44 contracts traded for XLK $170 strike calls for expiration 01/20/23 with open interest of (16,630) when the shares were trading at 168.73.
XLK $170 strike calls for 01/20/23 expiration
Option Flow Order Summary
- Size: 44
- Sentiment: BULLISH
- Estimated Cost Per Contract: 70,840
- Estimated Premium Value: $71K
- Volume: 58
- Open Interest: 16,630
- Contract Close Price: 168.39
- Stock Price at Trade: 168.73
- Market Action Score: 86.67% Bullish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (16,630).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 168.39 , Points Change: +0.35, % Change: ⬆️ 0.21%
- Today’s Volume: 3.23M (10 Days average: 7.45M)
Price Levels to consider for tomorrow:
- Resistance 2: 169.72
- Resistance 1: 169.27
- Pivot Point: 168.57
- Support 1: 167.68
- Support 2: 167.33
- Stock is above 10 SMA: 167.01
- Stock is above 20 SMA: 163.75
- Stock is above 50 SMA: 157.87
- Stock is above 100 SMA: 155.73
- 52 Week High: 170
Stock chart for XLK (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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