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The Market Action App detected BEARISH unusual option activity for Bunge Limited Bunge Limited Ticker: BG

Thursday, 11.18.2021

6 contracts traded for BG $45 strike calls for expiration 01/21/22 with open interest of (35) when the shares were trading at 95.395.

BG $45 strike calls for 01/21/22 expiration

Option Flow Order Summary

  • Size: 6
  • Sentiment: BEARISH
  • Estimated Cost Per Contract: 30,370.20
  • Estimated Premium Value: $30K
  • Volume: 6
  • Open Interest: 35
  • Contract Close Price: 95.63
  • Stock Price at Trade: 95.395
  • Market Action Score: 86.67% Bullish

Why is this an Unusual Option Activity?

  • The Trade Volume is above Open Interest of (35).
  • The order flow was detected as a sweep.

Stock Technical Information

  • Stock Levels: Last Close: 95.63 , Points Change: 0.26, % Change: ⬇️ -0.27%
  • Today’s Volume: 299K (10 Days average: 946K)
  • Price Levels to consider for tomorrow:

    • Resistance 2: 96.73
    • Resistance 1: 96.36
    • Pivot Point: 95.06
    • Support 1: 94.32
    • Support 2: 93.67
  • Stock is above 10 SMA: 93.51
  • Stock is above 20 SMA: 91.63
  • Stock is above 50 SMA: 85.34
  • Stock is above 100 SMA: 80.65
  • 52 Week High: 97

Stock chart for BG (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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