|
Daily Options Trading for Owens Corning (OC)
NEW YORK (Market Intellisearch) -- Owens Corning options saw high put activity today. A total of 4,130 put and 456 call contracts were traded raising a high Put/Call volume alert. Today's traded Put/Call ratio is 9.06. There were 9.06 puts traded for each call contract.
The ratio skew implies that investors are hedging their positions in anticipation of a stock move. Today’s unusual volume activity confirms that traders are rebalancing their portfolios.
Owens Corning (OC) closed at $30.90 in the last trading session and opened today at $31.05. OC is
trading at $31.40, up $0.50 (+1.62%) in today's trading session. The daily
low is $30.59 and the high is $31.72. The trading volume of 1,120,641 is below the
average volume of 2,268,390 shares. OC is trading above the 50 day moving
average and higher than the 200 day moving average.
The stock's 52 week low is $16.69 and 52 week high is $37.36.
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.
|
