Interesting Options Volume for Volcano Corporation (VOLC)
Posted on 07/30/2010 by Leo Goldman
NEW YORK (Market Intellisearch) -- Volcano Corporation options saw high put activity today. A total of 1,133 put and 17 call contracts were traded raising a high Put/Call volume alert. Today's traded Put/Call ratio is 66.65. There were 66.65 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.
Shares of VOLC closed at $21.06 in the previous trading session and opened today at $22.93.
Volcano Corporation settled the day up $1.01 to $22.07 in the trading session.
The day's trading range is between $21.78 and $23.51 respectively. On the volume side,
1,175,965 shares were traded which is greater than the average volume of 481,667 shares.
VOLC is trading below the 50 day moving average and higher than the 200
day moving average. The stock's 52 week low is $13.45 and 52 week high is $25.75.
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.
