Fossil, Inc. (NASDAQ: FOSL) gained 2.33% or $1.82 per share to $79.90 on volume of 276.23K shares traded. Put option volume was 4464 contracts versus 89 contracts for call options. This represents a put-to-call ratio of 50.16. Put options (puts) are a bearish play on a stock, meaning investors are expecting to profit from a drop in the share price.
MetroPCS Communications, Inc. (CVE: PCS) remained flat at $0.06 on volume of 2.12M shares traded. Put option volume was 3441 contracts versus 72 contracts for call options. This represents a put-to-call ratio of 47.79. A high put-to-call ratio suggests that investors are looking for the stock price to drop in the near term.
UBS AG (CVE: UBS) remained flat at $0.04 on volume of 688.66K shares traded. Put option volume was 562 contracts versus 12 contracts for call options. This represents a put-to-call ratio of 46.83. Put options (puts) are a bearish play on a stock, meaning investors are expecting to profit from a drop in the share price.
Public Service Enterprise Group Inc. (NYSE: PEG) gained 1.01% or $0.32 per share to $31.98 on volume of 239.34K shares traded. Put option volume was 625 contracts versus 15 contracts for call options. This represents a put-to-call ratio of 41.67. This means that investors are taking a more bearish view on the stock today, expecting a descending move in the share price.
PG & E Corp. (NYSE: PCG) gained 0.54% or $0.22 per share to $41.07 on volume of 217.03K shares traded. Put option volume was 238 contracts versus 6 contracts for call options. This represents a put-to-call ratio of 39.67. This suggests that there is speculation of a downward move in the stock in the short term.