Interesting Options Volume for Tempur-Pedic International (TPX)
Posted on 02/25/2010
 TPX options saw interesting call activity today. A total of 211 put and 1,161 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.18. There were 5.50 calls traded for each put contract.
Options can be used as predictors of stock behavior. Investors can
use Put/Call ratios as technical indicators to read for signs of institutional sentiment. The
Put/Call ratios offer insight to investors and can be used as either a direct or contrarian
indicator for trading decisions. Unusual volume provides reliable clues that the stock is
expected to make a move.
Shares of TPX closed at $27.48 in the previous trading session and opened today at $27.03.
Tempur-Pedic International settled the day up $0.80 to $28.28 in the trading session.
The day's trading range is between $26.90 and $28.34 respectively. On the volume side,
1,412,838 shares were traded which is greater than the average volume of 1,239,600 shares.
TPX is trading above the 50 day moving average and higher than the 200
day moving average. The stock's 52 week low is $3.84 and 52 week high is $28.96.
Sasha Gelf
Options Analytics Group
sasha.gelf@marketintellisearch.com
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