NEW YORK (AVAFIN) -- Trading of InterOil Corporation options resulted in establishing a new 90-day call volume record, where 9,717 call
contracts exchanged hands between the buyers and the sellers. A total of 3,006 put and 9,717
call contracts was traded raising a 0.31 put/call ratio on shares of IOC
Unusual volume provides reliable clues that the stock is expected to make a move. Investors
can use the put/call ratio statistics to measure trader sentiment. A high put/call ratio
suggests that the overall investment sentiment is bearish and that investors expect the
underlying stock to decrease in value. Conversely, a low put/call ratio implies that
investor sentiment is bullish based on the large amount of call options.
Shares of IOC opened today at $61.75 and settled the day up $5.58 to $66.44
during the session. The day's trading range is between $61.55 and $66.50 respectively.
Performance indicators show that the stock has gained 14.47% within the last week.
On the volume side, 1M shares were traded which is greater
than the average volume of 751M shares. InterOil Corporation is trading above the 50 day
moving average and higher than the 200 day moving average. The stock's 52 week low is $31.18 and 52 week high is $75.87.
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