1758 contracts traded for SNDL $0.5 strike calls for expiration 01/19/24 with open interest of (22,529) when the shares were trading at 0.8427.
SNDL $0.5 strike calls for 01/19/24 expiration
Option Flow Order Summary
- Size: 1758
- Sentiment: BEARISH
- Estimated Cost Per Contract: 83,505
- Estimated Premium Value: $81K
- Volume: 3,439
- Open Interest: 22,529
- Contract Close Price: 0.72
- Stock Price at Trade: 0.8427
- Market Action Score: 86.67% Bullish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (22,529).
- The order flow was detected as a sweep.
- The Stock has earnings coming up. – 2021-11-11
Stock Technical Information
- Stock Levels: Last Close: 0.72 , Points Change: +0.12, % Change: ⬆️ 16.68%
- Today’s Volume: 353.5M (10 Days average: 106.42M)
Price Levels to consider for tomorrow:
- Resistance 2: 0.75
- Resistance 1: 0.74
- Pivot Point: 0.71
- Support 1: 0.69
- Support 2: 0.68
- Stock is above 10 SMA: 0.67
- Stock is above 20 SMA: 0.67
- Stock is above 50 SMA: 0.69
- Stock is below 100 SMA: 0.76
- 52 Week High: 4
Stock chart for SNDL (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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