PPG Industries (PPG) - Trading Review

Posted on 01/22/2013 by Tom Kaplan

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NEW YORK (AVAFIN) -- PPG Industries options contracts experienced a high put/call ratio during the last market session. The aggregate volume of put contracts versus call contracts equated to 4.89. Specifically, 14,742 put and 3,013 call contracts exchanged hands yesterday.

Investors use options to manage risk and to speculate on price changes. Options can provide significant leverage if the stock moves in the right direction but aslo end up worthless if it doesn't.

Shares of PPG Industries gained $0.04 (+0.03%) to $142.77. The last trading session witnessed a low of $141.04 and high of $143.74 during the day. The current trading volume of 5M is greater than average volume of 1M shares. PPG is trading above the 50 day moving average and higher than the 200 day moving average. The stock's 52 week low is $87.24 and 52 week high is $143.50. Performance indicators show that the stock has gained 21.72% within the last quarter.


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