588 contracts traded for VALE $10 strike puts for expiration 03/18/22 with open interest of (2,220) when the shares were trading at 12.685.
VALE $10 strike puts for 03/18/22 expiration
Option Flow Order Summary
- Size: 588
- Sentiment: BEARISH
- Estimated Cost Per Contract: 29,400
- Estimated Premium Value: $29K
- Volume: 782
- Open Interest: 2,220
- Contract Close Price: 11.98
- Stock Price at Trade: 12.685
- Market Action Score: 6.67%
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (2,220).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 11.98 , Points Change: +0.71, % Change: ⬆️ 5.93%
- Today’s Volume: 18.41M (10 Days average: 52.03M)
Price Levels to consider for tomorrow:
- Resistance 2: 12.18
- Resistance 1: 12.11
- Pivot Point: 12.02
- Support 1: 11.88
- Support 2: 11.84
- Stock is below 10 SMA: 12.29
- Stock is below 20 SMA: 13.14
- Stock is below 50 SMA: 14.33
- Stock is below 100 SMA: 16.79
- 52 Week High: 23
Stock chart for VALE (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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