490 contracts traded for GM $80 strike calls for expiration 01/21/22 with open interest of (14,004) when the shares were trading at 61.95.
GM $80 strike calls for 01/21/22 expiration
Option Flow Order Summary
- Size: 490
- Sentiment: BULLISH
- Estimated Cost Per Contract: 27,440
- Estimated Premium Value: $27K
- Volume: 2,729
- Open Interest: 14,004
- Contract Close Price: 59.27
- Stock Price at Trade: 61.95
- Market Action Score: 66.67%
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (14,004).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 59.27 , Points Change: +2.68, % Change: ⬆️ 4.52%
- Today’s Volume: 21.82M (10 Days average: 17.22M)
Price Levels to consider for tomorrow:
- Resistance 2: 61.33
- Resistance 1: 60.64
- Pivot Point: 59.19
- Support 1: 57.81
- Support 2: 57.09
- Stock is above 10 SMA: 57.04
- Stock is above 20 SMA: 57.15
- Stock is above 50 SMA: 54.25
- Stock is above 100 SMA: 54.66
- 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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