Interesting Options Volume for Tyco International Ltd. (TYC)
Posted on 07/28/2010 by Leo Goldman
NEW YORK (Market Intellisearch) -- TYC options saw interesting call activity today. A total of 2,075 put and 10,732 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.19. There were 5.17 calls traded for each put contract.
Put/Call ratio can be regarded as a predictor of investment sentiment,
indicating what experienced investors are doing in preparation for a move of an underlying equity.
A high Put/Call ratio suggests that the investor sentiment is bearish and that investors are
expecting the underlying stock price to decrease. Conversely, a low Put/Call ratio implies
that the investor sentiment is bullish and that investors are expecting the underlying
stock price to increase. Thus, unusual volume provides reliable clues that the stock is
expected to make a move.
Shares of Tyco International Ltd. closed at $36.56 in the previous trading session and opened today at $36.55.
TYC is currently trading at $36.58, up $0.02 (+0.05%) in today's trading session.
The shares of the stock are trading between $36.30 and $36.81.
Today's volume of 4,156,609 shares is less than the average volume of 6,913,940 shares.
TYC is trading above the 50 day moving average and lower than the 200 day moving average.
The stock's 52 week low is $28.55 and 52 week high is $40.61.
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