Options Trader Alert for Questcor Pharmaceuticals (QCOR)
Posted on 07/29/2010 by Leo Goldman
NEW YORK (Market Intellisearch) -- QCOR options saw interesting call activity today. A total of 62 put and 2,075 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.03. There were 33.47 calls traded for each put contract.
Unusual volume provides reliable clues that the stock is expected to make a move.
Investors can use the Put/Call ratio statistics to measure trader sentiment.
A high Put/Call ratio suggests that the overall investment sentiment is bearish and that
investors expect the underlying stock to decrease in value. Conversely, a low Put/Call
ratio implies that the overall investor sentiment is bullish based on the large amount
of call options.
Shares of Questcor Pharmaceuticals closed at $9.10 in the previous trading session and opened today at $9.65.
QCOR is currently trading at $11.25, up $2.15 (+23.63%) in today's trading session.
The shares of the stock are trading between $9.30 and $11.32.
Today's volume of 1,818,023 shares is greater than the average volume of 772,053 shares.
QCOR is trading above the 50 day moving average and higher than the 200 day moving average.
The stock's 52 week low is $3.33 and 52 week high is $11.62.
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