5000 contracts traded for IQ $20 strike calls for expiration 01/20/23 with open interest of (4,278) when the shares were trading at 7.78.
IQ $20 strike calls for 01/20/23 expiration
Option Flow Order Summary
- Size: 5000
- Sentiment: BULLISH
- Estimated Cost Per Contract: 365,000
- Estimated Premium Value: $400K
- Volume: 5,003
- Open Interest: 4,278
- Contract Close Price: 8.59
- Stock Price at Trade: 7.78
- Market Action Score: 66.67% Bearish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (4,278).
- The order flow was detected as a sweep.
- The Stock has earnings coming up. – 2021-11-17
Stock Technical Information
- Stock Levels: Last Close: 8.59 , Points Change: 0.79, % Change: ⬇️ -9.20%
- Today’s Volume: 2.65M (10 Days average: 7.39M)
Price Levels to consider for tomorrow:
- Resistance 2: 8.98
- Resistance 1: 8.85
- Pivot Point: 8.60
- Support 1: 8.34
- Support 2: 8.21
- Stock is above 10 SMA: 8.48
- Stock is below 20 SMA: 8.77
- Stock is below 50 SMA: 8.66
- Stock is below 100 SMA: 9.97
- 52 Week High: 29
Stock chart for IQ (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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