NEW YORK (Market Intellisearch) -- EBAY options saw interesting call activity today. A total of 4,977 put and 23,117 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.22. There were 4.64 calls traded for each put contract.
A significant increase in the trading volume of a stock's option often is a precursor of movement by the underlying stock.
In such instances, Put/Call Ratio can be used as an investor sentiment indicator, where a high ratio implies that the overall
investor sentiment is bearish and a low Put/Call ratio implies that the overall sentiment is bullish.
Shares of eBay Inc. gained $0.14 (+0.67%) to $20.91.
The stock closed at $20.77 in the last trading session and today the shares of EBAY opened at $20.60.
So far today, the stock has hit a low of $20.53 and high of $21.14. The current trading volume of 10,253,592
is less than average volume of 18,805,100 shares.
EBAY is trading below the 50 day moving average and lower than the 200 day moving average.
The stock's 52 week low is $19.06 and 52 week high is $28.37.
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.