Daily Commentary for S&P 500 Companies S&P 500 Options Alerts
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Daily Options Trading for Acorda Therapeutics (ACOR)
Posted on 03/17/2010
 Acorda Therapeutics options saw high put activity today. A total of 12,126 put and 182 call contracts were traded raising a high Put/Call volume alert. Today's traded Put/Call ratio is 66.63. There were 66.63 puts traded for each call contract.
Options can be used as predictors of stock behavior. Investors can
use Put/Call ratios as technical indicators to read for signs of institutional sentiment. The
Put/Call ratios offer insight to investors and can be used as either a direct or contrarian
indicator for trading decisions. Unusual volume provides reliable clues that the stock is
expected to make a move.
Shares of Acorda Therapeutics closed at $36.11 in the previous trading session and opened today at $36.04.
ACOR is currently trading at $35.86, down $0.25 (-0.69%) in today's trading session.
The shares of the stock are trading between $35.77 and $36.49.
Today's volume of 339,876 shares is less than the average volume of 885,861 shares.
The technical momentum Relative Strengh Index indicator shows overbought conditions. ACOR is trading above the 50 day moving average and higher than the 200 day moving average.
The stock's 52 week low is $15.52 and 52 week high is $36.48.
by Leo Goldman
Options Analytics Group
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