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Market Action App Alert, BULLISH unusual option activity for Marriott International Ticker: MAR

Wednesday, 11.24.2021

2000 contracts traded for MAR $160 strike calls for expiration 06/17/22 with open interest of (316) when the shares were trading at 154.1868.

MAR $160 strike calls for 06/17/22 expiration

Option Flow Order Summary

  • Size: 2000
  • Sentiment: BULLISH
  • Estimated Cost Per Contract: 2,889,200
  • Estimated Premium Value: $2.9M
  • Volume: 0
  • Open Interest: 316
  • Contract Close Price: 157.44
  • Stock Price at Trade: 154.1868
  • Market Action Score: 66.67% Bearish

Why is this an Unusual Option Activity?

  • The estimated premium paid is higher than usual trades for this stock or option.
  • The order flow was detected as a sweep.

Stock Technical Information

  • Stock Levels: Last Close: 157.44 , Points Change: -3.44, % Change: ⬇️ -2.18%
  • Today’s Volume: 170K (10 Days average: 1.78M)
  • Price Levels to consider for tomorrow:

    • Resistance 2: 159.10
    • Resistance 1: 158.55
    • Pivot Point: 157.34
    • Support 1: 156.24
    • Support 2: 155.63
  • Stock is above 10 SMA: 156.52
  • Stock is below 20 SMA: 159.82
  • Stock is above 50 SMA: 155.58
  • Stock is above 100 SMA: 146.60
  • 52 Week High: 172

Stock chart for MAR (1 day)


Helpful Info

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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