638 contracts traded for WFC $35 strike puts for expiration 06/17/22 with open interest of (25,092) when the shares were trading at 50.635.
WFC $35 strike puts for 06/17/22 expiration
Option Flow Order Summary
- Size: 638
- Sentiment: BEARISH
- Estimated Cost Per Contract: 38,343.80
- Estimated Premium Value: $38K
- Volume: 3,494
- Open Interest: 25,092
- Contract Close Price: 51.08
- Stock Price at Trade: 50.635
- Market Action Score: 100.00% Bullish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (25,092).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 51.08 , Points Change: 0.45, % Change: ⬇️ -0.88%
- Today’s Volume: 8.92M (10 Days average: 20.16M)
Price Levels to consider for tomorrow:
- Resistance 2: 51.75
- Resistance 1: 51.53
- Pivot Point: 51.25
- Support 1: 50.81
- Support 2: 50.67
- Stock is above 10 SMA: 50.77
- Stock is above 20 SMA: 50.64
- Stock is above 50 SMA: 48.11
- Stock is above 100 SMA: 47.06
- 52 Week High: 53
Stock chart for WFC (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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