Options Highlights for Amarin Corporation

Posted on 11/15/2012 by Peter Mankowitz

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NEW YORK (AVAFIN) -- During the last trading session, a new 90-day call record for traded contracts was established. There were 1.3 calls traded for every put contract yielding a 0.77 put/call ratio.

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A significant increase in the trading volume of a stock's option often is a precursor of movement by the underlying stock. In such instances, put/call Ratio can be used as an investor sentiment indicator, where a high ratio implies that the overall investor sentiment is bearish and a low put/call ratio implies that the sentiment is bullish.

Shares of Amarin Corporation closed at $11.24, up $0.55 (+5.14%) in the last trading session. Today's volume of 5M shares is greater than the average volume of 4M shares. AMRN is trading below the 50 day moving average and lower than the 200 day moving average. The stock's 52 week low is $5.99 and 52 week high is $15.96.

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