481 contracts traded for MRK $87 strike calls for expiration 11/26/21 with open interest of (388) when the shares were trading at 84.5.
MRK $87 strike calls for 11/26/21 expiration
Option Flow Order Summary
- Size: 481
- Sentiment: BEARISH
- Estimated Cost Per Contract: 26,262.60
- Estimated Premium Value: $26K
- Volume: 12,848
- Open Interest: 388
- Contract Close Price: 83.69
- Stock Price at Trade: 84.5
- Market Action Score: 86.67% Bearish
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 83.69 , Points Change: +0.83, % Change: ⬆️ 0.99%
- Today’s Volume: 3.08M (10 Days average: 10.01M)
Price Levels to consider for tomorrow:
- Resistance 2: 84.33
- Resistance 1: 84.11
- Pivot Point: 83.76
- Support 1: 83.33
- Support 2: 83.16
- Stock is below 10 SMA: 85.10
- Stock is below 20 SMA: 84.09
- Stock is above 50 SMA: 79.20
- Stock is above 100 SMA: 77.82
- 52 Week High: 91
Stock chart for MRK (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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