Daily Commentary for S&P 500 Companies S&P 500 Options Alerts
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Options Activity for Advance Auto Parts (AAP)
Posted on 03/17/2010
 AAP options saw interesting call activity today. A total of 17 put and 1,239 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.01. There were 72.88 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 Advance Auto Parts gained $0.05 (+0.12%) to $42.35.
The stock closed at $42.30 in the last trading session and today the shares of AAP opened at $42.47.
So far today, the stock has hit a low of $42.11 and high of $42.59. The current trading volume of 1,653,022
is greater than average volume of 1,536,460 shares.
AAP is trading above the 50 day moving average and higher than the 200 day moving average.
The stock's 52 week low is $36.11 and 52 week high is $47.41.
by Leo Goldman
Options Analytics Group
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