NEW YORK (Market Intellisearch) -- Dean Foods Co. options saw high put activity today. A total of 5,279 put and 1,271 call contracts were traded raising a high Put/Call volume alert. Today's traded Put/Call ratio is 4.15. There were 4.15 puts traded for each call contract.
Options are useful tools for predicting the movement of the
underlying stock. Put/Call ratio statistics serve as a useful predictor of investment
sentiment, indicating what experienced investors are doing in preparation for a move of an
underlying stock. Thus, unusual volume provides reliable clues that the stock is
expected to make a move.
Shares of DF closed at $11.68 in the previous trading session and opened today at $11.70.
Dean Foods Co. settled the day down $0.20 to $11.48 in the trading session.
The day's trading range is between $11.29 and $11.74 respectively. On the volume side,
3,147,802 shares were traded which is less than the average volume of 6,000,220 shares.
DF is trading above the 50 day moving average and lower than the 200
day moving average. The stock's 52 week low is $9.38 and 52 week high is $21.74.
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