’s expiration and the contrasting bullish and bearish trends is crucial. For more details on options trading, one can explore educational resources offered by financial service platforms.

For comprehensive stock metrics or to dive further into options trading analysis, visit Benzinga.