Understanding Global X Uranium ETF’s Unusual Options Activity

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Global X Uranium ETF (NYSE: URA ) shares experienced unusual options activity on Wednesday. The stock price moved down to $20.7 following the option alert. Sentiment: BULLISH

Option Type: SWEEP

Trade Type: PUT Expiration Date: 2021-10-15 Strike Price: $19.00 Volume: 1647 Open Interest: 14213 Three Indications Of Unusual Options Activity Exceptionally large volume (compared to historical averages) is one reason for which options market activity can be considered unusual. The volume of options activity refers to the number of contracts traded over a given time period. The number of contracts that have been traded, but not yet closed by either counterparty, is called open interest. A contract cannot be considered closed until there exists […]

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