NEW YORK (AVAFIN) -- Options traders were heavily trading call contracts during the last trading session establishing a new 3-month call volume record. A total of 20,506 put and 26,271 calls were traded where call contracts outnumbered puts 1.3:1, yielding a 0.78 ratio.
The skewed options ratio suggests that traders are re-balancing their portfolios in anticipation of a price shift. Unusual volume activity directly reflects investor outlook and confirms that a stock move is imminent.
Opko Health opened at $9.47 and the stock price declined $0.45 (4.78%) to $8.97 in the last trading session. OPK is trading between the range of $8.34 - $9.52. To date, the stock has gained 10.30% within the last quarter.
Sentiment: Strong Buy