17 contracts traded for SHOP $1750 strike calls for expiration 11/26/21 with open interest of (298) when the shares were trading at 1657.87.
SHOP $1750 strike calls for 11/26/21 expiration
Option Flow Order Summary
- Size: 17
- Sentiment: BEARISH
- Estimated Cost Per Contract: 25,670
- Estimated Premium Value: $26K
- Volume: 703
- Open Interest: 298
- Contract Close Price: 1,637.81
- Stock Price at Trade: 1657.87
- Market Action Score: 66.67% Bullish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (298).
Stock Technical Information
- Stock Levels: Last Close: 1,637.81 , Points Change: +20.27, % Change: ⬆️ 1.24%
- Today’s Volume: 74K (10 Days average: 1.05M)
Price Levels to consider for tomorrow:
- Resistance 2: 1,677.87
- Resistance 1: 1,664.51
- Pivot Point: 1,650.08
- Support 1: 1,623.38
- Support 2: 1,616.16
- Stock is above 10 SMA: 1,576.07
- Stock is above 20 SMA: 1,512.83
- Stock is above 50 SMA: 1,457.54
- Stock is above 100 SMA: 1,485.92
- 52 Week High: 2K
Stock chart for SHOP (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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