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Daily Options Trading for Forest Oil Corporation (FST)
Posted on 03/02/2010

FST options saw interesting call activity today. A total of 620 put and 9,097 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.07. There were 14.67 calls traded for each put contract.

Put/Call ratio is often used to measure investor sentiment, the ratio serves as a predictor of investor behavior. A high Put/Call ratio suggests that the investor sentiment is bearish and that investors expect the underlying stock to decrease in value. In contrast, a low Put/Call ratio suggests that the investor sentiment is bullish and that the underlying stock is expected to increase in value. Unusual volume provides reliable clues that the stock is expected to make a move.

Shares of Forest Oil Corporation closed at $27.41 in the previous trading session and opened today at $27.59. FST is currently trading at $28.05, up $0.64 (+2.33%) in today's trading session. The shares of the stock are trading between $27.52 and $28.21. Today's volume of 2,740,640 shares is greater than the average volume of 2,884,180 shares. FST is trading above the 50 day moving average and higher than the 200 day moving average. The stock's 52 week low is $10.33 and 52 week high is $28.72. Forest Oil Corporation has earnings per share of $-8.85.

Sasha Gelf
Options Analytics Group
sasha.gelf@marketintellisearch.com

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