573 contracts traded for DKNG $48 strike calls for expiration 12/10/21 with open interest of (338) when the shares were trading at 39.68.
DKNG $48 strike calls for 12/10/21 expiration
Option Flow Order Summary
- Size: 573
- Sentiment: BEARISH
- Estimated Cost Per Contract: 26,988.30
- Estimated Premium Value: $28K
- Volume: 2,145
- Open Interest: 338
- Contract Close Price: 40.51
- Stock Price at Trade: 39.68
- Market Action Score: 93.33% Bearish
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
- The Stock has earnings coming up. – 2021-11-05
Stock Technical Information
- Stock Levels: Last Close: 40.51 , Points Change: 0.84, % Change: ⬇️ -2.07%
- Today’s Volume: 8.59M (10 Days average: 18.79M)
Price Levels to consider for tomorrow:
- Resistance 2: 42.17
- Resistance 1: 41.62
- Pivot Point: 40.79
- Support 1: 39.69
- Support 2: 39.27
- Stock is below 10 SMA: 44.19
- Stock is below 20 SMA: 46.03
- Stock is below 50 SMA: 50.75
- Stock is below 100 SMA: 51.13
- 52 Week High: 74
Stock chart for DKNG (1 day)
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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