1055 contracts traded for LW $60 strike puts for expiration 11/19/21 with open interest of (3,628) when the shares were trading at 58.47.
LW $60 strike puts for 11/19/21 expiration
Option Flow Order Summary
- Size: 1055
- Sentiment: BULLISH
- Estimated Cost Per Contract: 186,735
- Estimated Premium Value: $179K
- Volume: 1,066
- Open Interest: 3,628
- Contract Close Price: 56.51
- Stock Price at Trade: 58.47
- 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: 56.51 , Points Change: +1.92, % Change: ⬆️ 3.40%
- Today’s Volume: 867K (10 Days average: 2.01M)
Price Levels to consider for tomorrow:
- Resistance 2: 58.09
- Resistance 1: 57.56
- Pivot Point: 56.33
- Support 1: 55.29
- Support 2: 54.67
- Stock is below 10 SMA: 57.50
- Stock is below 20 SMA: 57.30
- Stock is below 50 SMA: 59.03
- Stock is below 100 SMA: 64.96
- 52 Week High: 86
Stock chart for LW (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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