725 contracts traded for MGM $47 strike calls for expiration 11/19/21 with open interest of (1,275) when the shares were trading at 45.78.
MGM $47 strike calls for 11/19/21 expiration
Option Flow Order Summary
- Size: 725
- Sentiment: BULLISH
- Estimated Cost Per Contract: 26,825
- Estimated Premium Value: $27K
- Volume: 1,615
- Open Interest: 1,275
- Contract Close Price: 45.09
- Stock Price at Trade: 45.78
- Market Action Score: 80.00% Bearish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (1,275).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 45.09 , Points Change: +0.69, % Change: ⬆️ 1.53%
- Today’s Volume: 1.15M (10 Days average: 5.23M)
Price Levels to consider for tomorrow:
- Resistance 2: 45.98
- Resistance 1: 45.68
- Pivot Point: 45.15
- Support 1: 44.55
- Support 2: 44.28
- Stock is below 10 SMA: 47.53
- Stock is below 20 SMA: 47.54
- Stock is below 50 SMA: 45.38
- Stock is above 100 SMA: 42.79
- 52 Week High: 51
Stock chart for MGM (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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