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Thursday, 08/12/2010 4:34:10 AM

Thursday, August 12, 2010 4:34:10 AM

Post# of 249359
Trading Update for Wave Systems Corp. (WAVX)
Posted on 08/11/2010 by Leo Goldman
http://www.marketintellisearch.com/articles/1038850.html
NEW YORK (Market Intellisearch) -- Wave Systems Corp. options saw heavy call activity today. A total of 127 call and 0 put contracts were traded raising a 90 day record high call volume alert. Today's traded Put/Call ratio is 0.00. There were 127.00 calls traded for each put contract.

The ratio skew implies that investors are hedging their positions in anticipation of a stock move. Today’s unusual volume activity confirms that traders are rebalancing their portfolios.

Wave Systems Corp. closed at $2.93 in the last trading session and opened today at $2.88. The stock price declined $0.34 (-11.60%) to $2.59 in today's trading session. WAVX is trading between the range of $2.51 - $2.91. Volume is 940,200 in relation to the three month average volume of 454,160 shares. WAVX is trading below the 50 day moving average and lower than the 200 day moving average. The stock's 52 week low is $0.80 and 52 week high is $4.75.
http://www.marketintellisearch.com/articles/1038850.html

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