443 contracts traded for GM $60 strike calls for expiration 11/19/21 with open interest of (35,232) when the shares were trading at 63.96.
GM $60 strike calls for 11/19/21 expiration
Option Flow Order Summary
- Size: 443
- Sentiment: BEARISH
- Estimated Cost Per Contract: 183,446.30
- Estimated Premium Value: $183K
- Volume: 1,938
- Open Interest: 35,232
- Contract Close Price: 61.82
- Stock Price at Trade: 63.96
- Market Action Score: 66.67% Bullish
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 61.82 , Points Change: +2.14, % Change: ⬆️ 3.46%
- Today’s Volume: 14.4M (10 Days average: 18.89M)
Price Levels to consider for tomorrow:
- Resistance 2: 63.41
- Resistance 1: 62.88
- Pivot Point: 61.09
- Support 1: 60.04
- Support 2: 59.14
- Stock is above 10 SMA: 57.80
- Stock is above 20 SMA: 57.36
- Stock is above 50 SMA: 54.50
- Stock is above 100 SMA: 54.69
- 52 Week High: 64
Stock chart for GM (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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