Groupon - Trading Recap

Posted on 04/26/2013 by Rich Singler

Share on StockTwits

NEW YORK (AVAFIN) -- Unusual volume of Groupon put contracts exchanged hands in the options market. The average ten day put volume is 7,421. However, the put volume was 34,494. There were 4.1 puts traded for each call contract yielding a 4.15 put/call ratio. Specifically, 34,494 put and 8,316 call contracts were traded during the busy trading session.

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.

Groupon Inc provides a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount. The company features a daily deal on the best stuff to do, see, eat, and buy.

GRPN is trading above the 50 day moving average and higher than the 200 day moving average. Shares of Groupon closed at $6.38, down $0.09 (1.39%) in the last trading session. Today's volume of 12M shares is less than the average volume of 17M shares.

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