TEVA options saw interesting call activity today. A total of 1,399 put and 7,251 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.19. There were 5.18 calls traded for each put contract.
Put/Call ratio can be regarded as a predictor of investment sentiment, indicating what experienced investors are doing in preparation for a move of an underlying equity. A high Put/Call ratio suggests that the investor sentiment is bearish and that investors are expecting the underlying stock price to decrease. Conversely, a low Put/Call ratio implies that the investor sentiment is bullish and that investors are expecting the underlying stock price to increase. Thus, unusual volume provides reliable clues that the stock is expected to make a move.
Teva Pharmaceutical Industries Limited (TEVA) closed at $49.97 in the last trading session and opened today at $49.91. TEVA is trading at $50.27, up $0.30 (+0.60%) in today's trading session. The daily low is $49.79 and the high is $50.71. The trading volume of 3,052,799 is below the average volume of 8,381,690 shares. TEVA is trading below the 50 day moving average and lower than the 200 day moving average. The stock's 52 week low is $46.99 and 52 week high is $64.95. The stock has a P/E ratio of 17.75 and a dividend yield of 1.43%.
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