766 contracts traded for BITO $41 strike calls for expiration 11/12/21 with open interest of (382) when the shares were trading at 40.96.
BITO $41 strike calls for 11/12/21 expiration
Option Flow Order Summary
- Size: 766
- Sentiment: BEARISH
- Estimated Cost Per Contract: 34,546.60
- Estimated Premium Value: $34K
- Volume: 769
- Open Interest: 382
- Contract Close Price: 41.62
- Stock Price at Trade: 40.96
- Market Action Score: 80.00% Bearish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (382).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 41.62 , Points Change: 0.66, % Change: ⬇️ -1.59%
- Today’s Volume: 485K (10 Days average: 5.96M)
Price Levels to consider for tomorrow:
- Resistance 2: 42.22
- Resistance 1: 42.02
- Pivot Point: 41.73
- Support 1: 41.34
- Support 2: 41.20
- Stock is above 10 SMA: 40.97
- Stock is above 20 SMA: 0
- Stock is above 50 SMA: 0
- Stock is above 100 SMA: 0
- 52 Week High: 44
Stock chart for BITO (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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