NEW YORK (Market Intellisearch) -- Websense options saw high put activity today. A total of 2,244 put and 295 call contracts were traded raising a high Put/Call volume alert. Today's traded Put/Call ratio is 7.61. There were 7.61 puts traded for each call 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.
Shares of WBSN closed at $21.38 in the previous trading session and opened today at $18.81.
Websense settled the day down $2.67 to $18.71 in the trading session.
The day's trading range is between $18.51 and $19.37 respectively. On the volume side,
2,647,060 shares were traded which is greater than the average volume of 553,633 shares.
WBSN is trading below the 50 day moving average and lower than the 200
day moving average. The stock's 52 week low is $14.56 and 52 week high is $25.28.
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