NEW YORK (AVAFIN) -- Activision Blizzard 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 3,180 and calls
was 18,388 equating to a 0.17 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.
Activision Blizzard opened at $13.23 and the stock price rose $0.16 (+1.19%)
to $13.57 in the last trading session. ATVI is trading between the range of
$13.19 - $13.85. Performance indicators show that the stock has gained 20.49% within the last quarter.
Activision-Blizzard is a leading publisher and developer of video games for consoles, PCs, and handheld devices. The company sells its games globally and has developed the most popular franchises in entertainment industry history, including PC games such as World of Warcraft, Starcraft, and Diablo, as well as the console series Call of Duty.
