Note: This post is the analysis of the following large trade by us. It is not financial advice. The stock market is risky, and options trade may result in significant loss. Please do your own research before making any trade. Check and agree to full terms on our website before considering this information.
Large Trades
| Ticker | C/P | Strike | Expiration | Price | Size | Premium | Delta | DTE | Condition |
| NOV | Call | 17.5 | 07/21/23 | $0.15 | 11.4K | $171K | 0.19 | 21 | Single-leg |
About the trade for NOV 2023-07-21 C17.5
- bid: $.05, ask: $.15, trade price: $.15, trade size: 11400, total premium: $171000.0
- Possible trade type: BTO (buy to open).
- Possible trade motivation: break out play. Resistance level at 16.
- Note: ER on July 26.
- Trading Strategy: replicate the large trade with smaller size.
- Exit plan: take profit when stock price is near level 17 and level 18.
About the company
- ‘name’: ‘Nov Inc’, ‘country’: ‘US’, ‘finnhubIndustry’: ”, ‘ipo’: ‘1996-10-29’, ‘marketCapitalization’: ‘7618.6M’, ‘shareOutstanding’: ‘393.7M’
Weekly stock price chart
Daily stock price chart
Update on 2023-07-21
- Stock price hit high of 17.47 on July 7 and high of 18.83 on July 18.
- Options contract price hit high of $1.2, leading to 600% gain.
Daily stock price chart
Options contract price chart
