TIBX options saw interesting call activity today. A total of 76 put and 2,449 call contracts were traded raising a low Put/Call volume alert. Today’s traded Put/Call ratio is 0.03. There were 32.22 calls traded for each put contract.
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.
Shares of Tibco Software closed at $11.80 in the previous trading session and opened today at $11.75. TIBX is currently trading at $11.81, up $0.01 (+0.08%) in today’s trading session. The shares of the stock are trading between $11.60 and $12.03.
Today’s volume of 3,899,585 shares is greater than the average volume of 3,377,070 shares. TIBX is trading above the 50 day moving average and higher than the 200 day moving average. The stock’s 52 week low is $6.07 and 52 week high is $12.51.
Source:http://www.marketintellisearch.com/articles/1015381.html
