NEW YORK (AVAFIN) -- SUPERVALU options established a new 90-day record for traded call and put contracts. A total of 14,550
put and 19,826 call contracts were traded raising a 0.73 put/call ratio on shares of SVU
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Investors use options to manage risk and to speculate on price changes. Options can provide
significant leverage if the stock moves in the right direction but aslo end up worthless if it
doesn't.
The trading volume of 38M is above the 90 day average volume of 6M shares.
Shares of SUPERVALU edged up $0.81 (+15.23%) to $6.13. The price of the stock ranged
between a low of $5.65 and $6.31 respectively.
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