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Options Alert for PetMed Express (PETS)
Posted on 03/15/2010
 PETS options saw interesting call activity today. A total of 209 put and 1,284 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.16. There were 6.14 calls traded for each put contract.
Options are useful tools for predicting the movement of the
underlying stock. Put/Call ratio statistics serve as a useful predictor of investment
sentiment, indicating what experienced investors are doing in preparation for a move of an
underlying stock. Thus, unusual volume provides reliable clues that the stock is
expected to make a move.
Shares of PetMed Express gained $1.44 (+6.88%) to $22.36.
The stock closed at $20.92 in the last trading session and today the shares of PETS opened at $20.99.
So far today, the stock has hit a low of $20.61 and high of $22.46. The current trading volume of 725,676
is greater than average volume of 323,975 shares.
PETS is trading above the 50 day moving average and higher than the 200 day moving average.
The stock's 52 week low is $14.05 and 52 week high is $20.96.
by Leo Goldman
Options Analytics Group
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