427 contracts traded for SNAP $55 strike calls for expiration 11/19/21 with open interest of (9,249) when the shares were trading at 54.74.
SNAP $55 strike calls for 11/19/21 expiration
Option Flow Order Summary
- Size: 427
- Sentiment: BEARISH
- Estimated Cost Per Contract: 41,888.70
- Estimated Premium Value: $42K
- Volume: 1,173
- Open Interest: 9,249
- Contract Close Price: 55.53
- Stock Price at Trade: 54.74
- Market Action Score: 60.00% Bearish
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 55.53 , Points Change: 0.74, % Change: ⬇️ -1.33%
- Today’s Volume: 962K (10 Days average: 15.98M)
Price Levels to consider for tomorrow:
- Resistance 2: 57.84
- Resistance 1: 57.07
- Pivot Point: 55.60
- Support 1: 54.05
- Support 2: 53.31
- Stock is above 10 SMA: 53.57
- Stock is below 20 SMA: 57.04
- Stock is below 50 SMA: 67.82
- Stock is below 100 SMA: 69.32
- 52 Week High: 83
Stock chart for SNAP (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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