NEW YORK (AVAFIN) -- Tiffany & options established a new 90-day record for traded call and put contracts. A total of 21,653
put and 7,511 call contracts were traded raising a 2.88 put/call ratio on shares of TIF
Put/Call ratio is often used to measure investor sentiment, the ratio serves as a predictor of
investor behavior. A high put/call ratio suggests that the investor sentiment is bearish and
that investors expect the underlying stock to decrease in value. In contrast, a low put/call
ratio suggests that the investor sentiment is bullish and that the underlying stock is expected
to increase in value. Unusual volume provides reliable clues that the stock is expected to
make a move.
Tiffany & opened at $66.09 and the stock price declined $0.98 (1.49%)
to $64.77 in the last trading session. TIF is trading between the range of
$63.57 - $66.39. Performance indicators show that the stock has gained 5.66% within the last quarter.