175 contracts traded for BITO $38.5 strike puts for expiration 11/26/21 with open interest of (395) when the shares were trading at 37.7912.
BITO $38.5 strike puts for 11/26/21 expiration
Option Flow Order Summary
- Size: 175
- Sentiment: BEARISH
- Estimated Cost Per Contract: 36,750
- Estimated Premium Value: $37K
- Volume: 535
- Open Interest: 395
- Contract Close Price: 38.69
- Stock Price at Trade: 37.7912
- Market Action Score: 100.00% Bearish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (395).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 38.69 , Points Change: 0.90, % Change: ⬇️ -2.33%
- Today’s Volume: 1.38M (10 Days average: 7.29M)
Price Levels to consider for tomorrow:
- Resistance 2: 39.22
- Resistance 1: 39.04
- Pivot Point: 38.54
- Support 1: 38.18
- Support 2: 37.92
- Stock is below 10 SMA: 40.73
- Stock is below 20 SMA: 40.36
- Stock is above 50 SMA: 0
- Stock is above 100 SMA: 0
- 52 Week High: 44
Stock chart for BITO (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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