900 contracts traded for BITO $37 strike puts for expiration 12/17/21 with open interest of (6,058) when the shares were trading at 41.03.
BITO $37 strike puts for 12/17/21 expiration
Option Flow Order Summary
- Size: 900
- Sentiment: BEARISH
- Estimated Cost Per Contract: 202,500
- Estimated Premium Value: $203K
- Volume: 950
- Open Interest: 6,058
- Contract Close Price: 41.12
- Stock Price at Trade: 41.03
- Market Action Score: 80.00% Bearish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (6,058).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 41.12 , Points Change: 0.10, % Change: ⬇️ -0.24%
- Today’s Volume: 5.63M (10 Days average: 6.64M)
Price Levels to consider for tomorrow:
- Resistance 2: 41.88
- Resistance 1: 41.62
- Pivot Point: 40.79
- Support 1: 40.28
- Support 2: 39.87
- Stock is above 10 SMA: 41.04
- Stock is above 20 SMA: 0
- Stock is above 50 SMA: 0
- Stock is above 100 SMA: 0
- 52 Week High: 44
Stock chart for BITO (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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