798 contracts traded for MU $71 strike puts for expiration 11/19/21 with open interest of (3,882) when the shares were trading at 73.91.
MU $71 strike puts for 11/19/21 expiration
Option Flow Order Summary
- Size: 798
- Sentiment: BEARISH
- Estimated Cost Per Contract: 32,797.80
- Estimated Premium Value: $33K
- Volume: 813
- Open Interest: 3,882
- Contract Close Price: 73.41
- Stock Price at Trade: 73.91
- Market Action Score: 33.33%
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (3,882).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 73.41 , Points Change: +0.49, % Change: ⬆️ 0.67%
- Today’s Volume: 1.91M (10 Days average: 14.38M)
Price Levels to consider for tomorrow:
- Resistance 2: 75.25
- Resistance 1: 74.64
- Pivot Point: 73.92
- Support 1: 72.69
- Support 2: 72.33
- Stock is above 10 SMA: 72.01
- Stock is above 20 SMA: 70.04
- Stock is above 50 SMA: 71.31
- Stock is below 100 SMA: 73.95
- 52 Week High: 97
Stock chart for MU (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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