168 contracts traded for SNAP $50 strike calls for expiration 06/17/22 with open interest of (1,325) when the shares were trading at 54.42.
SNAP $50 strike calls for 06/17/22 expiration
Option Flow Order Summary
- Size: 168
- Sentiment: BULLISH
- Estimated Cost Per Contract: 183,120
- Estimated Premium Value: $183K
- Volume: 367
- Open Interest: 1,325
- Contract Close Price: 55.11
- Stock Price at Trade: 54.42
- Market Action Score: 66.67% Bearish
Why is this an Unusual Option Activity?
- The Trade Volume is above Open Interest of (1,325).
- The order flow was detected as a sweep.
Stock Technical Information
- Stock Levels: Last Close: 55.11 , Points Change: 0.66, % Change: ⬇️ -1.20%
- Today’s Volume: 11.15M (10 Days average: 16.66M)
Price Levels to consider for tomorrow:
- Resistance 2: 56.53
- Resistance 1: 56.06
- Pivot Point: 54.86
- Support 1: 53.91
- Support 2: 53.31
- Stock is above 10 SMA: 53.86
- Stock is below 20 SMA: 55.98
- Stock is below 50 SMA: 67.39
- Stock is below 100 SMA: 69.20
- 52 Week High: 83
Stock chart for SNAP (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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