50 contracts traded for BABA $145 strike puts for expiration 12/17/21 with open interest of (5,526) when the shares were trading at 145.78.
BABA $145 strike puts for 12/17/21 expiration
Option Flow Order Summary
- Size: 50
- Sentiment: BEARISH
- Estimated Cost Per Contract: 35,000
- Estimated Premium Value: $35K
- Volume: 616
- Open Interest: 5,526
- Contract Close Price: 161.58
- Stock Price at Trade: 145.78
- Market Action Score: 66.67% Bearish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (5,526).
- The order flow was detected as a sweep.
- The Stock has earnings coming up. – 2021-11-18
Stock Technical Information
- Stock Levels: Last Close: 161.58 , Points Change: -15.80, % Change: ⬇️ -9.78%
- Today’s Volume: 16.5M (10 Days average: 14.78M)
Price Levels to consider for tomorrow:
- Resistance 2: 168.53
- Resistance 1: 166.21
- Pivot Point: 163.67
- Support 1: 159.04
- Support 2: 157.77
- Stock is below 10 SMA: 164.10
- Stock is below 20 SMA: 167.28
- Stock is above 50 SMA: 161.35
- Stock is below 100 SMA: 176.84
- 52 Week High: 281
Stock chart for BABA (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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