Options Trader Alert for Teva Pharmaceutical Industries (TEVA)

Posted on 04/10/2012 by Evelyn Greenberg

Share




NEW YORK (AVAFIN) -- Options traders were heavily trading call contracts during the last trading session establishing a new 3-month call volume record. A total of 12,461 put and 39,016 calls were traded where call contracts outnumbered puts 3.1:1, yielding a 0.32 ratio.

The skewed options ratio suggests that traders are re-balancing their portfolios in anticipation of a price shift. Unusual volume activity directly reflects investor outlook and confirms that a stock move is imminent.

Teva's oral multiple sclerosis drug, laquinimod, failed to meet clinical endpoints in its second Phase III trial and appears to be less effective than competing compounds from Novartis and Biogen Idec. Additionaly, Teva faces considerable competition from low-cost producers in India and China. Aggressive entry pricing could weaken Teva's dominant market position.

Teva Pharmaceutical Industries settled the day down $0.64 to $43.86 in the previous trading session. Today's trading range was between $43.70 and $44.96 respectively. On the volume side, 4M shares were traded, which is greater than the average volume of 4M shares. TEVA is trading below the 50 day moving average and higher than the 200 day moving average. The stock's 52 week low is $35.00 and 52 week high is $51.15. To date, the stock has lost -3.77% within the last week. The stock has a P/E ratio of 14.40 and a dividend yield of 2.14%.

Teva Pharmaceutical Industries Ltd is a global pharmaceutical company that develops, produces and markets generic drugs covering all major treatment categories.

Option Alerts    Technical Alerts    Market Movers    Candle Stick Alerts    Chart Patterns
You need to upgrade your Flash Player

    search    
Market Snapshot (04/10/2012)
  SPX 1360.07 -22.13 -1.60%
  DOW 12728.2 -201.40 -1.56%
  NASDAQ 2994.75 -52.33 -1.72%
  VIX 20.78 1.97 10.47%
   subscribe
ADVISORY ALERTS

:: Market Movers ::

:: Technical Alerts ::

:: Candle Stick Alerts ::

:: Chart Patterns ::

:: Options Advisory Center ::

:: Block Trades Review ::

:: Trade Flow Analysis ::

PARTNER CENTER
Devon Ups 2012 Capex Guidance
Textron Inc. - Value
Wait Continues for Vivus' Qnexa
Balanced View on E*TRADE
Fidelity National Information Services, Inc. - Growth & Income
PPL Corp. to Issue Common Shares
Positive Data on Bayer/Onyx Candidate
Conoco Shelves Mackenzie Project
Town Sports - Aggressive Growth
J&J SNACK FOODS (JJSF) - Profit Tracks
Embraer-Boeing in Strategic Tie
FDA Panel to Review Edwards' Sapien
ODFL_041912.html>ODFL 041912
Checklist for Picking Winning Stocks - Screen of the Week
Eaton Corporation - Value
More News ...