NEW YORK (Market Intellisearch) -- MNKD options saw interesting call activity today. A total of 124 put and 1,614 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.08. There were 13.02 calls traded for each put contract.
The skewed options ratio suggests that traders are rebalancing their portfolios in anticipation of a price shift. Today’s unusual volume activity directly reflects investor outlook and confirms that a stock move is imminent.
Shares of MNKD closed at $7.19 in the previous trading session and opened today at $7.25.
MannKind Corp. settled the day down $0.23 to $6.96 in the trading session.
The day's trading range is between $6.91 and $7.29 respectively. On the volume side,
1,035,470 shares were traded which is less than the average volume of 1,743,110 shares.
MNKD is trading above the 50 day moving average and lower than the 200
day moving average. The stock's 52 week low is $4.76 and 52 week high is $12.30.
Disclaimer: The material presented in this commentary is provided for informational purposes only and is based upon information that is
considered to be reliable. Neither Market Intellisearch nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as
such. Neither Market Intellisearch nor its affiliates are responsible for any errors or for results obtained from the use of this information.
This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities or other financial
instruments mentioned in this material are not suitable for all investors. Any opinions expressed herein are given in good faith, are subject to change without
notice. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly
consider seeking advice from your own financial or investment adviser.
