NEW YORK (AVAFIN) -- A record number of ATP Oil & Gas call contracts were traded during the busy trading session. There
were 0.7 call contracts traded for each put contract yielding a 1.53 put/call ratio
where 12,133 put and 7,924 call contracts exchanged hands.
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Put/Call ratio is often used to measure investor sentiment, the ratio serves as a predictor of
investor behavior. A high put/call ratio suggests that the investor sentiment is bearish and
that investors expect the underlying stock to decrease in value. In contrast, a low put/call
ratio suggests that the investor sentiment is bullish and that the underlying stock is expected
to increase in value. Unusual volume provides reliable clues that the stock is expected to
make a move.
The last trading session witnessed a low of $3.95 and high of $4.55 during the day. Shares of ATP Oil & Gas
slipped $0.56 (12.34%) to $4.01. The current trading volume of 3M is greater
than average volume of 1M shares. The stock's 52 week low is $4.50 and 52 week high is $16.23. Within the last month, shares of ATPG have lost -51.80% of their value.
