1811 contracts traded for XLE $70 strike calls for expiration 03/18/22 with open interest of (6,576) when the shares were trading at 57.32.
XLE $70 strike calls for 03/18/22 expiration
Option Flow Order Summary
- Size: 1811
- Sentiment: BEARISH
- Estimated Cost Per Contract: 99,786.10
- Estimated Premium Value: $100K
- Volume: 1,811
- Open Interest: 6,576
- Contract Close Price: 57.69
- Stock Price at Trade: 57.32
- Market Action Score: 60.00% Bearish
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 57.69 , Points Change: 0.39, % Change: ⬇️ -0.68%
- Today’s Volume: 9.61M (10 Days average: 25.17M)
Price Levels to consider for tomorrow:
- Resistance 2: 58.17
- Resistance 1: 58.01
- Pivot Point: 57.76
- Support 1: 57.44
- Support 2: 57.31
- Stock is below 10 SMA: 58
- Stock is below 20 SMA: 57.99
- Stock is above 50 SMA: 54.01
- Stock is above 100 SMA: 51.75
- 52 Week High: 59
Stock chart for XLE (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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