Daily Options Trading for Advance Auto Parts (AAP)

NEW YORK (Market Intellisearch) — Unusual volume of call and put contracts crossed the tape today. Total of 4,312 call contracts and 570 put contracts were traded in the marketplace. Today’s traded Put/Call ratio is 0.13. There were 7.56 calls traded for each put contract.

Summary of all Unusual Trading Activities

The following alerts were raised:
- Unusual Call Volume
- Unusual Put Volume
- Low Put/Call Ratio

A significant increase in the trading volume of a stock’s option often is a precursor of movement by the underlying stock. In such instances, Put/Call Ratio can be used as an investor sentiment indicator, where a high ratio implies that the overall investor sentiment is bearish and a low Put/Call ratio implies that the overall sentiment is bullish.

Shares of Advance Auto Parts edged up $0.68 (+1.11%) to $62.08. The stock closed at $61.40 in the previous trading session and opened today at $61.77. The price of the stock ranged between a low of $61.53 and $62.43 respectively. The trading volume of 575,987 is below the 90 day average volume of 904,944 shares. AAP is trading above the 50 day moving average. The stock’s 52 week low is $36.11 and 52 week high is $61.45. The stock has a P/E ratio of 18.53 and a dividend yield of 0.39%.

Price Performance Metrics for Advance Auto Parts:
-- Week:    4.05%
-- Month:   14.78%
-- Quarter: 39.84%
-- 6 Month: 53.10%
-- Year:    45.74%

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