4624 contracts traded for IWM $218 strike puts for expiration 09/17/21 with open interest of (30,059) when the shares were trading at 226.45.
IWM $218 strike puts for 09/17/21 expiration
Option Flow Order Summary
- Size: 4624
- Sentiment: BEARISH
- Estimated Cost Per Contract: 420,784
- Estimated Premium Value: $421K
- Volume: 11,872
- Open Interest: 30,059
- Contract Close Price: 237.35
- Stock Price at Trade: 226.45
- Market Action Score: 66.67%
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 237.35 , Points Change: -3.80, % Change: ⬇️ -1.58%
- Today’s Volume: 32.14M (10 Days average: 33.98M)
Price Levels to consider for tomorrow:
- Resistance 2: 242.07
- Resistance 1: 240.50
- Pivot Point: 238.41
- Support 1: 235.26
- Support 2: 234.21
- Stock is above 10 SMA: 235.09
- Stock is above 20 SMA: 230.78
- Stock is above 50 SMA: 225.61
- Stock is above 100 SMA: 223.65
- 52 Week High: 244
Stock chart for IWM (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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