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    Daily Options Trading for Aluminum Corp. of China

  • China Aluminium Network
  • Post Time: 2010/5/19
  • Click Amount: 594
    NEW YORK (Market Intellisearch) -- Aluminum Corp. of China options saw high put activity today. A total of 1,091 put and 122 call contracts were traded raising a high Put/Call volume alert. Today's traded Put/Call ratio is 8.94. There were 8.94 puts traded for each call contract.

    Unusual volume provides reliable clues that the stock is expected to make a move. Investors can use the Put/Call ratio statistics to measure trader sentiment. A high Put/Call ratio suggests that the overall investment sentiment is bearish and that investors expect the underlying stock to decrease in value. Conversely, a low Put/Call ratio implies that the overall investor sentiment is bullish based on the large amount of call options.

    Shares of Aluminum Corp. of China closed at $20.94 in the previous trading session and opened today at $21.25. ACH is currently trading at $20.73, down $0.21 (-1.00%) in today's trading session. The shares of the stock are trading between $20.51 and $21.44. Today's volume of 973,677 shares is greater than the average volume of 664,016 shares. ACH is trading below the 50 day moving average and lower than the 200 day moving average. The stock's 52 week low is $18.03 and 52 week high is $34.27.

    Source: /www.marketintellisearch.com
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