NEW YORK (Market Intellisearch) -- Unusual volume of call contracts was traded today. There were 21,977 call contracts traded compared to the ten day average volume of 3,910 contracts. On the put side, 1,035 put contracts exchanged hands. Today's traded Put/Call ratio is 0.05. There were 21.23 calls traded for each put contract.
The following alerts were raised:
- Unusual Call Volume
- Low Put/Call Ratio
- 3 Month Record High Call Volume
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.
Century Aluminum closed at $11.87 in the last trading session and opened today at $12.24. The stock price rose $0.78 (+6.57%) to $12.65 in today's trading session. CENX is trading between the range of $12.06 - $12.65. Volume is 3,162,952 in relation to the three month average volume of 2,885,490 shares. CENX is trading above the 50 day moving average and higher than the 200 day moving average. The stock's 52 week low is $8.00 and 52 week high is $18.77.