NEW YORK (Market Intellisearch) -- ACH options saw interesting call activity today. A total of 683 put and 2,815 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.24. There were 4.12 calls traded for each put contract.
Summary of all Unusual Trading Activities
The ratio skew implies that investors are hedging their positions in anticipation of a stock move. Today's unusual volume activity confirms that traders are rebalancing their portfolios.
Shares of Aluminum Corporation Of China Limited edged down $0.16 (-0.60%) to $26.49. The stock closed at $26.65 in the previous trading session and opened today at $26.46. The price of the stock ranged between a low of $26.20 and $26.60 respectively. The trading volume of 437,119 is above the 90 day average volume of 393,609 shares. The technical momentum Relative Strength Index indicator shows overbought conditions. ACH is trading above the 50 day moving average. The stock's 52 week low is $18.03 and 52 week high is $34.27.
Price Performance Metrics for Aluminum Corporation Of China Limited:-- Week:15.06% -- Month:24.94% -- Quarter: -14.11% -- 6 Month: -12.39% -- Year:-9.72%