Volume is light again today and the total put-to-call ratio is distorted due to heavy ex-dividend activity. About 7.2 million calls and 3.3 million puts traded so far. Nearly 1 million calls traded in Kraft (KFT) due to the dividend. DOW, NUE, XRX also seeing heavy volume for the same reason.
Category: Market Update
About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.