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Options Alert for NetEase.com (NTES)
Posted on 03/15/2010
NTES options saw interesting call activity today. A total of 405 put and 3,013 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.13. There were 7.44 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 NTES closed at $40.20 in the previous trading session and opened today at $40.10.
NetEase.com settled the day down $0.17 to $40.03 in the trading session.
The day's trading range is between $39.85 and $40.78 respectively. On the volume side,
492,174 shares were traded which is less than the average volume of 967,387 shares.
NTES is trading above the 50 day moving average and higher than the 200
day moving average. The stock's 52 week low is $21.00 and 52 week high is $48.50.
by Leo Goldman Options Analytics Group
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