788 contracts traded for M $29 strike puts for expiration 11/19/21 with open interest of (2,330) when the shares were trading at 31.55.
M $29 strike puts for 11/19/21 expiration
Option Flow Order Summary
- Size: 788
- Sentiment: BEARISH
- Estimated Cost Per Contract: 52,874.80
- Estimated Premium Value: $53K
- Volume: 2,430
- Open Interest: 2,330
- Contract Close Price: 32.29
- Stock Price at Trade: 31.55
- Market Action Score: 100.00% Bullish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (2,330).
- The order flow was detected as a sweep.
- The Stock has earnings coming up. – 2021-11-18
Stock Technical Information
- Stock Levels: Last Close: 32.29 , Points Change: 0.77, % Change: ⬇️ -2.38%
- Today’s Volume: 4.81M (10 Days average: 11.92M)
Price Levels to consider for tomorrow:
- Resistance 2: 33.25
- Resistance 1: 32.93
- Pivot Point: 31.83
- Support 1: 31.18
- Support 2: 30.63
- Stock is above 10 SMA: 30.90
- Stock is above 20 SMA: 28.83
- Stock is above 50 SMA: 25.23
- Stock is above 100 SMA: 22.12
- 52 Week High: 32
Stock chart for M (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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