2497 contracts traded for ALK $70 strike calls for expiration 04/14/22 with open interest of (3,151) when the shares were trading at 56.18.
ALK $70 strike calls for 04/14/22 expiration
Option Flow Order Summary
- Size: 2497
- Sentiment: BULLISH
- Estimated Cost Per Contract: 412,005
- Estimated Premium Value: $412K
- Volume: 2,990
- Open Interest: 3,151
- Contract Close Price: 55.65
- Stock Price at Trade: 56.18
- Market Action Score: 66.67% Bearish
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 55.65 , Points Change: +0.58, % Change: ⬆️ 1.04%
- Today’s Volume: 248K (10 Days average: 1.74M)
Price Levels to consider for tomorrow:
- Resistance 2: 57.43
- Resistance 1: 56.84
- Pivot Point: 55.94
- Support 1: 54.76
- Support 2: 54.31
- Stock is below 10 SMA: 56.79
- Stock is below 20 SMA: 55.80
- Stock is below 50 SMA: 57.47
- Stock is below 100 SMA: 57.69
- 52 Week High: 74
Stock chart for ALK (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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