Frontier Communications Corporation (CVE: FTR) remained flat at $0.06 on volume of 1.02M shares traded. Put option volume was 177 contracts versus 5 contracts for call options. This represents a put-to-call ratio of 35.40. This indicates that investors are anticipating a decline in the share price in a short period of time.
iShares MSCI South Korea Index (NYSEARCA: EWY) fell by -1.07% or $-0.57 per share to $52.58 on volume of 677.40K shares traded. Put option volume was 261 contracts versus 12 contracts for call options. This represents a put-to-call ratio of 21.75. This means that investors are taking a more bearish view on the stock today, expecting a descending move in the share price.
Check Point Software Technologies Ltd. (NASDAQ: CHKP) remained flat at $52.59 on volume of 257.21K shares traded. Put option volume was 200 contracts versus 12 contracts for call options. This represents a put-to-call ratio of 16.67. Put options (puts) are a bearish play on a stock, meaning investors are expecting to profit from a drop in the share price.
UBS AG (CVE: UBS) remained flat at $0.04 on volume of 553.29K shares traded. Put option volume was 160 contracts versus 10 contracts for call options. This represents a put-to-call ratio of 16.00. This suggests that there is speculation of a downward move in the stock in the short term.
Developers Diversified Realty Corp. (NYSE: DDR) gained 0.85% or $0.11 per share to $12.98 on volume of 660.50K shares traded. Put option volume was 560 contracts versus 35 contracts for call options. This represents a put-to-call ratio of 16.00. A high put-to-call ratio suggests that investors are looking for the stock price to drop in the near term.