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

Options Alert for Stericycle Inc (SRCL)
Posted on 02/23/2010

Unusual volume of call contracts was traded today. There were 1,044 call contracts traded compared to the ten day average volume of 168 contracts. On the put side, 0 put contracts exchanged hands. Today's traded Put/Call ratio is 0.00. There were 1044.00 calls traded for each put contract.

The following alerts were raised:
- Unusual Call Volume
- Low Put/Call Ratio
- 90 Day Record High Call Volume

A significant increase in the trading volume of a stock's option often is a precursor of movement by the underlying stock. In such instances, Put/Call Ratio can be used as an investor sentiment indicator, where a high ratio implies that the overall investor sentiment is bearish and a low Put/Call ratio implies that the overall sentiment is bullish.

Shares of Stericycle Inc slipped $0.62 (-1.14%) to $53.98. The stock closed at $54.60 in the last trading session and today the shares of SRCL opened at $54.46. So far today, the stock has hit a low of $53.98 and high of $54.65. The current trading volume of 828,540 is greater than average volume of 609,690 shares. SRCL is trading below the 50 day moving average and higher than the 200 day moving average. The stock's 52 week low is $45.96 and 52 week high is $58.34. Stericycle Inc has earnings per share of $2.02.

by Leo Goldman