High Put to Call Option Ratio Detected (RFMD), (IP), (USG), (UYG), (INCY)

January 6, 2012
By

RF Micro Devices Inc. (NASDAQ: RFMD) fell by -18.97% or $-1.07 per share to $4.57 on volume of 11.94M shares traded. Put option volume was 993 contracts versus 456 contracts for call options. This represents a put-to-call ratio of 2.18. Investors are betting that the share price will move lower in the near future.

International Paper Co. (NYSE: IP) gained 1.74% or $0.53 per share to $30.98 on volume of 272.64K shares traded. Put option volume was 423 contracts versus 195 contracts for call options. This represents a put-to-call ratio of 2.17. This means that investors are taking a more bearish view on the stock today, expecting a descending move in the share price.

USG Corporation (NYSE: USG) fell by -0.44% or $-0.05 per share to $11.34 on volume of 656.18K shares traded. Put option volume was 73 contracts versus 34 contracts for call options. This represents a put-to-call ratio of 2.15. This means that investors are taking a more bearish view on the stock today, expecting a descending move in the share price.

ProShares Ultra Financials (NYSEARCA: UYG) fell by -0.77% or $-0.36 per share to $46.63 on volume of 344.13K shares traded. Put option volume was 158 contracts versus 75 contracts for call options. This represents a put-to-call ratio of 2.11. This means that investors are taking a more bearish view on the stock today, expecting a descending move in the share price.

Incyte Corporation (NASDAQ: INCY) gained 4.14% or $0.64 per share to $16.09 on volume of 263.42K shares traded. Put option volume was 73 contracts versus 35 contracts for call options. This represents a put-to-call ratio of 2.09. This indicates that investors are anticipating a decline in the share price in a short period of time.

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