456 contracts traded for LUV $47.5 strike puts for expiration 12/17/21 with open interest of (3,131) when the shares were trading at 47.69.
LUV $47.5 strike puts for 12/17/21 expiration
Option Flow Order Summary
- Size: 456
- Sentiment: BEARISH
- Estimated Cost Per Contract: 78,888
- Estimated Premium Value: $79K
- Volume: 586
- Open Interest: 3,131
- Contract Close Price: 49.13
- Stock Price at Trade: 47.69
- Market Action Score: 53.33% Bullish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (3,131).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 49.13 , Points Change: -1.43, % Change: ⬇️ -2.91%
- Today’s Volume: 4.6M (10 Days average: 6.51M)
Price Levels to consider for tomorrow:
- Resistance 2: 49.63
- Resistance 1: 49.46
- Pivot Point: 49.05
- Support 1: 48.71
- Support 2: 48.50
- Stock is below 10 SMA: 49.83
- Stock is above 20 SMA: 48.94
- Stock is below 50 SMA: 50.27
- Stock is below 100 SMA: 50.58
- 52 Week High: 65
Stock chart for LUV (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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