773 contracts traded for WFC $51 strike calls for expiration 11/26/21 with open interest of (2,051) when the shares were trading at 50.015.
WFC $51 strike calls for 11/26/21 expiration
Option Flow Order Summary
- Size: 773
- Sentiment: BULLISH
- Estimated Cost Per Contract: 33,316.30
- Estimated Premium Value: $33K
- Volume: 1,815
- Open Interest: 2,051
- Contract Close Price: 50.37
- Stock Price at Trade: 50.015
- Market Action Score: 53.33% Bearish
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 50.37 , Points Change: 0.35, % Change: ⬇️ -0.69%
- Today’s Volume: 13.54M (10 Days average: 19.99M)
Price Levels to consider for tomorrow:
- Resistance 2: 51.28
- Resistance 1: 50.98
- Pivot Point: 50.57
- Support 1: 49.97
- Support 2: 49.77
- Stock is below 10 SMA: 50.70
- Stock is below 20 SMA: 50.65
- Stock is above 50 SMA: 48.24
- Stock is above 100 SMA: 47.11
- 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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