NEW YORK (AVAFIN) -- Hewlett-Packard Company options contracts experienced a low put/call ratio during today's trading session. The aggregate
volume of put contracts versus call contracts equated to 0.18. Respectively, 33,270 put and 180,229 call
contracts exchanged hands yesterday.
Unusual volume provides reliable clues that the stock is expected to make a move. Investors
can use the put/call ratio statistics to measure trader sentiment. A high put/call ratio
suggests that the overall investment sentiment is bearish and that investors expect the
underlying stock to decrease in value. Conversely, a low put/call ratio implies that
investor sentiment is bullish based on the large amount of call options.
Shares of HPQ opened today at $24.33 and settled the day up $0.56 to $24.81
during the session. The day's trading range is between $24.26 and $24.81 respectively.
To date, the stock has gained 18.29% within the last month.
On the volume side, 12M shares were traded which is less
than the average volume of 22M shares. Hewlett-Packard Company is trading above the 50 day
moving average and higher than the 200 day moving average. The stock's 52 week low is $11.35 and 52 week high is $25.47.