NEW YORK (AVAFIN) -- Unsual volume of put contracts traded on the exchange. Put's outpaced call contracts in a
0.6 to one ratio. The average ten day put volume is 1,971. However, todays's
activities yielded 9,927 put contracts.
Options are useful tools for predicting the movement of the underlying stock. Put/Call ratio
statistics serve as a useful predictor of investment sentiment, indicating what experienced
investors are doing in preparation for a move of an underlying stock. Thus, unusual volume
provides reliable clues that the stock is expected to make a move.
SVU is trading above the 50 day moving average and lower than
the 200 day moving average. SUPERVALU opened at $2.61 and the stock price rose $0.35 (+13.51%)
to $2.94 during the market session. SVU is trading between the range of $2.57 - $3.15.
Performance indicators show that the stock has lost -3.36% within the last month.
View Best Performing Stocks
Supervalu Inc. operates as a grocery retailer in the United States. It conducts its operations under three retail food store formats: combination stores, food stores and limited assortment food stores.