58 contracts traded for SHOP $1750 strike calls for expiration 11/19/21 with open interest of (1,951) when the shares were trading at 1743.94.
SHOP $1750 strike calls for 11/19/21 expiration
Option Flow Order Summary
- Size: 58
- Sentiment: BEARISH
- Estimated Cost Per Contract: 97,080.40
- Estimated Premium Value: $96K
- Volume: 3,264
- Open Interest: 1,951
- Contract Close Price: 1,681.30
- Stock Price at Trade: 1743.94
- Market Action Score: 86.67% Bullish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (1,951).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 1,681.30 , Points Change: +58.88, % Change: ⬆️ 3.50%
- Today’s Volume: 206K (10 Days average: 1.01M)
Price Levels to consider for tomorrow:
- Resistance 2: 1,719.59
- Resistance 1: 1,706.83
- Pivot Point: 1,672.02
- Support 1: 1,646.49
- Support 2: 1,629.09
- Stock is above 10 SMA: 1,590.15
- Stock is above 20 SMA: 1,522.06
- Stock is above 50 SMA: 1,461.08
- Stock is above 100 SMA: 1,487.90
- 52 Week High: 2K
Stock chart for SHOP (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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