CYH’s Put Call Ratio Hits 26.22

Community Health Systems (Ticker: CYH) ended Monday’s market session having a remarkably high Put/Call Ratio of 26.22. The Put/Call Ratio is assessed by dividing the total volume of Puts traded throughout the day by the overall buy facebook fans quantity of Calls exchanged. A Put gives the buyer the right to sell a stock at an established price before the contract’s expiration date. A Call contract, however, gives the buyer the option to buy TENS the underlying issue at an established price before the contract’s expiration date. Put activity is, thus, generally connected with bearish traders while Call volume is connected with bullish investors. Thus, Monday’s Jason Hope Phoenix P/C Ratio for Community Health means that there were 26.22 Put options traded for each Call exchanged. Investors frequently employ the P/C Ratio as a contrarian signal. A high P/C Ratio often indicates that the market has arrived at Jason Hope Philanthropy an extremely bearish state and that a bottom may be at hand. A subdued Put/Call Ratio, however, often indicates that the market has arrived at an overbought wireless internet providersextreme and a market top may be at hand. Having said that, instead of simply acting on the raw Put/Call Ratio number, most investors will drill into the market’s historical details in order to compare and contrast each of the P/C Ratio’s components wireless internet and their average readings. Taking the ten-day trading activity for calls and puts, the average Put Call Ratio for Community Health Systems was 1.33. crossbow This means that Monday’s level was 1,865.09% higher than the 10-day average. Total put and call volume for the trading session was below average. Using the 10-day averages once again, Community Health Systems has averaged 3,254 total options contracts per trading session. Monday’s volume of 1,225 was, wood stove therefore, -62.35 percent lower than the average. There were 1,180 Put contracts for CYH exchanged, which is -36.56% lower thanjumpking trampoline the average 10-day Put volume of 1860. However, the average number of Call contracts traded over the previous 10 days was 1,394. Monday’s activity was -96.77 percent lower than the average, with only 45 contracts being traded. The stock closed at 36.32, which was -0.67 pct down for the trading session. wine refrigerator