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Options Update for Baker Hughes Inc (BHI)
Posted on 03/08/2010
 BHI options saw interesting call activity today. A total of 732 put and 8,105 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.09. There were 11.07 calls traded for each put contract.
Unusual volume provides reliable clues that the stock is expected to make a move.
Investors can use the Put/Call ratio statistics to measure trader sentiment.
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.
Baker Hughes Inc (BHI) closed at $50.89 in the last trading session and opened today at $51.08. BHI is
trading at $50.38, down $0.51 (-1.00%) in today's trading session. The daily
low is $50.21 and the high is $51.59. The trading volume of 3,387,349 is below the
average volume of 5,523,090 shares. BHI is trading above the 50 day moving
average and higher than the 200 day moving average.
The stock's 52 week low is $25.69 and 52 week high is $51.00. The stock has a P/E ratio of 37.58 and a dividend yield of 1.18%.
Sasha Gelf
Options Analytics Group
sasha.gelf@marketintellisearch.com
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