168 contracts traded for SMH $295 strike puts for expiration 11/19/21 with open interest of (617) when the shares were trading at 301.63.
SMH $295 strike puts for 11/19/21 expiration
Option Flow Order Summary
- Size: 168
- Sentiment: BEARISH
- Estimated Cost Per Contract: 28,744.80
- Estimated Premium Value: $29K
- Volume: 581
- Open Interest: 617
- Contract Close Price: 298.07
- Stock Price at Trade: 301.63
- Market Action Score: 66.67% Bullish
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 298.07 , Points Change: +3.57, % Change: ⬆️ 1.20%
- Today’s Volume: 2.29M (10 Days average: 4.49M)
Price Levels to consider for tomorrow:
- Resistance 2: 300.22
- Resistance 1: 299.50
- Pivot Point: 297.47
- Support 1: 296.04
- Support 2: 295.02
- Stock is above 10 SMA: 289.89
- Stock is above 20 SMA: 278.81
- Stock is above 50 SMA: 270.16
- Stock is above 100 SMA: 265.21
- 52 Week High: 306
Stock chart for SMH (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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