3254 contracts traded for XLE $56 strike puts for expiration 11/19/21 with open interest of (29,601) when the shares were trading at 57.4.
XLE $56 strike puts for 11/19/21 expiration
Option Flow Order Summary
- Size: 3254
- Sentiment: BEARISH
- Estimated Cost Per Contract: 29,286
- Estimated Premium Value: $29K
- Volume: 9,387
- Open Interest: 29,601
- Contract Close Price: 58.12
- Stock Price at Trade: 57.4
- Market Action Score: 73.33% Bullish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (29,601).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 58.12 , Points Change: 0.70, % Change: ⬇️ -1.20%
- Today’s Volume: 10.73M (10 Days average: 22.73M)
Price Levels to consider for tomorrow:
- Resistance 2: 58.73
- Resistance 1: 58.53
- Pivot Point: 58.18
- Support 1: 57.78
- Support 2: 57.61
- Stock is above 10 SMA: 57.99
- Stock is above 20 SMA: 58.04
- Stock is above 50 SMA: 54.60
- Stock is above 100 SMA: 51.86
- 52 Week High: 59
Stock chart for XLE (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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