NEW YORK (AVAFIN) -- During the last trading session, a new 90-day call record for traded contracts was established.
There were 2.5 calls traded for every put contract yielding a 0.40 put/call ratio.
Options can be used as predictors of stock behavior. Investors can use put/call ratios as
technical indicators to read for signs of institutional sentiment. The put/call ratios
offer insight to investors and can be used as either a direct or contrarian indicator
for trading decisions. Unusual volume provides reliable clues that the stock is expected
to make a move.
VRTX is trading above the 50 day moving average and higher than
the 200 day moving average. Vertex Pharmaceuticals Incorporated opened at $56.15 and the stock price rose $0.60 (+1.07%)
to $56.54 during the market session. VRTX is trading between the range of $55.78 - $56.96.
To date, the stock has gained 31.67% within the last quarter.