1706 contracts traded for QQQ $392 strike puts for expiration 11/19/21 with open interest of (10,774) when the shares were trading at 397.695.
QQQ $392 strike puts for 11/19/21 expiration
Option Flow Order Summary
- Size: 1706
- Sentiment: BEARISH
- Estimated Cost Per Contract: 65,851.60
- Estimated Premium Value: $67K
- Volume: 9,381
- Open Interest: 10,774
- Contract Close Price: 397.42
- Stock Price at Trade: 397.695
- Market Action Score: 86.67% Bullish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (10,774).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 397.42 , Points Change: +0.29, % Change: ⬆️ 0.07%
- Today’s Volume: 24.79M (10 Days average: 37.59M)
Price Levels to consider for tomorrow:
- Resistance 2: 399.81
- Resistance 1: 399.01
- Pivot Point: 396.34
- Support 1: 394.74
- Support 2: 393.40
- Stock is above 10 SMA: 395.02
- Stock is above 20 SMA: 388.02
- Stock is above 50 SMA: 375.68
- Stock is above 100 SMA: 370.83
- 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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