NEW YORK (AVAFIN) -- Fastenal Company options set a new 90-day record for the number of call contracts that exchanged
hands between the buyers and the sellers. Aggregate volume of puts was 3,191 and calls
was 3,903 equating to a 0.82 put/call ratio.
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.
On the volume side, 6M shares were traded which is greater
than the average volume. Fastenal Company is trading below the 50 day
moving average and higher than the 200 day moving average.
Shares of FAST opened today at $51.38 and settled the day down $2.68 to $48.90
during the session. The day's trading range is between $48.83 and $51.50 respectively.
Within the last month, shares of FAST have gained 8.64% of their value.