NEW YORK (AVAFIN) -- Options traders were heavily trading options contracts during the market session
establishing a new 3-month volume record for shares of Chicago Bridge & Iron Company N.V.. A total of 7,779 put and
9,944 calls were traded equating to a 0.78 put/call ratio.
The skewed options ratio suggests that traders are re-balancing their portfolios in anticipation
of a price shift. Unusual volume activity directly reflects investor outlook and confirms that a
stock move is imminent.
CBI is trading above the 50 day moving average and higher than
the 200 day moving average. Chicago Bridge & Iron Company N.V. opened at $58.65 and the stock price declined $1.76 (2.99%)
to $57.01 during the market session. CBI is trading between the range of $55.82 - $58.71.
Performance indicators show that the stock has gained 31.59% within the last quarter.