NEW YORK (AVAFIN) -- Today's call volume outnumbered put contracts at a ratio of 31.0:1, yielding 0.03
put/call ratio. Call volume for Industrial Select Sector SPDR contracts was 335,741 versus the average ten day volume
of 44,355.
Options can be used as predictors of stock behavior. Investors can use put/call ratios as
technical indicators to read for signs of institutional sentiment. The put/call ratios
offer insight to investors and can be used as either a direct or contrarian indicator
for trading decisions. Unusual volume provides reliable clues that the stock is expected
to make a move.
Shares of Industrial Select Sector SPDR gained $0.45 (+1.19%) to $38.14. The last trading session witnessed a
low of $37.61 and high of $38.17 during the day. The current trading volume of 16M is greater
than average volume of 13M shares. XLI is trading above the 50 day moving average
and higher than the 200 day moving average. The stock's 52 week low is $27.67 and 52 week high is $38.98. To date, the stock has gained 16.67% within the last quarter.
