| Investors interested in trading options should use reliable online brokers with a reputable track record. The industry leaders in online trading are ScotTrade.com, Charles Schwab, TD Ameritrade, Fidelity.com, OptionsXpress.com, ETRADE.com and InteractiveBrokers.com. Our favorite brokers are TD Ameritrade, Charles Schwab, ScotTrade, Fidelity Investments and Interactive Brokers. ScotTrade fees are $7 per trade, Fidelity charges $8 and for active traders we recommend Interactive Brokers where each stock and options trade costs only $1. Traders will find latest stock research and analyst reports available to them at anyone of the online brokerages listed above. Additional options reasearch can be obtained from Morningstar.com, Morningstar contains all the latest options news and information that every investor needs to know. |
Daily Commentary for S&P 500 Companies S&P 500 Options Alerts
|
Daily Options Trading for Pride International (PDE)
Posted on 03/11/2010
PDE options saw interesting call activity today. A total of 376 put and 12,293 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.03. There were 32.69 calls traded for each put contract.
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 PDE closed at $30.48 in the previous trading session and opened today at $30.20.
Pride International settled the day up $0.14 to $30.62 in the trading session.
The day's trading range is between $30.14 and $30.73 respectively. On the volume side,
2,531,415 shares were traded which is greater than the average volume of 2,167,090 shares.
PDE is trading above the 50 day moving average and higher than the 200
day moving average. The stock's 52 week low is $16.38 and 52 week high is $34.67.
by Sasha Gelf Options Analytics Group
|
 |