491 contracts traded for QS $30 strike puts for expiration 01/21/22 with open interest of (6,858) when the shares were trading at 36.83.
QS $30 strike puts for 01/21/22 expiration
Option Flow Order Summary
- Size: 491
- Sentiment: BEARISH
- Estimated Cost Per Contract: 130,458.70
- Estimated Premium Value: $130K
- Volume: 988
- Open Interest: 6,858
- Contract Close Price: 40.58
- Stock Price at Trade: 36.83
- Market Action Score: 73.33% Bullish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (6,858).
- The order flow was detected as a sweep.
- The Stock has earnings coming up. – 2021-10-26
Stock Technical Information
- Stock Levels: Last Close: 40.58 , Points Change: -3.74, % Change: ⬇️ -9.22%
- Today’s Volume: 12.83M (10 Days average: 21.17M)
Price Levels to consider for tomorrow:
- Resistance 2: 44
- Resistance 1: 42.86
- Pivot Point: 40.80
- Support 1: 38.53
- Support 2: 37.50
- Stock is above 10 SMA: 35.10
- Stock is above 20 SMA: 30.41
- Stock is above 50 SMA: 26.16
- Stock is above 100 SMA: 24.73
- 52 Week High: 133
Stock chart for QS (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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