2522 contracts traded for SLV $24 strike calls for expiration 11/26/21 with open interest of (15,172) when the shares were trading at 22.9599.
SLV $24 strike calls for 11/26/21 expiration
Option Flow Order Summary
- Size: 2522
- Sentiment: BEARISH
- Estimated Cost Per Contract: 27,994.20
- Estimated Premium Value: $28K
- Volume: 7,780
- Open Interest: 15,172
- Contract Close Price: 23.24
- Stock Price at Trade: 22.9599
- Market Action Score: 60.00% Bearish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (15,172).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 23.24 , Points Change: 0.28, % Change: ⬇️ -1.20%
- Today’s Volume: 19.94M (10 Days average: 24.87M)
Price Levels to consider for tomorrow:
- Resistance 2: 23.41
- Resistance 1: 23.35
- Pivot Point: 23.20
- Support 1: 23.09
- Support 2: 23.02
- Stock is above 10 SMA: 22.60
- Stock is above 20 SMA: 22.47
- Stock is above 50 SMA: 21.72
- Stock is above 100 SMA: 22.38
- 52 Week High: 28
Stock chart for SLV (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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