200 contracts traded for SHOP $1650 strike calls for expiration 11/12/21 with open interest of (509) when the shares were trading at 1631.26.
SHOP $1650 strike calls for 11/12/21 expiration
Option Flow Order Summary
- Size: 200
- Sentiment: BULLISH
- Estimated Cost Per Contract: 109,080
- Estimated Premium Value: $114K
- Volume: 11,670
- Open Interest: 509
- Contract Close Price: 1,490.34
- Stock Price at Trade: 1631.26
- Market Action Score: 60.00% Bullish
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
- The Stock has earnings coming up. – 2021-10-28
Stock Technical Information
- Stock Levels: Last Close: 1,490.34 , Points Change: +140.09, % Change: ⬆️ 9.40%
- Today’s Volume: 1.72M (10 Days average: 732K)
Price Levels to consider for tomorrow:
- Resistance 2: 1,512.17
- Resistance 1: 1,504.89
- Pivot Point: 1,497.45
- Support 1: 1,482.89
- Support 2: 1,479.17
- Stock is below 10 SMA: 1,508.79
- Stock is above 20 SMA: 1,474.02
- Stock is above 50 SMA: 1,446.98
- Stock is above 100 SMA: 1,479.01
- 52 Week High: 2K
Stock chart for SHOP (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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