Unusual Trading Activity for Electronic Arts Inc. (ERTS)
Posted on 07/29/2010 by Leo Goldman
NEW YORK (Market Intellisearch) -- Electronic Arts Inc. options saw high put activity today. A total of 3,389 put and 891 call contracts were traded raising a high Put/Call volume alert. Today's traded Put/Call ratio is 3.80. There were 3.80 puts traded for each call contract.
Options can be used as predictors of stock behavior. Investors can
use Put/Call ratios as technical indicators to read for signs of institutional sentiment. The
Put/Call ratios offer insight to investors and can be used as either a direct or contrarian
indicator for trading decisions. Unusual volume provides reliable clues that the stock is
expected to make a move.
Shares of Electronic Arts Inc. edged down $0.15 (-0.93%) to $16.01.
The stock closed at $16.16 in the previous trading session and opened today at $16.29.
The price of the stock ranged between a low of $15.68 and $16.38 respectively.
The trading volume of 4,110,435 is below the 90 day average volume of 6,984,830 shares.
ERTS is trading above the 50 day moving average.
The stock's 52 week low is $14.06 and 52 week high is $22.14.
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