NEW YORK (AVAFIN) -- United Continental Holdings witnessed a record number of call and put contracts during the busy trading session. There
were 0.5 call contracts traded for each put contract yielding a 1.93 put/call ratio
where 24,961 put and 12,910 call contracts exchanged hands.
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.
United Continental Holdings settled the day down $0.97 to $24.79 in the previous trading session. Today's
trading range was between $24.76 and $25.85 respectively. On the volume side, 6M shares were
traded, which is greater than the average volume of 3M shares. UAL is trading
above the 50 day moving average and higher than the 200 day
moving average. The stock's 52 week low is $17.45 and 52 week high is $26.24. Within the last month, shares of UAL have gained 26.27% of their value.
View Best Performing Stocks
