42 contracts traded for QQQ $387 strike calls for expiration 01/21/22 with open interest of (1,115) when the shares were trading at 394.45.
QQQ $387 strike calls for 01/21/22 expiration
Option Flow Order Summary
- Size: 42
- Sentiment: BEARISH
- Estimated Cost Per Contract: 75,579
- Estimated Premium Value: $76K
- Volume: 98
- Open Interest: 1,115
- Contract Close Price: 390.59
- Stock Price at Trade: 394.45
- Market Action Score: 66.67% Bullish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (1,115).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 390.59 , Points Change: +3.87, % Change: ⬆️ 0.99%
- Today’s Volume: 21.33M (10 Days average: 38.66M)
Price Levels to consider for tomorrow:
- Resistance 2: 392.92
- Resistance 1: 392.15
- Pivot Point: 391.19
- Support 1: 389.64
- Support 2: 389.16
- Stock is below 10 SMA: 392.61
- Stock is above 20 SMA: 384.54
- Stock is above 50 SMA: 374.80
- Stock is above 100 SMA: 369.42
- 52 Week High: 401
Stock chart for QQQ (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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