246 contracts traded for BIIB $270 strike puts for expiration 11/19/21 with open interest of (836) when the shares were trading at 261.51.
BIIB $270 strike puts for 11/19/21 expiration
Option Flow Order Summary
- Size: 246
- Sentiment: BEARISH
- Estimated Cost Per Contract: 235,668
- Estimated Premium Value: $234K
- Volume: 282
- Open Interest: 836
- Contract Close Price: 271.82
- Stock Price at Trade: 261.51
- Market Action Score: 53.33% Bullish
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 271.82 , Points Change: -10.61, % Change: ⬇️ -3.90%
- Today’s Volume: 291K (10 Days average: 832K)
Price Levels to consider for tomorrow:
- Resistance 2: 277.06
- Resistance 1: 275.31
- Pivot Point: 273.01
- Support 1: 269.51
- Support 2: 268.36
- Stock is below 10 SMA: 272.97
- Stock is above 20 SMA: 270.20
- Stock is below 50 SMA: 282.96
- Stock is below 100 SMA: 311.50
- 52 Week High: 469
Stock chart for BIIB (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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