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Market Action App Alert, BULLISH unusual option activity for Novavax, Inc. Ticker: NVAX

Thursday, 11.18.2021

20 contracts traded for NVAX $165 strike puts for expiration 01/21/22 with open interest of (1,456) when the shares were trading at 186.2311.

NVAX $165 strike puts for 01/21/22 expiration

Option Flow Order Summary

  • Size: 20
  • Sentiment: BULLISH
  • Estimated Cost Per Contract: 37,900
  • Estimated Premium Value: $38K
  • Volume: 20
  • Open Interest: 1,456
  • Contract Close Price: 183.99
  • Stock Price at Trade: 186.2311
  • Market Action Score: 66.67% Bullish

Why is this an Unusual Option Activity?

  • The Trade Volume is above Open Interest of (1,456).
  • The Stock has earnings coming up. – 2021-11-04

Stock Technical Information

  • Stock Levels: Last Close: 183.99 , Points Change: +2.24, % Change: ⬆️ 1.22%
  • Today’s Volume: 1.93M (10 Days average: 3.5M)
  • Price Levels to consider for tomorrow:

    • Resistance 2: 196.37
    • Resistance 1: 192.24
    • Pivot Point: 181.85
    • Support 1: 173.59
    • Support 2: 168.39
  • Stock is above 10 SMA: 171.13
  • Stock is above 20 SMA: 162.95
  • Stock is below 50 SMA: 185.77
  • Stock is below 100 SMA: 200.97
  • 52 Week High: 332

Stock chart for NVAX (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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