2660 contracts traded for PLTR $28 strike puts for expiration 11/19/21 with open interest of (12,879) when the shares were trading at 22.8.
PLTR $28 strike puts for 11/19/21 expiration
Option Flow Order Summary
- Size: 2660
- Sentiment: BEARISH
- Estimated Cost Per Contract: 1,396,500
- Estimated Premium Value: $1.4M
- Volume: 7,018
- Open Interest: 12,879
- Contract Close Price: 22.52
- Stock Price at Trade: 22.8
- Market Action Score: 20.00%
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (12,879).
- The estimated premium paid is higher than usual trades for this stock or option.
- The order flow was detected as a sweep.
- The Stock has earnings coming up. – 2021-11-09
Stock Technical Information
- Stock Levels: Last Close: 22.52 , Points Change: +0.26, % Change: ⬆️ 1.15%
- Today’s Volume: 15.65M (10 Days average: 48.39M)
Price Levels to consider for tomorrow:
- Resistance 2: 23.84
- Resistance 1: 23.40
- Pivot Point: 22.76
- Support 1: 21.88
- Support 2: 21.56
- Stock is below 10 SMA: 25.61
- Stock is below 20 SMA: 25.14
- Stock is below 50 SMA: 25.51
- Stock is below 100 SMA: 24.62
- 52 Week High: 45
Stock chart for PLTR (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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