NEW YORK (AVAFIN) -- During the last trading session, a new 90-day call record for traded contracts was established.
There were 1.1 calls traded for every put contract yielding a 0.93 put/call 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.
Rackspace Hosting is trading at $41.33, down $1.82 (4.22%) in today's trading session.
The daily low is $40.64 and the high is $43.00. The trading volume of 5M is above
the average volume of 2M shares. RAX is trading below the 50 day moving
average and lower than the 200 day moving
average. The technical momentum Relative Strength Index indicator shows oversold conditions. The stock's 52 week low is $30.34 and 52 week high is $60.55. To date, the stock has lost -25.22% within the last quarter.