893 contracts traded for ME $10 strike puts for expiration 01/21/22 with open interest of (1,776) when the shares were trading at 11.2.
ME $10 strike puts for 01/21/22 expiration
Option Flow Order Summary
- Size: 893
- Sentiment: BULLISH
- Estimated Cost Per Contract: 84,924.30
- Estimated Premium Value: $85K
- Volume: 893
- Open Interest: 1,776
- Contract Close Price: 10.99
- Stock Price at Trade: 11.2
- Market Action Score: 66.67% Bearish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (1,776).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 10.99 , Points Change: +0.21, % Change: ⬆️ 1.91%
- Today’s Volume: 75K (10 Days average: 3.25M)
Price Levels to consider for tomorrow:
- Resistance 2: 11.39
- Resistance 1: 11.26
- Pivot Point: 11.03
- Support 1: 10.76
- Support 2: 10.64
- Stock is below 10 SMA: 12.25
- Stock is below 20 SMA: 11.84
- Stock is above 50 SMA: 9.79
- Stock is above 100 SMA: 9.48
- 52 Week High: 18
Stock chart for ME (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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