194 contracts traded for Z $35 strike puts for expiration 01/19/24 with open interest of (148) when the shares were trading at 58.52.
Z $35 strike puts for 01/19/24 expiration
Option Flow Order Summary
- Size: 194
- Sentiment: BULLISH
- Estimated Cost Per Contract: 89,240
- Estimated Premium Value: $89K
- Volume: 354
- Open Interest: 148
- Contract Close Price: 60.28
- Stock Price at Trade: 58.52
- Market Action Score: 93.33% Bearish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (148).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 60.28 , Points Change: -1.70, % Change: ⬇️ -2.82%
- Today’s Volume: 4M (10 Days average: 6.96M)
Price Levels to consider for tomorrow:
- Resistance 2: 63.70
- Resistance 1: 62.56
- Pivot Point: 61.17
- Support 1: 58.89
- Support 2: 58.20
- Stock is below 10 SMA: 64.61
- Stock is below 20 SMA: 78.32
- Stock is below 50 SMA: 86.10
- Stock is below 100 SMA: 95.51
- 52 Week High: 208
Stock chart for Z (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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