NEW YORK (AVAFIN) -- The number of call contracts heavily outweighed the number of put contracts during yesterday's session. A low
put/call ratio alert was raised on shares of Brocade Communications Systems where a total of 1,807 put and 7,780 call contracts
View all Unusual Options Activities
Put/Call ratio is often used to measure investment sentiment, the ratio serves as a predictor of
investor behavior. Unusual options volume provides reliable clues that the stock is expected to
make a move.
Brocade Communications Systems opened yesterday at $5.89 and the stock price declined $0.08 (1.37%)
to $5.78 during the previous trading session. BRCD
is trading between the range of
$5.77 - $5.89. Performance indicators show that the stock has gained 2.97% within the last quarter.
Volume is 11,150,824 in relation to the three month
average volume of 14,757,700 shares. BRCD
is trading below the 50
day moving average and higher than the 200 day moving average.
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