Xerox (NYSE:XRX) is currently up 148% since it’s lows in March 2010.
Xerox up 74% over the past 12 months.
XRX options saw interesting call activity today. A total of 1,915 put and 14,338 call contracts were traded raising a low Put/Call volume alert. Today’s traded Put/Call ratio is 0.13. There were 7.49 calls traded for each put contract.
Options can be used as predictors of stock behavior. Investors can use Put/Call ratios as technical indicators to read for signs of institutional sentiment. The Put/Call ratios offer insight to investors and can be used as either a direct or contrarian indicator for trading decisions. Unusual volume provides reliable clues that the stock is expected to make a move.
Read more at MarketIntelliSearch.com