|
Unusual Trading Activity for Chico's FAS (CHS)
Posted on 03/19/2010
 CHS options saw interesting call activity today. A total of 338 put and 2,672 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.13. There were 7.91 calls traded for each put contract.
A significant increase in the trading volume of a stock's option often is a precursor of movement by the underlying stock.
In such instances, Put/Call Ratio can be used as an investor sentiment indicator, where a high ratio implies that the overall
investor sentiment is bearish and a low Put/Call ratio implies that the overall sentiment is bullish.
Shares of Chico's FAS closed at $14.39 in the previous trading session and opened today at $14.48.
CHS is currently trading at $14.15, down $0.24 (-1.67%) in today's trading session.
The shares of the stock are trading between $14.08 and $14.52.
Today's volume of 2,862,838 shares is greater than the average volume of 2,626,720 shares.
CHS is trading above the 50 day moving average and higher than the 200 day moving average.
The stock's 52 week low is $4.56 and 52 week high is $15.43.
by Leo Goldman
Options Analytics Group
|
