NEW YORK (AVAFIN) -- Tiffany & options set a new 90-day record for the number of call contracts that exchanged
hands between the buyers and the sellers. Aggregate volume of puts was 5,252 and calls
was 7,545 equating to a 0.70 put/call ratio.
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.
Tiffany & opened at $58.11 and the stock price rose $1.59 (+2.77%)
to $58.93 during the market session. TIF is trading between the range of
$57.11 - $59.35. To date, the stock has lost -1.82% within the last week.
Volume is 5M in relation to the three month
average volume of 1M shares. TIF is trading below the 50
day moving average and lower than the 200 day moving average.
