236 contracts traded for GPS $23 strike calls for expiration 12/17/21 with open interest of (5,055) when the shares were trading at 24.91.
GPS $23 strike calls for 12/17/21 expiration
Option Flow Order Summary
- Size: 236
- Sentiment: BEARISH
- Estimated Cost Per Contract: 66,811.60
- Estimated Premium Value: $67K
- Volume: 342
- Open Interest: 5,055
- Contract Close Price: 23.76
- Stock Price at Trade: 24.91
- Market Action Score: 66.67% Bearish
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
- The Stock has earnings coming up. – 2021-11-23
Stock Technical Information
- Stock Levels: Last Close: 23.76 , Points Change: +1.12, % Change: ⬆️ 4.71%
- Today’s Volume: 3.22M (10 Days average: 5.43M)
Price Levels to consider for tomorrow:
- Resistance 2: 25.17
- Resistance 1: 24.70
- Pivot Point: 24.23
- Support 1: 23.28
- Support 2: 23.05
- Stock is below 10 SMA: 24.76
- Stock is below 20 SMA: 23.86
- Stock is above 50 SMA: 23.64
- Stock is below 100 SMA: 26.24
- 52 Week High: 38
Stock chart for GPS (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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