NEW YORK (AVAFIN) -- A total of 55,922 put and 7,115 call contracts were traded raising a high put/call volume alert for Financial Select Sector SPDR.
There were 7.9 puts traded for each call contract yielding a 7.86 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.
Financial Select Sector SPDR (XLF) opened today at $18.67 and is currently trading at $18.49, down $0.21 (1.12%) during
last trading session. Within the last month, shares of XLF have gained 7.41% of their value.
The daily low is $18.48 and the high is $18.69. The trading volume
of 40M is below the average volume of 50M shares. XLF is trading above the 50
day moving average and higher than the 200 day moving average. The stock's 52 week low is $13.30 and 52 week high is $18.65.