610 contracts traded for MGM $50 strike calls for expiration 01/21/22 with open interest of (6,902) when the shares were trading at 45.08.
MGM $50 strike calls for 01/21/22 expiration
Option Flow Order Summary
- Size: 610
- Sentiment: BEARISH
- Estimated Cost Per Contract: 77,653
- Estimated Premium Value: $79K
- Volume: 15,211
- Open Interest: 6,902
- Contract Close Price: 45.42
- Stock Price at Trade: 45.08
- Market Action Score: 60.00% Bullish
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 45.42 , Points Change: 0.34, % Change: ⬇️ -0.75%
- Today’s Volume: 4.27M (10 Days average: 5.91M)
Price Levels to consider for tomorrow:
- Resistance 2: 46.31
- Resistance 1: 46.02
- Pivot Point: 45.68
- Support 1: 45.09
- Support 2: 44.92
- Stock is below 10 SMA: 47.73
- Stock is below 20 SMA: 47.68
- Stock is above 50 SMA: 45.33
- Stock is above 100 SMA: 42.77
- 52 Week High: 51
Stock chart for MGM (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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