Opko Health Inc (OPK)

[WiseFool]

Opko Health Options Contracts New Ninety Day Record

Opko Health – Daily Digest
Posted on 03/20/2015 by Ethan Greenberger

Opko Health options contracts experienced a new ninety day record for call contracts where a total of 2.30K call contracts were traded in the busy trading session. The contract spread yielded a 0.77 put/call ratio where 1.3 call contracts were traded for each put contract.

Investors use options to manage risk and to speculate on price changes. Options can provide significant leverage if the stock moves in the right direction but aslo end up worthless if it doesn’t.

OPKO Health, Inc. is engaged in the development and commercialization of pharmaceutical products, vaccines, diagnostic technologies, and imaging systems.

Opko Health is trading at $14.52, down $0.15 (1.02%) in today’s trading session. The daily low is $14.39 and the high is $14.78. The trading volume of 4.46M is above the average volume of 3.97M shares. OPK is trading above the fifty day moving average and lower than the two hundred day moving average. The technical momentum Relative Strength Index indicator shows oversold conditions. The stock’s 52 week low is $7.82 and 52 week high is $15.23. Within the last quarter, the shares have gained 68.62% of their value.