200 contracts traded for MU $76 strike calls for expiration 11/19/21 with open interest of (6,102) when the shares were trading at 77.085.
MU $76 strike calls for 11/19/21 expiration
Option Flow Order Summary
- Size: 200
- Sentiment: BEARISH
- Estimated Cost Per Contract: 27,660
- Estimated Premium Value: $28K
- Volume: 540
- Open Interest: 6,102
- Contract Close Price: 75.46
- Stock Price at Trade: 77.085
- Market Action Score: 66.67% Bearish
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 75.46 , Points Change: +1.46, % Change: ⬆️ 1.93%
- Today’s Volume: 1.32M (10 Days average: 16.11M)
Price Levels to consider for tomorrow:
- Resistance 2: 76.71
- Resistance 1: 76.29
- Pivot Point: 75.74
- Support 1: 74.91
- Support 2: 74.63
- Stock is above 10 SMA: 74.96
- Stock is above 20 SMA: 72.15
- Stock is above 50 SMA: 71.59
- Stock is above 100 SMA: 73.74
- 52 Week High: 97
Stock chart for MU (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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