761 contracts traded for FCX $42 strike calls for expiration 11/19/21 with open interest of (4,908) when the shares were trading at 41.08.
FCX $42 strike calls for 11/19/21 expiration
Option Flow Order Summary
- Size: 761
- Sentiment: BEARISH
- Estimated Cost Per Contract: 65,446
- Estimated Premium Value: $65K
- Volume: 5,426
- Open Interest: 4,908
- Contract Close Price: 37.52
- Stock Price at Trade: 41.08
- Market Action Score: 53.33%
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (4,908).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 37.52 , Points Change: +3.54, % Change: ⬆️ 9.43%
- Today’s Volume: 23.41M (10 Days average: 17.07M)
Price Levels to consider for tomorrow:
- Resistance 2: 39.73
- Resistance 1: 38.99
- Pivot Point: 38.13
- Support 1: 36.66
- Support 2: 36.23
- Stock is below 10 SMA: 38.11
- Stock is below 20 SMA: 38.22
- Stock is above 50 SMA: 35.60
- Stock is above 100 SMA: 35.74
- 52 Week High: 46
Stock chart for FCX (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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