Intuit Inc. (NASDAQ: INTU) fell by -0.60% or $-0.33 per share to $54.23 on volume of 361.63K shares traded. Put option volume was 134 contracts versus 13 contracts for call options. This represents a put-to-call ratio of 10.31. This suggests that there is speculation of a downward move in the stock in the short term.
Plains Exploration & Production Company (CVE: PXP) remained flat at $0.10 on volume of 153.37K shares traded. Put option volume was 154 contracts versus 15 contracts for call options. This represents a put-to-call ratio of 10.27. This means that investors are taking a more bearish view on the stock today, expecting a descending move in the share price.
Herbalife Ltd. (TSE: HLF) fell by -1.04% or $-0.15 per share to $14.25 on volume of 106.63K shares traded. Put option volume was 1885 contracts versus 208 contracts for call options. This represents a put-to-call ratio of 9.06. This indicates that investors are anticipating a decline in the share price in a short period of time.
Eastman Kodak Co. (NYSE: EK) gained 4.76% or $0.05 per share to $1.10 on volume of 1.37M shares traded. Put option volume was 764 contracts versus 86 contracts for call options. This represents a put-to-call ratio of 8.88. This means that investors are taking a more bearish view on the stock today, expecting a descending move in the share price.
Medtronic, Inc. (NYSE: MDT) fell by -0.25% or $-0.09 per share to $35.89 on volume of 630.71K shares traded. Put option volume was 614 contracts versus 71 contracts for call options. This represents a put-to-call ratio of 8.65. Investors are betting that the share price will move lower in the near future.