500 contracts traded for SMH $315 strike calls for expiration 12/17/21 with open interest of (625) when the shares were trading at 298.6.
SMH $315 strike calls for 12/17/21 expiration
Option Flow Order Summary
- Size: 500
- Sentiment: BULLISH
- Estimated Cost Per Contract: 197,500
- Estimated Premium Value: $198K
- Volume: 669
- Open Interest: 625
- Contract Close Price: 292.80
- Stock Price at Trade: 298.6
- Market Action Score: 66.67%
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (625).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 292.80 , Points Change: +5.82, % Change: ⬆️ 1.99%
- Today’s Volume: 1.94M (10 Days average: 4.41M)
Price Levels to consider for tomorrow:
- Resistance 2: 300.95
- Resistance 1: 298.23
- Pivot Point: 294.89
- Support 1: 289.46
- Support 2: 287.79
- Stock is above 10 SMA: 287.37
- Stock is above 20 SMA: 276.93
- Stock is above 50 SMA: 269.61
- Stock is above 100 SMA: 264.72
- 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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