10 contracts traded for MELI $1550 strike calls for expiration 12/17/21 with open interest of (168) when the shares were trading at 1449.035.
MELI $1550 strike calls for 12/17/21 expiration
Option Flow Order Summary
- Size: 10
- Sentiment: NEUTRAL
- Estimated Cost Per Contract: 29,580
- Estimated Premium Value: $30K
- Volume: 10
- Open Interest: 168
- Contract Close Price: 1,446.10
- Stock Price at Trade: 1449.035
- Market Action Score: 86.67% Bearish
Why is this an Unusual Option Activity?
- The Stock has earnings coming up. – 2021-11-04
Stock Technical Information
- Stock Levels: Last Close: 1,446.10 , Points Change: +1.75, % Change: ⬆️ 0.12%
- Today’s Volume: 74K (10 Days average: 627K)
Price Levels to consider for tomorrow:
- Resistance 2: 1,495.64
- Resistance 1: 1,479.13
- Pivot Point: 1,453.67
- Support 1: 1,420.64
- Support 2: 1,407.91
- Stock is below 10 SMA: 1,586.44
- Stock is below 20 SMA: 1,551.70
- Stock is below 50 SMA: 1,633.69
- Stock is below 100 SMA: 1,668.04
- 52 Week High: 2K
Stock chart for MELI (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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