612 contracts traded for QQQ $386 strike puts for expiration 11/19/21 with open interest of (6,904) when the shares were trading at 391.7308.
QQQ $386 strike puts for 11/19/21 expiration
Option Flow Order Summary
- Size: 612
- Sentiment: BEARISH
- Estimated Cost Per Contract: 145,656
- Estimated Premium Value: $146K
- Volume: 1,688
- Open Interest: 6,904
- Contract Close Price: 389.51
- Stock Price at Trade: 391.7308
- Market Action Score: 66.67%
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 389.51 , Points Change: +2.23, % Change: ⬆️ 0.57%
- Today’s Volume: 6.14M (10 Days average: 38.42M)
Price Levels to consider for tomorrow:
- Resistance 2: 396.35
- Resistance 1: 394.07
- Pivot Point: 390.80
- Support 1: 386.24
- Support 2: 384.61
- Stock is below 10 SMA: 391.97
- Stock is above 20 SMA: 383.34
- Stock is above 50 SMA: 374.59
- Stock is above 100 SMA: 368.99
- 52 Week High: 401
Stock chart for QQQ (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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