NEW YORK (Market Intellisearch) -- Unusual volume of call contracts was traded today. There were 8,847 call contracts traded compared to the ten day average volume of 2,823 contracts. On the put side, 520 put contracts exchanged hands. Today's traded Put/Call ratio is 0.06. There were 17.01 calls traded for each put contract.
The following alerts were raised:
- Unusual Call Volume
- Low Put/Call Ratio
Unusual volume provides reliable clues that the stock is expected to make a move. Investors can use the Put/Call ratio statistics to measure trader sentiment. A high Put/Call ratio suggests that the overall investment sentiment is bearish and that investors expect the underlying stock to decrease in value. Conversely, a low Put/Call ratio implies that the overall investor sentiment is bullish based on the large amount of call options.
via www.marketintellisearch.com