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BEARISH Unusual option activity detected for American Tower Corporation (REI Ticker: AMT by Market Action App

Monday, 11.15.2021

80 contracts traded for AMT $260 strike puts for expiration 12/17/21 with open interest of (229) when the shares were trading at 260.84.

AMT $260 strike puts for 12/17/21 expiration

Option Flow Order Summary

  • Size: 80
  • Sentiment: BEARISH
  • Estimated Cost Per Contract: 54,400
  • Estimated Premium Value: $54K
  • Volume: 7
  • Open Interest: 229
  • Contract Close Price: 272.10
  • Stock Price at Trade: 260.84
  • Market Action Score: 86.67% Bearish

Why is this an Unusual Option Activity?

  • The Trade Volume is above Open Interest of (229).
  • The order flow was detected as a sweep.
  • The Stock has earnings coming up. – 2021-10-28

Stock Technical Information

  • Stock Levels: Last Close: 272.10 , Points Change: -11.46, % Change: ⬇️ -4.21%
  • Today’s Volume: 426K (10 Days average: 1.03M)
  • Price Levels to consider for tomorrow:

    • Resistance 2: 275.47
    • Resistance 1: 274.35
    • Pivot Point: 272.97
    • Support 1: 270.73
    • Support 2: 270.04
  • Stock is below 10 SMA: 278.13
  • Stock is below 20 SMA: 279.33
  • Stock is below 50 SMA: 279.72
  • Stock is below 100 SMA: 280.10
  • 52 Week High: 304

Stock chart for AMT (1 day)


Helpful Info

How is options trade sentiment calculated?

Bullish: Options trades are considered having a “bullish sentiment” when a “call option” is purchased at/near ask price or a “put option” is sold at/near bid price. The buyer or seller of the options is expecting the option, or any financial instrument, will increase in price.

Bearish: Options are “bearish sentiment” when a call option is sold at/near bid price or a put option is bought at/near ask price. The buyer or seller of the options is expecting the option, or any financial instrument, will decrease in price.

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