Options Update for Consolidated Communications Holdings (CNSL)

Posted on 07/12/2010 by Leo Goldman

NEW YORK (Market Intellisearch) -- CNSL options saw interesting call activity today. A total of 28 put and 5,847 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.00. There were 208.82 calls traded for each put contract.

Put/Call ratio is often used to measure investment sentiment, the ratio serves as a predictor of investor behavior. Unusual options volume provides reliable clues that the stock is expected to make a move.

Consolidated Communications Holdings (CNSL) closed at $18.07 in the last trading session and opened today at $18.02. CNSL is trading at $17.92, down $0.15 (-0.83%) in today's trading session. The daily low is $17.85 and the high is $18.07. The trading volume of 246,856 is above the average volume of 141,786 shares. CNSL is trading above the 50 day moving average and higher than the 200 day moving average. The stock's 52 week low is $10.84 and 52 week high is $19.50. The stock has a P/E ratio of 18.84 and a dividend yield of 8.57%.





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