927 contracts traded for PTEN $9 strike calls for expiration 12/17/21 with open interest of (3,332) when the shares were trading at 8.5.
PTEN $9 strike calls for 12/17/21 expiration
Option Flow Order Summary
- Size: 927
- Sentiment: BULLISH
- Estimated Cost Per Contract: 41,715
- Estimated Premium Value: $42K
- Volume: 957
- Open Interest: 3,332
- Contract Close Price: 8.71
- Stock Price at Trade: 8.5
- Market Action Score: 53.33% Bearish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (3,332).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 8.71 , Points Change: 0.21, % Change: ⬇️ -2.41%
- Today’s Volume: 65K (10 Days average: 2.25M)
Price Levels to consider for tomorrow:
- Resistance 2: 8.89
- Resistance 1: 8.83
- Pivot Point: 8.59
- Support 1: 8.46
- Support 2: 8.34
- Stock is below 10 SMA: 9.05
- Stock is below 20 SMA: 9.11
- Stock is below 50 SMA: 8.86
- Stock is above 100 SMA: 8.49
- 52 Week High: 11
Stock chart for PTEN (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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