Interesting Options Volume for CenterPoint Energy (CNP)

Interesting Options Volume for CenterPoint Energy (CNP)

NEW YORK (Market Intellisearch) -- Unusual volume of put contracts was traded today. There were 713 puts contracts versus the ten day average volume of 55. On the calls side, 27 calls contracts were traded. Today's traded Put/Call ratio is 26.41. There were 26.41 puts traded for each call contract.

Put/Call ratio is often used to measure investment sentiment, the ratio serves as a predictor of investor behavior. Unusual options volume provides reliable clues that the stock is expected to make a move.

CenterPoint Energy (CNP) closed at $14.07 in the last trading session and opened today at $14.19. CNP is trading at $14.19, up $0.12 (+0.85%) in today's trading session. The daily low is $14.10 and the high is $14.32. The trading volume of 3,435,131 is below the average volume of 4,771,960 shares. CNP is trading above the 50 day moving average and higher than the 200 day moving average. The stock's 52 week low is $5.67 and 52 week high is $14.90. The stock has a P/E ratio of 12.73 and a dividend yield of 5.47%.