1204 contracts traded for XLE $57.5 strike puts for expiration 11/19/21 with open interest of (17,889) when the shares were trading at 58.14.
XLE $57.5 strike puts for 11/19/21 expiration
Option Flow Order Summary
- Size: 1204
- Sentiment: BULLISH
- Estimated Cost Per Contract: 34,916
- Estimated Premium Value: $35K
- Volume: 10
- Open Interest: 17,889
- Contract Close Price: 58.03
- Stock Price at Trade: 58.14
- 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: 58.03 , Points Change: +0.12, % Change: ⬆️ 0.21%
- Today’s Volume: 554K (10 Days average: 23.11M)
Price Levels to consider for tomorrow:
- Resistance 2: 58.88
- Resistance 1: 58.60
- Pivot Point: 57.80
- Support 1: 57.24
- Support 2: 56.84
- Stock is above 10 SMA: 57.97
- Stock is below 20 SMA: 58.03
- Stock is above 50 SMA: 54.39
- Stock is above 100 SMA: 51.82
- 52 Week High: 59
Stock chart for XLE (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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