353 contracts traded for CLOV $7.5 strike puts for expiration 12/17/21 with open interest of (8,089) when the shares were trading at 5.67.
CLOV $7.5 strike puts for 12/17/21 expiration
Option Flow Order Summary
- Size: 353
- Sentiment: BEARISH
- Estimated Cost Per Contract: 71,447.20
- Estimated Premium Value: $72K
- Volume: 390
- Open Interest: 8,089
- Contract Close Price: 6.43
- Stock Price at Trade: 5.67
- Market Action Score: 93.33% Bearish
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
- The Stock has earnings coming up. – 2021-11-08
Stock Technical Information
- Stock Levels: Last Close: 6.43 , Points Change: 0.76, % Change: ⬇️ -11.82%
- Today’s Volume: 23.95M (10 Days average: 20.12M)
Price Levels to consider for tomorrow:
- Resistance 2: 7.04
- Resistance 1: 6.84
- Pivot Point: 6.59
- Support 1: 6.19
- Support 2: 6.07
- Stock is below 10 SMA: 7.35
- Stock is below 20 SMA: 7.47
- Stock is below 50 SMA: 7.74
- Stock is below 100 SMA: 8.32
- 52 Week High: 29
Stock chart for CLOV (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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