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Saturday, 08/30/2014 3:14:08 AM

Saturday, August 30, 2014 3:14:08 AM

Post# of 58088
This is from eddyjames181 @ yahoo message board 5 hours ago Flag3
what does he mean by this?

PLUG option traders are betting on a breakout for the shares."Since breaking through resistance in the $5 region in late July, PLUG has spent its time churning between $5.50 and $6.50, and on Thursday, the equity closed at the lower end of this range, at $5.55. At the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), option traders are betting on a breakout for the shares. Specifically, the security has racked up a 10-day call/put volume ratio of 7.41 on this trio of exchanges. With more than one-quarter of Plug Power Inc's float sold short, though, a portion of this activity could be a result of shorts hedging against any additional upside for a stock that's rallied roughly 258% year-to-date. Regardless, PLUG's front-month options can be purchased on the cheap, as the equity's Schaeffer's Volatility Index (SVI) of 64% ranks lower than all comparable readings taken in the past year." (Schaeffer) Quick, grab your wallets shorties
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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