639 contracts traded for POWW $7.5 strike calls for expiration 11/19/21 with open interest of (19,255) when the shares were trading at 7.29.
POWW $7.5 strike calls for 11/19/21 expiration
Option Flow Order Summary
- Size: 639
- Sentiment: BULLISH
- Estimated Cost Per Contract: 28,755
- Estimated Premium Value: $29K
- Volume: 8,758
- Open Interest: 19,255
- Contract Close Price: 7.12
- Stock Price at Trade: 7.29
- Market Action Score: 80.00% Bullish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (19,255).
- The order flow was detected as a sweep.
- The Stock has earnings coming up. – 2021-02-16
Stock Technical Information
- Stock Levels: Last Close: 7.12 , Points Change: +0.17, % Change: ⬆️ 2.39%
- Today’s Volume: 2.98M (10 Days average: 2.12M)
Price Levels to consider for tomorrow:
- Resistance 2: 7.45
- Resistance 1: 7.34
- Pivot Point: 7.08
- Support 1: 6.86
- Support 2: 6.73
- Stock is above 10 SMA: 6.66
- Stock is above 20 SMA: 6.45
- Stock is above 50 SMA: 6.39
- Stock is above 100 SMA: 7.02
- 52 Week High: 10
Stock chart for POWW (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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