NEW YORK (AVAFIN) -- Trading of CenturyLink options resulted in establishing a new 90-day call volume record, where 4,024 call
contracts exchanged hands between the buyers and the sellers. A total of 3,958 put and 4,024
call contracts was traded raising a 0.98 put/call ratio on shares of CTL
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.
CTL is trading below the 50 day moving average and lower than
the 200 day moving average. CenturyLink opened at $38.24 and the stock price declined $0.61 (1.58%)
to $37.88 during the market session. CTL is trading between the range of $37.55 - $38.39.
Performance indicators show that the stock has lost -2.93% within the last month.