1000 contracts traded for MU $72.5 strike puts for expiration 12/03/21 with open interest of (4) when the shares were trading at 76.62.
MU $72.5 strike puts for 12/03/21 expiration
Option Flow Order Summary
- Size: 1000
- Sentiment: BEARISH
- Estimated Cost Per Contract: 70,000
- Estimated Premium Value: $70K
- Volume: 1,163
- Open Interest: 4
- Contract Close Price: 76.78
- Stock Price at Trade: 76.62
- Market Action Score: 60.00% Bullish
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 76.78 , Points Change: 0.15, % Change: ⬇️ -0.20%
- Today’s Volume: 7.45M (10 Days average: 17.58M)
Price Levels to consider for tomorrow:
- Resistance 2: 78.37
- Resistance 1: 77.84
- Pivot Point: 77.22
- Support 1: 76.16
- Support 2: 75.85
- Stock is above 10 SMA: 73.94
- Stock is above 20 SMA: 71.33
- Stock is above 50 SMA: 71.46
- Stock is above 100 SMA: 73.86
- 52 Week High: 97
Stock chart for MU (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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