Daily Commentary for S&P 500 Companies   S&P 500 Options Alerts

Trading Update for Automatic Data Processing (ADP)
Posted on 02/09/2010

ADP options saw interesting call activity today. A total of 156 put and 1,010 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.15.

Put/Call ratio statistics can be used as an investor sentiment indicator. 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.

Shares of Automatic Data Processing edged up $0.38 (0.74%) to $40.70. The stock closed yesterday at $40.40 and opened today at $40.83. The price of the stock ranged between a low of $40.46 and $41.09 respectively. The stock price rose $0.38 (0.74%) to $40.70 in today's trading session. The trading volume of 1,323,750 is below the 90 day average volume of 2,941,660 shares. ADP is trading below the 50 day moving average. Automatic Data Processing has earnings per share of $2.66. The stock's 52 week low is $32.03 and 52 week high is $44.50. The stock has a P/E ratio of 15.18 and a dividend yield of 3.29%.

by Leo Goldman