9 contracts traded for SMH $330 strike puts for expiration 12/17/21 with open interest of (7) when the shares were trading at 300.4.
SMH $330 strike puts for 12/17/21 expiration
Option Flow Order Summary
- Size: 9
- Sentiment: BEARISH
- Estimated Cost Per Contract: 27,720
- Estimated Premium Value: $28K
- Volume: 0
- Open Interest: 7
- Contract Close Price: 300.70
- Stock Price at Trade: 300.4
- Market Action Score: 86.67% Bullish
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 300.70 , Points Change: 0.30, % Change: ⬇️ -0.10%
- Today’s Volume: 684K (10 Days average: 3.94M)
Price Levels to consider for tomorrow:
- Resistance 2: 304.63
- Resistance 1: 303.32
- Pivot Point: 300.49
- Support 1: 297.88
- Support 2: 296.47
- Stock is above 10 SMA: 295.03
- Stock is above 20 SMA: 282.54
- Stock is above 50 SMA: 271.31
- Stock is above 100 SMA: 266.18
- 52 Week High: 306
Stock chart for SMH (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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