Options Alert for Dollar Thrifty Automotive Group Inc. (DTG)
Posted on 07/28/2010 by Leo Goldman
NEW YORK (Market Intellisearch) -- DTG options saw interesting call activity today. A total of 70 put and 8,221 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.01. There were 117.44 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.
Dollar Thrifty Automotive Group Inc. (DTG) closed at $47.84 in the last trading session and opened today at $47.90. DTG is
trading at $48.68, up $0.84 (+1.76%) in today's trading session. The daily
low is $47.82 and the high is $48.80. The trading volume of 1,180,725 is below the
average volume of 1,204,990 shares. DTG is trading above the 50 day moving
average and higher than the 200 day moving average.
The stock's 52 week low is $15.54 and 52 week high is $52.05.
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