208 contracts traded for MP $40 strike puts for expiration 12/17/21 with open interest of (916) when the shares were trading at 42.08.
MP $40 strike puts for 12/17/21 expiration
Option Flow Order Summary
- Size: 208
- Sentiment: BEARISH
- Estimated Cost Per Contract: 51,979.20
- Estimated Premium Value: $52K
- Volume: 241
- Open Interest: 916
- Contract Close Price: 38.83
- Stock Price at Trade: 42.08
- Market Action Score: 53.33%
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
- The Stock has earnings coming up. – 2021-11-04
Stock Technical Information
- Stock Levels: Last Close: 38.83 , Points Change: +3.11, % Change: ⬆️ 8.01%
- Today’s Volume: 1.2M (10 Days average: 3.34M)
Price Levels to consider for tomorrow:
- Resistance 2: 42.59
- Resistance 1: 41.34
- Pivot Point: 39.92
- Support 1: 37.40
- Support 2: 36.69
- Stock is above 10 SMA: 36.84
- Stock is above 20 SMA: 35.86
- Stock is above 50 SMA: 33.99
- Stock is above 100 SMA: 34.66
- 52 Week High: 52
Stock chart for MP (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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