514 contracts traded for CHGG $35 strike calls for expiration 12/17/21 with open interest of (5,950) when the shares were trading at 29.39.
CHGG $35 strike calls for 12/17/21 expiration
Option Flow Order Summary
- Size: 514
- Sentiment: BEARISH
- Estimated Cost Per Contract: 25,751.40
- Estimated Premium Value: $26K
- Volume: 1,668
- Open Interest: 5,950
- Contract Close Price: 29.31
- Stock Price at Trade: 29.39
- Market Action Score: 100.00% Bearish
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 29.31 , Points Change: +0.08, % Change: ⬆️ 0.27%
- Today’s Volume: 937K (10 Days average: 5.9M)
Price Levels to consider for tomorrow:
- Resistance 2: 29.69
- Resistance 1: 29.56
- Pivot Point: 29.24
- Support 1: 28.98
- Support 2: 28.82
- Stock is below 10 SMA: 30.78
- Stock is below 20 SMA: 45.49
- Stock is below 50 SMA: 60.77
- Stock is below 100 SMA: 72.36
- 52 Week High: 115
Stock chart for CHGG (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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