Shares of Vodafone Group PLC VOD are higher on the session by 0.48%, currently trading $18.78. The stock has cascaded lower over the past three weeks and the stock is now well below the 50-day and 200-day moving average.
I see heavy put trading in the name today with the January 2011 $22.50 put traded 7,500 times for $5.60 (open interest on the strike is 10,846 contracts) and the January 2011 $17.50 put traded 1,092 on open interest of 2,159 contracts,
The put/call ration in the name is now running at 41.77x the norm.
Vodafone Group Plc is engaged in providing service, such as voice, messaging, data and fixed line and others.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: Short IdeasTechnicalsOptionsTrading IdeasTelecommunication ServicesWireless Telecommunication Services
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in