China Growth Stocks

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CHBT trading alert today
Source for text below
http://www.marketintellisearch.com/articles/1045665.html

Options list
http://www.schaeffersresearch.com/streetools/options/option_montage.aspx?ticker=chbt

Trading Alert for China-Biotics (CHBT)
Posted on 08/31/2010 by Leo Goldman


NEW YORK (Market Intellisearch) -- Unusual volume of call and put contracts crossed the tape today. Total of 4,842 call contracts and 7,093 put contracts were traded in the marketplace. Today's traded Put/Call ratio is 1.46. There were 1.46 puts traded for each call contract.

The following alerts were raised:
- Unusual Call Volume
- Unusual Put Volume
- 3 Month Record High Call Volume
- 3 Month Record High Put Volume

Put/Call ratio is often used to measure investment sentiment, the ratio serves as a predictor of investor behavior. Unusual options volume provides reliable clues that the stock is expected to make a move.

Shares of China-Biotics gained $0.84 (+6.98%) to $12.87. The stock closed at $12.03 in the last trading session and today the shares of CHBT opened at $11.56. So far today, the stock has hit a low of $11.37 and high of $12.96. The current trading volume of 2,488,675 is greater than average volume of 306,681 shares. CHBT is trading below the 50 day moving average and lower than the 200 day moving average. The stock's 52 week low is $11.34 and 52 week high is $19.74.