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BEARISH Unusual option activity detected for Tesla, Inc. Ticker: TSLA by Market Action App

Thursday, 11.18.2021

16 contracts traded for TSLA $1100 strike calls for expiration 11/19/21 with open interest of (17,962) when the shares were trading at 1102.85.

TSLA $1100 strike calls for 11/19/21 expiration

Option Flow Order Summary

  • Size: 16
  • Sentiment: BEARISH
  • Estimated Cost Per Contract: 30,123.20
  • Estimated Premium Value: $30K
  • Volume: 11,057
  • Open Interest: 17,962
  • Contract Close Price: 1,089.01
  • Stock Price at Trade: 1102.85
  • Market Action Score: 73.33% Bullish

Why is this an Unusual Option Activity?

  • The order flow was detected as a sweep.

Stock Technical Information

  • Stock Levels: Last Close: 1,089.01 , Points Change: +14.27, % Change: ⬆️ 1.31%
  • Today’s Volume: 3.83M (10 Days average: 34.41M)
  • Price Levels to consider for tomorrow:

    • Resistance 2: 1,136.39
    • Resistance 1: 1,120.60
    • Pivot Point: 1,088.05
    • Support 1: 1,056.46
    • Support 2: 1,040.18
  • Stock is below 10 SMA: 1,096.04
  • Stock is above 20 SMA: 1,081.54
  • Stock is above 50 SMA: 902.53
  • Stock is above 100 SMA: 795.51
  • 52 Week High: 1K

Stock chart for TSLA (1 day)


Helpful Info

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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