Trading update for bmc software inc

March 31st, 2010 by Manmohan Leave a reply »

BMC options saw interesting call activity today. A total of 186 put and 1,588 call contracts were traded raising a low Put/Call volume alert. Today’s traded Put/Call ratio is 0.12. There were 8.54 calls traded for each put contract.

Options are useful tools for predicting the movement of the underlying stock. Put/Call ratio statistics serve as a useful predictor of investment sentiment, indicating what experienced investors are doing in preparation for a move of an underlying stock.

Thus, unusual volume provides reliable clues that the stock is expected to make a move.

Shares of BMC closed at $38.12 in the previous trading session and opened today at $37.81. BMC Software Inc settled the day down $0.12 to $38.00 in the trading session.

The day’s trading range is between $37.69 and $38.44 respectively. On the volume side, 2,168,060 shares were traded which is less than the average volume of 2,222,760 shares.

BMC is trading above the 50 day moving average and higher than the 200 day moving average. The stock’s 52 week low is $31.00 and 52 week high is $40.87.



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