200 contracts traded for PAA $7 strike calls for expiration 01/20/23 with open interest of (5,783) when the shares were trading at 10.16.
PAA $7 strike calls for 01/20/23 expiration
Option Flow Order Summary
- Size: 200
- Sentiment: BEARISH
- Estimated Cost Per Contract: 64,000
- Estimated Premium Value: $64K
- Volume: 200
- Open Interest: 5,783
- Contract Close Price: 10.41
- Stock Price at Trade: 10.16
- Market Action Score: 60.00% Bearish
Why is this an Unusual Option Activity?
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 10.41 , Points Change: 0.26, % Change: ⬇️ -2.50%
- Today’s Volume: 213K (10 Days average: 3.22M)
Price Levels to consider for tomorrow:
- Resistance 2: 10.54
- Resistance 1: 10.50
- Pivot Point: 10.41
- Support 1: 10.32
- Support 2: 10.28
- Stock is below 10 SMA: 10.63
- Stock is below 20 SMA: 10.55
- Stock is above 50 SMA: 10.26
- Stock is above 100 SMA: 10
- 52 Week High: 12
Stock chart for PAA (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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