400 contracts traded for OKTA $277.5 strike calls for expiration 11/26/21 with open interest of (610) when the shares were trading at 252.25.
OKTA $277.5 strike calls for 11/26/21 expiration
Option Flow Order Summary
- Size: 400
- Sentiment: BULLISH
- Estimated Cost Per Contract: 34,640
- Estimated Premium Value: $35K
- Volume: 405
- Open Interest: 610
- Contract Close Price: 264.39
- Stock Price at Trade: 252.25
- Market Action Score: 66.67% Bearish
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
- The Stock has earnings coming up. – 2021-12-01
Stock Technical Information
- Stock Levels: Last Close: 264.39 , Points Change: -12.35, % Change: ⬇️ -4.67%
- Today’s Volume: 306K (10 Days average: 1M)
Price Levels to consider for tomorrow:
- Resistance 2: 273.56
- Resistance 1: 270.51
- Pivot Point: 266.15
- Support 1: 260.04
- Support 2: 257.86
- Stock is above 10 SMA: 261.50
- Stock is above 20 SMA: 257.39
- Stock is above 50 SMA: 250.57
- Stock is above 100 SMA: 249.20
- 52 Week High: 294
Stock chart for OKTA (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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