1165 contracts traded for QQQ $392 strike puts for expiration 11/15/21 with open interest of (4,131) when the shares were trading at 392.7301.
QQQ $392 strike puts for 11/15/21 expiration
Option Flow Order Summary
- Size: 1165
- Sentiment: BEARISH
- Estimated Cost Per Contract: 67,686.50
- Estimated Premium Value: $69K
- Volume: 21,560
- Open Interest: 4,131
- Contract Close Price: 394.70
- Stock Price at Trade: 392.7301
- Market Action Score: 86.67% Bullish
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 394.70 , Points Change: -1.98, % Change: ⬇️ -0.50%
- Today’s Volume: 16.56M (10 Days average: 40.82M)
Price Levels to consider for tomorrow:
- Resistance 2: 397.53
- Resistance 1: 396.59
- Pivot Point: 393.36
- Support 1: 391.47
- Support 2: 389.86
- Stock is above 10 SMA: 393.47
- Stock is above 20 SMA: 385.83
- Stock is above 50 SMA: 375.10
- Stock is above 100 SMA: 369.90
- 52 Week High: 401
Stock chart for QQQ (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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