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Daily Commentary for S&P 500 Companies S&P 500 Options Alerts
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Daily Options Trading for Helmerich & Payne (HP)
Posted on 03/05/2010
 HP options saw interesting call activity today. A total of 48 put and 1,093 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.04. There were 22.77 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 HP closed at $40.13 in the previous trading session and opened today at $40.69.
Helmerich & Payne settled the day up $0.11 to $40.24 in the trading session.
The day's trading range is between $40.00 and $40.72 respectively. On the volume side,
2,121,568 shares were traded which is less than the average volume of 2,292,420 shares.
HP is trading below the 50 day moving average and higher than the 200
day moving average. The stock's 52 week low is $19.50 and 52 week high is $49.13. The stock has a P/E ratio of 15.79 and a dividend yield of 0.50%.
Sasha Gelf
Options Analytics Group
sasha.gelf@marketintellisearch.com
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