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Unusual option activity detected for ARK Innovation ETF Ticker: ARKK by Market Action App

Thursday, 11.18.2021

376 contracts traded for ARKK $80 strike puts for expiration 07/15/22 with open interest of (9,703) when the shares were trading at 114.92.

ARKK $80 strike puts for 07/15/22 expiration

Option Flow Order Summary

  • Size: 376
  • Sentiment: BEARISH
  • Estimated Cost Per Contract: 129,720
  • Estimated Premium Value: $130K
  • Volume: 386
  • Open Interest: 9,703
  • Contract Close Price: 116.72
  • Stock Price at Trade: 114.92
  • Market Action Score: 86.67% Bearish

Stock Technical Information

  • Stock Levels: Last Close: 116.72 , Points Change: -1.81, % Change: ⬇️ -1.55%
  • Today’s Volume: 3.11M (10 Days average: 4.46M)
  • Price Levels to consider for tomorrow:

    • Resistance 2: 118.98
    • Resistance 1: 118.23
    • Pivot Point: 117.20
    • Support 1: 115.69
    • Support 2: 115.17
  • Stock is below 10 SMA: 119.62
  • Stock is below 20 SMA: 120.56
  • Stock is below 50 SMA: 117.32
  • Stock is below 100 SMA: 119.60
  • 52 Week High: 160

Stock chart for ARKK (1 day)


Helpful Info

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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