|
Price Alert for Cabot Oil & Gas (COG)
Posted on 03/18/2010
COG options saw interesting call activity today. A total of 216 put and 1,500 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.14. There were 6.94 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.
Cabot Oil & Gas (COG) closed at $41.62 in the last trading session and opened today at $40.83. COG is
trading at $39.42, down $2.20 (-5.29%) in today's trading session. The daily
low is $39.39 and the high is $41.33. The trading volume of 2,085,293 is above the
average volume of 1,368,800 shares. COG is trading below the 50 day moving
average and higher than the 200 day moving average.
The stock's 52 week low is $22.46 and 52 week high is $46.46. The stock has a P/E ratio of 29.06 and a dividend yield of 0.29%.
by Leo Goldman Options Analytics Group
|