Opko Health Inc (OPK)

[WiseFool]

Opko Health - Daily Trading Update Avafin
Posted on 03/23/2015 by Ethan Greenberger

A record number of Opko Health call contracts were traded during the busy trading session. There were 2.2 call contracts traded for each put contract yielding a 0.46 put/call ratio where 2.01K put and 4.34K call contracts exchanged hands.

Put/Call ratio is often used to measure investor sentiment, the ratio serves as a predictor of investor behavior. A high put/call ratio suggests that the investor sentiment is bearish and that investors expect the underlying stock to decrease in value. In contrast, a low put/call ratio suggests that the investor sentiment is bullish and that the underlying stock is expected to increase in value. Unusual volume provides reliable clues that the stock is expected to make a move.

The trading volume of 4.20M is above the 90 day average volume of 3.82M shares. Shares of Opko Health edged up $0.41 (2.82%) to $14.93. The price of the stock ranged between a low of $14.55 and $15.15 respectively.